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Kuala Lumpur
Kuala Lumpur
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dvm technology bhd (DVM) Details

Key Alliance Group Berhad, an investment holding company, operates in the information and communications technology industry primarily in Malaysia. The company provides a range of information communication technology and other information technology related services, including trading of hardware and software and related services; and communications systems integration and solutions, data network, and data communications solutions. It also offers business and operational support systems and services, and software development and business process outsourcing services; and distributes and provides information technology in relation to computer parts and accessories. In addition, the company provides financial solutions, such as business and operational tools, financial market products, and multi asset trading platform; and campus management system solutions, and i-procurement portal and supplier portal procurement solutions. Further, it offers integrated IT infrastructure solutions, including WAN and LAN switches with end point integrity; network management with comprehensive and real time monitoring; intelligent path management-server/WAN load balancer and bandwidth management; proactive filtering and enforcement; network security; wireless solutions; virtualization; and cloud and data centre infrastructure solutions. Additionally, the company provides trading and corporate solutions comprising consulting, coaching, and human resources manual and consulting solutions, as well as talent development management programs; and interior design services. It also engages in the property investment activities; trading of kitchen wares and related products; and trading and rental of office equipment. The company was formerly known as DVM Technology Berhad and changed its name to Key Alliance Group Berhad in November 2014. Key Alliance Group Berhad is headquartered in Petaling Jaya, Malaysia.

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dvm technology bhd (DVM) Key Developments

Key Alliance Group Berhad, Annual General Meeting, Jun 18, 2015

Key Alliance Group Berhad, Annual General Meeting, Jun 18, 2015., at 10:30 Singapore Standard Time. Location: Dewan Tan Sri Hamzah, Royal Selangor Club. Agenda: To receive the audited financial statements for the financial year ended December 31, 2014 together with the reports of directors and auditors thereon; to approve the payment of directors' fees for the financial year ended December 31, 2014; to re-elect Dato' Goh Kian Seng, the director who retires in accordance with Article 81 of the articles of association of the company; to consider and if thought fit, to reelect director accordance with section 129(6) of the Companies act, 1965; to approve the re-appointment of retiring auditors, Messrs Kreston John & Gan as auditors of the company and to authorise the directors to fix their remuneration; to consider and approve authority to directors to allot and issue shares pursuant to Section 132D of the Companies Act, 1965; to propose retention of independent director; and to transact any other business.

Key Alliance Group Berhad Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Key Alliance Group Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. Revenue was MYR 11.6 million against MYR 8.6 million last year. Operating loss was MYR 0.3 million against operating profit of MYR 0.2 million last year. Loss before taxation was MYR 0.8 million against profit before taxation of MYR 0.03 million last year. Loss attributable to equity holders of the company was MYR 0.9 million or 0.05 sen per basic share against profit attributable to equity holders of the company of MYR 0.03 million or 0.01 sen per basic share last year. Net cash used in operating activities was MYR 3.3 million against MYR 3.7 million last year. Purchase of property, plant and equipment was MYR 0.1 million against MYR 5.3 million last year.

Key Alliance Group Berhad Reports Consolidated and Standalone Earnings Results for the Full Year Ended December 31, 2014

Key Alliance Group Berhad reported consolidated and standalone earnings results for the full year ended December 31, 2014. For the period, the consolidated revenue of MYR 57,437,025, loss from operations of MYR 3,225,826, loss before taxation of MYR 3,450,127, net loss of MYR 3,952,439 or 0.80 sen per basic share against revenue of MYR 22,684,221, loss from operations of MYR 1,980,057, loss before taxation of MYR 2,450,310, net loss of MYR 2,498,050 or 0.51 sen per basic share a year ago. Net cash used in operating activities of MYR 3,675,487 compared to MYR 5,546,789 a year ago. Purchase of plant and equipment of MYR 5,281,108 compared to MYR 75,432 a year ago. For the period, the standalone loss from operations and loss before taxation of MYR 6,223,555, net loss of MYR 6,372,690 against loss from operations of MYR 11,906,956 and loss before taxation of MYR 12,031,637, net loss of MYR 11,995,746 a year ago. Net cash from operating activities of MYR 3,933,992 compared to net cash used in operating activities of MYR 1,043,928 a year ago. Purchase of plant and equipment of MYR 9,519.


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