Next coming few quarters the revenue and profit contribution from agro segment going to be good. CPO price is at 8yrs high. Hope their collaboration with Korean telco going to help them win some contract from gov to improve IT infra in Malaysia
Next quarter revenue and profit already can foresee.
On 10 June 2020, KUB Agro Holdings Sdn Bhd, a wholly-owned subsidiary of KUB Ekuiti Sdn Bhd, which in turn is a wholly-owned subsidiary of KUB, had entered into a conditional Sale and Purchase Agreement ("SPA") with Beradin Plantation Sdn Bhd for the disposal of two oil palm estates known as Kahang Estate and Sungai Yong Estate measuring in aggregate 2,656.16 hectares for a total cash consideration of RM158,000,000 (“Proposed Disposal”).
The Group is still in the midst of fulfilling the conditions precedent of the SPA and the Proposed Disposal is expected to be completed in the first quarter of year 2021.
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Posted by Fattymin > 2020-11-17 16:07 | Report Abuse
slowly up