<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 17): D'nonce Technology Bhd's group managing director, CEO and single largest shareholder, Law Kim Choon, is looking to sell a substantial block of his shares in the company.</p></div>

<div class=newsTextDataWrapInner><p>Earlier today, a local news outlet reported that the company is the target of a takeover exercise, with preliminary negotiations ongoing at the shareholder level, according to sources.</p></div>

<div class=newsTextDataWrapInner><p>"The single largest shareholder confirmed that he is in the midst of negotiation with potential investors to dispose of a substantial block of his shares in the company," D'nonce said in a filing with the stock exchange today.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>It added that the terms of the transaction have yet to be finalised and that the company would make the necessary announcement when the transaction is concluded.</p></div>

<div class=newsTextDataWrapInner><p>D'nonce was in the limelight in late 2016 when it said one of its major shareholders was in talks with poultry and egg player Lay Hong Bhd for a stake in the company.</p></div>

<div class=newsTextDataWrapInner><p>Shares in D'nonce closed up 4 sen or 10.81% at a two-month high of 41 sen today, giving the group a market capitalisation of RM75.65 million.</p></div>

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KUALA LUMPUR (Jan 17): D'nonce Technology Bhd's group managing director, CEO and single largest shareholder, Law Kim Choon, is looking to sell a substantial block of his shares in the company.

Earlier today, a local news outlet reported that the company is the target of a takeover exerc...

D'nonce says MD looking to sell substantial stake

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