SiewLeong

SiewLeong | Joined since 2021-03-10

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2021-03-15 17:51 | Report Abuse

@sgx130883 I agreed with you today. The other counters are down but MKH continued the rally. Whether he's trained from other plantations or is Tan Sri Lee's nephew, never mind as long as he helps MKH plantation. And MKH plantation helps MKH share go up.

(Siew Leong, the annual report showed that their plantation results were strong and consistent. Even the plantation big boys only have highest 23 tonne per hectare. But MKH has 30 tonne per hectare! To me, it does not matter if the Plantation Director Dato Lee was from IOI or KLK or is Tan Sri Lee's nephew. To me, what is important is that he is still young in his 40s and has managed this plantation for many years and could deliver such good results. I buy MKH because it is very undervalued and has strong upside with its plantation. I would suggest that they increase their plantation portfolio for future earnings.)

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2021-03-10 15:31 | Report Abuse

From MKH website, these are the 6 top people:

1. Tan Sri Dato Chen Kooi Chiew @ Cheng Ngi Chong, Tan Sri Datuk Chen Lok Loi, Datuk Chen Fook Wah and Dato’ Chen Way Kian are same family people.

(The 2 Tan Sri Chen very experienced.)

2. Dato’ Chong Yong Han graduated from Lincoln University, New Zealand with Bachelor of Commerce (Valuation and Property Management) in year 1994 and obtained his MBA (Real Estate) in year 2000 from University of Western Sydney, Australia and has experience in property development and construction related businesses. He specializes in development planning and marketing.

(Property result must improve. Can he u-turn MKH property's downtrend?)

3. Dato’ Lee Khee Meng is passionate about sustainable palm oil practises and has been an international delegate at Indonesia Palm Oil Conferences since 2012. He has been regularly invited by authorities and industry players to share his views on policies, initiatives, and innovative practices relevant to the oil palm industry.

(Plantation result good. Is he related to the 2 Tan Sri Lee from IOI plantation and KLK plantation?)

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2021-03-10 15:00 | Report Abuse

Dato’ Lee Khee Meng
Plantation Director

Malaysian, Male, Aged 42

He holds a Bachelor of Science (Honours) in Economics and Management from University of London, UK. He had further undertaken Certified Credit Professional examinations from the Institute of Bankers Malaysia.

Having started his career as a corporate banker in Malaysia, he moved on to management roles in other industries, with exposure in Southeast Asia and Europe. In 2011, he began his career with MKH Berhad and currently heads the Group's agriculture division.

He is passionate about sustainable palm oil practises and has been an international delegate at Indonesia Palm Oil Conferences since 2012. He has been regularly invited by authorities and industry players to share his views on policies, initiatives, and innovative practices relevant to the oil palm industry.

Stock

2021-03-10 15:00 | Report Abuse

Dato’ Chong Yong Han
Property Director

Malaysian, Male, Aged 49

He was appointed as a Property Manager in Property Development Department of MKH Berhad and was later promoted to General Manager of Property Department in December 2002, Group Senior General Manager in April 2007 and Property Director in March 2013.

He graduated from Lincoln University, New Zealand with Bachelor of Commerce (Valuation and Property Management) in year 1994 and obtained his MBA (Real Estate) in year 2000 from University of Western Sydney, Australia.

He has more than 19 years of experience in property development and construction related businesses. He specializes in development planning and marketing.

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2021-03-10 14:59 | Report Abuse

Dato’ Chen Way Kian
Deputy Property Director

Malaysian, Male, Aged 36

He holds a Bachelor of Business from University of Technology, Sydney. He joined MKH Berhad in 2005 and has been appointed as the Deputy Property Director of MKH Berhad on March 2015. Prior to his appointment to the present position, he was Special Assistant to the Group Executive Chairman since 2011. He has been in the property development and agricultural sectors for more than 13 years.

He is the son of Tan Sri Dato’ Chen Kooi Chiew @ Cheng Ngi Chong and the nephew of Tan Sri Datuk Chen Lok Loi and Datuk Chen Fook Wah who are members of the Board of the Company.

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2021-03-10 14:59 | Report Abuse

Datuk Chen Fook Wah
Deputy Managing Director

Aged 64, Male, Malaysian

Datuk Chen Fook Wah holds a Master of Business Administration from University of Wales. He was appointed to the Board on 25 November 1999 and holding the present position as Deputy Managing Director since 19 January 2005. He is currently a member of the Executive Committee and also a Director of GK Resort Berhad, a subsidiary of MKH Berhad. He was admitted to the Board of Valuers and Real Estate Agent of Malaysia in 1986. Prior to joining the Group, he was with Guthrie Trading Sdn. Bhd. from 1973 to 1974 and Hilton Realty from 1975 to 1978.

He is the brother of Tan Sri Dato’ Chen Kooi Chiew @ Cheng Ngi Chong and Tan Sri Datuk Chen Lok Loi. He has no conflict of interest with the Company.

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2021-03-10 14:58 | Report Abuse

Tan Sri Datuk Chen Lok Loi
Group Managing Director

Aged 68, Male, Malaysian

Tan Sri Datuk Chen Lok Loi holds a Bachelor of Business Studies (Marketing) from Monash University, Australia. He was appointed to the Board on 31 July 1984 and holding the present position as Group Managing Director since 19 January 2005. He is also a member of the Executive Committee and a Director of GK Resort Berhad and Intelek Murni (M) Berhad, both subsidiaries of MKH Berhad.

He is the recipient of “The Edge Malaysia Outstanding Property CEO Award 2018”, “CIDB’s Malaysian Construction Industry Excellence Awards CEO of The Year Award 2015” and “Real Estate and Housing Developers’ Association (“REHDA”) Personality Award 2013”. He has 39 years of experience in property development and construction related businesses and is the past Chairman of Perbadanan PR1MA Malaysia. He is a patron of REHDA Malaysia and serves as a National Council and Executive Committee Member of REHDA Malaysia as well as the Board of Advisors for Malaysia Shopping Malls Association.

He is an active committee member in various government-private sector organisations that formulate policies governing the housing and real estate industry; holding current positions as the Advisory Council Member of Construction Labour Exchange Centre Berhad and member of PEMUDAH Special Task Force on Kuala Lumpur City Hall. An advocate of healthy living, he is also the President of the Race Walkers’ Association of Malaysia.

Tan Sri Datuk Chen Lok Loi is the brother of Tan Sri Dato’ Chen Kooi Chiew @ Cheng Ngi Chong and Datuk Chen Fook Wah.

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2021-03-10 14:58 | Report Abuse

Tan Sri Dato Chen Kooi Chiew @ Cheng Ngi Chong
Group Executive Chairman

Aged 77, Male, Malaysian

Tan Sri Dato’ Chen Kooi Chiew @ Cheng Ngi Chong serves as the Group Executive Chairman since 30 October 2006. He was appointed to the Board on 27 September 1979 and is also a member of the Group’s Board of Directors and Executive Committee as well as Director of Intelek Murni (M) Berhad, a subsidiary of MKH Berhad.

Other than real estate and property development, he has successfully led the Group to establish and develop oil palm plantation as one of MKH’s present core businesses. To-date, he has been involved in business for about 60 years, of which 42 years were in property development and construction industry and 28 years were in plantation sector.

In recognition of his vast knowledge and experience in the business industry, he was the recipient of “World Chinese Economic Summit Lifetime Achievement Award 2017” and “The International Real Estate Federation (FIABCI) Malaysia Property Man of the Year 2013”.

He is generous in supporting community and educational causes and is also the Chairman for Hulu Langat Chinese & Commerce Association as well as Chairman for Yu Hua National Primary and Secondary School Board.

Tan Sri Dato’ Chen Kooi Chiew @ Cheng Ngi Chong is the brother of Tan Sri Datuk Chen Lok Loi and Datuk Chen Fook Wah. He has no conflict of interest with the Company.

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2021-03-10 14:54 | Report Abuse

Malaysia palm oil production kept declining. Yet MKH plantation could have consistent good results. MKH's boss must be very smart to go into the plantation business. Can support this share.

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2021-03-10 14:50 | Report Abuse

Malaysia's palm oil inventories fell more than expected in February as production declined to its lowest in five years and imports plunged, industry regulator data showed on Wednesday.

Stockpiles in the world's second-largest producer of palm oil fell 1.8% from January to a three-month low of 1.3 million tonnes, according to Malaysian Palm Oil Board (MPOB) data.

Crude palm oil production fell 1.85% from the previous month to 1.11 million tonnes, marking a fifth straight month of declines, as a labour shortage and adverse weather conditions continued to curb yields.

"Production was lower compared to market estimates," said Marcello Cultrera, institutional sales manager & broker at Phillip Futures in Kuala Lumpur.

"Imports which saw a 47% month-on-month decline were way lower while domestic consumption were higher than expectations," he added.

Exports slumped 5.5% to 895,556 tonnes, their lowest since February 2007, the MPOB said.