Posted by ACE9696 > 2019-07-22 16:59 | Report Abuse

come on RM8, pls show us ur Diamond year

Posted by zizshen > 2019-07-29 22:25 | Report Abuse

Some insiders keep buying @ super low price,they know the real value !! And some smart kaki also know this stock worth @ high value n reluctant to sell !!!

Posted by TheContrarian > 2019-10-08 23:10 | Report Abuse

6 sen dividend.

Posted by princehero > 2019-10-09 12:58 | Report Abuse

Not bad... if 60 cent then would be great ..

Posted by AllanTingAS > 2019-10-13 08:59 | Report Abuse

If you see the today commodities price, then probably you will wait a moment. Further more, their shares are thinning traded all the time, Good luck.

Posted by techlee229 > 2019-11-08 18:02 | Report Abuse

luang Rubber Co (Malaya) Bhd has proposed a special dividend of five sen per share for the financial year ended June 30, 2019 (FY19), on top of a first and final dividend of one sen.

The company said the dividends are subject to shareholders' approval at the forthcoming annual general meeting.

They will be payable on Jan 6, 2020, to shareholders whose names appear on the record of depositors at the close of business on Dec 12, 2019.

Posted by LouiseS > 2019-12-23 12:18 | Report Abuse

KLUANG RUBBER's earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from -22.9 sen to 10.87sen. Its earnings mostly has been affected by high operating costs in the latest financial year. Dividend payout in the 2019 financial year totalled 6 sen per share, which corresponds to a dividend yield of 1.77%.

https://louisesinvesting.blogspot.com/2019/12/comments-on-kluang-rubber-co-malaya.html

Posted by princehero > 2020-02-26 18:26 | Report Abuse

Not bad .. now got dividend ... 6 cent somemore .,, unexpected

Posted by chinleong123 > 2020-03-22 12:28 | Report Abuse

payment date for 6 cent dividend ?

Posted by Diamond7 > 2020-06-04 19:14 | Report Abuse

Why surge up?

Posted by Lawr4165 > 2020-06-05 20:00 | Report Abuse

Share buyback

Posted by ctooi51 > 2020-08-28 16:30 | Report Abuse

Lousy bad management... company..

Posted by OldWiseMan100 > 2020-09-23 09:54 |

Post removed.Why?

Posted by warwick_ > 2020-12-31 07:43 | Report Abuse

Motion for recurring related party transaction with Nyalas voted down at AGM. So, no directors fees for the controlling shareholder this year?

Posted by dompeilee > 2021-09-08 09:54 | Report Abuse

Still holding on to my Kluang bought since 2013 & reduced in 2018 but re-purchased again =)

Posted by Jimmy Lim > 2021-09-08 11:20 | Report Abuse

pandai pandai lah, sell high buy low again,

Posted by Diamond7 > 2021-09-08 21:07 | Report Abuse

Undervalue gem!
Any bonus or special dividend?

Posted by dompeilee > 2021-09-09 07:30 | Report Abuse

Only insiders will know...

Posted by thesteward > 2021-09-09 11:40 | Report Abuse

Gogo kluang hope breaj 5 soon . Looks like possible

Posted by dompeilee > 2021-09-09 12:27 | Report Abuse

Last went up to $5 in 2018.

Posted by Jimmy Lim > 2021-09-10 10:04 | Report Abuse

pandai pandai… buy low sell high kekw

Posted by Diamond7 > 2021-09-14 20:26 | Report Abuse

Oops
I not yet sell!
Come down already!

Posted by Jimmy Lim > 2021-09-15 17:05 | Report Abuse

wait for 8/10 announcement

Posted by dompeilee > 2021-10-01 16:37 | Report Abuse

Movement up detected...watch sister co. Sungei Bagan =D

Posted by Diamond7 > 2021-10-04 20:08 | Report Abuse

Hopefully good news!
Still waiting!

Posted by Diamond7 > 2021-10-04 21:30 | Report Abuse

Cash rich asset company!
Debt free
Highly undervalue
Please give bonus!!!!

Posted by Diamond7 > 2021-10-05 17:09 | Report Abuse

Vow!
Shoot up again!
Excellent!

Posted by donald770 > 2021-10-06 09:23 | Report Abuse

@Jimmy. Wait for 8/10 announcement. Good ah? Thanks u in advance.

Posted by Jimmy Lim > 2021-10-06 11:16 | Report Abuse

@donald770, news as @Antfinance mention in forum kuchai, tunggu yang lagi jelas news coming up

Posted by Jimmy Lim > 2021-10-06 11:32 | Report Abuse

sailang Kuchai ! lol

Posted by Jimmy Lim > 2021-10-06 11:34 | Report Abuse

Kuchai @9:35am RM1.930, sapu je… below RM2

Posted by Diamond7 > 2021-10-13 06:01 | Report Abuse

Rumours still on or not?
Any news?

Posted by TheContrarian > 2021-10-13 19:59 | Report Abuse

Rumours die already.

Posted by Diamond7 > 2021-10-23 20:32 | Report Abuse

Seems the wings flap up...
Bout to fly again!

Probably privatise or give bonus issues

Posted by pang72 > 2021-11-16 13:04 | Report Abuse

dompeilee Most M'sians also gong gong one...'invest' in unit trust happily pay $550 FEES to """professional"" gambler for every $10k they put in...now many down 40-60% in a few years, don't hv the guts to phone the cunn!ng fund manager to scold them for wasting assets...10 ppl pay his fees already he can jiak pa pah already...get paid for the privilege of playing with your hard-earned $...

Even worse, they dump the losing hopeless stocks into your unit trust but allocate the winners into their own proprietary portfolio...this AlexSUU(Kmouse is no less greeedy than Jho low...pay insufficient to even fill his car with petrol for 1 month but wanna hantam & all-in to earn $20k or more within a year LOL!
05/11/2021 4:13 PM


BODOH DOMPEILEE... MALAYSIAN ARE NOT GONG GONG PLS!!
16/11/2021 12:10 PM

Posted by Income > 2022-10-13 04:31 | Report Abuse

Ex

Posted by ACE9696 > 2023-08-01 00:42 | Report Abuse

kluang 👍 vrooom….!

Posted by Dehcomic01 > 2023-12-03 15:31 | Report Abuse

One of the metrics I used to screen for companies is the ROE. I then compared the ROE trends for the target company with the ROE of one or two reference companies where I have detailed fundamental analysis. If the ROE is better, then I will dig further into the fundamentals. When I did this comparison for Kluang with my 2 Bursa Plantation companies – Bplant and KLK, I did not find it to be good enough to dig further https://www.youtube.com/watch?v=9KhboTCMdEg

Posted by Diamond7 > 1 month ago | Report Abuse

This article first appeared in The Edge Malaysia Weekly on January 8, 2024 - January 14, 2024

ROUGHLY 15 months after Kuchai Development Bhd (KDB) completed distributing its 26.51% stake in Sungei Bagan Rubber Company (M) Bhd (Sg Bagan) to shareholders, the company ended the year with an announcement of a bigger deal.

This time around, KDB is selling its assets and liabilities valued at RM275.47 million to its sister company Sg Bagan in return for shares. Again, KDB will distribute Sg Bagan shares to its shareholders. For every 1,000 KDB shares, shareholders will be entitled to 222 Sg Bagan shares under the proposal.

The controlling shareholder Kluang Rubber Company (M) Bhd will get the lion’s share of the block of Sg Bagan shares being distributed.

Kluang Rubber holds a 42.21% stake in KDB and a 43.5% stake in Sg Bagan. It is, in turn, controlled by low-profile Singaporean businessman Lee Thor Seng and his sons — Justin Lee Chung-Shih and Colin Lee Yung-Shih — via their family vehicle The Nyalas Rubber Estates Ltd. Justin is the executive deputy chairman of KDB and Sg Bagan.

It is worth noting that the divestment consideration of RM275.47 million was RM120 million more than its market cap of RM154.68 million prior to the announcement.

The divestment, which unlocks the asset value of KDB, gave a strong boost to the share prices of the three companies, lifiting them to all-time peaks on the first trading day of 2024.

The move is seen by market observers as the nonagenarian Thor Seng’s attempts to further streamline his interest in the Bursa Malaysia-listed companies, apart from unlocking asset values. This has left many wondering about his next move with KDB, which will soon be a cash-rich listed shell company.

“Would he privatise Sg Bagan since most of the assets will be parked there?” muses a market observer.

Posted by zildjian > 2 weeks ago | Report Abuse

kluang the best

Posted by Diamond7 > 3 days ago | Report Abuse

SINGAPORE: Singapore's second-biggest lender, OCBC, unveiled a S$1.4 billion (US$1.04 billion) offer on Friday (May 10) to buy the remaining stake in insurer Great Eastern Holdings and delist the company.

OCBC, Great Eastern's biggest shareholder, said it would acquire the 11.56 per cent stake in the insurer that it does not currently own. If it goes through, the deal will give the lender full ownership of the firm

The offer price of S$25.60 per share, a premium of 37 per cent, values Great Eastern at S$12.12 billion

Posted by Diamond7 > 3 days ago | Report Abuse

KUALA LUMPUR (Dec 29): Kuchai Development Bhd is injecting RM275 million worth of assets and liabilities into Sungei Bagan Rubber Co (M) Bhd in a share deal, as part of efforts to consolidate the assets of two sister companies linked to Kluang Rubber Company (M) Bhd (KRCB).

The deal will see Kuchai holding 29.37% in Sg Bagan in exchange for the asset injection, after which the shares will be distributed to Kuchai shareholders for them to have direct exposure to Sg Bagan.

This would be the second time Kuchai distributed its shares in Sg Bagan — it distributed its entire 26.51% stake in Sg Bagan to shareholders back in Sept 2022.


Kuchai is disposing of RM275.47 million in assets and liabilities to Sg Bagan, which will in turn issue 27.52 million shares at RM10.01 apiece, or 29.3% of its enlarged share capital.

The assets include freehold commercial property in Emerald Hill Road, Singapore; freehold agriculture land in Ulu Semenyih; Singapore dollar bonds and US dollar redeemable preference shares; and equity instruments in the Singapore Stock Exchange; as well as other receivables.

The Sg Bagan stake will be distributed to Kuchai shareholders via a proposed capital reduction and repayment, and dividend-in-specie at a date to be determined later.

The proposal is a related party transaction, as KRCB owns 42.2% in Kuchai and 43.5% in Sg Bagan.

The Sg Bagan share distribution by Kuchai will see it distributing a 13.98% stake in the plantation group to its minority shareholders.

The deal will allow entitled shareholders with an opportunity to participate in Sg Bagan’s prospects, being involved in the oil palm plantation sector, as well as long-term portfolio investment in securities, Kuchai said.

“The proposed disposal allows Kuchai and Sg Bagan to consolidate, synergise and merge their investments to Sg Bagan.

“Kuchai and Sg Bagan, both controlled by a common major shareholder, namely KRCB, invest in the same class of assets, i.e. equity instruments listed on the Singapore Stock Exchange, debt instruments (bonds and redeemable preference shares outside Malaysia) and investment properties,” it said

Posted by TheContrarian > 3 days ago | Report Abuse

Not selling my Kluang until RM11.

Posted by Diamond7 > 3 days ago | Report Abuse

@ Contrarian
Vow!
Great happiness!
Huat Huat Huat!!!!

Posted by Diamond7 > 3 days ago | Report Abuse

I wait for news
Then decide..

Posted by Diamond7 > 2 days ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1323039

Posted by Diamond7 > 4 hours ago | Report Abuse

Break resistance!
Strong ...

Posted by Diamond7 > 3 hours ago | Report Abuse

Kuchai and Sg Bagan shared similar business activities in investment holdings and rental of property, with the latter also carry out oil palm plantation activities. They are controlled by a common major shareholder, Kluang Rubber, who owns 42.2% stake in Kuchai and 43.5% in Sg Bagan.
22 Jan 2024

Posted by Diamond7 > 3 hours ago | Report Abuse

SBagan up
Kluang up
Kuchai up
All related...

Hot stock ...hot...very hot!

Posted by Diamond7 > 1 hour ago | Report Abuse

Kluang Rubber will also see its equity in Sungei Bagan rise from 30.72% to 43.12%, following Kuchai Development’s distribution exercise of Sungei Bagan shares.