Corporate Milestone
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Year Date Milestone
2001 Oct 04 DeGem's listing on the second board of KLSE
  Dec 03 DeGem acquired 80% shareholding in Titanpuri Sdn Bhd
2003 Mar 13 DeGem completed bonus issue of 21.0 million new ordinary shares of RM1.00 each on the basis of 1 for 2
  Jun 11 Transfer of DeGem's listing from the second board to the main board of KLSE
  Nov 03 DeGem set up Diamond & Platinum (B) Sdn Bhd, 80% owned by DeGem to penetrate the market in Brunei Darussalam
  Nov 12 Diamond & Platinum Sdn. Bhd. ("D&P"), 60% owned by DeGem, subscribed 99.99% shareholding in Venus Diamond Sdn Bhd to enable another outlet to be operated under the D&P chain
  Dec 05 DeGem re-organised Diamond & Platinum (B) Sdn Bhd to be operated under Diamond & Platinum Sdn Bhd
2004 May 07 Diamond & Platinum Sdn. Bhd., 60% owned by DeGem, acquired remaining shareholding of D&P2 Jewellery Sdn. Bhd. (formerly known as Venus Diamond Sdn. Bhd.)
  Aug 09 DeGem completed subdivision of ordinary shares of RM1.00 each in DeGem into ordinary shares of RM0.50 each ("Share Split")
2005 Mar 01 DeGem acquired remaining 40% equity interest of Diamond & Platinum Sdn Bhd
2006 May 02 P.Y.T Jewel & Time Sdn. Bhd., a wholly-owned subsidiary of DeGem and its subsidiaries, disposed showrooms located at Petaling Jaya SS2, Selangor and Subang Jaya, together with certain inventories and fixed assets
  Aug 01 DeGem acquired 100% equity interest of Rancak Riang Sdn. Bhd.
  Sep 04 Rancak Riang Sdn Bhd, wholly-owned subsidiary of DeGem, acquired 100% equity interest of Grandmax Corporation Limited ("GCL"), Hong Kong. The primary business of GCL shall be to create and design new range of jewellery especially for the overseas market. GCL shall develop new markets for the Degem Group through the establishment of distribution network targeting consumers in the Middle East, United States and Europe.
  Sep 04 Rancak Riang Sdn Bhd, wholly-owned subsidiary of DeGem, acquired 100% equity interest in Fareway International Limited ("FIL"), Hong Kong. FIL is involved in the manufacturing of jewellery. FIL shall complement and enhance the efficiency of Degem's current manufacturing operation in Malaysia through lower cost of production. FIL shall produce the low to mid price jewellery range and for Grandmax Corporation Limited.
  Sep 04 Inticraft Sdn. Bhd., wholly-owned subsidiary of DeGem, acquired 70.0% equity interest of Solireno Sdn. Bhd. which is involved in the manufacturing and trading in gold jewellery.
  Oct 02 DeGem's wholly-owned subsidiaries, Jewelmart International Sdn. Bhd. (formerly known as Rancak Riang Sdn. Bhd.) and Degem Masterpiece Sdn. Bhd. acquired 60% equity interest In Degem Masterpiece Pte. Ltd. as part of the Group's expansion plan to venture into the Singapore market.
2007 Oct 22

Jewelmart International Sdn. Bhd. (formerly known as Rancak Riang Sdn. Bhd.)("Jewelmart"), wholly-owned subsidiary of DeGem invested HK$6.39 million in Grandmax Corporation Limited ("GCL") by subscribing additional shares in GCL. The funds would enable GCL to have funds to develop new markets for the Degem Group through the establishment of distribution network targeting consumers in the middle East, United States and Europe.

  Nov 12 Jewelmart International Sdn. Bhd. (formerly known as Rancak Riang Sdn. Bhd.)("Jewelmart"), wholly-owned subsidiary of Degem acquired 60% equity interest in Meca Jewellery Limited ("MECA") as part of the Group's expansion programme to penetrate in the European jewellery retail business.
2008 Feb 29 Diamond & Platinum Sdn. Bhd. ("D&P"), wholly-owned subsidiary of DeGem, set up Diamond & Platinum Pte. Ltd. ("DPPL"), in Singapore to expand its products to wider range of customers
2009 Jan 10 Jewelmart International Sdn. Bhd., wholly-owned subsidiary of DeGem, set up Jewel2Cash Pte. Ltd, in Singapore to venture into pawnbroking business in Singapore