FY: 30-Jun-2024
Amount
6.0000 : 100.0000
Ex Date
10-Jan-2024
Entitlement Date
11-Jan-2024
Description
Distribution of share dividend on the basis of six (6) treasury shares for every one hundred (100) existing ordinary shares

About BERJAYA CORPORATION BHD
Berjaya Corp Bhd is a Malaysia-based conglomerate that is engaged in financial services, consumer products marketing, property investment, hotel operation, gaming, restaurant operation, and others. The consumer products marketing segment and the gaming segment are the two largest segments by revenue contribution, jointly accounting for the majority of the company?s sales. The company?s marketing businesses are carried out through marketing company Cosway and organic product provider Country Farms. The gaming and related services businesses are primarily carried out through Toto-betting-business operator Sports Toto Malaysia and Berjaya Philippines. The company generates the majority of its revenue from the Malaysian domestic market.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

VT started to focus on bjcorp probably. share buyback non-stop.. sold a subsi to son-in-law. focus on related core biz,,,, unrelated biz sold to others

accumlate some.... bjfood has risen a lot after bonus shares, share split, etc etc.

bjcorp, the parent co.... focus too.... $$$$$$$$$$$$$$$$$$$$$$$$$$

more2come. 2023-12-29

Principal Officer

Group Chief Executive Officer Appointment - MR ADAM PANDIAN on 01-Jan-2024.

Mflour below RM1, msm sentiasa rugi pun rm1.3++ :)

PE below 10, sapu je

Bottom out at 33sen, uptrend started

Good buy uptrend

Uptrend , above 1.8++, new ceo, new improvements hopefully

A Singaporean as ceo with ~1% stake in KAWAN. COOL



Save Print Back

7216 KAWAN KAWAN FOOD BHD
Change in Principal Officer
Date of Change: 01/01/2024
Type of Change: Appointment
Designation: Others
Directorate:
Name: ADAM PANDIAN
Age: 61
Country: Singapore
Nationality: Singapore
Qualifications:
Working Experience and Occupation:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Directorship of public companies (if any):
None
Family relationship with any director and/or major shareholder of the listed issuer:
None
Details of any interest in the securities of the listed issuer or its subsidiaries:
Direct interest - 3,330,000 ordinary shares in the Company.
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

29/12/2023 07:00 AM


Ref Code: 202312295200104

AHAM Capital said there had been encouraging signs pointing to a return of foreign inflows since July 2023, thanks to an improving domestic macro situation.

It added that historical pattens suggested a strong correlation between FTSE Bursa Malaysia KLCI (FBM KLCI) returns and foreign flows as seen over the past 10 years.

as developed markets approach their peak cycle, risk appetite is expected to return to the emerging market (EM) space

as developed markets approach their peak cycle, risk appetite is expected to return to the emerging market (EM) space

as developed markets approach their peak cycle, risk appetite is expected to return to the emerging market (EM) space

KUALA LUMPUR (Dec 30): Bursa Malaysia is likely to trend higher in the first week of 2024 with a mild upside, to be driven by banking and technology stocks.

Inter-Pacific Asset Management Bhd chief economist and fund manager Datuk Dr Nazri Khan expects the local market to trend between 1,450 and 1,460 next week with some bargain hunting likely to emerge.

"Furthermore, we see the year-end Christmas rally driven by feel-good factors and window dressing as well as overnight strength from Wall Street, coupled with signs that inflation has retreated and interest rate is expected to go down,” he told Bernama.

He also noted that the trading volume had surged past four billion units and market breadth has been positive, therefore, the market could be bullish next week.

Looking ahead to 2024, Rakuten Trade equity research vice-president Thong Pak Leng said the brokerage firm holds a positive view on the performance of Malaysian equities, buoyed by the prospect that the US Federal Reserve is set to begin interest rate cuts and the return of foreign funds to the region.

"We anticipate the FTSE Bursa Malaysia (FBM KLCI) to linger around the 1,590 mark, based on the prevailing valuation premised on 2024 estimates, and could test the 1,650 level," he said.

For next week, he projects further upward potential if the FBM KLCI Index surpasses the 1,465-resistance line.

"As such, we expect the index to trend within the 1,450-1,470 range next week, with immediate support at 1,450 followed by 1,440," he said.

For the holiday-shortened week just ended, Bursa Malaysia traded mixed amid muted trading as investors continued to stay on the sidelines due to the holidays, amid mild bargain-hunting activities after the recent sell-off.

On a Friday-to-Friday basis, the FBM KLCI rose marginally by 0.28 of-a-point to end the week at 1,454.66 versus 1,454.38 a week ago.

On the index board, the FBM Emas Shariah Index lost 27.86 points to 10,988.71, the FBM 70 Index fell 3.86 points to 14,612.98, while the FBM ACE Index went up 105.83 points to 5,322.03, the FBM Emas Index gained 3.78 points to 10,823.70, and the FBMT 100 Index was 0.79 of-a-point better at 10,485.72.

Sector-wise, the Industrial Products and Services Index inched up 0.23 of-a-point to 172.99, the Financial Services Index added 55.95 points to 16,303.04, while the Energy Index slid 0.87 of-a-point to 817.73 and the Plantation Index shed 28.49 points to 7,007.96.

Bursa Malaysia ended the week with a lower turnover of 15.11 billion units worth RM9.38 billion versus 18.39 billion units worth RM12.04 billion in the preceding week.

The Main Market volume shrank to 9.41 billion shares valued at RM8.10 billion against 10.75 billion shares valued at RM10.40 billion in the previous week.

Warrants turnover tumbled to 1.54 billion units valued at RM187.57 million from 3.04 billion units valued at RM356.87 million last week.

The ACE Market volume declined to 4.03 billion shares worth RM1.08 billion compared to 4.44 billion shares worth RM1.28 billion previously.

KUALA LUMPUR (Dec 30): Bursa Malaysia is likely to trend higher in the first week of 2024 with a mild upside, to be driven by banking and technology stocks.

Inter-Pacific Asset Management Bhd chief economist and fund manager Datuk Dr Nazri Khan expects the local market to trend between 1,450 and 1,460 next week with some bargain hunting likely to emerge.

"Furthermore, we see the year-end Christmas rally driven by feel-good factors and window dressing as well as overnight strength from Wall Street, coupled with signs that inflation has retreated and interest rate is expected to go down,” he told Bernama.

He also noted that the trading volume had surged past four billion units and market breadth has been positive, therefore, the market could be bullish next week.

Looking ahead to 2024, Rakuten Trade equity research vice-president Thong Pak Leng said the brokerage firm holds a positive view on the performance of Malaysian equities, buoyed by the prospect that the US Federal Reserve is set to begin interest rate cuts and the return of foreign funds to the region.

"We anticipate the FTSE Bursa Malaysia (FBM KLCI) to linger around the 1,590 mark, based on the prevailing valuation premised on 2024 estimates, and could test the 1,650 level," he said.

For next week, he projects further upward potential if the FBM KLCI Index surpasses the 1,465-resistance line.

"As such, we expect the index to trend within the 1,450-1,470 range next week, with immediate support at 1,450 followed by 1,440," he said.

For the holiday-shortened week just ended, Bursa Malaysia traded mixed amid muted trading as investors continued to stay on the sidelines due to the holidays, amid mild bargain-hunting activities after the recent sell-off.

On a Friday-to-Friday basis, the FBM KLCI rose marginally by 0.28 of-a-point to end the week at 1,454.66 versus 1,454.38 a week ago.

On the index board, the FBM Emas Shariah Index lost 27.86 points to 10,988.71, the FBM 70 Index fell 3.86 points to 14,612.98, while the FBM ACE Index went up 105.83 points to 5,322.03, the FBM Emas Index gained 3.78 points to 10,823.70, and the FBMT 100 Index was 0.79 of-a-point better at 10,485.72.

Sector-wise, the Industrial Products and Services Index inched up 0.23 of-a-point to 172.99, the Financial Services Index added 55.95 points to 16,303.04, while the Energy Index slid 0.87 of-a-point to 817.73 and the Plantation Index shed 28.49 points to 7,007.96.

Bursa Malaysia ended the week with a lower turnover of 15.11 billion units worth RM9.38 billion versus 18.39 billion units worth RM12.04 billion in the preceding week.

The Main Market volume shrank to 9.41 billion shares valued at RM8.10 billion against 10.75 billion shares valued at RM10.40 billion in the previous week.

Warrants turnover tumbled to 1.54 billion units valued at RM187.57 million from 3.04 billion units valued at RM356.87 million last week.

The ACE Market volume declined to 4.03 billion shares worth RM1.08 billion compared to 4.44 billion shares worth RM1.28 billion previously.

https://theedgemalaysia.com/node/695660

https://theedgemalaysia.com/node/695660

Change in Principal Officer
KAWAN FOOD BERHAD

Date of change 01 Jan 2024
Name MR ADAM PANDIAN
Age 61
Gender Male
Nationality Singapore
Type of change Appointment
Designation Group Chief Executive Officer
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Degree
Bachelor of Business Administration
National University of Singapore

Working experience and occupation Mr Adam joined Kawan Food Berhad Group of companies ("Kawan Group") as Advisor to Executive Chairman and Head of Transformation.

He has more than 35 years management experience in commercial, supply chain and corporate roles, developing and implementing transformation strategies across various industries and organizations with a foundation in fast-moving consumer goods.

He started his career in Procter & Gamble in brand management, he moved on to several senior positions including Account Director for Leo Burnett, Regional Account Director for Saatchi & Saatchi, General Manager and Commercial Director for Keebler, and as Managing Director ("MD") for Greater China and Southeast Asia for Kellogg.

Prior to joining Kawan Group in April 2023, he held Chief Operating Officer roles in various divisions within the Hap Seng Group as well as corporate roles within the Group MDs office where he served in change management, business turnarounds and driving group synergy across operating divisions.
Directorships in public companies and listed issuers (if any) None
Family relationship with any director and/or major shareholder of the listed issuer None
Any conflict of interests that he/she has with the listed issuer None
Details of any interest in the securities of the listed issuer or its subsidiaries Direct interest - 3,330,000 ordinary shares in the Company.


Announcement Info
Company Name KAWAN FOOD BERHAD
Stock Name KAWAN
Date Announced 29 Dec 2023
Category Change in Principal Officer
Reference Number C04-04042023-00002

Impressive :)

Kawan Food appoints Adam Pandian, formerly with Kellogg's, as CEO | https://www.klsescreener.com/v2/news/view/1255067

KUALA LUMPUR (Dec 29): Kawan Food Bhd has appointed Adam Pandian as its new chief executive officer, effective from next Monday (Jan 1).

In a bourse filing on Friday, the company said Adam will take on the role, which was left vacant by Ng Hooi Kai, who resigned on Aug 2 this year after serving the role for two years and seven months.

Adam joined Kawan Food in April 2023 as an adviser to the executive chairman and head of transformation.

Adam started his career in Procter & Gamble in brand management, then moved on to several senior positions including the account director for Leo Burnett, regional account director for Saatchi & Saatchi, general manager and commercial director for Keebler, and as managing director for Greater China and Southeast Asia for Kellogg's.

Prior to joining Kawan Food, he held the chief operating officer roles in various divisions within the Hap Seng group, as well as corporate roles within the group managing director office, where he served in change management, business turnarounds and driving group synergy across operating divisions.

He has more than 35 years of management experience in commercial, supply chain and corporate roles, developing and implementing transformation strategies across various industries and organisations with a foundation in fast-moving consumer goods, Kawan Food said.

Kawan Food's earnings has normalised after hitting a new record in the year ended Dec 31, 2022 (FY2022), with a net profit of RM38.5 million and revenue of RM293.2 million.

For the cumulative nine months ended Sept 30, 2023, Kawan Food's net profit fell 28.73% to RM21.27 million or 5.94 sen per share, from RM29.85 million a year earlier, despite revenue rising 2.22% to RM225.77 million, from RM220.88 million previously, as cost of sales inched up slightly, coupled with higher expenses as well as income tax recorded.

Shares in Kawan Food settled at RM1.80 each on Friday, down two sen or 1.1%, bringing the company a market capitalisation of RM653 million.

Year-to-date, the stock has fallen 19%.

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
05/01/2023 00:00:00 0.7300 -0.0100 1.979m 5.877m 1.445m 4.290m 0.7300 0.1940 -
05/01/2023 00:00:00 0.7300 -0.0100 1.000m 5.877m 730,000 4.290m 0.7300 0.0980 -
05/01/2023 00:00:00 0.7300 -0.0100 1.900m 5.877m 1.387m 4.290m 0.7300 0.1862 -
05/01/2023 00:00:00 0.7300 -0.0100 998,000 5.877m 728,540 4.290m 0.7300 0.0978 -
22/12/2022 00:00:00 0.8300 0.0150 100,000 100,000 83,000 83,000 0.8300 0.0098 -
01/12/2022 00:00:00 0.7300 -0.0650 1.400m 2.000m 1.022m 1.460m 0.7300 0.1372 -
01/12/2022 00:00:00 0.7300 -0.0650 600,000 2.000m 438,000 1.460m 0.7300 0.0588 -
29/11/2022 00:00:00 0.7300 0.0250 1.200m 3.000m 876,000 2.190m 0.7300 0.1176 -
29/11/2022 00:00:00 0.7300 0.0250 1.800m 3.000m 1.314m 2.190m 0.7300 0.1765 -

medium & long term investmentLAH :)

27-Feb-2023 13-Mar-2023 DIVIDEND Interim Dividend RM 0.0360
01-Mar-2022 15-Mar-2022 DIVIDEND Interim Dividend RM 0.0300
22-Feb-2021 08-Mar-2021 DIVIDEND Interim Dividend RM 0.0300
03-Mar-2020 17-Mar-2020 DIVIDEND Interim Dividend RM 0.0250
04-Mar-2019 15-Mar-2019 DIVIDEND Interim Dividend RM 0.025
01-Mar-2018 14-Mar-2018 DIVIDEND Interim Dividend RM 0.025
01-Sep-2017 05-Sep-2017 BONUS_ISSUE Bonus Issue 1 : 3
03-Mar-2017 16-Mar-2017 DIVIDEND Interim Dividend RM 0.025
30-Nov-2016 15-Dec-2016 DIVIDEND Special Dividend RM 0.035
04-Mar-2016 06-Apr-2016 DIVIDEND Interim Dividend RM 0.0250
06-Mar-2015 19-Mar-2015 DIVIDEND Interim Dividend RM 0.02
08-Dec-2014 18-Dec-2014 BONUS_ISSUE Bonus Issue 1 : 2
08-Dec-2014 18-Dec-2014 OTHERS Others 1 : 2
07-Mar-2014 27-Mar-2014 DIVIDEND Interim Dividend RM 0.018
07-Mar-2014 27-Mar-2014 DIVIDEND Special Dividend RM 0.036
10-May-2013 23-May-2013 DIVIDEND Interim Dividend RM 0.018
02-May-2012 16-May-2012 DIVIDEND Interim Dividend RM 0.024
13-Jul-2011 25-Jul-2011 FREE_WARRANT Others 1 : 2
11-May-2011 27-May-2011 DIVIDEND Interim Dividend RM 0.014
15-Mar-2010 29-Mar-2010 DIVIDEND Interim Dividend RM 0.014
16-Mar-2009 27-Mar-2009 DIVIDEND Interim Dividend RM 0.014
03-Jul-2008 16-Jul-2008 BONUS_ISSUE Bonus Issue 1 : 2
19-Nov-2007 03-Dec-2007 DIVIDEND First Interim Dividend RM 0.025
24-Apr-2007 11-May-2007 DIVIDEND Second interim dividend 4%
29-Aug-2006 15-Sep-2006 DIVIDEND First Interim Dividend 2%

dividen masih ada, apa kamu mau lagi? sabar je :)

10-Apr-2023 26-May-2023 DIVIDEND Second Interim Dividend RM 0.0070
26-Aug-2022 26-Sep-2022 DIVIDEND Interim Dividend RM 0.0050
28-Feb-2022 11-Apr-2022 DIVIDEND Interim Dividend RM 0.0130

sentiasa ada dividen, dll.. apa kamu mau lagi? :)
30-Aug-2023 14-Sep-2023 DIVIDEND Interim Dividend RM 0.0150
27-Feb-2023 13-Mar-2023 DIVIDEND Second Interim Dividend RM 0.0150
25-Aug-2022 08-Sep-2022 DIVIDEND Interim Dividend RM 0.0150
28-Feb-2022 14-Mar-2022 DIVIDEND Interim Dividend 0.0200%
26-Feb-2021 12-Mar-2021 DIVIDEND Interim Dividend RM 0.0100
27-Feb-2020 12-Mar-2020 DIVIDEND Second Interim Dividend RM 0.0180
23-Dec-2019 08-Jan-2020 INTEREST Coupon Payment 5.0000%
14-Aug-2019 28-Aug-2019 DIVIDEND Interim Dividend RM 0.012
27-Feb-2019 13-Mar-2019 DIVIDEND Second interim dividend RM 0.01
12-Dec-2018 24-Dec-2018 RIGHTS_ISSUE Rights Issue 2 : 5
12-Dec-2018 24-Dec-2018 RIGHTS_ISSUE Rights Issue 3 : 10
17-Aug-2018 04-Sep-2018 DIVIDEND Interim Dividend RM 0.02
28-Feb-2018 14-Mar-2018 DIVIDEND Second interim dividend RM 0.035
31-Aug-2017 30-Aug-2017 DIVIDEND Interim Dividend RM 0.03
23-Feb-2017 08-Mar-2017 DIVIDEND Interim Dividend RM 0.035
17-Aug-2016 29-Aug-2016 DIVIDEND Interim Dividend RM 0.03
24-Feb-2016 09-Mar-2016 DIVIDEND Second interim dividend RM 0.0200
06-Aug-2015 19-Aug-2015 DIVIDEND Interim Dividend RM 0.0200
23-Feb-2015 09-Mar-2015 DIVIDEND Second interim dividend RM 0.035
22-Aug-2014 05-Sep-2014 DIVIDEND Interim Dividend RM 0.03
20-Nov-2013 02-Dec-2013 DIVIDEND Second interim dividend RM 0.06
21-Aug-2013 02-Sep-2013 DIVIDEND Interim Dividend RM 0.03
27-Feb-2013 11-Mar-2013 DIVIDEND Interim Dividend RM 0.03
21-Mar-2012 02-Apr-2012 DIVIDEND Special Dividend RM 0.62
21-Mar-2012 02-Apr-2012 RIGHTS_ISSUE Rights Issue 2 : 2

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
14/10/2022 00:00:00 0.6400 - 204,400 204,400 130,816 130,816 0.6400 0.0136 -
13/10/2022 00:00:00 0.6450 - 476,900 476,900 307,601 307,601 0.6450 0.0318 -
30/08/2022 00:00:00 0.6900 -0.0300 800,000 800,000 552,000 552,000 0.6900 0.0533 -
28/07/2022 00:00:00 0.6200 0.0250 880,400 880,400 545,848 545,848 0.6200 0.0587 -
27/07/2022 00:00:00 0.6250 0.0400 860,000 860,000 537,500 537,500 0.6250 0.0573 -
25/07/2022 00:00:00 0.6300 0.0250 1.725m 1.725m 1.087m 1.087m 0.6300 0.1150 -
07/07/2022 00:00:00 0.5650 -0.0300 1.725m 1.725m 974,851 974,851 0.5650 0.1150 -
05/07/2022 00:00:00 0.5700 -0.0550 1.740m 1.740m 991,800 991,800 0.5700 0.1160 -
28/06/2022 00:00:00 0.6000 -0.0300 47,000 47,000 28,200 28,200 0.6000 0.0031 -
27/06/2022 00:00:00 0.6000 -0.0050 17,000 17,000 10,200 10,200 0.6000 0.0011 -
15/06/2022 00:00:00 0.5900 -0.0200 1.629m 1.629m 961,346 961,346 0.5900 0.1086 -
20/05/2022 00:00:00 0.8000 -0.0050 10,000 10,000 8,000 8,000 0.8000 0.0007 -
13/05/2022 00:00:00 0.8000 0.0050 10,000 10,000 8,000 8,000 0.8000 0.0007 -
27/04/2022 00:00:00 0.7000 -0.1450 111,000 111,000 77,700 77,700 0.7000 0.0074 -
26/04/2022 00:00:00 0.8000 -0.0500 145,800 145,800 116,640 116,640 0.8000 0.0097 -
03/03/2022 00:00:00 0.8400 -0.0100 45,800 1.602m 38,472 1.265m 0.7898 0.0031 -
03/03/2022 00:00:00 0.8400 -0.0100 151,400 1.602m 127,176 1.265m 0.7898 0.0101 -
03/03/2022 00:00:00 0.8400 -0.0100 66,200 1.602m 55,608 1.265m 0.7898 0.0044 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 62,800 1.602m 52,752 1.265m 0.7898 0.0042 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 62,300 1.602m 52,332 1.265m 0.7898 0.0042 -
03/03/2022 00:00:00 0.8400 -0.0100 40,000 1.602m 33,600 1.265m 0.7898 0.0027 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 40,000 1.602m 33,600 1.265m 0.7898 0.0027 -
03/03/2022 00:00:00 0.8400 -0.0100 58,300 1.602m 48,972 1.265m 0.7898 0.0039 -
03/03/2022 00:00:00 0.8400 -0.0100 150,000 1.602m 126,000 1.265m 0.7898 0.0100 -
03/03/2022 00:00:00 0.7000 -0.1500 429,000 1.602m 300,300 1.265m 0.7898 0.0286 -
03/03/2022 00:00:00 0.7000 -0.1500 145,800 1.602m 102,060 1.265m 0.7898 0.0097 -
25/01/2022 00:00:00 0.9000 -0.1700 200,000 200,000 180,000 180,000 0.9000 0.0133 -
Summary from 25/01/2022 to 14/10/2022
Highest Price 0.9000 First Occurred on 25/01/2022
Lowest Price 0.5650 First Occurred on 07/07/2022
Highest Volume 1.740m First Occurred on 05/07/2022

Harga semasa lebih rendah drp nta jugak

Masih untung Dan bayar dividen, why not, buy to keep, dah bottom out now.harga lantai.. No way to time pasaran with accuracy

Ramai tak mamou makan kat luar kini. Roti canai & teh kat kedai mamak dah rm5.

Produk frozen roti canai, capati, dhal, dll berpotensi tak terhad.. Happy investing. Makan tengahari kat rumah, roti canai & dhal KAWAN, enak sekali :)

Good price 64sen... Mflour, yearly profit n dividend takda isu, set up by Robert kuok.tak macam msm yg asyik rugi selepas dijual kepada felda :)

during challenging times, konsumer beli frozen foods dari KAWAN lebih kerap drp Senheng, keperluan vs kehendak... buy and keep senheng for the long term... takda holding power usah beli good luck... Happy new year. last day of trading

IPO@RM1.07 ---> 33sen now.... hahaha

support local company :)

Unbelievable
KUALA LUMPUR (Jan 25): Consumer electrical and electronics retailer Senheng New Retail Bhd faltered on its maiden trading day on Bursa Malaysia’s Main Market on Tuesday (Jan 25).

It opened at 90 sen and rose to as high as RM1.01 before closing at 85.5 sen, representing a 21.5 sen or 20.09% discount from its initial public offering (IPO) price of RM1.07.

At 85.5 sen, the retail group had a market capitalisation of RM1.28 billion.

sure rebound punya... lawan MyCC, terindah ... usah tunduk kerana benar... terbaik... tutup pada 84.5sen... bagus

Beli in stages , tak mampu time pasaran perfectly

Mflour sentiasa untung & bagi dividen, bukan msm haha

Bagus, kita lawan. Bila dah menang kes, terus terbang 20sen, dll :)


KUALA LUMPUR: Malayan Flour Mills Bhd (MFM) and its joint venture company, Dindings Poultry Development Centre Sdn Bhd, are in consultation with their external legal counsel to challenge the Malaysia Competition Commission’s (MyCC) decision to impose a penalty of RM70.02mil for a price-fixing infringement.

In a filing with Bursa Malaysia yesterday, the companies claimed that the commission’s finding of infringement was without merit.

“MFM and Dindings Poultry will take the necessary and appropriate action to appeal the decision and apply for a stay of the decision in the interim,” it said.

Last week, MyCC said it had imposed a penalty of nearly RM415.5mil against five poultry feed manufacturers for infringing Section 4 of the Competition Act 2010 (Act 712) by forming a price-fixing cartel for poultry feed.

“The companies were Leong Hup Feedmill (M) Sdn Bhd, FFM Bhd, Gold Coin Feedmills (M) Sdn Bhd, Dindings Poultry Development Centre Sdn Bhd and PK Agro-Industrial Products (M) Sdn Bhd,” it said.

The commission said its investigation uncovered evidence of identical increments in poultry feed prices among the parties from January 2020 to June 2022, in addition to the conciusion that the five enterprises had employed a calculated strategy to create the illusion of rising poultry feed costs due to hikes in raw material costs. — Bernama

Ya, very likely , refer to its annual report 2022. New subsidiaries, advisor to Chairman, etc... Expansion is on kot? Many unit trusts fund juga include kawan.

Robert kuok control punya syarikat... Semasa mco, derma banyak barang untuk menolong b40, dll...

Once in a lifetime punya chance. Makan kau wakaka

Peluang untuk membelinya. Kalau bukan kes sampah tu, harga tak kan turun. Bila memang kes nanti , naik 10-20sen balik pulak .

2024: Interest rate Down, usd Down, import cost for raw materials, etc Down...

More tourists: roti & flour UP... Profit will fly in 2024

Ownership Type (As of Latest Filing)
TYPE INVESTORS % O/S POSITION (M Shares) VALUE(M USD)
Individual Investor 16 26.68 272.27 47.23
Corporation 13 21.91 223.60 38.79
Government Agency 2 2.5 25.48 4.42
Mutual Fund 43 2.3 23.50 4.19
Investment Advisor 10 2.1 21.43 3.62
Investment Advisor/Hedge Fund 4 1.41 14.47 1.96
Holding Company 1 0.87 8.84 1.53

Consensus Target PriceRM0.80
DifferenceRM0.17
Potential Gain/Loss (%)25.98%
Consensus Date23 Nov 2023
Outperform

Ownership Type (As of Latest Filing)
TYPE INVESTORS % O/S POSITION (M Shares) VALUE(M USD)
Individual Investor 20 50.95 184.71 88.59
Corporation 1 20.34 73.75 30.65
Investment Advisor 10 8.03 29.09 13.94
Mutual Fund 40 5.92 21.46 10.08
Pension Fund 1 1.3 4.71 2.26
Insurance Company 1 0.58 2.11 1.02
Investment Advisor/Hedge Fund 3 0.11 0.39 0.17

Consensus Target PriceRM2.25
DifferenceRM0.45
Potential Gain/Loss (%)24.82%
Consensus Date28 Aug 2023
Outperform

<%-- for fixing scrollbar--%>
Save Print Back

3662 MFLOUR MALAYAN FLOUR MILLS BHD
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
Particulars of Shareholder
Name : AZLIN BINTI ARSHAD
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary share
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 18/10/2023
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 03/10/2023 Acquired 24,871,170 -
Circumstances by reason of which change has occurred:
Transfer of Shares pursuant to the Letter of Administration dated 15 August
2023 granted by the Court on 4 September 2023.
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 42,552,920 shares (4.1600%)
Indirect/Deemed Interest : 31,239,800 shares (3.0500%)
Total : 73,792,720 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

25/10/2023 07:00 AM


Ref Code: 202310253800070

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS STRATEGIC PARTNERSHIP WITH TYSON INTERNATIONAL HOLDING COMPANY (TYSON) IN CONJUNCTION WITH THE DISPOSAL OF 49% EQUITY INTEREST IN DINDINGS TYSON SDN BHD (DTSB), A WHOLLY-OWNED SUBSIDIARY OF MALAYAN FLOUR MILLS BERHAD (MFM OR THE COMPANY), TO TYSON FOR A DISPOSAL CONSIDERATION OF UP TO RM420,000,000 TO BE SATISFIED WHOLLY BY CASH
MALAYAN FLOUR MILLS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description STRATEGIC PARTNERSHIP WITH TYSON INTERNATIONAL HOLDING COMPANY (TYSON) IN CONJUNCTION WITH THE DISPOSAL OF 49% EQUITY INTEREST IN DINDINGS TYSON SDN BHD (DTSB), A WHOLLY-OWNED SUBSIDIARY OF MALAYAN FLOUR MILLS BERHAD (MFM OR THE COMPANY), TO TYSON FOR A DISPOSAL CONSIDERATION OF UP TO RM420,000,000 TO BE SATISFIED WHOLLY BY CASH
We refer to the announcements dated 10 February 2021, 28 May 2021, 1 June 2021, 26 October 2021 and 16 August 2022, as well as the circular to the shareholders of MFM dated 26 April 2021 (“Circular”) in relation to the Strategic Partnership. Unless otherwise stated, all definitions and abbreviations in this announcement shall have the same meanings as set out in the Circular.
The Board of Directors of MFM wishes to announce that the Company has received a letter dated 13 December 2023 from Tyson together with a First Earnout Account prepared based on the audited financial statements of DTSB Group for FYE 2022. The Company and Tyson have agreed on the following terms and conditions in respect of the First Earnout Consideration:

(1) The estimated First Earnout Consideration was RM140 million;

(2) The EBITDA for FYE 2022 of RM144.453 million was greater than the targeted EBITDA of RM141 million, hence no deduction to the First Earnout Consideration; and
(3) As the net Debt for FYE 2022 amounting to RM84.874 million was higher than the targeted net Debt of RM44 million by RM40.874 million, the variance is multiplied by 49% to arrive at the amount of RM20.028 million which was deducted and arrived at the adjusted First Earnout Consideration of RM119.972 million.

Accordingly, MFM has received RM119.972 million from Tyson for the First Earnout Consideration on 13 December 2023.

The First Earnout Consideration together with the Initial Consideration are RM289.916 million which form part of the aggregate Disposal Consideration.
Accordingly, the revised utilisation of the First Earnout Consideration is as follows:

Details of utilisation Proposed utilisation as set out in the Circular Variation Revised utilisation Estimated utilisation timeframe from the receipt of proceeds
RM’million RM'million RM'million
Repayment of bank borrowings 140 20.028 119.972 Within 6 months from the receipt of the proceeds
Total 140 20.028 119.972
Pending the utilisation of the proceeds by the Company, the proceeds will be placed in interest-bearing deposit accounts with financial institutions or short-term money market instrument(s) as our Board may deem fit.

This announcement is dated 13 December 2023.





Announcement Info
Company Name MALAYAN FLOUR MILLS BERHAD
Stock Name MFLOUR
Date Announced 13 Dec 2023
Category General Announcement for PLC
Reference Number GA1-13122023-00018

direct deal this year

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
05/01/2023 00:00:00 0.7300 -0.0100 1.979m 5.877m 1.445m 4.290m 0.7300 0.1940 -
05/01/2023 00:00:00 0.7300 -0.0100 1.000m 5.877m 730,000 4.290m 0.7300 0.0980 -
05/01/2023 00:00:00 0.7300 -0.0100 1.900m 5.877m 1.387m 4.290m 0.7300 0.1862 -
05/01/2023 00:00:00 0.7300 -0.0100 998,000 5.877m 728,540 4.290m 0.7300 0.0978 -

accumulate in stages//// buy when others are fearful :)