DS Sigma announces that its proposing to undertake the proposed transfer of the listing of and quotation for the entire issued share capital from the ACE Market to the Main Market of Bursa Securities.
The company said it meets the requirements to do so, in its latest audited report it recorded a RM8.16 million in consolidated profit after tax, and an aggregate audited combined/consolidated PAT attributable to owners of the company of RM49.49 million for the past 3 FYEs 2021 to 2023.
The adjusted combined/consolidated PAT attributable to owners of the Company (excluding profits or losses generated from non-recurring items or by activities or events outside the ordinary and usual course of business) are set out in the table below.
As at 30 June 2023, the current assets of the Group stood at RM95.59 million while its current liabilities stood at RM9.12 million, representing a current ratio of 10.48 times, which reflects its ability to meet short-term obligations. In addition, the Group has cash and bank balances of RM66.33 million and unutilised banking facilities (excluding lease liabilities) of up to
RM8.95 million as at 30 June 2023. The borrowings of the Group (including lease liabilities owing to financial institutions for the purchase of motor vehicles and machinery) as at 30 June 2023 was RM6.30 million with a gearing of 0.06 times.
DS Sigma said it is in a healthy financial position with no accumulated losses based on the latest audited consolidated statement of financial position as at 30 June 2023. The Group’s retained earnings as at 30 June 2023 was RM55.75 million.
It sees the exercise as a boost enhance the confidence of its customers, suppliers, business associates, employees and shareholders, through the profile as a company listed on the Main Market of Bursa Securities
