Thursday, 4 July 2013

Goldman fully subcribes for DVM rights issue

DVM Technology Bhd's managing director Datuk Goh Kian Seng says Goldman Sachs, the US-based international investment banking group, has fully subscribed for the company's rights issue. "It's a big boost for our morale that Goldman is directly banking on us," he said in a statement yesterday.Goldman surprisingly emerged as a substantial shareholder in DVM this year. It has a 7% stake in DVM, which is an IT solutions and service provider. (BT)

Source: CIMB Daybreak - 04 July 2013

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