Tag Archives: Daibochi

Daibochi gets the nod for Myanmar joint venture [PRESS RELEASE]

  • Myanmar operations to post significant contribution to Group effective 3Q17
  • Investing USD5.5 million CAPEX to enhance plant production capacity and efficiency

Kuala Lumpur, Malaysia, 3 May 2017 – Leading flexible packaging manufacturer Daibochi Plastic and Packaging Industry Berhad (Daibochi; 耐慕志; Bloomberg: DPP:MK; Reuters: DPPM.KL) secured regulatory approval from the Myanmar Investment Commission (MIC) for its joint venture (JV) company Daibochi Packaging (Myanmar) Company Limited (DPM) to commence operations, charting a new milestone in its regional expansion in Southeast Asia’s burgeoning consumer packaging market.

Established in February 2017, DPM is a JV between Daibochi’s wholly-owned subsidiary Daibochi Flexibles Sdn Bhd and flexible packaging manufacturer Myanmar Smart Pack Industrial Company Limited (MSP) to operate a flexible consumer packaging production facility in Yangon, Myanmar.

Mr. Thomas Lim (树坤), Managing Director, Daibochi Plastic and Packaging Industry Berhad said:

“With the approval from MIC, DPM will proceed with the completion of the JV agreement and we target to officially commence operations in a month’s time. DPM is set to contribute significantly to the Group’s financial performance effective from the third quarter of 2017 (3Q17).

More importantly, we are ready to commence exports from our Myanmar operations to ASEAN countries in 3Q17, complementing the Malaysian plant in covering a wider customer base. We will also expand sales within Myanmar itself, to ride on its growing population and increasingly-developing economy.”

Read the full press release here.

InterimDividend

EX-date 15 Mar 2017
Entitlement date 17 Mar 2017
Entitlement time 04:00 PM
Entitlement subject Interim Dividend
Entitlement description Interim single tier dividend of 1.32 sen per share
Period of interest payment   to
Financial Year End 31 Dec 2016
Share transfer book & register of members will be 20 Mar 2017   to   20 Mar 2017 closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200Kuala Lumpur Tel:0327839299 Fax:0327839222
Payment date 10 Apr 2017
a.Securities transferred into the Depositor’s Securities Account before 4:00 pm in respect of transfers 17 Mar 2017
b.Securities deposited into the Depositor’s Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 15 Mar 2017
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.0132
Par Value Malaysian Ringgit (MYR) 0.000

 

Remarks :
Arising from the migration to the no par value regime under the CA 2016, par value is no longer relevant.

Notice of Immediate Resale or Cancellation of Treasury Shares

Date of transaction 21 Feb 2017
Currency Malaysian Ringgit (MYR)
Total number of treasury shares sold (units) 579,000
Total number of treasury shares cancelled (units) 0
Minimum price paid for each share sold ($$) 2.280
Maximum price paid for each share sold ($$) 2.280
Total amount received for treasury shares sold ($$) 1,315,302.22
Cumulative net outstanding treasury shares as at to-date (units) 356,300
Adjusted issued capital after cancellation/resale (no. of shares) (units) 0

 

Remarks :
Sold to institution fund.

Notice of Shares Buy Back by a Company

Date of buy back from 03 Feb 2017
Date of buy back to 13 Feb 2017
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 113,100
Minimum price paid for each share purchased ($$) 2.220
Maximum price paid for each share purchased ($$) 2.230
Total amount paid for shares purchased ($$) 252,952.44
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units) 113,100
Total number of shares retained in treasury (units) 910,400
Number of shares purchased which were cancelled (units) 0
Total issued capital as diminished 0
Date lodged with registrar of companies 17 Feb 2017
Lodged by Ms Tan Gaik Hong

 

Notice of Shares Buy Back Immediate Announcement

Date of buy back 16 Feb 2017
Description of shares purchased Ordinary shares of RM0.50 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 6,900
Minimum price paid for each share purchased ($$) 2.230
Maximum price paid for each share purchased ($$) 2.230
Total consideration paid ($$) 15,505.76
Number of shares purchased retained in treasury (units) 6,900
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 935,300
Adjusted issued capital after cancellation
(no. of shares) (units)
0
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 0.34000

 

Notice of Shares Buy Back Immediate Announcement

Date of buy back 15 Feb 2017
Description of shares purchased Ordinary shares of RM0.50 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 18,000
Minimum price paid for each share purchased ($$) 2.230
Maximum price paid for each share purchased ($$) 2.230
Total consideration paid ($$) 40,449.06
Number of shares purchased retained in treasury (units) 18,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 928,400
Adjusted issued capital after cancellation
(no. of shares) (units)
0
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 0.34000

 

Notice of Shares Buy Back Immediate Announcement

Date of buy back 13 Feb 2017
Description of shares purchased Ordinary shares of RM0.50 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 8,100
Minimum price paid for each share purchased ($$) 2.230
Maximum price paid for each share purchased ($$) 2.230
Total consideration paid ($$) 18,202.63
Number of shares purchased retained in treasury (units) 8,100
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 910,400
Adjusted issued capital after cancellation
(no. of shares) (units)
0
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 0.33000

 

Notice of Shares Buy Back Immediate Announcement

Date of buy back 10 Feb 2017
Description of shares purchased Ordinary shares of RM0.50 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 25,000
Minimum price paid for each share purchased ($$) 2.230
Maximum price paid for each share purchased ($$) 2.230
Total consideration paid ($$) 56,178.30
Number of shares purchased retained in treasury (units) 25,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 902,300
Adjusted issued capital after cancellation
(no. of shares) (units)
0
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 0.33000

 

Notice of Shares Buy Back by a Company

Date of buy back from 23 Jan 2017
Date of buy back to 02 Feb 2017
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 218,000
Minimum price paid for each share purchased ($$) 2.210
Maximum price paid for each share purchased ($$) 2.230
Total amount paid for shares purchased ($$) 486,379.97
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units) 218,000
Total number of shares retained in treasury (units) 797,300
Number of shares purchased which were cancelled (units) 0
Total issued capital as diminished 0
Date lodged with registrar of companies 07 Feb 2017
Lodged by Ms Tan Gaik Hong