The Board of Directors of Formis Resources Berhad (Formis) is pleased to announce that the Foreign Investment Committee has approved Formis' proposed acquisition of an additional 10% equity interest in Diversified Gateway Berhad (DGB).

The proposed acquisition was completed on 14 October 2008 and as such Formis now holds 90% equity interest in DGB.

DGB was incorporated in 1994 and its business focus essentially is in tele/data communications. It is DGB's goal to be the premier provider of a full range of tele/data communications solutions in LAN, WAN, Transmission, Switching and Operation Support Systems.