ESOS- Issued 69m in the range of 5c-5.5c. The ESOS recipients will be rewarded with fat angpow next week.

BN stock?

dun worry n stay patient. First push to 39.5c, let us wait for the second push to 50c, most probably the tp of its major share-holder b4 taking it private.
Comparing with its peer Ekovest :
ctr eps (1st 2q total) NAPS current stock price(RM)
...... ..................……. ......... .............................
ekovest 1.09c (3.48) 0.96 0.68
bcb 2.07c(5.46) 1.18 0.325

Caring management and top bosses. Suppressed the stock price to 4c today, then priced 17m shares for employee share option at 4c. Hopefully, they will do likewise to take care of all the share-holders generously with great wisdom.

PP is the best scheme to make the rich getting richer and the poor getting poorer. Cruel n inconsiderate major share-holders together with their directors will use it as a tool to accummulate wealth at the expense of the retailers.

Leaders must show excellent capability, avoid having integrity questioned, says Tun M

Do u think the directors r willing to use their own money to fund for the acquisition of the komark shares?

That's y all the highly paid Fintec directors who r responsible for such a blatant silly decision should be made to be responsible for the potential financial loss arising from their foolishness. The directors who r empowered to safeguard the well-being of the company should compensate the company for any loss incurred.

Management has no power but the board of directors(BOD) has. Suspect the directors r taking instructions from an influential major share-holder to make such up screwed-up decision to benefit the latter. If this deal goes thru, the proposed 150% premium paid for the komark shares acquisition will enter the guinness record as the highest in the world for the acquisition of a loss making company, a rotten apple. The rm20m can actually be used for shares buy back of 10% own shares at 25c each.

proposed to spend rm20m cash acquiring 20% komark shares (a persistent loss making company) at 150% premium (smart BOD will go for a kill to get komark shares at 150% discount) from a major share-holder and his family. Proposed pp 30% fintec share to get rm9m cash at 4.5c per share to dilute the NA of the company. What's in the minds of the directors in making such a stupid decisions. Dun buy komark, keep the 20m cash for covering company's expenditure. abandon the 30%pp to avoid diluting the intrinsic value of the company. Hope Security commission can see the clearcut daylight robbery to be unfolding in this company and take action on them immediately. Make all the Fintec BOD members accountable to the potential loss in the KOMARK SHARES ACQUISITION which is without any good business sense. Even the naive retailers can smell the huge loss in the said venture.

On 17Sept, proposed Komark shares acquisition at 50c each as follow:
Kok Hong Muc 26.1m (all his holding)
Aimas (Kok family) 6.64m (of 21.8m)
When Komark mkt share price at its peak at 37c after 8 months of relentless surge from 12c, probably by invisible hands as the company is suffering continuous bleeding in the year of 2019.

On 12Feb2020, Fintec announced acquisition of additional 8m share at 50c each from Aimas.
When Komark mkt share price at 20.5c

Will Fintec acquire the balance @7.1m shares from Aimas at 50c b4 the SPA dateline on 28Feb20?
Expected komark mkt price at 21c.

Lets take a vote on the competency of the current team of company directors. Do u think they r competent enough to discharge their duties for the benefit of the company? just reply yes or no.

To ensure the survival of the company, what actions should all the concerned share-holders take on the current BOD team members. To fire them or continue to hire them for self-destruction.

If Fintec BOD chose option one, do u think the BOD members hv integrity, honesty and intelligence to lead Fintec to the right path for survival in the future?

I think all the Fintec share-holders would like to know: if the company budgeted 4m to acquire komark shares, which transaction below is favorable to the company:
1. 8m share from a major komark share-holder at 50c each. OR
2. 20m komark shares at 20.5c each in open market.
I dun think we need rocket science to explain on the favorable choice, right?

Just look at another profit making technology company, viz novamsc, with the discriminating practice in ICPS issuance. The company's NAPS is greatly reduced as the big chunk of the icps is allocated to a major share-holder at very low exercise price resulted in the stock price plunged 50% immediately after the icps proposal. Integrity, transparency and honesty of the BOD members r the essential elements that dictate the market performance of the company. Trustworthy ones will gain the support of the retailers who hv no confidence on the untrustworthy ones.

Many fintec retailers will definitely try to figure out who will be the beneficiaries of the profit from the 150% premium.

In fact, Fintec can still terminate the spa for the 40m komark shares if im not mistaken. Continuous declining komark stock price is reflecting the poor valuation of the stock. Perhaps fintec has a plan in cleasing the weak fintec share-holders with the spa proposal.

hello, rm20m for 40m komark shares at 50c a piece is just a chicken fee to Fintec as it's expected to make 70m np in soon to be reported qr. my worry is it may go MGO for komark at 50c a share that may cost it >rm100m. But we know komark share price will nvr hit 50c in next 10 years.

Hello, dun worry man. Fintec made tons of money lately. It can even afford to go for MGO of komark shares at 50c per share (u may speculate) to be fair and square to all the komark share-holders. It announced yesterday buying additional 8m komark shares at 50c, 29.5c higher than the current stock price at 20.5c. Savvy investor will acquire another company at a good discount to its intrinsic value but the generous one will buy more at a hefty 150% premium. The additional 8m shares can be acquired in the open market at around 21c-23c easily. Y Fintec is willing to pay the hefty premium for it? your guess is as good as mine. I wont be surprise if fintec making more announcements b4 the 29/2/2020 dateline on buying more komark shares from the priviledged group members at 50c a piece. Komark stock price was below 15c in Jan2019. Therafter, the price shot up despite of making losses continuously in subsequent qtrs till now.

gardenia is accumulating ktc share?

with the right game plan in exploiting the huge Indonesia market, KTC can fly to the moon. East Malaysia market is dwarfed by the former.

with exclusive right for distribution of gardenia products in East Malaysia and Indonesia (huge population),will KTC be another Khee San in the making?

this laggard to catch up with other tech penny stocks.

third wave should surpass 22c.

met first tp, sold half.

congrats, thesteward and dompeilee.

good qr results to be announced latest by next week. Still waiting at higher level to exit.

met tp. cleared all at 16c. laptop breakdown, bought a new one foc.

Appasia is now distributing red packets.

usa/china trade war is good for palm oil but trade peace in which china is persuaded to buy tens of million tons of soya is not.

slow n steady. Be careful when it sprints.

The China investor is accumulating shares from Pang in open market?

KIM TECK CHEONG CONSOLIDATED BERHAD

Date of change
09 Dec 2019
Name
TAN SRI DATUK SERI PANGLIMA RICHARD MALANJUM
Age
67
Gender
Male
Nationality
Malaysia
Designation
Chairman
Directorate
Independent and Non Executive
Type of change
Appointment
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Others
LLB(Hons)(Lond)
University of London (External)

2
Others
Barrister at Law
Gray's Inn London

3
Professional Qualification
Advocate and Solicitor
High Court of Sabah and Sarawak

4
Professional Qualification
Barrister ( Australian Capital Territory)

Australian Capitol Territory (ACT) Bar

5
Others
Trained Mediator
Mahkamah Sabah & Sarawk


Working experience and occupation
He began his legal career in 1975 upon graduation as an administrative officer cum legal officer with the State Attorney Chambers until 1981 when he resigned to go into private practice.

He had a successful legal practice until he was appointed in 1992 as a Judicial Commissioner of the High Court of Sabah and Sarawak.

In 1993 he was elevated as a High Court Judge of the High Court of Sabah and Sarawak.

In 2002 he was elevated to the Court of Appeal and thereafter to the Federal Court in 2005.

In July 2006 he was appointed the Chief Judge of the High Court of Sabah and Sarawak until his appointment as the Chief Justice of Malaysia in 2018.

He had presented papers in many international and national conferences during his tenure as a Judge.
Directorships in public companies and listed issuers (if any)
NIL.
Family relationship with any director and/or major shareholder of the listed issuer
N/A.
Any conflict of interests that he/she has with the listed issuer
N/A.
Details of any interest in the securities of the listed issuer or its subsidiaries
N/A.




Announcement Info
Company Name
KIM TECK CHEONG CONSOLIDATED BERHAD
Stock Name
KTC
Date Announced
09 Dec 2019
Category
Change in Boardroom
Reference Number
C03-09122019-00001

12:11 AM
前首席大法官任金德昌主席

（亚庇9日讯）金德昌集团（KTC，0180，创业板），委任退休联邦法院首席大法官丹斯里里察马拉尊为主席，接棒今日退休的拿督卡玛库阿特拉。该集团向交易所报备，现年...

Former chief justice of malaysia. Richard, was appointed as the independent non-executive chairman of KTC and Berjaya Land. Fake news?

interesting stock. May hit 34c to flush out weak holders and then rockets up to touch 50c.

MAKING PROFITS IN THE LATEST 6 CONSECUTIVE QTRS. ELIGIBLE FOR MAIN BOARD TRANSFER.

potential stock for privatisation with 50c per share buy-out.

Similar case with NovaMsc where a major shareholder is allocated 420m icps share at 1c in the ICPS RI/PLACEMENT ISSUE proposal with exercise price fixed at 4c, 50% discount to its pre-proposal stock price and the most current NTA. This profit making tech company with healthy account and sound order book plunged 40% immediately post proposal. IMHO, the bod members dun hv the interest of the other shareholders at heart in proposing the PI exercise by suppressing the teap price and giving a huge discount to the teap price in determining the exercise price. Moreover, the placement proposal may hv violated the bursa constitution of 10% threshold of current NOSH of the company, besides its methodology in determining the price of placement share based on past 1 year price movement instead of the most recent 5 days ones.

Phew, another sterling qr. Just buy and hold till foreigners, esp kiasu Singaporeans, come and swoop up its vacant units in Johore next year when the minimum house price for foreigners is lowered to 500k.

28-Feb-2018
14-Mar-2018
DIVIDEND
Final Dividend
RM 0.03

15-Feb-2017
01-Mar-2017
DIVIDEND
Final Dividend
3%

26-May-2016
13-Jun-2016
DIVIDEND
Interim Dividend
3.5%

25-Feb-2016
12-Apr-2016
DIVIDEND
Final Dividend
3.0000%

12-Jun-2015
24-Jun-2015
DIVIDEND
Interim Dividend
3.5000%

03-Mar-2015
10-Apr-2015
DIVIDEND
Final Dividend
3%

May reward loyalists 6.5% dividend next year.

Waah, revenue and eps r rising by leaps n bounds in last 3 qrts. Strong order book for capital equipments?

management is quite positive on company's future prospect. Expecting them to give good comments tomorrow.

entry price of insas is above 13c if u take into account the 2:1 share consolidation. Shrew investor like insas may hv a 2 years plan for dgsb. If the majority share-holder is not worried, y should u?

Third drive.

u lose strength if u r on denial mode. u can survive if u hv the bravery to admit the truth and make necessary changes to rectify the mistakes.

jual tanah. eps tambah 8c utk qe dec.

pang72, what's the name of i-stone in investing.com platform?

Posted by Apple Juice > Aug 24, 2019 9:26 AM | Report Abuse
Trust me, if China doesn't do deal, years from now, we will be talking how China this China that but China then will be years behind the curve!
Answer: Qing emperor was subservient to the west. What happen to china eventually at the demise of the empire? Y want china to continue Qing's feat to be shamed n humbled by other countries.