The Board of Directors of Malton Berhad ("Malton" or "Company") wishes to announce that, all of the ordinary resolutions set out in the Notice of Extraordinary General Meeting of the Company dated 15 August 2019, were approved at the Extraordinary General Meeting of the Company held today, 30 August 2019.
The voting in respect of all of the ordinary resolutions tabled was carried out by poll and the results were validated by Sharepolls Sdn Bhd, the Independent Scrutineer for the said meeting.
The details of the polling results are set out below.
Malton still has 1.1 billion unbilled sales to turn into huge profit soon...next 3 years to come financial result gonna be very strong...at 0.49 it is really undervalued
So the question everyone is asking is are they gonna maintain 2 sen first n Final dividend for financial year 2019 or reduce to 1.5 sen since net profit is reduced compared to last year...Coming years Malton Net gearing will be reducing close to Zero after its disposal of 0.49 stake in Pavillion 2 Bukit Jalil...Improved balance sheet coupled with increased net profit n good prospect of the success of Pavillion Brand should put Malton on the radar screen next year...
Malton divest Pavilion already greatly alleviate financial burden to build up the mall at cost which only able to commecial operate in 2021. The divestment mall also monetize the mall prematurely as the mall already in progress up to 42% now.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 2176 views | 7 d ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 1790 views | 8 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Foogo90
121 posts
Posted by Foogo90 > 2019-07-18 19:13 | Report Abuse
52 sen