Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Malaysia
  4. BURSA MALAYSIA
  5. GETS Global
  6. News
  7. Summary
    ONEGLOVE   MYL5079OO008

GETS GLOBAL

(ONEGLOVE)
End-of-day quote BURSA MALAYSIA  -  2022-09-29
0.5950 MYR   -0.83%
08/25One Glove Group Berhad Announces Change in Financial Year End
CI
08/25One Glove Group Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2022
CI
08/01GETS Global Berhad completed the acquisition of One Glove Venture Sdn Bhd from Low BT and Low Khai Loon.
CI
SummaryQuotesChartsNewsCalendarCompanyFinancialsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

GETS Global Berhad Cancelled the acquisition of 25% stake in Stylish Technology Sdn Bhd from BT Capital Sdn Bhd.

03/29/2022 EDT

GETS Global Berhad (KLSE:GETS) entered into a heads of agreement to acquire 25% stake in Stylish Technology Sdn Bhd from BT Capital Sdn Bhd for MYR 112 million on April 12, 2021. The purchase consideration to be determined later which will be satisfied via a combination of cash and/ or issuance of shares and/ or other securities of GETS at an issue price of RM1.90 per share. The transaction is subject to the approval of the Board and shareholders of GETS, issuance of the Consideration Securities, consummation of due diligence and the results thereof being satisfactory to GETS, GETS continuing to be listed on the Main Market of Bursa Securities. On July 9, 2021, the parties mutually agreed to extend the 3-months exclusivity period in the HOA ending July 11, 2021, for a further period ending October 12, 2021.
On 30 August 2021, on behalf of the Board, UOBKH announced that the Company proposed to undertake the following i. an acquisition of 1,250,000 ordinary shares in One Glove Venture Sdn Bhd (formerly known as Great Stylish Venture Sdn Bhd), representing 25% equity interest in OGVSB, from BT Capital for a purchase consideration of RM100,000,000 to be satisfied via the issuance of 52,631,579 Consideration ICPS at an issue price of RM1.90 per Consideration ICPS ("Previous Proposed Acquisition"). The Company had entered into a conditional share sale agreement dated 30 August 2021 ("Previous SSA") with the Vendor in relation to the Previous Proposed Acquisition.
UOB Kay Hian Securities (M) Sdn Bhd acted as financial advisor to GETS Global Berhad.

GETS Global Berhad (KLSE:GETS) Cancelled the acquisition of 25% stake in Stylish Technology Sdn Bhd from BT Capital Sdn Bhd on March 29, 2022.


© S&P Capital IQ 2022
All news about GETS GLOBAL
08/25One Glove Group Berhad Announces Change in Financial Year End
CI
08/25One Glove Group Berhad Reports Earnings Results for the Third Quarter and Nine Months E..
CI
08/01GETS Global Berhad completed the acquisition of One Glove Venture Sdn Bhd from Low BT a..
CI
07/28GETS Global Berhad has Changed its Name to ONE GLOVE GROUP BERHAD
CI
05/25One Glove Group Berhad Reports Earnings Results for the Second Quarter and Six Months E..
CI
03/29GETS Global Berhad Cancelled the acquisition of 25% stake in Stylish Technology Sdn Bhd..
CI
03/29GETS Global Berhad agreed to acquire One Glove Venture Sdn Bhd from Low BT and Low Khai..
CI
02/23GETS Global Berhad Reports Earnings Results for the First Quarter Ended December 31, 20..
CI
2021GETS Global Berhad Appoints Loke Peng Sin, Principal Officer
CI
2021GETS Global Berhad Reports Earnings Results for the Fourth Quarter Ended September 30, ..
CI
More news
Financials
Sales 2021 22,3 M 4,79 M 4,79 M
Net income 2021 -12,2 M -2,63 M -2,63 M
Net Debt 2021 50,4 M 10,9 M 10,9 M
P/E ratio 2021 -29,7x
Yield 2021 -
Capitalization 169 M 36,4 M 36,4 M
EV / Sales 2020 6,12x
EV / Sales 2021 22,4x
Nbr of Employees -
Free-Float 12,3%
Chart GETS GLOBAL
Duration : Period :
GETS Global Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GETS GLOBAL
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Managers and Directors
Bok Tek Low Group Managing Director & Executive Director
Peng Sin Loke Chief Financial Officer
Che Azizuddin bin Che Ismail Managing Director & Executive Director
Asmuni Sudin Independent Non-Executive Director
Chong Eng Lim Independent Non-Executive Director