Posted by speakup > 1 month ago | Report Abuse

I like Kuchai. A lot of good food there but I find parking there is a problem

Posted by Diamond7 > 1 month ago | Report Abuse

Yes
Later kuchai give you a basket of free gifts ... 🎁
Open the box!
U will find free "SBagan"😍

Posted by Diamond7 > 1 month ago | Report Abuse

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description (I) DISPOSAL OF SUBSTANTIALLY ALL THE ASSETS AND LIABILITIES IN KUCHAI DEVELOPMENT BERHAD ("KDB") TO SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD ("SG BAGAN") TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW ORDINARY SHARES IN SG BAGAN ("SG BAGAN SHARES") ("DISPOSAL"); AND

(II) DISTRIBUTION OF SG BAGAN SHARES HELD BY KDB ARISING FROM THE DISPOSAL TO ITS ENTITLED SHAREHOLDERS BY WAY OF A CAPITAL REDUCTION AND REPAYMENT AND DIVIDEND-IN-SPECIE ("DISTRIBUTION")

(COLLECTIVELY, "PROPOSALS")
We refer to the Company's announcements dated 29 December 2023, 28 February 2024, 18 March 2024, 7 May 2024, 26 June 2024, 3 July 2024, 12 July 2024, 30 July 2024, 23 September 2024, 3 October 2024 and 10 October 2024 as well as the Company's circular dated 15 April 2024 ("Circular") in relation to the Proposals. Unless otherwise stated, the definitions used herein shall have the same meaning as defined in the said announcements and Circular.



Reference is made to Section 4 of the Circular and the Company's announcement on 10 October 2024 in relation to the completion of the Disposal.



On behalf of the Board, RHB Investment Bank wishes to announce that, following the completion of the Disposal, an application was submitted to Bursa Securities on 11 October 2024 to seek the guidance of Bursa Securities on whether KDB is considered as a Cash Company under Paragraph 8.03 of the Listing Requirements.



The Company is currently pending a decision from Bursa Securities on the abovementioned matter.



This announcement is dated 11 October 2024

Posted by dompeilee > 1 month ago | Report Abuse

Considering both the 20c dividend AND the upcoming SBagan dividend in specie, the yield is an astounding 69.3% @ the current price of $2.16!

Lelong LELONG! By 11 Dec the price will almost surely be above $2.35!

Posted by AhPek > 1 month ago | Report Abuse

What happen if the effective date for the take over of Kuchai assets and liabilities is before 11 Dec?

Posted by dompeilee > 1 month ago | Report Abuse

I'm neither a lawyer nor a corporate M&A expert but doesn't the latest announcement imply that SBagan already owns all of Kuchai's former assets except its cash pile & its Semenyih land while the latter already owns 26.7 mil of the former's shares?

Posted by AhPek > 1 month ago | Report Abuse

Oh, the deal already done? I thought they going to fix a date for the actual transfer.

Posted by Diamond7 > 1 week ago | Report Abuse

Dividend in specie on 21-Nov-2024

216 per 1000

Posted by TheContrarian > 1 week ago | Report Abuse

Will Kuchai price adjust down after it goes ex-dividend? How much will it adjust down?

Posted by AhPek > 5 days ago | Report Abuse

After adjustment, 1.40???

Posted by mf > 5 days ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

43,417.66

-333.20

0.76%

Nasdaq

NASDAQ Composite

18,652.49

-455.15

2.38%

Posted by TheContrarian > 5 days ago | Report Abuse

Posted by AhPek > 8 hours ago | Report Abuse

After adjustment, 1.40???

How do you calculate to get RM1.40?

Posted by AhPek > 4 days ago | Report Abuse

Sorry. I think RM1.40 is the NTA not the adjusted price.

Posted by AhPek > 4 days ago | Report Abuse

Sg Bagan =5.65
Kuchai =2.02
2.02-(5.65 ×0.216)=0.80

Posted by multi530 > 3 days ago | Report Abuse

need to deduct dividend of 0.19 too?

Posted by TheContrarian > 3 days ago | Report Abuse

Dividend of 0.20 not 0.19, goes ex next month.

Posted by dompeilee > 13 hours ago | Report Abuse

Cut loss on 42% of my recently re-purchased Kuchai @ $2.03 yesterday & re-entered @ 78.5c today 66.7% more than what I SOLD...

Posted by LittleKnife > 12 hours ago | Report Abuse

anybody knows when do we receive the sbagan shares ?

Posted by zildjian > 11 hours ago | Report Abuse

2/12

Posted by titita > 7 hours ago | Report Abuse

dividend rm200 per 1000 shares pay on 2/12/24??

Posted by titita > 7 hours ago | Report Abuse

such big "frog"? or just some gimmick...?
\

Posted by Diamond7 > 1 hour ago | Report Abuse

Will continue to up up till close to dividend date!!!