the proceed sales of land will resolve bank loan, resulting estimated annual interest savings of RM1.1million. then profit should be increase for subsequent quarters

land disposed, hope more cash for dividend

Reference is made to the announcements dated 21 October 2019 and 21 April 2020 in relation to the Proposed Disposal. Unless otherwise defined herein, all terms and acronyms used herein shall be the same as those defined in the previous announcements.



The Company wishes to announce that the terms of the conditional Sale and Purchase Agreement entered into between Halex Link Sdn Bhd and Plato Chemical (M) Sdn Bhd on 21 October 2019 for the Proposed Disposal have been fully satisfied and that the Proposed Disposal has been completed on 13 July 2020.



This announcement is dated 13 July 2020.

if each quarter give 1 cent dividend, at current price dividend yield will be 7.33%. if no rebound, also attractive dividend yield, just hold it.

its profit increased even MCO period, whereas some counters profit is dropped/loss during MCO period.

yes. collect more before rebound

PE high is due to bad QR last few quarters. should refer recent quarters of profit position