Validation from my last prediction, something is brewing in KANGER

In my last article, I shared the quantum leap in earnings for KANGER after their venture in property and construction segment. For the benefit of those who have not read the article, you may view it here for a quick read-up.

https://klse.i3investor.com/blogs/dbedw/2021-10-01-story-h1591841621-A_Quantum_Leap_in_Earnings_KANGER_INTERNATIONAL_BERHAD.jsp

So what is the new “stuff” brewing behind KANGER? It is the emergence of new substantial shareholder of the company.

To those who do not know, Ms Chai Woon Yun is the daughter of Tan Sri Datuk Chai Kin Kong – who in turn is the founder of Aset Kayamas. As mentioned in our previous article, KANGER had involved in properties of Aset Kayamas and value chain of construction material supply.

And Ms Chai Woon Yun had acquired 416.7million shares in KANGER via the subscription in rights issue. What does this mean?

Either she was truly interested in KANGER, or she was a proxy for Aset Kayamas to slowly accumulate shares of KANGER for a potential RTO.

Who knows?

Whatever it is, definitely this is a positive note for KANGER. For those strong holders out there, just keep holding and we shall see some “explosive” benefits coming forward.