1.80✔✔✔

lol, last minute push up.

son is crazy!

zzz,lazy to explain already.
死牛一边颈。

first,no matter how cheap the price in open market,PP price will be even lower.

second,PP only for institution investors.

because private placement will sell with discount price(5day average-10%discount),hence press down the price to get cheap share.

aiyo,mother nomovement.

because of private placement.wait until after private placement.

Type Announcement
Subject OTHERS
Description Bintai Kinden Corporation Berhad (BINTAI or Company)
- Letter of Award to Bintai Kindenko Pte Ltd
The Board of Directors of BINTAI is pleased to announce that Bintai Kindenko Pte Ltd., a 69.82% subsidiary of the Company has on 17 March 2016, accepted a Letter of Award from W’Ray Construction Pte Ltd to undertake a Sub-Contract for the supply, delivery, installation, completion and maintenance of Air-Conditioning and Mechanical Ventilation (“ACMV”) and Electrical System for the “Proposed Additions and Alterations to Existing 4-Storey Commercial Development (Northpoint Shopping Centre) involving New Linkages from Adjacent Development at Yishun Ave 2 / Yishun Central 1” (“Project”) in Singapore.



The Contract Sum of the Project is S$10,500,000.00 (Singapore Dollar Ten Million and Five Hundred Thousand) or equivalent to approximately RM31,418,100 (Ringgit Malaysia Thirty One Million Four Hundred Eighteen Thousand and One Hundred) based on the exchange rate of S$1:00 : RM2.9922 as of todate.



The Project is estimated to be completed by 31 July 2017.



This Project will not have any effect on the issued and paid up share capital of the Company and is not expected to have any material impact on the earnings, earnings per share, net assets per share and gearing of the Group for financial year ending 31 March 2016. However, it is expected to contribute positively towards the future earnings of BINTAI Group.



None of the Directors and/or major shareholders of BINTAI or persons connected with them have any interests, direct or indirect, in the Project.



This announcement is dated 17 March 2016.

search from KLSE screener will be faster.

wtf! bintai took project again!
31million ringgit,but the share price still zzz.

warrant up 5%,while mother up abit.

finally see some movement

faster settle PP.

这个股放一点点玩而已。

zzz

ya,waiting the bollinger band to expand.
consolidating now.

same.

why need fixed the price?
if first day 2.00,second day 1.95,third day 1.90,fourth day 1.85,fifth day 1.80,the board of director can use this reason "because price is not fixed,so we cancel PP" to prohibit issue cheap share?haha.
so,the lower the price,the cheaper they get.
why need fixed the price?

ya.
maybe price supported by those institution investors that cannot get the cheap share from PP,and price suppressed by those institution investors that get cheap share from PP.

current price still reasonable.

you said run for your life?hihihi.

hahahahaha,noob.

Post removed.Why?

type wrong,haha.

4.9M Abtrigate and 1.3M Project.

how you can get?
private placement only for institution investors,who are you?

because MAYBANK hired a lousy employee.

no support.

zzzz.

PE 5 still dont want buy,when to buy?

Strong support.

Haha,ya.
Many people lazy read the lengthy announcement,straight see the digit.

Today too quiet.

Oo.

In my statement, big boss not represent director.
I mean big shark,haha.
My statement make you confuse.

today Announcement any difference with 7/3/2016?
Why announce twice?

Wa!big boss sold 5k lot.

Ya, took project ,haha.

1. Introduction

The Board of Directors of Kimlun Corporation Berhad (“KIMLUN or the Company”) is pleased to announce that Lebuhraya Borneo Utara Sdn Bhd (“Awarder”) has awarded the contract for the Proposed Development and Upgrading of the Pan Borneo Highway in the State of Sarawak – Serian Round About to Pantu Junction (“Project”) to a joint venture company to be established between our wholly owned subsidiary, Kimlun Sdn Bhd (“KLSB”) and Zecon Berhad.



2. Information on The Project

1

Awarder

Lebuhraya Borneo Utara Sdn Bhd

2

Contract sum

RM 1,460,773,150.55

3

Project duration

48 months from the date of Letter of Award

4

Estimated completion date

End Mar 2020

5

Risk

The Company does not foresee any exceptional risk other than operational risks associated with the Project.



3. Information on The Joint Venture Company (“JVC”)

The JVC will be incorporated in Malaysia under the Companies Act, 1965 as a limited liability company, in due course. The equity interest of KLSB and Zecon in the JVC will be 30% and 70% respectively.

Upon the due incorporation of the JVC, the JVC will enter into a contract with the Awarder on the Project.

The Company will make appropriate announcement to Bursa Malaysia on the JVC pursuant to the Main Market Listing Requirements, in due course.

total projects of kimlun only 1.1B before Pan Borneo project, now total 1.54B?( kimlun 30% and zecon 70%)

just saw it from announcement.wakaka!

warrant T.T

haha

wakaka!

bintai-wa keep eating 0.14

?

So many sin ka lan.

haha

wa up16%