News

Divfex secures TM contract worth RM71.8 mil KUALA LUMPUR (Oct 27): Divfex Bhd’s wholly-owned subsidiary Diversified Gateway Bhd has clinched a RM71.82 million contract from Telekom Malaysia Bhd (TM). The information and communications technology solutions provider said under the agreement, it will plan, design, install, test, commission, maintain and provide support services for TM’s dense wavelength division multiplexing (DWDM). The contract, spanning nearly 17 years, runs from Aug 1, 2022, until March 15, 2039, it said in a filing with Bursa Malaysia on Thursday. “The letter of award is expected to contribute positively to the revenue, earnings and net assets of [...]

Diversified Gateway to change name to DivFex effective April 11 KUALA LUMPUR (April 7): Diversified Gateway Solutions Bhd (DGSB) will operate under the name of Divfex Bhd from Monday (April 11), said Bursa Malaysia. Accordingly, its current stock short name DGSB will be changed to DFX, while its stock number remains unchanged. DGSB previously said that the name change was to better reflect the group’s move to refocus on its ICT business and future undertakings. Its shareholders had approved the name change on April 1 at an extraordinary general meeting, which also saw the approval of its proposed acquisition of a [...]

Diversified Gateway Solutions sells Thai consulting firm for RM32m, declares dividend KUALA LUMPUR (July 4): Computer software and hardware consulting company Diversified Gateway Solutions Bhd (DGSB) is disposing of its entire stake in ISS Consulting (Thailand) Ltd for THB236.43 million (approximately RM32.03 million) cash. The company will declare a special dividend of 0.8 sen per share with part of the proceeds. The divestment is a move to unlock and realise the value of its overseas investment in the company, said the company in a filing with Bursa Malaysia this evening. DGSB said it had today entered into a share sale agreement [...]

DGSB sells unit in Thailand for RM32mil, plans special RM6mil cash dividend payout KUALA LUMPUR: ACE-market listed Diversified Gateway Solutions Bhd (DGSB) is selling its information technology (IT) consulting business in Thailand to focus on its food technology and manufacturing business at home. The company, in a filing with Bursa Malaysia today, said it has agreed to dispose ISS Consulting (Thailand) Ltd to itelligence AG for RM32mil. The business in Thailand contributed 83% of the DGSB consolidated revenue in financial year ended March 31, 2018. "Upon completion of the proposed disposal, DGSB will continue its digital media and infrastructure services in Malaysia, and [...]

TNB inks MoU with 3 listed firms Tenaga Nasional Bhd’s (TNB) wholly owned subsidiary TNB Energy Service Sdn Bhd (TNBES) through its unit, Maevi Sdn Bhd, has signed a memorandum of understanding (MoU) with three companies as strategic partners for energy management system and smart home projects. In a statement last Friday, the power utility said the MoU will see Maevi cooperating with two property-linked companies — Protasco Bhd and Tan & Tan Developments Bhd — as well as software and engineering company Diversified Gateway Solutions Bhd (DGSB). The MoU with Protasco is for the supply and installation service of Maevi smart [...]

Diversified Gateway Berhad Becomes NTT Communications’ First Partner in Malaysia for Managed Services TOKYO, Japan and Kuala Lumpur, Malaysia, February 26th, 2018 – NTT Communications (NTT Com), the ICT solutions and international communications business within the NTT Group (TYO: 9432), announced today that Diversified Gateway Berhad (DGB) has become the first partner in Malaysia to provide NTT Com’s Global Management One (GMOne) managed services. This partnership is a part of NTT Com’s expansion strategy for its managed services in the region, following Singapore and Hong Kong. Both companies will leverage complementary strengths to provide managed services based on automation to medium and large size enterprise customers in Malaysia. GMOne services are designed to meet the requirements of enterprise customers [...]