Citadel9999 Stock: [KANGER]: KANGER INTERNATIONAL BHD

Aug 2, 2021 11:35 PM | Report Abuse

@Hasli1987. Actually, I am a newbie in this counter. It's vaccine stories brought me into this counter. At the middle of the vaccine dreams related to Kanger. Hope my dreams will be a reality.

No offence dear Hasli1987.
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Thank you Citadel9999... You also can match my August 2, 2021 with my new comment on Feb 10, 2022. It should be the updated story of my involvement in this counter....


Stock: [KANGER]: KANGER INTERNATIONAL BHD

Feb 10, 2022 10:27 AM | Report Abuse

The current comments and facts from other members about my investment in Kanger was 85% true. The fact is, I invested in Kanger for i'ts plan to be involved in vaccine business. Started to buy some shares at around 10.5 sen (forget already). After that, price drop further.

I keep averaging the price and also subscribe for the RI. And later bought some extra WB to add up the WB which I got from the RI. Total investment in Kanger is around RM78,000.

As I said before, to much to suffer if I CL. Still waiting and hope for the clues based on my collected info on their prospects in the future. For others, TAYOR.

Citadel9999 diam, now 0.185 equal to pre conso 0.0185. How someone in deep loss like u can give advice to others????? haha soon bankrupt this mzm
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Yes I'm at loss. But I think I will not bankrupt. I'm still under eomployment and I don't have any loan related to my investment...

JuliusCeasar MZM2511 could be apart of them. Becareful from now on.

whistlebower99 MZM...very likely a paid promoters to scam newbies and newcomers. Shavemyfurm another likely paid promoter, now quietly enjoying shaving his armpit in the parlour

mager1144 wow kanger early morning red red haha get out now before it go back to 0.05

fl888 Hope can be like Pasukhas….by next week..0.02cts and then ESOS and PPs at 0.015cts.

JJPTR..... Kanger revenue last few qtr only about 1.5m, yet can employ 12 directors.

-------------------------

If Shavemyfurm and I are the promoters, who are all of you. The same spammer a.k.a speculator gang who are in cahoot with wistlebower99 a.k.a stocjraider????

wistlebower99. You are the stock killer..... As claimed by other peoples:

-------------

.....By scenery: Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

Those ppl lost until bankrupt, don't commit suicide go 2 find him out n ask him 2 compensate your losses.

and:

.......By Mikeycc: stockraider aka id :

1. gohku
2. value_seeker
3. BILLC
4. Koey
5. whistlebower99
6. thehoff
7. invest_malaysia

@wistlebower99. You are the stock killer..... As claimed by other peoples:

-------------

.....By scenery: Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

Those ppl lost until bankrupt, don't commit suicide go 2 find him out n ask him 2 compensate your losses.

and:

.......By Mikeycc: stockraider aka id :

1. gohku
2. value_seeker
3. BILLC
4. Koey
5. whistlebower99
6. thehoff
7. invest_malaysia

@MatDangz..
Satu-satunya ID MZM2511.

https://klse.i3investor.com/servlets/cube/post/mzm2511.jsp

JJPTR MZM2511, yes the directors pay are per year total.
You know the facts about Kanger quite detail
Btw ,the 60m job with Asset Kayamas, got full payment or not?
I assume you are working in Pasukhas, right?
-------------
RM60 million whether has been paid or not is not important in accounting. What important is the work has been done and billed to the client.

Pasukhas. Never interested even as to be a shareholder. He He
By the way, I'm a public accounting @ economics teacher by profession.
Can't be an agent of any company or any operator.
Just a part-timer in investing - Just a small investor only.

@wistlebower99. I'm still believing what I believed....

You are the stock killer..... As claimed by other peoples:

-------------

.....By scenery: Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

Those ppl lost until bankrupt, don't commit suicide go 2 find him out n ask him 2 compensate your losses.

and:

.......By Mikeycc: stockraider aka id :

1. gohku
2. value_seeker
3. BILLC
4. Koey
5. whistlebower99
6. thehoff
7. invest_malaysia

Stock: [KANGER]: KANGER INTERNATIONAL BHD

Feb 9, 2022 3:30 PM | Report Abuse

JJPTR heard Kanger is involved in Asset Kayamas construction job in Genting highland. Has the job started?
------------

Revenue breakdown: 6-month FPE 30 September 2021.

Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000.

Revenue from construction works RM60,813,000. Total revenue RM68,956,000.


IS IT CLEAR, DEAR SPAM SPECULATOR???

Stock: [KANGER]: KANGER INTERNATIONAL BHD

Feb 9, 2022 3:05 PM | Report Abuse

@JJPTR. You are so good in mathematics. Of course, it's necessary for the spam speculator to be like that.

Even the math calculation also can be manipulated. It's mathematically wrong dear speculator. He He

All the details of the remuneration of Directors as noted by JJPTR from Kanger Annual Report 2021 are on named basis for the FPE 2021. Means the annual pay for the directors, and not a monthly pay.

@JJPTR..... Kanger revenue last few qtr only about 1.5m, yet can employ 12 directors.
----------

Can check the quarterly revenue. JJPTR is the worst in mathematics. He He
Plus the pure spammer speculator who always give untrue facts.

https://klse.i3investor.com/servlets/stk/fin/0170.jsp

Con or no con, I'm going to see if any improvement on Kanger's FA in the in coming QR result.
Too tired already investing in the counter which is targeted by speculative spammers......

Currently, still holding the shares. Still holding for a long term view. TAYOR

.............

Kanger already in the process to dispose its bamboo business in the PRC and will focus on the new business activities in Malaysia..

SOME NOTES ABOUT THE DISPOSAL OF BAMBOO BUSINESS AND THE FUTURE PROSPECTS OF THE COMPANY.

1. Kanger Group's objective of streamlining its businesses to focus on construction segment, as well as to unlock the value and monetise Kanger's investment in Shenzhen Kanger group of companies, which is principally involved in trading of bamboo flooring, bamboo furniture and related products, that has been loss-making since FYE 31 March 2021.

# The company is proposing to dispose the unprofitable business.

## The Disposal Consideration would result in a pro forma gain of RM3.44 million to Kanger.

2. Earlier in June 2021, since the diversification of Kanger, the construction business has overtaken the bamboo manufacturing and trading segment as the main revenue contributor to the Group, as exhibited in its latest unaudited consolidated financial statements for the 6-month FPE 30 September 2021.

As part of its strategy to expand its construction segment, the Group had lined up several growth initiatives through organic and inorganic means with the long term objective of increasing its revenue contribution of its construction business going forward. In addition to its involvement in the project management of several construction projects (such as Antara @ Genting Highlands, Axon Bukit Bintang and The Hipster @ Taman Desa)

# The revenue tremendously increased with a dismal profit.

Revenue breakdown: 6-month FPE 30 September 2021. Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000. Revenue from construction works RM60,813,000. Total revenue RM68,956,000.

## The revenue will be sustained at least for several QR as the current order book value of the construction projects is of about RM1.0 bilion.

### Hope the profit margin from the constrution segment can uplift the profitability of the company.

3. The Group had also recently expanded its service offering within the construction segment through the acquisition of a 51% equity interest in Sung Master Holdings Sdn Bhd, which is principally involved in sales and trading of building materials.

# The acquisition of Sung Master will positively enhance our financial performance as Sung Master is a profitable company. For the full-year (ended June 30 2021), we expect Sung Master to deliver an estimated net profit and revenue of about RM20.0 million and RM115.0 million respectively," said Kanger executive director Steven Kuah Choon Ching said.

## Kanger said Sung Master had consistently delivered a profitable performance over the past three financial years (FY), from FY ended January 2018 up to the audited 17-month of FY ended June 2021 and the latest unaudited 10-month ended April 2021.

### The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.The 2QR 2022 ended on 30 Sept 2021.
The contribution from the Sung Master acquisition will be realised in the in coming 3QR 2022.


4. The Board of Directors of Kanger wishes to announce that Ganzhou Kanger Industrial Co. Ltd., a wholly-owned indirect subsidiary of the Group had on 29 September 2021 received a letter of intent from Huizhou ZhongNeng Construction Ecological Resources Technology Co., Ltd. for disposal of properties which include two commercial buildings and land located in Ganzhou City, China for approximately China Renminbi RMB400.0 million (equivalent to RM258.9 million).

# Based on an assumption that Ganzhou Kanger Industrial Co. Ltd is the owner of the said two commercial buildings and land located in Ganzhou City which under a disposal proposal, the disposal of the said assets probably will give Kanger several million Ringgit of profit to be recorded in its future related quarterly report.

@MatDangz. Selagi tak delist, harapan sepatutnya masih ada. He He

Those who bought the shares @1.5 and 2 sen before conso earn the profit.

The current comments and facts from other members about my investment in Kanger was 85% true. The fact is, I invested in Kanger for i'ts plan to be involved in vaccine business. Started to buy some shares at around 10.5 sen (forget already). After that, price drop further.

I keep averaging the price and also subscribe for the RI. And later bought some extra WB to add up the WB which I got from the RI. Total investment in Kanger is around RM78,000.

As I said before, to much to suffer if I CL. Still waiting and hope for the clues based on my collected info on their prospects in the future. For others, TAYOR.

...........

Con or no con, I'm going to see if any improvement on Kanger's FA in the in coming QR result.
Too tired already investing in the counter which is targeted by speculative spammers......

Currently, still holding the shares. Still holding for a long term view. TAYOR

.............

Kanger already in the process to dispose its bamboo business in the PRC and will focus on the new business activities in Malaysia..

SOME NOTES ABOUT THE DISPOSAL OF BAMBOO BUSINESS AND THE FUTURE PROSPECTS OF THE COMPANY.

1. Kanger Group's objective of streamlining its businesses to focus on construction segment, as well as to unlock the value and monetise Kanger's investment in Shenzhen Kanger group of companies, which is principally involved in trading of bamboo flooring, bamboo furniture and related products, that has been loss-making since FYE 31 March 2021.

# The company is proposing to dispose the unprofitable business.

## The Disposal Consideration would result in a pro forma gain of RM3.44 million to Kanger.

2. Earlier in June 2021, since the diversification of Kanger, the construction business has overtaken the bamboo manufacturing and trading segment as the main revenue contributor to the Group, as exhibited in its latest unaudited consolidated financial statements for the 6-month FPE 30 September 2021.

As part of its strategy to expand its construction segment, the Group had lined up several growth initiatives through organic and inorganic means with the long term objective of increasing its revenue contribution of its construction business going forward. In addition to its involvement in the project management of several construction projects (such as Antara @ Genting Highlands, Axon Bukit Bintang and The Hipster @ Taman Desa)

# The revenue tremendously increased with a dismal profit.

Revenue breakdown: 6-month FPE 30 September 2021. Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000. Revenue from construction works RM60,813,000. Total revenue RM68,956,000.

## The revenue will be sustained at least for several QR as the current order book value of the construction projects is of about RM1.0 bilion.

### Hope the profit margin from the constrution segment can uplift the profitability of the company.

3. The Group had also recently expanded its service offering within the construction segment through the acquisition of a 51% equity interest in Sung Master Holdings Sdn Bhd, which is principally involved in sales and trading of building materials.

# The acquisition of Sung Master will positively enhance our financial performance as Sung Master is a profitable company. For the full-year (ended June 30 2021), we expect Sung Master to deliver an estimated net profit and revenue of about RM20.0 million and RM115.0 million respectively," said Kanger executive director Steven Kuah Choon Ching said.

## Kanger said Sung Master had consistently delivered a profitable performance over the past three financial years (FY), from FY ended January 2018 up to the audited 17-month of FY ended June 2021 and the latest unaudited 10-month ended April 2021.

### The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.The 2QR 2022 ended on 30 Sept 2021.
The contribution from the Sung Master acquisition will be realised in the in coming 3QR 2022.


4. The Board of Directors of Kanger wishes to announce that Ganzhou Kanger Industrial Co. Ltd., a wholly-owned indirect subsidiary of the Group had on 29 September 2021 received a letter of intent from Huizhou ZhongNeng Construction Ecological Resources Technology Co., Ltd. for disposal of properties which include two commercial buildings and land located in Ganzhou City, China for approximately China Renminbi RMB400.0 million (equivalent to RM258.9 million).

# Based on an assumption that Ganzhou Kanger Industrial Co. Ltd is the owner of the said two commercial buildings and land located in Ganzhou City which under a disposal proposal, the disposal of the said assets probably will give Kanger several million Ringgit of profit to be recorded in its future related quarterly report.

@JJPTR. THIS COUNTER IS A CHINAMAN COUNTER WHICH YOU ALWAYS SAID AS A CONMAN COUNTER.

You are so good to talk kok here. I think you have a big mission here to support wistlebower99 a.k.a stockraider as a spammer a.k.a speculator...

Or you also wistlebower99 with his/her different ID? Very hardworking here... He He

Those who bought the shares @2 sen - 1.5 sen before the consolidation exercises maybe want to sell the shares with some gain.

For the long term investors, which hold shares at higher cost....
and still believe the prospects of the company .... maybe still want to hold it.... DO WE??

Citadel666 only mzm is the conman here , everyday promote to lure ikan bilis buy before consolidation price
-------------
You better check your own thread ID!!!!

A conman which his/her post always been flagged and deleted. He He

https://klse.i3investor.com/servlets/cube/post/citadel666.jsp

Also can check mine.

https://klse.i3investor.com/servlets/cube/post/mzm2511.jsp

@JJPTR. You're so hardworking here dear spam speculator.

For your information,THIS COUNTER IS A CHINAMAN COUNTER WHICH YOU ALWAYS SAID AS A CONMAN COUNTER.

IS IT ANY BUSINESS HERE, INSTEAD OF TO ACHIEVE YOUR SPECULATOR GREED BY SPAMMING? YOU'RE I THINK IN THE SAME GANG WITH wistlebower99 a.k.a stockraider.

OR MAYBE THE SAME INDIVIDUAL WITH A DIFFERENT ID!!!! HE HE

Reminder....

.....By scenery: Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

Those ppl lost until bankrupt, don't commit suicide go 2 find him out n ask him 2 compensate your losses.

and:

.......By Mikeycc: stockraider aka id :

1. gohku
2. value_seeker
3. BILLC
4. Koey
5. whistlebower99
6. thehoff
7. invest_malaysia

Con or no con, I'm going to see if any improvement on Kanger's FA in the in coming QR result.
Too tired already investing in the counter which is targeted by speculative spammers......

Currently, still holding the shares. Still holding for a long term view. TAYOR

.............

Kanger already in the process to dispose its bamboo business in the PRC and will focus on the new business activities in Malaysia..

SOME NOTES ABOUT THE DISPOSAL OF BAMBOO BUSINESS AND THE FUTURE PROSPECTS OF THE COMPANY.

1. Kanger Group's objective of streamlining its businesses to focus on construction segment, as well as to unlock the value and monetise Kanger's investment in Shenzhen Kanger group of companies, which is principally involved in trading of bamboo flooring, bamboo furniture and related products, that has been loss-making since FYE 31 March 2021.

# The company is proposing to dispose the unprofitable business.

## The Disposal Consideration would result in a pro forma gain of RM3.44 million to Kanger.

2. Earlier in June 2021, since the diversification of Kanger, the construction business has overtaken the bamboo manufacturing and trading segment as the main revenue contributor to the Group, as exhibited in its latest unaudited consolidated financial statements for the 6-month FPE 30 September 2021.

As part of its strategy to expand its construction segment, the Group had lined up several growth initiatives through organic and inorganic means with the long term objective of increasing its revenue contribution of its construction business going forward. In addition to its involvement in the project management of several construction projects (such as Antara @ Genting Highlands, Axon Bukit Bintang and The Hipster @ Taman Desa)

# The revenue tremendously increased with a dismal profit.

Revenue breakdown: 6-month FPE 30 September 2021. Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000. Revenue from construction works RM60,813,000. Total revenue RM68,956,000.

## The revenue will be sustained at least for several QR as the current order book value of the construction projects is of about RM1.0 bilion.

### Hope the profit margin from the constrution segment can uplift the profitability of the company.

3. The Group had also recently expanded its service offering within the construction segment through the acquisition of a 51% equity interest in Sung Master Holdings Sdn Bhd, which is principally involved in sales and trading of building materials.

# The acquisition of Sung Master will positively enhance our financial performance as Sung Master is a profitable company. For the full-year (ended June 30 2021), we expect Sung Master to deliver an estimated net profit and revenue of about RM20.0 million and RM115.0 million respectively," said Kanger executive director Steven Kuah Choon Ching said.

## Kanger said Sung Master had consistently delivered a profitable performance over the past three financial years (FY), from FY ended January 2018 up to the audited 17-month of FY ended June 2021 and the latest unaudited 10-month ended April 2021.

### The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.The 2QR 2022 ended on 30 Sept 2021.
The contribution from the Sung Master acquisition will be realised in the in coming 3QR 2022.


4. The Board of Directors of Kanger wishes to announce that Ganzhou Kanger Industrial Co. Ltd., a wholly-owned indirect subsidiary of the Group had on 29 September 2021 received a letter of intent from Huizhou ZhongNeng Construction Ecological Resources Technology Co., Ltd. for disposal of properties which include two commercial buildings and land located in Ganzhou City, China for approximately China Renminbi RMB400.0 million (equivalent to RM258.9 million).

# Based on an assumption that Ganzhou Kanger Industrial Co. Ltd is the owner of the said two commercial buildings and land located in Ganzhou City which under a disposal proposal, the disposal of the said assets probably will give Kanger several million Ringgit of profit to be recorded in its future related quarterly report.

JJPTR heard Kanger is involved in Asset Kayamas construction job in Genting highland. Has the job started?
------------

Revenue breakdown: 6-month FPE 30 September 2021.

Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000.

Revenue from construction works RM60,813,000. Total revenue RM68,956,000.


IS IT CLEAR, DEAR SPAM SPECULATOR???

@JJPTR. You are so good in mathematics. Of course, it's necessary for the spam speculator to be like that.

Even the math calculation also can be manipulated. It's mathematically wrong dear speculator. He He

1. Kanger Group's objective of streamlining its businesses to focus on construction segment, as well as to unlock the value and monetise Kanger's investment in Shenzhen Kanger group of companies, which is principally involved in trading of bamboo flooring, bamboo furniture and related products, that has been loss-making since FYE 31 March 2021.

# The company is proposing to dispose the unprofitable business.

## The Disposal Consideration would result in a pro forma gain of RM3.44 million to Kanger.

@Good123. We as the bilis shareholders, what can we d0?
They follow the law instead of "may be" have an ULTERIOR motives which will give more benefit to them....

For example, the company has a right to determine "the eligible employees of the company". It's up to the company to choose who are eligible employees are. TAYOR

''''''''''''''''''''''''''''''''''''''''''''''''''

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of BCM wishes to announce that the following offer of options has been made on 12 January 2022 to the eligible employees of the Company and its subsidiaries to subscribe for the new ordinary shares in the Company ("Options") under the Company’s ESOS, the details of which are as follows:-

597.93m to be exact...

@fl888..... Almost 600 mil shares. To do correction.. He He

@Patience99.

No. 1:

Revenue 64,815,000
Cost of sales (63,395,000)
Gross profit 1,420,000

Note: Overall, the Group recorded loss before taxation of RM57.2 million in Q2 2022 due to insufficient
revenue generated to defray the expenses.

No. 2:
Administrative expenses RM50,423,000.

The Group has also incurred non-recurring expenses such as recognition of share-based payments amounting to RM5.8 million granted to the directors and employees of the Company, impairment loss on inventories amounting to RM13.3 million, impairment loss on trade and other receivables amounting to RM25.1 million and impairment loss on property, plant and equipment amounting to RM4.7 million in the current financial quarter and financial period-to-date.

Note: I think its suppose not for payment in terms of fees or allowance but in term of share-based payments ammounted RM5.8 mil. More expenses related to the impairment loss on trade, inventories property, plant and equipment. TAYOR

Maximum units can be subscribed by Mcquarie Bank = 1,205,827,550 units

Total units subscribed (up to 25 January 2022) = 1,205,827,550 units

Percentage of shares subscribed: 100.0 %

Outstanding balance shares unsubscribed = 0.00 units

Percentage of shares unsubscribed: 0.00 %

Total NOSH after the last subscription 8,211,117,079 unit of shares


On behalf of the Board, UOBKH wishes to announce that 47,400,000 Bornoil Shares were listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on 26 January 2022, which marks the completion of the Subscription.

The three substantial shareholders of Kanger (up to 21.12.21):

1. Sii Tung Nai (The party from Sung Master) 505,839,038 unit of shares (8.46 % shareholding)

2. Kuah Choon Ching - BOD of Kanger 819,513,179 unit of shares (13.707 % shareholding)

3. Miss Chai Woon Yun - The Daughter of Tan Sri Chai Kin Kong 416,700,000 unit of shares ( % shareholding)

#JJPTR. There are 3 substantial shareholders...

wistlebower99. I already know you well. And its your intention to support the misleading info as your spamming material. You are pure spamming speculator.
Been caught with bad intention and diverted the main issue. He He

@JJPTR. Just to remind all of us that if the substantial shareholders who have 5% or more have to report their disposal of shares at Bursa.

@wistlebower99. You suppose to be good in math..
The NTA 0.077 was the NTA before conso. How come it stayed at 0.077 while the shares has been reduced .

Just use your own logic and not to use unreliable negative info. Just for a sake to do spamming and speculative activities. Be fair and just...

tklim NTA 0.077
....................

Typical lier and conman giving unreliable and untrue info !!!!!!!

@Patience99. Thanks. Agree. I'm already realised it.

It is their goals in doing the spamming activities. Pressing the price down and after that fishing for any gain which may appear latter. He He

Reminder....

.....By scenery: Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

Those ppl lost until bankrupt, don't commit suicide go 2 find him out n ask him 2 compensate your losses.

and:

.......By Mikeycc: stockraider aka id :

1. gohku
2. value_seeker
3. BILLC
4. Koey
5. whistlebower99
6. thehoff
7. invest_malaysia

and:

How about JJPTR and newguy0801????

@investor2021trading.. Just the information for you. TAYOR


Kanger already in the process to dispose its bamboo business in the PRC and will focus on the new business activities in Malaysia..

SOME NOTES ABOUT THE DISPOSAL OF BAMBOO BUSINESS AND THE FUTURE PROSPECTS OF THE COMPANY.

1. Kanger Group's objective of streamlining its businesses to focus on construction segment, as well as to unlock the value and monetise Kanger's investment in Shenzhen Kanger group of companies, which is principally involved in trading of bamboo flooring, bamboo furniture and related products, that has been loss-making since FYE 31 March 2021.

# The company is proposing to dispose the unprofitable business.

## The Disposal Consideration would result in a pro forma gain of RM3.44 million to Kanger.

2. Earlier in June 2021, Kanger Since the diversification, the construction business has overtaken the bamboo manufacturing and trading segment as the main revenue contributor to the Group, as exhibited in its latest unaudited consolidated financial statements for the 6-month FPE 30 September 2021.

As part of its strategy to expand its construction segment, the Group had lined up several growth initiatives through organic and inorganic means with the long term objective of increasing its revenue contribution of its construction business going forward. In addition to its involvement in the project management of several construction projects (such as Antara @ Genting Highlands, Axon Bukit Bintang and The Hipster @ Taman Desa)

# The revenue tremendously increased with a dismal profit.

Revenue breakdown: 6-month FPE 30 September 2021. Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000. Revenue from construction works RM60,813,000. Total revenue RM68,956,000.

## The revenue will be sustained at least for several QR as the current order book value of the construction projects is of about RM1.0 bilion.

### Hope the profit margin from the constrution segment can uplift the profitability of the company.

3. The Group had also recently expanded its service offering within the construction segment through the acquisition of a 51% equity interest in Sung Master Holdings Sdn Bhd, which is principally involved in sales and trading of building materials.

# The acquisition of Sung Master will positively enhance our financial performance as Sung Master is a profitable company. For the full-year (ended June 30 2021), we expect Sung Master to deliver an estimated net profit and revenue of about RM20.0 million and RM115.0 million respectively," said Kanger executive director Steven Kuah Choon Ching said.

## Kanger said Sung Master had consistently delivered a profitable performance over the past three financial years (FY), from FY ended January 2018 up to the audited 17-month of FY ended June 2021 and the latest unaudited 10-month ended April 2021.

### The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.The 2QR 2022 ended on 30 Sept 2021.
The contribution from the Sung Master acquisition will be realised in the in coming 3QR 2022.


4. The Board of Directors of Kanger wishes to announce that Ganzhou Kanger Industrial Co. Ltd., a wholly-owned indirect subsidiary of the Group had on 29 September 2021 received a letter of intent from Huizhou ZhongNeng Construction Ecological Resources Technology Co., Ltd. for disposal of properties which include two commercial buildings and land located in Ganzhou City, China for approximately China Renminbi RMB400.0 million (equivalent to RM258.9 million).

# Based on an assumption that Ganzhou Kanger Industrial Co. Ltd is the owner of the said two commercial buildings and land located in Ganzhou City which under a disposal proposal, the disposal of the said assets probably will give Kanger several million Ringgit of profit to be recorded in its future related quarterly report.

@investor2021trading..
1. Kanger enters Genting Highlands with RM142.9 million investment in serviced suites.

My answer: YES.

2. Outside of Malaysia Kanger has two investment properties in China, contributing a total rental income of about RM11.1 million a year.

My answer: Before this, YES. But currently not sure because....

---- The Board of Directors of Kanger wishes to announce that Ganzhou Kanger Industrial Co. Ltd., a wholly-owned indirect subsidiary of the Group had on 29 September 2021 received a letter of intent from Huizhou ZhongNeng Construction Ecological Resources Technology Co., Ltd. for disposal of properties which include two commercial buildings and land located in Ganzhou City, China for approximately China Renminbi RMB400.0 million (equivalent to RM258.9 million).

# Based on an assumption that Ganzhou Kanger Industrial Co. Ltd is the owner of the said two commercial buildings and land located in Ganzhou City which under a disposal proposal, the disposal of the said assets probably will give Kanger several million Ringgit of profit to be recorded in its future related quarterly report.

3. The group is now investing RM77 million in a glove manufacturing facility in Ijok, Selangor, to produce medical, surgical, and/or nitrile gloves.

My answer: I think the proposed project suppose to be halted. The progress stopped up to the company bought 3 pieces of land, in order to facilitate the gloves manufacturing project..

@Peace99.... So am I... He He

My RM78K investment in Kanger mother share and WB has been changed to be a long term investment..

In the short term, I think KLSE also can not gives us the hope... TAYOR

@pineapple123. The company in the past always making money except in a number of quarterly reports.

https://klse.i3investor.com/servlets/stk/fin/0187.jsp


Its also showed in the company latest equity report:

THE LATEST EQUITY OF BCMALL

EQUITY (RM)

Share capital 153,570,000
Merger reserves(16,049,000)
Revaluation reserves 5,109,000
Warrant reserve (29,004,000)
Other reserve 29,004,000

@@@Retained earnings 33,281,000

I think, Sanichi, BCMall Director Hoo Swee Guan, Mr Kiu Chu Seng and Energem Corp. are related to the emergence of the two new substantial shareholders.

WHAT FOR AND WHAT ARE THEIR MOTIVES ?...... WATCH OUT IN FUTURE...

@fl888. Yes. Based on the company consolidation proposal report...

and:

now, reported NTA is RM0.078

Energem Corp.
Level 3, Tower 11, Avenue 5, No. 8,
Jalan Kerinchi, Bangsar South
59200 Wilayah Persekutuan Kuala Lumpur, Malaysia
Attn: Swee Guan Hoo
Chief Executive Officer

------------

Swee Guan Hoo is also related to BCMall...

Type of Board Committee Remuneration Committee
Date of change 13 Dec 2021
Salutation MR
Name HOO SWEE GUAN
Age 39
Gender Male
Nationality Malaysia
Type of change Resignation
Designation Member of Remuneration Committee
Directorate Executive

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218301

Energem Corp. Contact:

Energem Corp.
Level 3, Tower 11, Avenue 5, No. 8,
Jalan Kerinchi, Bangsar South
59200 Wilayah Persekutuan Kuala Lumpur, Malaysia
Attn: Swee Guan Hoo
Chief Executive Officer
sghoo@energemcorp.com
+ (60) 3270 47622

and.............. Its the same address with BCMall subsidiary...

BC Medicare Contact:

BC Medicare Sdn Bhd
Level 3, Tower 11, Avenue 5,
No.8 Jalan Kerinchi Bangsar South,
59200 Kuala Lumpur, Malaysia

Tel: +603 2704 7622
Email: info.bcmedicare@gmail.com

Energem Corp.
Tower 11 (Sanichi)
----------
Is it Energem related to Sanichi ????

As we know that BCMall is related to Sanichi...

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3189741

1. No more vaccine dreams as the Head of Agreement between Kanger Medical International Sdn. Bhd., a wholly-owned subsidiary of the Company and Sparmak Medical Equipment Trading LLC (the "Parties") for purchase of inactivated SARS-COV-2 Vaccines (Vero Cell) vaccine developed by Beijing Institute of Biological Products Co. Ltd., an affiliate of SINOPHARM CNBG ("HOA") has been terminated.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3229765

2. The Board of Directors of Kanger wishes to announce that the novel coronavirus 2019-nCoV Rapid Detention Kit (LAMP) and isothermal nucleic acid amplification analyzer is pending approval from Medical Device Authority (MDA), Ministry of Health Malaysia.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3229766

pineapple123 Who are these 2 new sub SH?
----------
Mr. Kiu Cu Seng... Is it the same person with the employee of Energem Corp., MR Cu Seng Kiu ?????


Energem Corp.
Tower 11 (Sanichi)
Level 10 Avenue 5, No. 8 Jalan Kerinchi Bangsar South
Kuala Lumpur 59200
Malaysia
Sector(s): Financial Services
Industry: Shell Companies

Full Time Employees: Mr. Cu Seng Kiu Chief Financial Officer


Energem Corp. (ENCPU)
NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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10.080.00 (0.00%)
At close: January 24 11:05AM EST

Maximum units can be subscribed by Mcquarie Bank = 1,205,827,550 units

Total units subscribed (up to 25 January 2022) = 1,205,827,550 units

Percentage of shares subscribed: 100.0 %

Outstanding balance shares unsubscribed = 0.00 units

Percentage of shares unsubscribed: 0.00 %

Total NOSH after the last subscription 8,211,117,079 unit of shares

Will188 Last time I also argue with u guys..and protect Bornoil. Now I understood.
--------------
It's true. Maybe its your style.

But for me as I'm still holding the shares, I will keep sharing the positiveness of the counter until I cut loss or sell the shares with a profit. Will not badmouth nor keep quiet if I have something to share. He He