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Johan Holdings gains RM210.85m from Diners Club sale | Money

Johan Holdings gains RM210.85m from Diners Club sale | Money
malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.

Kuala Lumpur , Dynacare Sdn Bhd , Kay Hock , Johan Investment Pte Ltd , Ezy Net Pte Ltd , Johan Holdings Bhd , Dinerspay Pte Ltd , Diners Club Singapore Pte Ltd , Johan Holdings , Diners Club , Pte Ltd , Dynacare Sdn , Tan Sri Kay Hock , குவாலா லம்பூர் , காய் ஹாக் , ஏஜி நிகர ட் லிமிடெட் , ஜோஹன் ஹோல்டிங்ஸ் ப்ட் , உணவகங்கள் சங்கம் சிங்கப்பூர் ட் லிமிடெட் , ஜோஹன் ஹோல்டிங்ஸ் , உணவகங்கள் சங்கம் , ட் லிமிடெட் , பழுப்பு ஸ்ரீ காய் ஹாக் ,

Johan to sell Diners Club for RM314mil

In its filing with the stock exchange, the company announced that its wholly owned subsidiary Johan Investment Private Ltd had entered into a conditional share purchase agreement with Ezy Net Pte Ltd, Candypay Holdings Pte Ltd and Genesis Business Holdings Pte Ltd for the disposal of 4.64 million ordinary shares in DCS, representing the entire equity interest in the company.
has proposed to divest its entire stake in loss-making Diners Club (Singapore) Private Ltd (DCS) for a disposal consideration of S$103.59mil (RM313.98mil).
Johan said it was expected to realise a gain of S$62.12mil from the proposed disposal of its entire interest in the company that provides charge card and credit card services. ....

Malaysia General , Genesis Business Holdings Pte Ltd , Ezy Net Pte Ltd , Johan Holdings Bhd , Johan Investment Private Ltd , Diners Club Singapore Private Ltd , Candypay Holdings Pte Ltd , Johan Holdings , Diners Club , Private Ltd , Corporate News , மலேசியா ஜநரல் , ஜநெஸிஸ் வணிக ஹோல்டிங்ஸ் ட் லிமிடெட் , ஏஜி நிகர ட் லிமிடெட் , ஜோஹன் ஹோல்டிங்ஸ் ப்ட் , ஜோஹன் முதலீடு ப்ரைவேட் லிமிடெட் , உணவகங்கள் சங்கம் சிங்கப்பூர் ப்ரைவேட் லிமிடெட் , ஜோஹன் ஹோல்டிங்ஸ் , உணவகங்கள் சங்கம் , ப்ரைவேட் லிமிடெட் , பெருநிறுவன செய்தி ,

Supermax, Yinson, MTD ACPI, TM, KTG, Komarkcorp, WCT, Johan, Wegmans, Lambo, Cymao

KUALA LUMPUR (Dec 24): Based on corporate announcements and news flow today, companies that may be in focus next Monday (Dec 28) include Supermax Corp Bhd, Yinson Holdings Bhd, MTD ACPI Engineering Bhd, Telekom Malaysia Bhd, KTG Bhd, Komarkcorp Bhd, WCT Holdings Bhd, Johan Holdings Bhd, Wegmans Holdings Bhd, Lambo Group Bhd, and Cymao Holdings Bhd.
Supermax Corp Bhd has issued a scam alert, saying certain unauthorised parties are taking advantage of the global shortage of gloves and Supermax s prominence and good standing to attempt and commit fraud.
It said there are parties who claim to be involved in sales and marketing of nitrile and latex gloves as well as other personal protective equipment produced by Supermax and its subsidiaries Supermax Glove Manufacturing Sdn Bhd, Maxter Glove Manufacturing Sdn Bhd, Maxwell Glove Manufacturing Bhd and SuperVision Optimax Sdn Bhd. ....

Kuala Lumpur , Sdn Bhd , Optimax Sdn Bhd , David Brunt , Subang Jaya , George Kent Sdn Bhd , Komarkcorp Bhd , Cymao Holdings Bhd , Dinerspay Pte Ltd , Ministry Of Health , Howellcare Industries Sdn Bhd , Yinson Holdings Bhd , Yinson Renewabless Pte Ltd , Wegmans Holdings Bhd , Ezy Net Pte Ltd , Lambo Group Bhd , Rising Sun Energy Pvt Ltd , Johan Holdings Bhd , Wison Screw Industries Sdn Bhd , Supermax Corp Bhd , Diners Club Singapore Pte Ltd , Holdings Bhd , Telekom Malaysia Bhd , Cymao Holdings , Corp Bhd , Supermax Glove Manufacturing Sdn Bhd ,

Johan to dispose of loss-making Diners Club business in Singapore, may venture into glove manufacturing

KUALA LUMPUR (Dec 24): Johan Holdings Bhd is disposing of its loss-making credit card business in Singapore for S$103.59 million (RM313.98 million).
The group said it is selling its 100% stakes in Diners Club (Singapore) Pte Ltd (DCS) and DCS s subsidiary DinersPay Pte Ltd (DPPL) to Ezy Net Pte Ltd, a secure end-to-end electronic payment solutions provider in the Singapore market.
The board considers the proposed disposal as timely given the current economic condition that poses challenges to the disposal subsidiaries business, Johan said in a filing with Bursa Malaysia, adding that it is mulling venturing into the glove making business.
DCS provides charge card and credit card services under the Diners Club cards franchise, while DPPL is principally involved in payment processing, payment gateway and merchant acquiring services. ....

Kuala Lumpur , Ezy Net Pte Ltd , Johan Holdings Bhd , Dinerspay Pte Ltd , Diners Club , Diners Club Singapore Pte Ltd , Pte Ltd , Bursa Malaysia , குவாலா லம்பூர் , ஏஜி நிகர ட் லிமிடெட் , ஜோஹன் ஹோல்டிங்ஸ் ப்ட் , உணவகங்கள் சங்கம் , உணவகங்கள் சங்கம் சிங்கப்பூர் ட் லிமிடெட் , ட் லிமிடெட் ,