MZM2511

MZM2511 | Joined since 2020-07-26

Investing Experience Intermediate
Risk Profile Moderate

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Stock

2021-12-22 17:16 | Report Abuse

zzzzzzz MZM apasal tak ada post MOU punya dah putus asa kah .atao habis tipu already
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Tunggu saja 1QR 2022 akhir bulan ini. Mungkin akan jadi panduan untuk putus asa atau hold.

Telur sudah dihujung tanduk..

Harap-harap ini bukan QR terakhir untuk saya di dalam thread ini...

Stock

2021-12-22 15:59 | Report Abuse

Apa pun.......

As I know, stockraider a.k.a wistlebower99, BILLC and his gang continously spamming ghost story here to dampen the stock price.

They are the stock killers who will earn by pressuring the stock price and do speculative trading.

I think you, stockraider a.k.a wistlebower99 and the gang are in the final stage and keep ready to pickup the shares at lower price.

Stock

2021-12-22 15:58 | Report Abuse

stockraider Tak ala lah!

Lu ingat gang saya boloh meh ??

Warrant worth kosong, tapi bayar Rm 0.005 ah ??
-----------

Kenapa kosong??? Selepas conso nanti Kanger nak delisted kah ?
Jangan jadi booooooooooooolooooooooooooh loh!

in fact: soalan ini pun awak tak boleh jawab...


stockraider Expect UNREALISED LOSSES IN INVESTMENT IN OTHER PENNY STOCKS

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

ARE YOU REFERING TO KANGER OR OTHER COUNTERS?

Please clarify how many investment has been done by Kanger in any penny stocks...

Stock

2021-12-22 15:49 | Report Abuse

stockraider Pakai otak lah!

Rm 0.005 ala buyer...lu tau boh!
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Buyer yang ada sekarang dan buyer yang sudah beli pagi tadi siapa ?

Saya suspek mesti banyak dari geng you kan ???? He He

Stock

2021-12-22 15:44 | Report Abuse

stockraider Just sell warrant lah!
-----------
Is it worth to sell at 0.005 ?? And who is going to buy it ?

As I know, stockraider a.k.a wistlebower99, BILLC and his gang continously spamming ghost story here to dampen the stock price.

They are the stock killers who will earn by pressuring the stock price and do speculative trading.

I think you, stockraider a.k.a wistlebower99 and the gang are in the final stage and keep ready to pickup the shares at lower price.

Stock

2021-12-22 11:04 | Report Abuse

stockraider a.k.a wistlebower99, BILLC and his gang continously spamming ghost story here to dampen the stock price.

They are the stock killers who will earn by pressuring the stock price and do speculative trading.

I think you, stockraider a.k.a wistlebower99 and the gang are in the final stage and keep ready to pickup the shares at lower price.

Stock

2021-12-22 11:03 | Report Abuse

stockraider a.k.a wistlebower99, BILLC and his gang continously spamming ghost story here to dampen the stock price.

They are the stock killers who will earn by pressuring the stock price and do speculative trading.

I think you, stockraider a.k.a wistlebower99 and the gang are in the final stage and keep ready to pickup the shares at lower price.

Stock

2021-12-22 10:27 | Report Abuse

What a joke from a multi ID Con Master / speculator.

I AM BRAVE ENOUGH TO BE A MAN.
I'm trying my best to believe that I'm INDIVIDUALLY still fighting with the spammer/speculator group, including you, wistlebower99 a.k.a stockraider.


AND TO ADD:

1. Mikeycc stockraider aka id :

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

2. 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.

WHAT SAY YOU ??

Stock

2021-12-22 10:23 | Report Abuse

What a joke from a multi ID Con Master / speculator.

I AM BRAVE ENOUGH TO BE A MAN.
I'm trying my best to believe that I'm INDIVIDUALLY still fighting with the spammer/speculator group, including you, wistlebower99 a.k.a stockraider.


AND TO ADD:

1. Mikeycc stockraider aka id :

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

2. 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.

WHAT SAY YOU ??

Stock

2021-12-22 10:08 | Report Abuse

We should not believe this Con Spammer / Speculator stockraider / wistlebower99 and its gang, becouse of this......

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.

Stock

2021-12-21 22:13 | Report Abuse

whistlebower99 ......Hope you share your thoughts on the potential business profit to drive the price up to 50 or higher?

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

SORRY. IT'S AN UPDATED ONE......

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.

Stock

2021-12-21 15:16 | Report Abuse

cc. Profit arising from the sales in quoted securities during current financial year = RM3,420,471.58

,,,,, If there is no more losses on sales in quoted securities occured after Nov 19 up to Nov 30 2021, this profit can be reflected in the next 4QR 2021. It will be more positive to the company's profitability.

and:
Total Cost = RM14,624,471.00
Book Value = RM14,624,471.00
Market Value = RM36,265,370.00

,,,,,, Just imagine the profit gained if the company do a revaluation of the book value of the investment in quoted shares. Its more than RM20 milion excess in market value compared to its book value.

..... Also, if the company can dispose the share at a profitable price, the profit arising from the sales in quoted securities will be increased.

..... BUT TO BE FAIR, THE SHARE PRICE OF THE QUOTED SECURITIES CAN BE UNSUSTAINABLE. BUT IT ALSO CAN BE APRECIATED FURTHER.

After all. TAYOR

Stock

2021-12-21 15:11 | Report Abuse

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

Stock

2021-12-21 14:29 | Report Abuse

stockraider Very important to remember loh, both uncensored and 2511 are the same person , and it is the secret agent of fintec and it is trying very hard to con your hard earn monies loh!

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

What a joke from a multi ID Con Master / speculator.

I AM BRAVE ENOUGH TO BE A MAN.
I'm trying my best to believe that I'm INDIVIDUALLY still fighting with the spammer/speculator group, including you, wistlebower99 a.k.a stockraider.


AND TO ADD:

1. Mikeycc stockraider aka id :

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

2. 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.

WHAT SAY YOU ??

Stock

2021-12-21 14:27 | Report Abuse

stockraider Very important to remember loh, both uncensored and 2511 are the same person , and it is the secret agent of fintec and it is trying very hard to con your hard earn monies loh!

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

What a joke from a multi ID Con Master spammer / speculator.

I AM BRAVE ENOUGH TO BE A MAN.
I'm trying my best to believe that I'm INDIVIDUALLY still fighting with the spammer/speculator group, including you, wistlebower99 a.k.a stockraider.


AND TO ADD:

1. Mikeycc stockraider aka id :

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

2. 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.

WHAT SAY YOU ??

Stock

2021-12-21 14:26 | Report Abuse

Hello. zzzzzzz. Are you okay?

Stock

2021-12-21 14:13 | Report Abuse

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

2. Kuah Choon Ching - BOD of Kanger 819,513,179 unit of shares

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

Stock

2021-12-21 13:57 | Report Abuse

BILLC Remember sung conmaster disposed kanger at 4.5 sen,,,,
--------------
Why BILLC never mention that Sung Master still retained 505,839,038 unit of shares in Kanger or 8.46 % shareholding in Kanger ?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3208768

Stock

2021-12-21 13:18 | Report Abuse

stockraider U should chase 2511 for compensation, due to all his kon pennies recommendations that cause u to lose huge monies loh!

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

We should not believe this Con Spammer / Speculator stockraider / wistlebower99 and its gang, because of this......

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.

WHAT SAY YOU ??

Stock

2021-12-21 12:53 | Report Abuse

stockraider U should chase 2511 for compensation, due to all his kon pennies recommendations that cause u to lose huge monies loh!

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

We should not believe this Con Spammer / Speculator stockraider / wistlebower99 and its gang, becouse of this......

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.

WHAT SAY YOU ??

Stock

2021-12-21 12:24 | Report Abuse

stockraider Correctloh...cannot trust kon stock mah!

Avoid mah!

----------------------
Correct. Please be cautiously follow this CON SPAMMER / SPECULATOR stockraider a.k.a wistlebower99 and and its gang of spammer /speculator.

In fact, stockraider a.k.a wistlebower99 and the gang of spammers and speculators keep spamming many counters to dampen the price. IT CAUSED GREAT LOSSES TO THE CURRENT SHAREHOLDERS, ESPECIALLY THOSE WHO ARE TRAPPED AT HIGHER PRICES.

stockraider a.k.a wistlebower99 and the gang of spammers and speculators are waiting for milking from the speculation activities......

Other info to look at refering to this CON SPAMMER / SPECULATOR stockraider a.k.a wistlebower99 and and its gang:

1. Mikeycc stockraider aka id :

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

2. 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.

WHAT SAY YOU ??

Stock

2021-12-21 12:15 | Report Abuse

stockraider Raider save many people from being con mah!
--------
in fact, stockraider a.k.a wistlebower99 and the gang of spammers and speculators keep spamming many counters to dampen the price. IT CAUSED GREAT LOSSES TO THE CURRENT SHAREHOLDERS, ESPECIALLY THOSE WHO ARE TRAPPED AT HIGHER PRICES.

stockraider a.k.a wistlebower99 and the gang of spammers and speculators are waiting for milking from the speculation activities......

Stock

2021-12-21 12:02 | Report Abuse

stockraider Very intelligent observation loh!
---------
And this also an intelligent observation.

1. Mikeycc stockraider aka id :

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

2. 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.

WHAT SAY YOU ??

Stock

2021-12-21 11:54 | Report Abuse

@BILLC. How about you???
Are you disturbed because your plan and modus operandi been exposed.

Are you going to say that all what you and your spammer /speculator gang are THE SAINTS who want to help others...

PLEASE DON'T CHEAT US....

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer / speculator still waiting for the lower price to buy in. He He..

------
In fact:

Mikeycc stockraider aka id :

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

Stock

2021-12-21 11:48 | Report Abuse

@stockraider

YOU ARE TRYING HARD TO SPIT THE VENOM IN SO MANY COUNTERS, TO MAKE SURE THE CURRENT SHAREHOLDER WILL CUT LOSS WITH A BIG LOSSES !!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer / speculator still waiting for the lower price to buy in. He He..

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR OLBIES WHO ARE STILL HOLDING THE SHARES AT LOSS....
WE SHOULD NOT TRUST HIM, THE CON SPAMMER/SPECULATOR AND THE GANG WHO USED THE GHOST STORIES TO DAMPEN THE SHARE PRICES OF SOME COUNTERS

Stock

2021-12-21 11:36 | Report Abuse

stockraider a.k.a wistlebower99.... Lu pakai otak lah!

Think mah!
----------------
YA. KITA ORANG MEMANG PAKAI OTAK DAN PERHATIKAN INI....

YOU ARE TRYING HARD TO SPIT THE VENOM IN SO MANY COUNTERS, TO MAKE SURE THE CURRENT SHAREHOLDER WILL CUT LOSS WITH A BIG LOSSES !!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer / speculator still waiting for the lower price to buy in. He He..

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR OLBIES WHO ARE STILL HOLDING THE SHARES AT LOSS....
WE SHOULD NOT TRUST HIM, THE CON SPAMMER/SPECULATOR AND THE GANG WHO USED THE GHOST STORIES TO DAMPEN THE SHARE PRICES OF SOME COUNTERS.

Stock

2021-12-21 09:56 | Report Abuse

errata.. HOPEFULLY THE PROFIT FROM SUNG MASTER ACQUISITION WILL BE RECORDED IN THE 3QR 2022).

Stock

2021-12-20 16:14 | Report Abuse

whistlebower99 MZM, what is your average cost?
-----------

Around 6.5 sen. If necessary, have to hold it a little bit longer.

In short term, BSKL also overally no good.

Stock

2021-12-20 15:24 | Report Abuse

@ JKPTR a.k.a Gtrade

Kanger is going to dispose all their bamboo businesses in PRC and will focus on the new business activities in Malaysia.

The Board is of the view that the Disposal Consideration is justifiable after taking into
consideration the following factors:-

i. The Disposal Consideration would result in a pro forma gain of RM3.44 million
to Kanger, based on the computation as set out above; and

ii. The Proposed Disposal is in line with Kanger Group's objective of streamlining
its businesses to focus on construction segment as its growth prospect moving
forward, as well as to unlock the value and monetise Kanger's investment in
Shenzhen Kanger group of companies, with the proceeds earmarked for the
purposes of utilisation as set out in Section 3 of this announcement.

and:

Earlier in June 2021, Kanger Group had diversified its principal activities to include construction
and related activities. 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:-

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.

Stock

2021-12-20 15:23 | Report Abuse

JKPTR MZM2511,DO you have any idea about the 2 news i posted? Thank

1. From selling the asset worth 259m rgt to selling the company holding the asset foe only 1.99m rgt? Anyone can explain?

2. News 1..6 months ago.... Kanger International Bhd is selling its two commercial buildings and land in Ganzhou city, China for RM258. 9 million. KUALA LUMPUR: Kanger International Bhd is selling its two commercial buildings and land in Ganzhou city, China for RM258. 9

-----------
My answer which is only based on my predictions:

ANSWER NO. 1

The sale consideration ammounted RM1,993,000 will be included all assets and liabilities and creditors right owned by the sub subsdidiary, Shenzhen Kanger Holding Co. Ltd., not all the assets and liabilities of Shenzhen Kanger Holding Co. Ltd. parent company, Ganzhou Kanger Industrial Co. Ltd.

Source:
The Vendor (Ganzhou Kanger) has agreed to sell and the Purchaser Xue YongXing has agreed
to purchase 35,900,000 Sale Shares, representing 100% equity interest in Shenzhen Kanger,
together with all rights attaching to the equity and all assets, debts and creditors' rights in
connection with the equity, for a total consideration of RMB3,000,000 (equivalent to
RM1,993,500), on the terms and conditions contained in the SSA ("Disposal Consideration").
Salient terms of the SSA are set out in Appendix I of this announcement

and:

The Proposed Disposal is in line with 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.


ANSWER NO. 2.

The selling of assets issue I think still not confirm whether the disposal of the sub subsidiary (Shenzhen Kanger Holding Co. Ltd.) will also included the sale of the said asset in your question no. 2.

Be noted that:
a. Kanger International owned 100% Kanger Investment (HK) Limited.

b. Kanger Investment (HK) Limited owned 100% Ganzhou Kanger Industrial Co. Ltd.

c. Ganzhou Kanger Industrial Co. Ltd.owned 100% in Shenzhen Kanger
Holding Co. Ltd. (the indirect subsidiary under disposal proposal).

d. Hope 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.

If yes, then its GOOD. If no, then its BAD.

And also be noted that, the proposed disposal of subsidiary is only for Shenzhen Kanger
Holding Co. Ltd. not the disposal for the subsidiary, Ganzhou Kanger Industrial Co. Ltd. which is the 100% subsidiary of Kanger Investment (HK) Limited.

BASED ON YOUR NO. 2 INFO, THE PROPOSED DISPOSAL OF ASSET WAS RELATED TO THE ASSETS OWNED BY Ganzhou Kanger Industrial Co. Ltd..

Stock

2021-12-20 12:46 | Report Abuse

@ stockraider a.k.a wistlebower 99..... 2511 kon people very busuk hati mah!

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

YES. AND YOU ARE THE SAINTS WHO ARE TRYING HARD TO SPIT THE VENOM IN SO MANY COUNTERS, TO MAKE SURE THE CURRENT SHAREHOLDER WILL CUT LOSS WITH A BIG LOSSES !!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer /speculator still waiting for the lower price to buy in. He He..

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR OLBIES WHO ARE STILL HOLDING THE SHARES AT LOSS....
WE SHOULD NOT TRUST HIM, THE CON SPAMMER/SPECULATOR AND THE GANG WHO USED THE GHOST STORIES TO DAMPEN THE SHARE PRICES OF SOME COUNTERS.

Stock

2021-12-20 12:40 | Report Abuse

@ stockraider a.k.a wistlebower 99.

YES. AND YOU ARE TRYING HARD TO SPIT THE VENOM IN SO MANY COUNTERS!!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer /speculator still waiting for the lower price to buy in. He He..

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR OLBIES WHO ARE STILL HOLDING THE SHARES AT LOSS....
WE SHOULD NOT TRUST HIM, THE CON SPAMMER/SPECULATOR AND THE GANG WHO USED THE GHOST STORIES TO DAMPEN THE SHARE PRICES OF SOME COUNTERS.

Stock

2021-12-20 12:40 | Report Abuse

@ stockraider a.k.a wistlebower 99.

YES. AND YOU ARE TRYING HARD TO SPIT THE VENOM IN SO MANY COUNTERS!!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer /speculator still waiting for the lower price to buy in. He He..

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR OLBIES WHO ARE STILL HOLDING THE SHARES AT LOSS....
WE SHOULD NOT TRUST HIM, THE CON SPAMMER/SPECULATOR AND THE GANG WHO USED THE GHOST STORIES TO DAMPEN THE SHARE PRICES OF SOME COUNTERS.

Stock

2021-12-20 12:30 | Report Abuse

stockraider Never ever trust kon fintec loh!
-----------

YOUR NAME IS TOO BAD ENOUGH TO SPIT ANY VENOM ABOUT THE OTHER PERSON WHO CONFRONT YOU IS OTHER PARTY'S AGENT.

DO YOU THINK THAT ALL THE PROMOTERS HERE ARE FINTEC AGENT?

IF YOU ARE THE CURRENT SHAREHOLDER OF THIS COUNTER, ARE YOU GOING TO BADMOUTH IT OR PROMOTE IT ?

THE REALITY IS YOU ARE THE CON SPAMMER / SPECULATOR WHO ARE IN SPECULATIVE MISSION IN THIS COUNTER AND ANOTHER NUMBER OF COUNTERS.....

Stock

2021-12-20 12:30 | Report Abuse

stockraider Never ever trust kon fintec loh!
-----------

YOUR NAME IS TOO BAD ENOUGH TO SPIT ANY VENOM ABOUT THE OTHER PERSON WHO CONFRONT YOU IS OTHER PARTY'S AGENT.

DO YOU THINK THAT ALL THE PROMOTERS HERE ARE FINTEC AGENT?

IF YOU ARE THE CURRENT SHAREHOLDER OF THIS COUNTER, ARE YOU GOING TO BADMOUTH IT OR PROMOTE IT ?

THE REALITY IS YOU ARE THE CON SPAMMER / SPECULATOR WHO ARE IN SPECULATIVE MISSION IN THIS COUNTER AND ANOTHER NUMBER OF COUNTERS.....

Stock

2021-12-20 12:30 | Report Abuse

stockraider Never ever trust kon fintec loh!
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YOUR NAME IS TOO BAD ENOUGH TO SPIT ANY VENOM ABOUT THE OTHER PERSON WHO CONFRONT YOU IS OTHER PARTY'S AGENT.

DO YOU THINK THAT ALL THE PROMOTERS HERE ARE FINTEC AGENT?

IF YOU ARE THE CURRENT SHAREHOLDER OF THIS COUNTER, ARE YOU GOING TO BADMOUTH IT OR PROMOTE IT ?

THE REALITY IS YOU ARE THE CON SPAMMER / SPECULATOR WHO ARE IN SPECULATIVE MISSION IN THIS COUNTER AND ANOTHER NUMBER OF COUNTERS......

Stock

2021-12-20 12:23 | Report Abuse

stockraider For your own good Keep very far away from konman 2511 loh!

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@ stockraider a.k.a wistlebower 99.

YES. AND YOU ARE TRYING HARD TO SPIT THE VENOM IN SO MANY COUNTERS!!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer /speculator still waiting for the lower price to buy in. He He..

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR OLBIES WHO ARE STILL HOLDING THE SHARES AT LOSS....
WE SHOULD NOT TRUST HIM, THE CON SPAMMER/SPECULATOR AND THE GANG WHO USED THE GHOST STORIES TO DAMPEN THE SHARE PRICES OF SOME COUNTERS.

HIS MAIN OBJECTIVE IS TO SPECULATE FOR HIS / HIS GANG'S OWN OBJECTIVES..

Stock

2021-12-20 12:18 | Report Abuse

stockraider Konman 2511 trying very hard below to defend himself loh!

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AND YOU ARE TRYING VERY VERY VERY HARD TO SPIT THE VENOM IN SO MANY COUNTERS!!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer /speculator still waiting for the lower price to buy in. He He..

Stock

2021-12-20 12:18 | Report Abuse

stockraider Konman 2511 trying very hard below to defend himself loh!

--------------
AND YOU ARE TRYING VERY VERY VERY HARD TO SPIT THE VENOM IN SO MANY COUNTERS!!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer /speculator still waiting for the lower price to buy in. He He..

Stock

2021-12-20 12:17 | Report Abuse

stockraider Konman 2511 trying very hard below to defend himself loh!

--------------
AND YOU ARE TRYING VERY VERY VERY HARD TO SPIT THE VENOM IN SO MANY COUNTERS!!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of the con spammer /speculator still waiting for the lower price to buy in. He He..

Stock

2021-12-20 12:00 | Report Abuse

stockraider Never ever trust kon fintec loh!
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Based on your involvement in many counters in BSKL, IS IT MEANS THAT ALL THAT COUNTERS ARE FINTEC RELATED COUNTERS.... WHAT A JOKE....

Stock

2021-12-17 19:33 | Report Abuse

@Valgrovest. Thank you for noting about Datuk Ambrose shareholding updates.
Never look at it before... Cheers

Stock

2021-12-17 15:51 | Report Abuse

whistlebower99 So much promotion !!!
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YES. AND YOU ARE TRYING HARD TO SPIT THE VENOM IN SO MANY COUNTERS!!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of spammer /speculator still waiting for the lower price to buy in. He He..

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR OLBIES WHO ARE STILL HOLDING KANGER SHARES AT LOSS....
WE SHOULD NOT TRUST HIM, THE CON SPAMMER/SPECULATOR AND THE GANG WHO USED THE GHOST STORIES TO DAMPEN THE SHARE PRICES OF SOME COUNTERS.

HIS MAIN OBJECTIVE IS TO SPECULATE FOR HIS / HIS GANG'S OWN OBJECTIVES....

Stock

2021-12-17 15:46 | Report Abuse

The con spammers / speculators are trying hard to spamm a venom in order to dampen the share price down. They wait for the opportunity to to collect the shares at a lower price. He He

I think JuliusCeaser, CITADEL, stockraider a.k.a wistlebower99 and the gang are in the final stage and keep ready to pickup the shares at lower price.

Stock

2021-12-16 19:56 | Report Abuse

@Noobie123 . I think Kanger is going to dispose all their bamboo businesses in PRC and will focus on the new business activities in Malaysia.

The Board is of the view that the Disposal Consideration is justifiable after taking into
consideration the following factors:-

i. The Disposal Consideration would result in a pro forma gain of RM3.44 million
to Kanger, based on the computation as set out above; and

ii. The Proposed Disposal is in line with Kanger Group's objective of streamlining
its businesses to focus on construction segment as its growth prospect moving
forward, as well as to unlock the value and monetise Kanger's investment in
Shenzhen Kanger group of companies, with the proceeds earmarked for the
purposes of utilisation as set out in Section 3 of this announcement.

and:

Earlier in June 2021, Kanger Group had diversified its principal activities to include construction
and related activities. 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:-

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.

Stock

2021-12-16 19:36 | Report Abuse

1. Kanger International owned 100% Kanger Investment (HK) Limited.

Kanger Investment (HK) Limited owned 100% Ganzhou Kanger Industrial Co. Ltd.

Ganzhou Kanger Industrial Co. Ltd.owned 100% in Shenzhen Kanger
Holding Co. Ltd. (the indirect subsidiary under disposal proposal).

2. Hope 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....

NOTE: If yes, then its GOOD. If no, then its BAD.


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Reference:

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).

Stock

2021-12-16 19:01 | Report Abuse

KANGER, NO MORE BAMBOO RELATED COMPANY????

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3219389

BUT, WHAT IS THE EFFECT TO KANGER' PLAN TO DISPOSE its 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) ?????

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3196769

Stock

2021-12-16 18:54 | Report Abuse

RATIONALE AND JUSTIFICATIONS FOR THE PROPOSED DISPOSAL

The Proposed Disposal is in line with 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.]

Earlier in June 2021, Kanger Group had diversified its principal activities to include construction
and related activities. 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 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 Board is of the view that the Proposed Disposal as timely as it presents the Group an
opportunity to unlock the value of its investment in its loss-making subsidiaries, namely
Shenzhen Kanger group of companies, and at the same time provide the Group a cash surplus
to be utilised for the purposes as set out in Section 3 of this announcement. The main proceeds
are mainly earmarked for the Group's working capital requirements, which would allow the
Group flexibility in respect of financial allocations for the operational requirements of its
construction segment, which in turn may allow the Group to carry out operations in a more
efficient manner