KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

2.91

Today's Change

+0.06 (2.11%)

Day's Change

2.85 - 2.94

Trading Volume

1,718,700


18 people like this.

6,099 comment(s). Last comment by troy88 5 hours ago

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

To : All

From : SEE _Research
Issued at 1.30pm. , 16 March 2024 / Saturday

Re issued at 8.40 am., 17 March 2024 / Sunday


K G B WB

A. Latest update

on its uptrending mode in the current situation with its unique well positioned in its technical behaviour ___
From 5 March 2024 / Tuesday to another
17 trading days __ 5 April 2024 / Friday onwards
The projected price is near to
RM 1.36 level.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

HIGHLIGHTS

AS AT NOW ___
8.30AM. , 17 MARCH 2024 _____
FROM THE PRICE MOVEMENTS IN WHICH IT IS CREATING NEW HIGH ON

( i ) the mother share of RM 2.66
( ii ) WB

A. ON THE COMING DIVIDEND
Date announced on 28 February 2024 for
Dividend __ RM 0.025 to be ex date = 21 March 2024

B. IMPENDING NEW CONTRACT AWARD

SUBSTANTIAL CONTRACT AROUND
RM 150, 000 , 000.00

TO BE ANNOUNCED AFTER
22 MARCH 2024 __

IN MOVING UP ON THE SHARE PRICES OF MOTHER SHARE.

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

K G B WB

Please note :
A. First day of uptrend of breakout begins on
23 November 2023 / Thursday
From
Day Low : RM 0.41
Day High : RM 0.45
Closed RM 0.445 / + RM 0.035

Today 19 March 2024 / Tuesday
Day low RM 1.20
Day high RM 1.27
Closed RM 1.27 / + RM 0.08

23 November 2023 / Thursday
/ RM 0.445 to 19 March 2024

RM 1.27 minus RM 0.445 =
+ RM 0.825
That represent up 185 % __
is it incredible but
Ripley believe it or not __?

From 23 November 2023 to
19 March 2024 ____just need 78 trading days
is it incredible but
Ripley believe it or not __?

Posted by daretocutandchange > 1 month ago | Report Abuse

yah la,but i sold too early .only left 10% ,my average 40cts

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

To : All

From : SEE _Research

issued at
5.30 pm., 11 March 2024 / Monday

Expected WB

( i ) first target RM 1.35 to RM 1.40

( ii ) second target RM 1.55 to RM 1.60

Extract from AmBank Retail Research

* STOCK IDEA*

11 Mar 2024
AmBank Retail Research

*KELINGTON GROUP* (KGB | 0151)
Shariah Compliant: YES

Entry : RM2.40–2.47

Target :

( i ) RM2.80, / mother share
WB : RM 1.35 to RM 1.40


( ii ) RM3.00 / mother share
WB RM 1.55 to RM 1.60



Exit : RM2.23

*Company Background.*

Kelington Group (KGB) is a leading provider of ultra-high purity gas and chemical delivery solutions for high-technology industry.

It is also a one-stop facility solution provider offering turnkey engineering services from initial system design to maintenance and servicing upon completion.

The group operates within

4 core business segments:

(i) ultra-high purity (UHP),

(ii) process engineering,

(iii) general contracting, and

(iv) industrial gases.


KGB's industrial gas operation primarily provides on-site gas supply and manufactures liquid carbon dioxide (LCO2).

===============================================================================_=====

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

Expanding its footprint.

Management guided that
KGB will extend its reach to Hong Kong and Germany

A subsidiary has been set up in Hong Kong, .
while in Germany, a subsidiary is expected in the next few months. The foray into new markets will provide significant opportunities for the group, especially with the latter expected to capture potential jobs from the European region. GPM in these markets are expected to be as high as those in Malaysia and Singapore (c.15% for the engineering segment). Currently, the group has c.MYR
400 millions

and

MYR 70 millions worth of tenders in Hong Kong and Germany.


We view the expansion positively given KGB's strong track record with European fabs that have operations locally and in Singapore.

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

Expanding its footprint.

Management guided that
KGB will extend its reach to Hong Kong and Germany

A subsidiary has been set up in Hong Kong, .
while in Germany, a subsidiary is expected in the next few months. The foray into new markets will provide significant opportunities for the group, especially with the latter expected to capture potential jobs from the European region.

GPM in these markets are expected to be as high as those in Malaysia and Singapore (c.15% for the engineering segment).

Currently, the group has c.MYR
400 millions

and

MYR 70 millions worth of tenders in Hong Kong and Germany.


We view the expansion positively given KGB's strong track record with European fabs that have operations locally and in Singapore.

================================================================


What does GPM mean marketing?

Gross profit margin (GPM)

is the percentage of revenue that is actual profit before adjusting for operating costs, such as marketing, overhead, and salaries.

The two factors that determine gross profit margin are revenue and cost of goods sold (COGS)

Goldberg

2,662 posts

Posted by Goldberg > 1 month ago | Report Abuse

LC02 to Boost Growth.

KGB’s outstanding orderbook (as at end-Dec 2023) stood at MYR1.3bn, predominantly comprised of ultra-high purity (UHP) projects (74%), followed by general contracting (20%) and process engineering (6%) jobs. We are optimistic that the group can uphold its high margin as UHP projects gain prominence. KGB secured c.MYR200m new contracts as at Feb-2024, including a MYR143m contract from China's largest semiconductor foundry. Management remains committed to prioritising higher-margin projects, backed by a MYR1.9bn tenderbook and anticipated semiconductor sector recovery, supported by Semiconductor Industry Association's 13.1% growth forecast for 2024.

Management guided that KGB will extend its reach to Hong Kong and Germany. A subsidiary has been set up in Hong Kong, while in Germany, a subsidiary is expected in the next few months. The foray into new markets will provide significant opportunities for the group, especially with the latter expected to capture potential jobs from the European region. GPM in these markets are expected to be as high as those in Malaysia and Singapore (c.15% for the engineering segment). Currently, the group has c.MYR400m and MYR70m worth of tenders in Hong Kong and Germany. We view the expansion positively given KGB's strong track record with European fabs that have operations locally and in Singapore.

Fueling growth. The LCO2 segment has seen tremendous growth (4-year CAGR: 94.3%), underpinned by robust demand in Oceania markets. With an additional 70k tonne capacity from the second plant (to commence in mid- March), KGB will become the largest local LCO2 producer. Looking ahead, the group will explore new markets in Indonesia to expand its overseas presence, driven by growing demand (mainly from F&B clients). With double the margin of the industrial gases (IG) segment compared to the conventional business, expanding IG operations will further boost its margin.

Volz4321

56 posts

Posted by Volz4321 > 1 month ago | Report Abuse

flying high as expected

gohkimhock

2,952 posts

Posted by gohkimhock > 1 month ago | Report Abuse

it is like seeing the shadow of Penta during 2015 bull run until its fully valued in 2021..

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

Kgb is up 2100% from its lowest.We dun have nvidia in bursa,but we have kgb.

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

Kgb has given 3 bonus issues in the past.Given the much improved FA,it is likely they will declare another this year.

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

rocket launched after breakout....

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

operator in a hurry to push up...bonus coming?

Cakes Moon

6,809 posts

Posted by Cakes Moon > 1 month ago | Report Abuse

Faster buy!!!
RM3 today!!!

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

very good forummers here,despite stock surge they remained cool,this type of forum will surely huat to max as many are long term holders of a great stock...

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

unlike some planters investor,you all know who....wakaka

Ravi1969

253 posts

Posted by Ravi1969 > 1 month ago | Report Abuse

Kesian calvinteng and tall tales

Posted by ValueInvestor888 > 1 month ago | Report Abuse

KGB is top performing tech related stock this year...

OTB

11,089 posts

Posted by OTB > 1 month ago | Report Abuse

The analyst from Interpac broker gives a PAT of 135 M in FY 2024 and 150M in FY 2025.
It means a growth of 35% in 2024 and 50% in 2025 if compared against PAT in 2023.
This stock is one of the best growth stocks in 2024 beside YTLPower.

Should keep a bit longer term for KGB and YTLPower to win big.
It is not so easy to find a strong growth stock in KLSE.
In KLSE, you cannot find a very good fundamental stock and also a growth stock.

KGB is a bit related to semiconductor industries, based on the report from Kenanga, the semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively.
Thank you.

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

Thank you OTB.

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

free float is low,not many ppl are willing to part with this stock..

Thealanor

49 posts

Posted by Thealanor > 1 month ago | Report Abuse

many projects are coming

Posted by bryan1704 > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/705296

Kelington inks 30-year land lease agreement with Terengganu state govt

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

Kelington inks 30-year land lease agreement with Terengganu state govt
By Syafiqah Salim / theedgemalaysia.com
20 Mar 2024, 04:33 pm

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

Kelington inks 30-year land lease agreement with Terengganu state govt

By Syafiqah Salim /

theedgemalaysia.com

20 Mar 2024, 04:33 pm

TOPICS

Kelington enters into lease agreement with Terengganu State Government

PETALING JAYA:
Kelington Group Bhd, via its 90.71% owned subsidiary, Ace Gases Sdn Bhd, has entered into an agreement with Terengganu State Economic Development Corp to lease a parcel of land measuring 130,678.86 sq feet in Kerteh, Terengganu.

Under the agreement, the group will lease this parcel of land for an initial term of 30 years, with a further 30-year extension option (30+30), starting from Feb 1, 2024 to Jan 31, 2084.


Kelington chief executive officer Raymond Gan

said the parcel of land is conveniently located adjacent to the group's liquid carbon dioxide (LCO2) manufacturing plant and will facilitate streamlined operations in the future due to its close proximity.

“It is earmarked to support the group’s future expansion efforts within the LCO2 manufacturing segment.

The additional space will enable us to increase manufacturing capacity, enhance logistics infrastructure, and construct warehouses and other supporting buildings as required.


The LCO2 industry is experiencing significant growth, driven by global demand for its versatile applications, especially in the food and beverage sector for carbonated drinks and food freezing using dry ice.”

Since the commencement of Kelington's first LCO2 plant, Gan said revenue from export markets have risen consistently, fuelled by strong demand for LCO2 globally.

“With the first LCO2 plant achieving full capacity utilisation of 50,000 tonnes per year,

the group’s second LCO2 plant with an even larger capacity of 70,000 tonnes per year, brings the combined capacity to 120,000 tons per year.”

OTB

11,089 posts

Posted by OTB > 1 month ago | Report Abuse

Dear Bohliau10,
Please summarise your posting.
Old news please delete them.
Very difficult to read, do not know which is the new news and which one is the old one.
The posting by others can be read easily.
Please help.
Thank you.

Ravi Kumar

3,499 posts

Posted by Ravi Kumar > 1 month ago | Report Abuse

Malu apa Boss Calvin Teng???? Laughing all the way to the bank with 6 digit popit

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

To : All

From : SEE _Research
Issued at 1.30pm. , 16 March 2024 / Saturday

Reissued on 10.00am., 20 March 2024 / Wednesday


K G B WB

A. Latest update

on its uptrending mode in the current situation with its unique well positioned in its technical behaviour ___
From 5 March 2024 / Tuesday to another
17 trading days __ 5 April 2024 / Friday onwards
The projected price is near to
RM 1.36 level.

And from latest update ; there is the new technical breakout that is created on today _
5.00 pm., 20 March 2024
( i ) Mother share
of _______ RM 2. 75 / + RM 0.13

( ii ) WB = RM 1.32 / + RM 0.05

From 20 March 2024 to 29 March 2024 __ the new leg with its good technical chart and analysis __ good behaviour will result in upwards of
( i ) mother share of RM 2.91
( ii ) WB of RM 1.46 to RM 1.49

Let wait and enjoy the good positive ride.


For next upwards leg from

================================================================

K G B WB

Latest update as at
12.30 pm., 20 March 2024

A. On its uptrending mode in the current situation with its unique well positioned in its technical behaviour ___
From 5 March 2024 / Tuesday to another
17 trading days __ 5 April 2024 / Friday onwards
The projected price is near to
RM 1.36 level.

B. Am SEE_Research is right ?

C. Am SEE_Research is wrong ?

D. As at now / 12.30 pm.,
20 March 2024 __ closed 12.30 pm.
RM ___ 1. 33 / + RM 0.06

that is before
5 April 2024 to reach RM 1.36 ?

E. Is this super bull run for KGB WB =
UNDER PERFORMANCE ?

OR

OVER PERFORMANCE?

YOU DECIDE __?

Posted by waorangsiam > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/705296
“It is earmarked to support the group’s future expansion efforts within the LCO2 manufacturing segment. The additional space will enable us to increase manufacturing capacity, enhance logistics infrastructure, and construct warehouses and other supporting buildings as required,” said Gan in a statement.

GROW AHEAD, POWER AND STRONGLY, DONT STOP. 2024 THEN 2025!

Posted by waorangsiam > 1 month ago | Report Abuse

I SEE U LIKE PENTA. MAKE IT HAPPEN!

Posted by waorangsiam > 1 month ago | Report Abuse

SERIOUS IN DOING BUSINESS. RESPECT

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

To : All

From : SEE _Research

Reissued on 4.15 am., 21 March 2024 / Thursday


K G B WB

A. Latest update

on its uptrending mode in the current situation with its unique well positioned in its technical behaviour ___

And from latest update ; there is the new technical breakout that is created on today _
5.00 pm., 20 March 2024
( i ) Mother share
of _______ RM 2. 75 / + RM 0.13

( ii ) WB = RM 1.32 / + RM 0.05


This technical breakout will offer upside opportunities for
20 March 2024 to 29 March 2024 __

the new leg with its good technical chart and analysis __ good behaviour will result in upwards mode of

( i ) mother share of RM 2.91
( ii ) WB of RM 1.46 to RM 1.49

Let wait and enjoy the good positive ride with great strength like Sha ' Carri Richardson

==============================================================

https://youtu.be/C7UvUpDEOa0?si=0I9l8gLrL4cCaMTU

==============================================================

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

YTLP 2 in the making.

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

Products in high demand across all sectors incl semicon.Aggressive expansion plans.

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

super trending mode now

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

rm3 by fri close

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

Both mpi n unisem is surging,global semicon sector recovery full steam charging.

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

In our recent makan at 8.30 pm.,
!18 March 2024
with
Mr Dominic Ong / FIFO

and his
* big * team of 3 remisiers from Penang plus

1 big time lawyer

1 big time Dr ____ specialist in share tradings

in
Kimiya Japanese Restaurant ,
TRX Shopping Mall ,
Kuala Lumpur

____ 8.30 pm., 18 March 2024 / Monday

KGB / mother share versus
KGB WB
( i ) 18 Mar 2024 / Monday
closed RM 2.58 / -- RM 0.05

( ii ) 19 Mar / Tuesday
closed RM 2.62 / + RM 0.04

( iii ) 20 Mar / Wednesday
closed RM 2.75 / + RM 0.13

( iv ) 21 Mar / Thursday
closed RM 2.76 / + RM 0.04

as ex dividend of RM 0.025 __
based on RM 2.72

Already up for a short period of 4 trading days = RM 0.18

That represent up 7 %
================================================================

WB

( i ) 18 Mar 2024 / Monday
closed RM 1.19 / -- RM 0.02

( ii ) 19 Mar / Tuesday
closed RM 1.27 / + RM 0.08

( iii ) 20 Mar / Wednesday
closed RM 1.32 / + RM 0.05

( iv ) 21 Mar / Thursday
closed RM 1.37 + RM 0.05


B. WB share
Already up for a short period of 4 trading days = RM 0.18
That represent up 15 %

================================================================

Analysis on uptrending stock in KLSE

A. K G B / mother share
Already up for a short period of 4 trading days = RM 0.18

That represent up 7 %



B. WB share
Already up for a short period of 4 trading days = RM 0.18

That represent 15 %

Highlight of importance

When there is normal warrant
__ it is of paramount importance to buy the normal warrant __ that can be subscribed instead of the mother share respectively.

klee

2,985 posts

Posted by klee > 1 month ago | Report Abuse

Phlx semicon index up 3.4%

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

RHB-OSK. TP: RM3.03

Affin Hwang TP: RM3.25

Kenanga TP.: RM3.40

K G B / 0151

the key clients are

(i) S M I C Semiconductor Manufacturing International Corporation

(SMIC) is a partially state-owned publicly listed Chinese pure-play semiconductor foundry company.

It is the largest contract chip maker in mainland China.

SMIC is headquartered in Shanghai[4] and incorporated in the Cayman Islands.[5] It has wafer fabrication sites throughout mainland China, offices in the United States, Italy, Japan, and Taiwan, and a representative office in Hong Kong.[6] It provides integrated circuit (IC) manufacturing services from 350 nm to 7 nm[7] process technologies.

State-owned civilian and military telecommunications equipment provider Datang Telecom Group as well as the China Integrated Circuit Industry Investment Fund are major shareholders of SMIC.[8][9][10][11] Notable customers include Huawei, Qualcomm,[12][13] Broadcom,[14] and Texas Instruments.[15][12] SMIC expanded in the early 2020s by building four 28 nm process fabs across China as a result of a joint venture with China's state semiconductor fund; the fabs were expected to come online in 2023 and 2024.[16]

(ii) Taiwan Semiconductor Manufacturing Company Limited (TSMC;

also called Taiwan Semiconductor)

[3][4] is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's second most valuable semiconductor company,[5] the world's largest dedicated independent ("pure-play") semiconductor foundry,[6] and its country's largest company,[7][8] with headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan.

It is majority owned by foreign investors,[9] and the central government of Taiwan is the largest shareholder.[10]

Founded in Taiwan in 1987 by Morris Chang, TSMC was the world's first dedicated semiconductor foundry and has long been the leading company in its field.[11][12] When Chang retired in 2018, after 31 years of TSMC leadership, Mark Liu became chairman and C. C. Wei became Chief Executive.

[13][14] It has been listed on the Taiwan Stock Exchange (TWSE: 2330) since 1993; in 1997 it became the first Taiwanese company to be listed on the New York Stock Exchange (NYSE: TSM)

( iv) MICRON,
Singapore Micron Semiconductor Asia Pte Ltd

Micron Semiconductor Asia Pte. Ltd. manufactures memory and semiconductor equipment. The Company offers solid state storage, hybrid memory cube, phase change memory, flash, and other managed devices. Micron Semiconductor Asia serves computing, networking, server, mobile, consumer, automotive, and industrial applications worldwide. And a long list of other multi international companies such as MICRON, Singapore Micron Semiconductor Asia Pte Ltd

Micron Semiconductor Asia Pte. Ltd. manufactures memory and semiconductor equipment. The Company offers solid state storage, hybrid memory cube, phase change memory, flash, and other managed devices. Micron Semiconductor Asia serves computing, networking, server, mobile, consumer, automotive, and industrial applications worldwide.

international companies such as MICRON, Singapore Micron Semiconductor Asia Pte Ltd

Micron Semiconductor Asia Pte. Ltd. manufactures memory and semiconductor equipment.
The Company offers solid state storage, hybrid memory cube, phase change memory, flash, and other managed devices.
Micron Semiconductor Asia serves computing, networking, server, mobile, consumer, automotive, and industrial applications worldwide.

troy88

2,600 posts

Posted by troy88 > 1 month ago | Report Abuse

One of the most consistent tech related companies in terms of growth. One word = Solid!

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

K G B /
Kelington Group Berhad

This company presents a step forward in making investment opportunities more inclusive and reflects a broader trend towards financial literacy and empowerment among Malaysians.

For those looking to invest, it offers a unique blend of stability, growth potential, and investment engagement, making it an attractive proposition for anyone looking to diversify their investment portfolio with a touch of homegrown success of supplier of various types of industrial gasses for the usage of semi conductor industry .

The semi conductor industry in the world has begun to recover from the 2023 slow down to more progressive ,
positive growth mode.

K G B is serious in their growth plan by penetrating positively in new markets___
by setting up physical offices in
Hong Kong and Germany

that are more lucrative markets
of Hong Kong,
Germany and across to Indonesia.

Keep on extending new boundaries of your market share
in the respective gas businesses .

A home - grown business in KLSE ___
that can progressively be in the international scene .

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

To : All

From : SEE _Research

issued at
( a ) 5.30 pm., 11 March 2024 / Monday

( b ) reissued on 11.59 am., 23 March 2024 / Saturday

Expected WB

( i ) first target RM 1.35 to RM 1.40
Reached on 21/ 3 / 2024 / Thursday

( ii ) second target RM 1.55 to RM 1.60

Extract from AmBank Retail Research

* STOCK IDEA*

11 Mar 2024
AmBank Retail Research

*KELINGTON GROUP* (KGB | 0151)
Shariah Compliant: YES

Entry : RM2.40–2.47

Target :

( i ) RM2.80, / mother share
WB : RM 1.35 to RM 1.40


( ii ) RM3.00 / mother share
WB RM 1.55 to RM 1.60



Exit : RM2.23

*Company Background.*

Kelington Group (KGB) is a leading provider of ultra-high purity gas and chemical delivery solutions for high-technology industry.

It is also a one-stop facility solution provider offering turnkey engineering services from initial system design to maintenance and servicing upon completion.

The group operates within

4 core business segments:

(i) ultra-high purity (UHP),

(ii) process engineering,

(iii) general contracting, and

(iv) industrial gases.


KGB's industrial gas operation primarily provides on-site gas supply and manufactures liquid carbon dioxide (LCO2).

========================================================================================

dawchok

460 posts

Posted by dawchok > 1 month ago | Report Abuse

KamSiah 'Bohliao' for continuously disseminating relevant and positive info about KGB.

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

Company Name

KELINGTON GROUP BERHAD

Stock Name KGB

Date Announced 27 Apr 2023

Category
General Announcement for PLC
Reference Number GA1-27042023-00034
OTHERS KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLIONType Announcement

Subject OTHERS

Description

KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLION

The Board of Directors of the Company is pleased to announce that Kelington Engineering (Singapore) Pte. Ltd.,

a wholly-owned subsidiary of Kelington had on 26 April 2023,

received award of Ultra High Purity ("UHP") contracts to design and build the chemical delivery system as well as to design and install of process utility main line and hookups in Singapore (“Contracts”).

The Contracts were awarded by a global leader in high-tech filtration, separation and purification.


================================================================

This is Kelington’s first contract to supply a fully customised chemical delivery system to customer.


This is Kelington’s first contract to supply a fully customised chemical delivery system to customer.

================================================================


In addition, the UHP equipment for this project will be fabricated and supplied by the Group’s wholly-owned indirect subsidiary, KE System Integration (Chuzhou) Co., Ltd in China.

This demonstrates that the Company’s in-house fabricated equipment is recognised and certified for use in an advanced production facility.

The Contracts value are worth approximately RM102 million, commencing in April 2023 and are expected to be completed by March 2024.

The Contracts are expected to contribute positively to the earnings and net assets of Kelington for the financial years ending 31 December 2023 and 31 December 2024 respectively. None of the Directors and/or major shareholders of the Company and/or persons connected to them has any direct/indirect interest in the said Contracts.
Other than the normal operational risk associated with the Contracts, the Company does not anticipate any exceptional risk.

This announcement is dated
27 April 2023.

bohliau10

30 posts

Posted by bohliau10 > 1 month ago | Report Abuse

Company Name

KELINGTON GROUP BERHAD
Stock Name KGB
Date Announced 27 Apr 2023

Category General Announcement for PLC
Reference Number
GA1-27042023-00034
OTHERS KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLIONType Announcement

Subject OTHERS

Description

KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLION

This announcement is dated
27 April 2023.


==============================================================

BREAKING NEWS

BREAKING NEWS

BREAKING NEWS

To : All

From : SEE _Research
Issued on 8.00am., 25 March 2024 / Monday

1. The above is the recent
KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLION

This announcement is dated
27 April 2023


2. From the prices of upwards movements ___ the important catalyst after the ex dividend of RM 0.025 per share is ex on 21 March 2024 __

Other important catalysts are very likely to be announced ___
very soon
( a ) new contract win/s and award/ s of substantial sum __ for near future announcements.

( b ) new announcements of bonus issue __ with free warrant __ WC !

THESE IMPORTANT CATALYST/ S WILL CREATE THE GREAT POWER OF
* FAST & FURIOUS * MODE LIKE

Breakout Star
Sha ' Carri Richardson of 10.65 seconds for 100 metres at Budapest 2023

==============================================================

https://www.youtube.com/watch?v=C7UvUpDEOa0https://www.youtube.com/watch?v=C7UvUpDEOa0

==============================================================

Breakout out star of KLSE
for 2024 , 2025 , 2026

K G B / 0151

AND THE MOTHER SHARE WILL CROSS THE PSYCHOLOGICAL LEVEL
OF RM 3.00 ___

WITH WONDERFUL BUT POSITIVE SURPRISES ! ?

gohkimhock

2,952 posts

Posted by gohkimhock > 1 month ago | Report Abuse

good and financially strong companies like KGB do not require everyday promotion. They just let results speak for themselves. bohliau10, stop your spamming.

SALAM

1,025 posts

Posted by SALAM > 1 month ago | Report Abuse

A CONFUSED MIND TRYING TO CONFUSE OTHERS 🙈🙈🙈

Volz4321

56 posts

Posted by Volz4321 > 1 month ago | Report Abuse

JUST HOLD :)

Posted by waorangsiam > 1 month ago | Report Abuse

yea, can u stop spamming? thanks ya

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