<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 8): Software and engineering solution company, DGB Asia Bhd has emerged as the new substantial shareholder of Mtouche Technology Bhd after it acquired a 5.26% stake or 48.75 million shares in the open market on Wednesday (Oct 6).</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing today, the group said the acquisition was made via its wholly-owned subsidiary, DGB Networks Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>Notably, this is the second time the group has emerged as the substantial shareholder of a public-listed company in a year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In November last year, DGB Asia also emerged as the substantial shareholder of PUC Bhd, after it acquired a 6.51% stake or 40.2 million shares in the open market.</p></div>

<div class=newsTextDataWrapInner><p>According to the group’s website, DGB Asia provides AIDC (Automatic Identification and Data Capture) tracking solutions and distribution in Singapore, Malaysia, Hong Kong and China.</p></div>

<div class=newsTextDataWrapInner><p>For the first-half period ended June 30, 2021 (1HFY21), DGB Asia’s net losses swelled to RM16.65 million compared with a net loss of RM1.72 million in the same period last year (1HFY20).</p></div>

<div class=newsTextDataWrapInner><p>Revenue, however, increased by 133% to RM10.72 million against RM4.6 million reported in 1HFY20.</p></div>


Software and engineering solution company, DGB Asia Bhd has emerged as the new substantial shareholder of Mtouche Technology Bhd after it acquired a 5.26% stake or 48.75 million shares in the open market on Wednesday (Oct 6).

In a Bursa Malaysia filing today, the group said the acquisition was made via its wholly-owned subsidiary, DGB Networks Sdn Bhd

DGB Asia emerges as MTouche’s substantial shareholder

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<p>Johor Menteri Besar Datuk Onn Hafiz Ghazi hopes more Johoreans living outside Johor will return to the state and contribute ideas to ensure progress and development in the state that they were born in.</p>

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<p>King Charles and other senior British royals are to relinquish patronages of almost 200 charities and organisations after a review of their association with more than 1,000 groups, Buckingham Palace said on Saturday.</p>


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<p>US Treasury Secretary Janet Yellen said she still sees underlying price pressures receding even as a tight housing supply has helped stall the downward path of inflation.</p>


<p>Electric vehicle (EV) maker Zeekr Intelligent Technology Holding said on Friday it was targeting a valuation of up to US$5.13 billion (RM24.32 billion) in its US initial public offering (IPO), the first major floatation of a China-based company in more than two years.</p>


<p>The Kuala Kubu Baharu (KKB) by-election campaign is entering a critical period for all contesting parties and candidates to redouble their efforts to win as many votes as possible.</p>


<p>Google and the US Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully dominated web search and related advertising, in a case the government contends could shape the “future of the internet”.</p>


<p>This year marks the 30th anniversary of the United Nations’ International Year of the Family (IYF). In the decades since the IYF was proclaimed, demographic shifts, technological transformations, migration, urbanization, and climate change have upended societies around the world. Responding effec...