PETALING JAYA: Dagang NeXchange Bhd's (DNeX) bunch overseeing executive Zainal Abidin Jalil has purchased 123.8 million DNeX offers at 25 sen each and 136.47 million warrants at 1 sen each from Censof Holdings Bhd.
The buy was done by means of Arcadia Acres Sdn Bhd which is a venture holding vehicle that is 78% possessed by Zainal and 22% claimed by Wan Azryn Wan Ab Rashid who is the CEO of an auxiliary of DNeX called DNeX Oilfield Services Sdn Bhd.
As indicated by Zainal, the move reflected certainty of key administration colleagues in DNeX, an organization that offers programming answers for the greater part of the nation's load and exchange business.
"We trust this is the right stride forward in adjusting the enthusiasm of the key administration colleagues with the Group's long haul arranges," he said in an announcement.
DNeX is likewise finishing a key change into a two center business to be specific Energy, and IT and e-administrations which will include a benefit light and know how-escalated business approach, Zainal said.
"Since the raising support activity and vitality acquisitions have been finished, the gathering is taken to a radical new level.
"From an individual point of view, I am amped up for this fresh start and to work close by our new shareholders to supplement every others' abilities in changing DNeX into a quickly developing organization that conveys long haul shareholder esteem," he included.
Post-procurement, Arcadia Acres' stake in DNeX will increment to 11.5%from 4.2% prior.
In a declaration yesterday, DNeX said its significant shareholder, Censof had pared down its stake in the organization while market information demonstrated that a comparable measure of 123.8 million shares or nearly 7% of the aggregate issued and paid-up capital DNeX and 136.47 million warrants had changed hands in an off-business sector exchange.
No purchaser of the shares was said then.
DNeX offers shut 2% down to 23.5 sen at yesterday's completion.
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