Posted by bugle > 2015-11-05 15:59 | Report Abuse

KULIM has more than 50, 000 hectares land banks in Johor which valued mostly dated back in 1997-98.

Posted by bugle > 2015-11-05 16:03 | Report Abuse

My piece of work dated back 8/04/2015

KULIM: Selling by KWAP, The Reason Why Its share price Dropped

http://klse.i3investor.com/blogs/Bugle/74354.jsp

Posted by wannabeinvestor > 2015-11-05 16:39 | Report Abuse

lol..Can I also say my piece of speculation on 24/March/2015 will Kulim privatise? hehe

Posted by bugle > 2015-11-05 17:01 | Report Abuse

Apr 13, 2015 03:07 PM | Report Abuse

Why? I bought 3, 3.05, 3.1, 3.2, 3.3 and highest 3.35 b4 ex. then 2.80, 2.7, 2.65 and now waiting for 2.60. Getting more and more attractive! Don't you think so? Why feel so........ I think it's a good opportunity to accumulate more when the price become cheaper. I believe the price is going to rebound soon. Hopefully before the release of next quarter result. See whether I'm right.

Posted by wannabeinvestor > 2015-11-05 17:06 | Report Abuse

the announcement didn't say when to resume trading...hopefully tmr got good news

Posted by cheoky > 2015-11-05 17:33 | Report Abuse

congrat

Posted by bugle > 2015-11-05 17:47 | Report Abuse

KULIM (MALAYSIA) BERHAD ("KULIM" OR THE "COMPANY")

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965

We wish to announce that the Board of Directors of Kulim (“Board”) has today received a letter from its major shareholder, Johor Corporation and parties acting in concert, requesting for the Company to undertake a selective capital reduction and repayment exercise pursuant to Section 64 of the Companies Act, 1965 (“Act”) (“Offer” or “Proposed SCR”). The Proposed SCR entails a capital repayment of the proposed cash amount of RM4.10 per ordinary share of RM0.25 each in Kulim held by the entitled shareholders of Kulim on an entitlement date to be determined later.

The Offer will remain open for the Board’s acceptance until 5.00 p.m. on 20 November 2015. The non-interested directors will deliberate on the Proposed SCR and upon consultation with an Independent Adviser to be appointed will decide on the next course of action. Accordingly, a further announcement will be made in due course.

Please refer to the letter of Offer for further details on the Proposed SCR.

This announcement is dated 5 November 2015.

Posted by paulthesotong > 2015-11-05 17:56 | Report Abuse

Bingo am I dreaming? Rm4.10 for cap repayment.

Posted by tjhldg > 2015-11-05 18:04 | Report Abuse

Posted by tjhldg > Nov 5, 2015 06:04 PM | Report Abuse X

huat aarrrrrrrrrrrrrrrrrrrrrrrr

kulimmmmmmmmmmmmmmmmm privatised 410


hahahaahhahahahahah

Posted by vape > 2015-11-05 18:16 | Report Abuse

Johor Corporation, which the largest shareholder of Kulim (Malaysia) Bhd has proposed to take the latter private via a selective capital reduction and repayment (SCR)of RM4.10 per share.

Posted by paulthesotong > 2015-11-05 18:29 | Report Abuse

Get Private ..take no prisoners.

Posted by Diamond7 > 2015-11-05 18:29 | Report Abuse

Wa !

Posted by hairi > 2015-11-05 18:52 | Report Abuse

If 10k shares neans rm41k or more? Confuse rm0.25 per share.

Posted by hairi > 2015-11-05 18:52 | Report Abuse

Hi

Posted by hairi > 2015-11-05 18:54 | Report Abuse

If 10k shares mean rm41k or more? Confuse with rm0.25 cent per share

Posted by big_fish > 2015-11-05 19:11 | Report Abuse

How many % wil successful privatize?anyone can tell?

Posted by calvintaneng > 2015-11-05 20:02 | Report Abuse

WOW,

ANOTHER STOCK RECOMMENDED BY

CALVIN TAN RESEARCH HITTING JACKPOT!

CALL TO BUY AT RM2.50

NOW JOHOR CORP OFFERS TO TAKE IT PRIVATE AT RM4.10

UP MORE THAN 50％ IN LESS THAN 6 MONTHS.

OTHERS ARE

SUPER ENTERPRIZE AT RM1.25. TAKEN PRIVATE AT RM3.80. UP 200％

AJIYA AT RM2.05. AJIYA UP 100％ TO RM4.10


THIS PROVES THAT VALUE INVESTING PAYS THE HIGHEST REWARD.

REWARD?

YES, A MILLION TIMES YES!

BUY VALUE STOCKS MISPRICED BY THE MARKET AND HOLDS UNTIL TRUE INTRINSIC VALUE EMERGES SOME DAY!

HIP HIP HOORAY!!

Posted by calvintaneng > 2015-11-05 20:07 | Report Abuse

KULIM IS NOW IN THE BAG.

ANOTHER TROPHY SHARE. OTHERS TAKEN PRIVATE WERE

PELANGI BHD, YTL CEMENT, MTD INFRAR, CIMA, PETALING GARDEN, AUSTRAL ENTERPRIZE AND MANY OTHERS.

ANOTHER VALUE STOCK MISPRICED BY THE MARKET

COMING SOON TO I3 INVESTORS FORUM

BY CALVIN TAN RESEARCH

WILL POST SOON

STAY TUNED.....

Posted by calvintaneng > 2015-11-05 20:58 | Report Abuse

Muscle?

Masculine?

Strong man?

YES! STRONG MEN RETAIN RICHES!!

YOU MUST BE STRONG TO KEEP VALUE SHARES LONGER TERM.

PLEASE GO TO PPG COUNTER FOR WRITE UP

BEST REGARDS,

CALVIN

Posted by Sarawak_Lakian > 2015-11-05 21:04 | Report Abuse

Many Lakian kena con by this calvin to buy Alam @ 60 sen ( now 50 sen),
ARMADA RM 1.30, now what? down 50% also

Gain 50% in KULIM ,losses in 50% in ARMADA & ALAM, NET = ZERO,


What sort of Lakian Talk are you taking, calvin?

Posted by calvintaneng > 2015-11-05 21:24 | Report Abuse

Don't worry about short term fluctuation.

Last time Calvin & Johor Sifu bought

KPS at 50 cents.

After Buying KPS in 2006 KPS (Kumpulan Perangsang Selangor)

dropped to 45 cents, then dropped to 42 cents!

Then KPS Crashed Below 40 cents to ALL TIME LOW of Only 39 cents!

So Blame Calvin?

NO!

Next Year in 2007

KABOOOOM KPS SHOT UP TO CROSS RM3.90 (UP 1,000%)

SO WHEN SHARE GETS CHEAPER IT'S OPPORTUNITY TO BUY EVEN CHEAPER!!

KULIM?

KABOOM

UPWARD

LIMITLESS

IN

MALAYSIA

NOW TAKEN PRIVATE BY JOHOR CORP

LAST TIME J CORP ALSO TOOK PRIVATE CALVIN OTHER SHARES

JOHOR LAND, QSR & KFC

HIP HIP HOORAY!!!

Posted by wannabeinvestor > 2015-11-05 21:34 | Report Abuse

Looks like I got my prediction correct made on 24march2015 hehe

Posted by big_fish > 2015-11-05 21:55 | Report Abuse

Calvintaneng duduk diam diam lah,lu not good enough lah.

Posted by bugle > 2015-11-05 22:19 | Report Abuse

Despite the offer, I think it's still undervalued, as its land banks were valued dated back 1997/98. The offer price should be higher to reflect the current value of its land banks. It's only fair to the minority shareholders if the offer take into account of these re-valued land banks. Agree?

Posted by calvintaneng > 2015-11-05 23:04 | Report Abuse

J Corp privatise Kulim at Rm4.10?

OK lah.

Last time Pelangi Bhd only gave 77 cents & MTD Infrar only offered 79 cents to take Gombak Toll Cash Cow private. So J Corp is quite fair.

Posted by big_fish > 2015-11-05 23:06 | Report Abuse

Yes,better accept this offer.

Posted by Eatenbyshark > 2015-11-06 08:35 | Report Abuse

wtf? warrant que at rm 1? overprice la...

Posted by Eatenbyshark > 2015-11-06 08:36 | Report Abuse

and the mother share why some people que at so high price...privatise at 4.10 only la...

Posted by hng33 > 2015-11-06 09:00 | Report Abuse

Bought Kulim at 3.86

Posted by hng33 > 2015-11-06 09:07 | Report Abuse

Sold back all at 3.92, realize quick contra gain

Posted by Kino Foo > 2015-11-06 09:07 | Report Abuse

3.91 can buy mah?

Posted by lskhin > 2015-11-06 09:08 | Report Abuse

FGV maybe privatise also. If govt fail to push the price back to IPO price before election, the only way is to privatise and re-list back after election.

Posted by cmcSandy026 > 2015-11-06 09:09 | Report Abuse

confirm privatised @4.10? Date?

Posted by lskhin > 2015-11-06 09:10 | Report Abuse

not yet confirm. open for board acceptance till 20 Nov 2015. There is a risk board will reject the offer.

Posted by Eatenbyshark > 2015-11-06 09:11 | Report Abuse

proposed only..

Posted by hng33 > 2015-11-06 09:17 | Report Abuse

Kino Foo, cmcSandy026

It need to take few month time, shareholder approval in EGM, but if success, 5% capital gain will still better than FD deposit. However, it dependent on investor risk profile and willingness to wait for few month time, 5% gain worth of investing or not, all up to individual discretion decision,

Posted by wannabeinvestor > 2015-11-06 09:17 | Report Abuse

hope the board reject, counter offer RM4.6 per share..lol

Posted by clp72 > 2015-11-06 09:20 | Report Abuse

personally i dont think this deal is good for the minority shareholders... CPO prices are set to increase due to El Nino. Company is cash rich and with the amount of shares they have purchased recently, very smart move by JCorp

Posted by alphajack > 2015-11-06 09:20 | Report Abuse

4.10 by today. easy money now lagging a bit

huat ahhhhhhhhhhhhhhh

Posted by Jimmy Lim > 2015-11-06 09:26 | Report Abuse

lai ar 5.1
heng ahhhhhhhhhhhh

Posted by janice > 2015-11-06 09:37 | Report Abuse

hng33 any idea when will be the EGM? TQ :)

Posted by hng33 > 2015-11-06 09:50 | Report Abuse

janice

It should be early next year, will buyback kulim at time closer to EGM to enjoy arbitrary gain if share price is still below offer price.

Posted by sudahkena > 2015-11-06 09:55 | Report Abuse

I also plan tu buy near to egm since global economic still not stable. . Still ve a chance I guess..

Posted by Davidleebs > 2015-11-06 09:56 | Report Abuse

JCorp has majority stake in Kulim, so it would be easy for them to push this through, no?

Posted by Eatenbyshark > 2015-11-06 10:01 | Report Abuse

ya...still got chance...now too high ady....crazy selling appear

Posted by firehawk > 2015-11-06 10:04 | Report Abuse

those bot today, may not be happy, bcos during waiting, waiting, waiting ...... the price will sliding, sliding, sliding .......

Posted by janice > 2015-11-06 10:04 | Report Abuse

Many thanks hng33 :)

Posted by cmcSandy026 > 2015-11-06 10:11 | Report Abuse

Is Jcorp playing tactic again? I am worry the market now is the hand of the big player who want a luxury vacation with his family n aids before Xmas.

Posted by paulthesotong > 2015-11-06 10:34 | Report Abuse

A Private and A General... EA T me EA T me..

Posted by alphajack > 2015-11-06 11:09 | Report Abuse

what is this 20 cents discount. Evening show later. kiki