Mixed development with healthcare project it has undertaken appears to be a senior living ommunity, a relatively new living concept in Malaysia with good prospects. It has happened in Australia with increased ageing population, and Japan as well as Taiwan. It will be a good thing in Malaysia considering the country marching towards high-end society and an ageing population that can spend money.
Bintai Kinden Corp Bhd has inked a collaboration agreement with Australia-listed International Equities Corp Ltd to undertake two mixed property development and management projects in Melaka and Penang.
Bintai Kinden had announced its expansion into property development with the two projects, which would feature healthcare facilities and wellness services.
The group would take the lead in the development of the projects, named Holistica Melaka and Holistica Penang, on two parcels of freehold land measuring 5.34 acres with an estimated gross development value of RM470mil.
International Equities Corporation Ltd (IEQ) Share Price Activity Last (Price) $0.035 Change 0.00 (0.00) Bid / Ask $0.021 - ‐ Volume 0 Volume (4w avg) 0 Turnover $0 Open ‐ Day Range ‐ - ‐ VWAP ‐ Prev Close $0.035 Last Trade 6:58pm 25/01 (AEDT)
Historical Data Year Closing Price Last Trade 2020 $0.035 30 June 2019 $0.035 28 June 2018 $0.04 29 June 2017 $0.066 28 June 2016 $0.066 28 June 2015 $0.06 30 June 2014 $0.06 30 June
hope this platform be used to share information for our decision-making, not to show our PERSONAL grudges., like Benny. The market will decide the price and don't provoke anyone here.
Basic loss per share is 1.19 cents (2019: loss per share 0.68 cents per share)
The Group’s current liabilities exceed its current assets by $16.61 million at balance date.
Report on the Audit of the Financial Report Qualified Opinion
Material Uncertainty Related to Going Concern
" we draw attention to note 1(w) of the financial statements, which describes the principal conditions that raise doubt about the Group’s ability to continue as a going concern. In addition, we note the unprecedented uncertainty of the economic environment in which the Group operates as at the date of signing the financial report. These conditions as explained in note 1(w) indicate the existence of a material uncertainty that may cast doubt about the Group’s ability to continue as a going concern for at least the next 12 months and,if it could not continue as a going concern, the Group may be unable to realise its assets and discharge its liabilities in in the normal course of business and at amounts other than as stated in the financial report.
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....
DreamHunter
10,922 posts
Posted by DreamHunter > 2021-01-25 22:41 | Report Abuse
Fantastic