Posted by CUTLOST > 2022-05-25 11:39 | Report Abuse

Operator won the games

Posted by MZM2511 > 2022-05-25 13:39 | Report Abuse

@JJPTR......Mr Kuah came into Kanger via injection of his contruction material company,in exchange for 800m kanger shares,if not wrong.
--------------
It's Sii Tung Nai from Sung Master came into Kanger through injection of his construction material.
Mr Kuah Choon Chin was the BOD who added his shareholding via RI shares subcription.


Stock: [KANGER]: KANGER INTERNATIONAL BHD

Feb 8, 2022 12:53 PM | Report Abuse

The three substantial shareholders of Kanger (up to 21.12.21):

1. Sii Tung Nai (The party from Sung Master) 505,839,038 unit of shares (8.46 % shareholding)

2. Kuah Choon Ching - BOD of Kanger 819,513,179 unit of shares (13.707 % shareholding)

3. Miss Chai Woon Yun - The Daughter of Tan Sri Chai Kin Kong 416,700,000 unit of shares ( % shareholding)

Posted by NurHafidz > 2022-05-25 14:09 | Report Abuse

@MZM2511 How much share of them after consolidate?

Posted by MZM2511 > 2022-05-25 15:29 | Report Abuse

@NurHafidz. Aproximately from my calculation:
1. Mr Kuan Choon Chin (based on 07/03/2022) 74,051,317 unit of shares (12.385%)
2. Mr Sii Tung Nai (based on 12/11/2021) 505,839,038 / 10 (10:1 conso) = 50,583,903 unit of shares (8.46%)

3. Miss Chai Woon Yun (based on 03/03/2022) 33,450,000 - 3,575,400 = 29,874,600 unit of shares (below than 5% means no more a substantial shareholder). Therefore, if she disposes the shares after 03/03/2022, she no need to announce it at BURSA. Miss Chai share holding can not be traced by me anymore.... He He

Posted by unclecalvinchu > 2022-05-25 15:58 | Report Abuse

thanks MZM251 for speaking out facts unlike other keyboard warrior

Posted by pearlcapital > 2022-05-25 16:52 | Report Abuse

Kanger are still in the game!

Posted by rr1688 > 2022-05-25 21:46 | Report Abuse

enjoy my drinks at the batu feringi beach penang...kurang minuman pemabuk samsu haramsuperbulltaik8798...

Posted by rr1688 > 2022-05-25 21:47 | Report Abuse

pmetal share price from RM0.05 increase to RM5.30 ...UPTREND MARI...

Posted by rr1688 > 2022-05-25 21:48 | Report Abuse

vitrox share price from RM0.05 increase to RM7.20 ...KANGER coming soon...

Posted by rr1688 > 2022-05-25 21:56 | Report Abuse

1368 seumur hidup jalan kaya ...REAL ESTATE company hapseng share price increase 1368 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...KANGER is in REAL ESTATE now...REAL ESTATE company mcdonald's target share price amid strong demand upgrade to usd306 ...KANGER target share price usd30 ...to the STAR...in the end the one who WIN in share market is the one who HOLD....share price ALWAYS reach HIGHER peak in future...

Posted by fl888 > 2022-05-26 10:31 | Report Abuse

Dreaming is hoping….nothing wrong lah..

Posted by BILLC > 2022-05-26 11:03 | Report Abuse

Agent 2511 says price drop because of spammers,,,

Nothing to do with fintec con group,,,,

Posted by MZM2511 > 2022-05-26 11:19 | Report Abuse

Just for BILLC...

SPAMMER MEMANG DARI AWAL HINGGA SEKARANG SEDIKIT SEBANYAK MEMBERI KESAN KEPADA KEPERCAYAAN PELABUR TENTANG KAUNTER KANGER, SERTA MENJADI sebahagian PENYEBAB KEPADA KEJATUHAN HARGA.

Atau, awak nak semua pemegang saham sedia ada turut sertai spammer semua untuk terus jatuhkan harga saham ini????

2 days ago

Posted by shavemyfurm > 2022-05-26 12:19 | Report Abuse

So many funny joker here again. Kanger today is quiet.

Posted by shavemyfurm > 2022-05-26 12:22 | Report Abuse

Anyhow just found out that Not only Genting billboard promoting Antara Genting, Even MRR2 highway (near starbucks) roadside, you can found that they are promoting it. When more foreigner and business getting smooth. Trusted is another wave to push up kanger again.

Posted by rr1688 > 2022-05-26 12:30 | Report Abuse

Enjoy my drinks at the batu feringi beach ⛱️ penang...kurang minuman pemabuk samsu haramsuperbultail8798 bill c kiau2 jjptr fl888taik...

Posted by rr1688 > 2022-05-26 12:33 | Report Abuse

BUY...BUY...BUY...KANGER fair value RM0.19 x 750 percent equal RM1.43 ...

Posted by whistlebower99 > 2022-05-26 13:21 | Report Abuse

Please show when is Kanger apartment in Antara Genting be completed ?
3 years time or 4 years time ?

From now til completion date, any financial benefits to Kanger ?

Posted by MunChunxX > 2022-05-26 14:26 | Report Abuse

（吉隆坡22日讯）截至今年9月30日，联邦直辖区部的Residensi Wilayah Keluarga Malaysia（RWKM，前称Residensi Wilayah）可负担房屋计划下，共兴建了6万2701个单位。

这100个项目，分布在吉隆坡（93）、布城（3）及纳闽（4）。这些发展计划目前处于不同阶段的发展期，已竣工单位有2万472，分别为吉隆坡（1万9360）及纳闽（1112）。

联邦直辖区部部长拿督斯里沙希淡今日下午为Aset Kayamas的Residensi Desa Satumas公寓主持移交钥匙仪式。

1346住户今日领取单位钥匙。10个被抽中的住户上台领取单位钥匙。

出席者包括部门副秘书长（管理及社会经济）拿督汤姆斯、Aset Kayamas集团创办人兼执行主席丹斯里蔡景康等。

公寓设备一应俱全。

沙希淡致词时说，Aset Kayamas在RWKM项目下，已完成建筑和移交钥匙给1万0975个单位的用户，最新是在今年3月移交钥匙的Residensi Razakmas 2。

“据我了解，Residensi Desa Satumas 是Aset Kayamas完成的第15个RWKM项目。

“政府感激发展商兴建RWKM项目的可负担房屋。”

联邦直辖区部也发文告说，RWKM的推出是为了协助大马一家实现在大都市拥有可负担房屋的梦想，特别是对中低收入及M40群体而言。

对RWKM计划有兴趣的民众，可在符合条件下，向Residensi Wilayah官网申请。

Posted by MunChunxX > 2022-05-26 14:26 | Report Abuse

Residensi Desa Satumas
地理优越设施完善

Aset Kayamas发文告说，Residensi Desa Satumas是3座43层楼高的1346个单位公寓，售价23万令吉起。每个单位 有3间睡房、2间浴室及一个有盖停车位。

文告指出，Residensi Desa Satumas地理位置优越，交通方面衔接了数条高速大道。住户可使用主要公路前往谷中城、孟沙及白沙罗购物或上班。

“此外，我们也提供各种如泳池、育儿室、休闲区和游戏室，店铺空间、多功能厅和小祈祷室。

“我们会一直积极改进，以确保提供的住宿能够了满足人民的当前需求，以实惠价格拥有舒适宜人的环境。”

文告指出，Aset Kayamas至今在RWKM项目下，已移交了1万0975个单位房屋的钥匙

Posted by fl888 > 2022-05-26 14:52 | Report Abuse

Smart move by Miss Chai who is the daughter of Aset Kayamas boss to be no more a substantial shareholders ....insider manipulation coming...

Posted by BILLC > 2022-05-26 15:19 | Report Abuse

Asset taikmas pon cabut,,,looks like another round of massacre coming soon,,,,boh chow ccccccc,,

Immediate tp 4 sen,,,,,

Posted by YoongGer > 2022-05-26 15:22 | Report Abuse

A Quantum Leap in Earnings – KANGER INTERNATIONAL BERHAD



In KANGER’s recent announcement, the company had struck a deal with China Energy Construction Co Ltd to dispose two parcels of land with commercial buildings located in Ganzhou City for approximately RMB400.0 million or RM258.9 million in ringgit terms.

How would this change KANGER as a whole?

Due to challenge outlook of the sector KANGER previously was in, the company suffered losses on the bamboo business which was in tandem with the industry as a whole.

Fortunately, the active turnaround plan for the company to venture into construction might result in – well, as the title of the article suggests, a quantum leap in earnings.

The disposal of the fixed assets will result in one-off earnings for the group, which will be significant but what was more impressive was the cash flow generated from the sale of asset.

For those who do not know, the company had ventured into the construction company, in which they had secured an order book value of RM1.0 billion on 7 different construction projects.

They had also bulk-purchased properties from the well-reputed developer Aset Kayamas.

Interestingly, the purchase of assets from Aset Kayamas could establish a good relationship with the developer and given that KANGER is now in the construction business, they could potentially secure business from Aset Kayamas.

But there is more to that.

A ground check with employees in Sung Master actually returned that Sung Master top 3 customer consists of the name of Aset Kayamas, so if we link everything up – property acquisition, potential construction projects and supply of building material, does this sound like a synergetic trio-relationship?

I believe so.

Heck, there might even be a chance for Aset Kayamas to takeover KANGER by injecting more assets into the company.

Bear in mind that KANGER is only trading at RM299.0 million market capitalization and any big asset injection could easily result in a takeover.

A great case study would be with the company NCT ALLIANCE BERHAD (KLSE: 0056).

Nevertheless, it was almost certain for KANGER to return to black in the next few quarters and I believe with NTA doubling the share price, this stock is a valuable gem for those who believe in recovery in inbound travel and construction sector, as the properties “injected” from Aset Kayamas are located in Genting Highland and since 16th August

Construction work had mostly resumed, hence KANGER new construction segment could finally perform.

Based on the latest quarterly report of the company, KANGER is trading at a discounted Price-to-book value of 0.48 times, which we could say that the company is deep in value.

However, we also understand the fluctuation nature of the share price, so only strong holders are recommended to buy at the current discounted level.

Cheers.

Posted by YoongGer > 2022-05-26 15:24 | Report Abuse

Kanger receives shareholders’ approval for proposed acquisition of building materials supplier, Sung Master

Step closer in becoming an integrated player in the construction and
trading in building material segments

Kuala Lumpur, 27 July 2021 – Bursa Malaysia’s ACE Market-listed Kanger International Berhad’s (“Kanger”, “the Group” or “the Company”) has concluded its Extraordinary General Meeting (“EGM”) today, which saw it receiving shareholders’ approval for the proposed acquisition of 51% equity interest in building materials supplier, Sung Master Holdings Sdn Bhd (“Sung Master”) for RM94.8 million to be satisfied via a combination of cash and new share issuance.

Kanger Executive Director, Mr. Steven Kuah Choon Ching (柯 俊 敬) said that the acquisition of Sung Master represents a significant step in the Group’s strategic plans to develop new income streams that are complementary to Kanger’s recent diversification into the property related and construction business segments.

Sung Master is primarily involved in the sales and trading of building materials, which include, timber flooring, tiles, bulk cement, concrete, locksets and sanitary ware. Based in Malaysia, Sung Master has an established network of clientele encompassing players from the property and construction industries as well as engineering consultants who are either a main contractor or a sub-contractor of a development project.

Since its commencement of operations up to 30 April 2021, Sung Master has supplied and is supplying a total of 22 projects, comprising both residential and mixed development projects, which are mainly located in Klang Valley and Pahang State.

“We are pleased to receive shareholders’ approval for this horizontal acquisition of an industry peer which enables us to widen our product offerings from our existing business of manufacturing and trading of bamboo flooring to also include other building materials such as timber flooring, tiles, bulk cement and concrete. This would enable us to expand our market presence and operational capacities, and to capture a larger market share in the trading of building materials industry in Malaysia,” he said.
Financially, Sung Master has consistently delivered a profitable performance over the past 3 financial years from FYE 31 January 2018 up to the audited 17-month FPE 30 June 2020 and latest unaudited 10-month FPE 30 April 2021. For the latest 10-month FPE 30 April 2021, Sung Master reported an unaudited profit after tax of RM11.8 million against revenue of RM76.0 million.

He added, “Despite the disruptions from the Covid-19 pandemic, Sung Master’s business operations continued to demonstrate strong resilience. For the FYE 30 June 2021, Sung Master’s revenue is expected to exceed RM115 million. Hence, the consolidation of Sung Master’s financial performance will augur well to the Group’s profitability and cashflow position in the near future.”

“The synergies that we will be able to leverage on from the acquisition of Sung Master will benefit the Group on multiple fronts, especially with regards to supporting our property related and construction business segments. Under the Group’s new construction business, we also intend to expand into areas such as undertaking building, construction, civil engineering and project management contracts. At present, the Group is working on construction projects which have an orderbook of approximately RM1.0 billion.”

“In addition, the construction business will allow us to leverage on the business network of our property investment and management segment and offer a broader range of value-added property-related services. By having access to a larger pool of building materials suppliers, Kanger is able to source supplies at relatively competitive prices, which will lead to improved cost efficiencies and enhanced competitiveness when tendering for new construction contracts,” he added.

Barring unforeseen circumstances, the proposed acquisition of Sung Master is slated to be completed in mid-September 2021.

To recap, the Group had recently also obtained shareholders’ approval for the proposed acquisition of 126 units of service apartments located in Antara @ Genting Highlands from Aset Kayamas Sdn Bhd (“AKSB”) for RM142.9 million.

“On a macro view, the acquisitions of Sung Master and the service apartments in Antara @ Genting Highlands mark a leap forward for Kanger to achieve its strategic goal of possessing a robust and diversified revenue portfolio. Our investment in the service apartments is expected to bring in recurring income in the form of rental and provision of management services as well as potential future capital gains for the Group. We are continuously seeking for suitable and viable acquisition opportunities in strategic locations to expand the contribution of the property investment and management segment of our Group,” he concluded.

Posted by unclecalvinchu > 2022-05-26 16:33 | Report Abuse

volume is increasing everyday, time to move

Posted by OKU_2020 > 2022-05-26 18:51 |

Post removed.Why?

Posted by rr1688 > 2022-05-26 21:01 | Report Abuse

enjoy my drinks at the batu feringi beach penang...kurang minuman pemabuk samsu harambill c kiau2 oku2020 taikfl888taik...

Posted by rr1688 > 2022-05-26 21:02 | Report Abuse

whistlebawah is unethical trying to tangkap customer here...promote pasubunga in this counter...

Posted by rr1688 > 2022-05-26 21:13 | Report Abuse

texchem share price from RM1.82 drop to RM0.23 ...if u sell u rugi...if you HOLD today the share price is RM3.33 ...MUST HOLD if u want to WIN in share market...only the BRAVE n with VISION can WIN in share market...

Posted by rr1688 > 2022-05-26 21:15 | Report Abuse

pmetal share price from RM0.05 increase to rm5.33 ...UPTREND MARI...

Posted by rr1688 > 2022-05-26 21:17 | Report Abuse

vitrox share price from RM0.05 increase to RM7.28 ...KANGER coming soon...

Posted by rr1688 > 2022-05-26 21:22 | Report Abuse

1388 seumur hidup kaya2 ...REAL ESTATE company share price increase 1388 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...KANGER is in REAL ESTATE now ...REAL ESTATE company mcdonald's target share price amid strong demand upgrade to usd306 ...KANGER target price usd30 ...to the STAR...

Posted by aiman777 > 2022-05-27 00:38 | Report Abuse

takpe nanti buat RI lagi pastu esos then consolidated

Posted by rr1688 > 2022-05-27 01:41 | Report Abuse

penta share price from RM0.05 increase to RM3.77 UPTREND MARI...BUY...BUY...BUY...IGNORE the NOISE...

Posted by rr1688 > 2022-05-27 01:46 | Report Abuse

1138 hari2 hidup kaya...REAL ESTATE company chinhin share price increase 1138 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...KANGER is in REAL ESTATE now...REAL ESTATE company mcdonald's target share price amid strong demand upgrade to usd306 ...KANGER target price usd30 ...to the STAR...

Posted by fl888 > 2022-05-27 09:24 | Report Abuse

all related Fintec members selling all each other counters.....contra settlement.... U sell I sell strategy...

Posted by BilisMasin > 2022-05-27 13:37 | Report Abuse

Kanger InterScam National

Kahkahkah

Posted by MunChunxX > 2022-05-27 14:33 | Report Abuse

Big shark start accumulating, haters can remain hating and stay poor hahahaha

Posted by MunChunxX > 2022-05-27 14:34 | Report Abuse

sad life for them Rm3.5 per hour keyboard warrior

Posted by YoongGer > 2022-05-27 14:34 | Report Abuse

@Superbull8798.. Based on Kanger International Berhad - Review of Interim Financial (Source: https://www.bursamalaysia.com/market_information/announcements/company... )

Net Tangible Assets = Total assets - Goodwill - Total liabilities
= RM439,119,000 - RM90,228,000 - RM96,294,000
= RM252,597,000

NTA per share = NTA / NOSH
= NTA / (weighted average number of ordinary shares)
= RM252,597,000 / 4,402,891,000
= RM0.0573. (Based on 4.402 bil shares and as reported in 3QR 2022 which the QR ended on 31 Dis 2021).

If we consider the NOSH reduced by 10 : 1, means the real NTA after considering the reduced NOSH by ten times should be at RM0.573.

And be noted that 3QR 2022 report is a quarterly report which its QR ended on 31 Disember 2021. The consolidation exercise deemed to be completed on 10 February 2022. Means only the next 4QR 2022 will show the NTA per share after consolidation....

Source: On behalf of the Board, UOB Kay Hian is pleased to announce that the Share Consolidation has been completed following the listing of and quotation for 597,931,208 Consolidated Shares and 169,951,156 Consolidated Warrants B on the ACE Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on 10 February 2022.
This announcement is dated 10 February 2022.

Posted by YoongGer > 2022-05-27 14:35 | Report Abuse

@Superbull8798.
Please check your mathematics and accounting knowledge.... !!!! Do your effing fact check :)

Don't try to fool others if you are a fool at the fullest.

Posted by BILLC > 2022-05-27 14:45 | Report Abuse

Agent 2511 gone but here comes yooogger,,,,and copy paste the same bullshitttt,,,,hahahaha,,,

Posted by MZM2511 > 2022-05-27 14:50 | Report Abuse

@BILLC..
The gang of speculating spammers leading by wistlebower99 a.k.a. stockraider and lately following by BILLC and others are still interested to badmouth on this PARIA counter..... That makes me feel THAT "THEY ARE STILL INTERESTED TO BUY IN THIS COUNTER'S SHARES" .



.... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

Posted by BILLC > 2022-05-27 14:51 | Report Abuse

Nta 57 sen,,,,so tunggu apa lagi,,,,just sapu all 5 sen lah

Malu apa promoters ku??

Wakakaka,,,,,

Posted by BilisMasin > 2022-05-27 15:57 | Report Abuse

kahkahkahkahkah

make mou vaccine
price 0.200

ding dong ding ding
price down to 0.060

make Right issue
price down to 0.020

from 0.020, console share 10 to 1
price become 0.200

again ding dong ding
terminate mou
price down to 0.050

super scammer

Kanger InterSCAM National

Posted by MCtrader > 2022-05-27 16:38 | Report Abuse

Lets see who will laugh till the end

Posted by BilisMasin > 2022-05-27 17:37 | Report Abuse

kuah kuah kuah kuah kuah

Posted by rr1688 > 2022-05-27 23:55 | Report Abuse

enjoy my kuah satay at the batu feringi beach penang,,,BUY,,,BUY,,,BUY,,,UPTREND MARI...IGNORE the NOISE...

Posted by Let's Gooooo > 2022-05-28 00:06 | Report Abuse

Hahaha, must be borrowing from his wife's boyfriend for the money at Batu Feringi.

Posted by Let's Gooooo > 2022-05-28 00:07 | Report Abuse

Else, where he got the money as he lost all of them in his bid in Kanger?