KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

3.01

Today's Change

-0.01 (0.33%)

Day's Change

2.97 - 3.06

Trading Volume

858,500


19 people like this.

6,306 comment(s). Last comment by multi-bagger 2 days ago

Posted by rew12345 > 2017-02-07 22:22 | Report Abuse

The Board of Directors of Kelington is pleased to announce that the Company has on 6 February 2017 entered into a Sales and Purchase Agreement of Shares (“SPA”) with the following parties for the acquisition of 3,528,000 ordinary shares of RM0.01 each, representing 49% of the total issued and paid-up capital of HITI Engineering (M) Sdn. Bhd. (Company No. 151260-M) (“HITI”) for a total consideration of RM303,121.65 (Ringgit Malaysia Three Hundred Three Thousand and One Hundred Twenty One and Cents Sixty Five only) [“Acquisition of Shares”]:-

1. Chang Chin Sia (NRIC No. 620731-08-5675);
2. Ng Boon Hock (NRIC No. 541019-08-5553); and
3. Francis Chia Mong Tet (NRIC No. 510801-05-5117).

In consequent thereto, HITI shall become a subsidiary of the Company, upon the completion of acquisition of 49% equity interest in HITI.

HITI was incorporated on 25 February 1986 and has an issued and paid-up capital of RM72,000.00 comprising 7,200,000 ordinary shares of RM0.01 each. The principal activities of HITI are trading, design and construction of clean room and high technology plants.

The Acquisition of Shares have no material effect on earnings per share nor net assets per share of Kelington Group for year ending 31 December 2017.

None of the Directors and/or Major Shareholders of the Company and/or persons connected with Directors and/or Major Shareholders has any interest, direct or indirect, in the Acquisition of Shares.

This announcement is dated 6 February 2017.

char1234

5,299 posts

Posted by char1234 > 2017-02-08 08:41 | Report Abuse

buy a 300k company ...what the strategy on this ?

LilyLL

661 posts

Posted by LilyLL > 2017-02-08 10:07 | Report Abuse

Why no signal up!

Nikmon

3,000 posts

Posted by Nikmon > 2017-02-08 10:11 | Report Abuse

reverse......down today

LilyLL

661 posts

Posted by LilyLL > 2017-02-08 10:58 | Report Abuse

Yesterday I bought 365 today down shit loss

LilyLL

661 posts

Posted by LilyLL > 2017-02-08 13:38 | Report Abuse

Why nobody goreng so quiet

Nikmon

3,000 posts

Posted by Nikmon > 2017-02-08 15:10 | Report Abuse

cut loss lo....

piechan

6 posts

Posted by piechan > 2017-02-10 08:38 | Report Abuse

Stil can buy?

Posted by Nabil Munir > 2017-02-10 09:32 | Report Abuse

hahaha 40sen...come on...

LilyLL

661 posts

Posted by LilyLL > 2017-02-10 09:35 | Report Abuse

Buy more lah

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-10 12:18 | Report Abuse

More is coming !!

LilyLL

661 posts

Posted by LilyLL > 2017-02-10 14:48 | Report Abuse

Very strong support 380 today cannot up to 400 lah Wait next week lah

Posted by Nabil Munir > 2017-02-10 15:37 | Report Abuse

Hahahaha 0.395.. okay what if u buy 0.360/0.365..

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-10 15:45 | Report Abuse

QR is around the corner ! !

Posted by Nabil Munir > 2017-02-10 15:52 | Report Abuse

LilyLL : ok what u buy 0.365 n now 0.395..see the chart why price can up..

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-10 15:56 | Report Abuse

Target price 55sen !!

LilyLL

661 posts

Posted by LilyLL > 2017-02-10 16:07 | Report Abuse

Now Oledi 395 confirm closing 400 lah

LilyLL

661 posts

Posted by LilyLL > 2017-02-10 18:07 | Report Abuse

I sell all 395 before 5:00pm see Monday it down I buy again take profit first

excelyou

1,255 posts

Posted by excelyou > 2017-02-10 19:08 | Report Abuse

Another RGB

Posted by Nabil Munir > 2017-02-10 20:43 | Report Abuse

Hahahaha..monday sure meletup

Posted by jimmylee123 > 2017-02-10 20:50 | Report Abuse

TP ?

bracoli

2,579 posts

Posted by bracoli > 2017-02-10 23:25 | Report Abuse

55c

Posted by Nabil Munir > 2017-02-11 10:43 | Report Abuse

Monday fifo..

char1234

5,299 posts

Posted by char1234 > 2017-02-12 09:27 | Report Abuse

i feel Monday is likely profit taking...hv been uptrend for days already

LilyLL

661 posts

Posted by LilyLL > 2017-02-12 13:53 | Report Abuse

Ya Oledi uptrend for days

Nikmon

3,000 posts

Posted by Nikmon > 2017-02-12 21:30 | Report Abuse

up 25% in 4 days.. though it will down on last Friday but it din't, it may surprise us again tomorrow, maybe lah.

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-13 09:18 | Report Abuse

yeap!! more is coming !!!

RichJeEn

29 posts

Posted by RichJeEn > 2017-02-13 11:12 | Report Abuse

I'm dreaming i can sell this counter at 0.45 then collect back when it down :)

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-13 11:38 | Report Abuse

will surpass 50sen this week.

MrRoy

409 posts

Posted by MrRoy > 2017-02-13 16:24 | Report Abuse

Ahh.. Opening at JCY

bracoli

2,579 posts

Posted by bracoli > 2017-02-13 19:54 | Report Abuse

Settle down rest first

Olga

773 posts

Posted by Olga > 2017-02-13 23:29 | Report Abuse

Hi Chee yong.. i would like to congrat u here..

cheeyong My surname is Eng, olga! This kgb is undervalue stock.. tp 40 sen
25/11/2016 09:23

Olga nice to meet u cheeyong.. thx for ur info.
25/11/2016 09:38

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-14 09:07 | Report Abuse

strong buy!!

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-14 09:22 | Report Abuse

chinese billionaire will inject business module inside KGB . china is a huge and potential market .

Nikmon

3,000 posts

Posted by Nikmon > 2017-02-14 14:05 | Report Abuse

low liquidity, high risk if syndicate play this counter.

excelyou

1,255 posts

Posted by excelyou > 2017-02-14 14:25 | Report Abuse

Coming quarter result will be the next catalyst

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-14 14:39 | Report Abuse

reiterated TP 55sen

Nikmon

3,000 posts

Posted by Nikmon > 2017-02-15 09:14 | Report Abuse

going down soon :(

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-15 09:29 | Report Abuse

it a solid counter, will pick up soon . once everthings is finalised.

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-16 10:57 | Report Abuse

QR expect to release impressive results

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-17 11:08 | Report Abuse

pick up soon!

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-17 16:01 | Report Abuse

0.400 very strong support for this level , its a good sign for entry.

Nikmon

3,000 posts

Posted by Nikmon > 2017-02-17 17:07 | Report Abuse

new website, http://kelington-group.com/, the company involved in Pr1ma Rumah project......haha

Posted by bobby159753 > 2017-02-20 00:12 | Report Abuse

Hu keqin is not the Chinese billion aire. Same name but not the same person.

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-20 09:49 | Report Abuse

Volume and price going up!!
TP 55sen!

cstrader

937 posts

Posted by cstrader > 2017-02-20 20:20 | Report Abuse

Good 2017 pick

dompeilee

11,888 posts

Posted by dompeilee > 2017-02-20 21:39 | Report Abuse

Bought 100,000 @ 41 and 41.5c today

bracoli

2,579 posts

Posted by bracoli > 2017-02-20 22:23 | Report Abuse

Dompeilee so confident?

dompeilee

11,888 posts

Posted by dompeilee > 2017-02-21 08:47 | Report Abuse

We'll see...

GemSeekers

994 posts

Posted by GemSeekers > 2017-02-21 09:12 | Report Abuse

Reiterate TP 55sen!!

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