KINERGY ADVANCEMENT BERHAD

KLSE (MYR): KAB (0193)

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Last Price

0.34

Today's Change

-0.005 (1.45%)

Day's Change

0.335 - 0.345

Trading Volume

11,997,300


4 people like this.

4,631 comment(s). Last comment by donkeycharles 1 week ago

Posted by BetterTomorrow > 2021-07-14 10:24 | Report Abuse

NTA 9cent selling for 0.85? Joke what type of construction company? Haha hahha lol

Posted by BetterTomorrow > 2021-07-14 10:25 | Report Abuse

Total asset less than 120mil now is rm1. 6bil? Another con job!

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 11:02 | Report Abuse

abcd,I dun think can LU, but I guess the announcement release before Fri will bring the price back to 0.90

Posted by Garudawing > 2021-07-14 11:12 | Report Abuse

Mother break 0.6...waiting for son to follow up later...get ready guys

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 11:20 | Report Abuse

Homily Chart teacher said KAB can hold medium term and long term, from the chart, you can see big fund was in and over 30%
https://www.facebook.com/100630134877478/videos/337917874657540

Posted by ILHAMYOUSO > 2021-07-14 11:21 | Report Abuse

Looks like mom will hit 90sen today

Posted by dieheart85 > 2021-07-14 11:39 | Report Abuse

Son price target?

Posted by dieheart85 > 2021-07-14 11:40 | Report Abuse

Done for collect mother, time for son

Posted by Garudawing > 2021-07-14 11:47 | Report Abuse

Son target 0.15, hope mother can maintain momentum

Posted by Bullalltheway > 2021-07-14 11:53 | Report Abuse

Son very heavy push mother first

Posted by Bullalltheway > 2021-07-14 11:53 | Report Abuse

Wait retailer finish selling son then only push

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 11:56 | Report Abuse

mom and son face heavy selling pressure, need more fund to break 0.90

Posted by wallstreetrookie > 2021-07-14 11:58 | Report Abuse

Probably rumour about the full completion of their RE business in Vietnam. Could boost revenue a lot. I don't have position in KAB but this news have been going on forever.

yellowman

541 posts

Posted by yellowman > 2021-07-14 12:01 | Report Abuse

son keen pressed... will not move lah

Posted by dieheart85 > 2021-07-14 12:13 | Report Abuse

Let pump n push son

gojo

120 posts

Posted by gojo > 2021-07-14 12:16 | Report Abuse

yehaaa!!!

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 12:20 | Report Abuse

woohoo!!! order KFC for lunch

Posted by dieheart85 > 2021-07-14 12:37 | Report Abuse

Mr Director, plS take care SON too, they ned your care.

ZackMaz

79 posts

Posted by ZackMaz > 2021-07-14 12:57 | Report Abuse

Sell on news...

Posted by ILHAMYOUSO > 2021-07-14 12:59 | Report Abuse

tanfooxuan Old news. Since june

Posted by wallstreetrookie > 2021-07-14 13:08 | Report Abuse

No, I am not talking about the old news. It is about the full establishment of their proposed business venture.

Posted by wallstreetrookie > 2021-07-14 13:08 | Report Abuse

Again, unfortunately I do not have the permission to buy into small caps right now. Man the gains are impressive for this one. Zzz

Posted by ipohwhitecoffee > 2021-07-14 13:42 | Report Abuse

will pull up cross 90sen then sell on news.

yellowman

541 posts

Posted by yellowman > 2021-07-14 13:57 | Report Abuse

Run… sell on news !

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 14:01 | Report Abuse

http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210714:nKLS7Yb1rl

KAB INKS MOU WITH LCS HOLDINGS AND ATS VENTURE GROUP TO
BUILD AND OPERATE TELECOMMUNICATION TOWERS
KUALA LUMPUR, 14 July 2021 – Kejuruteraan Asastera Berhad (“KAB” or the “Company”), an electrical
and mechanical engineering services provider in Malaysia, has entered into a tripartite Memorandum of
Understanding (“MOU”) with the Philippines-based conglomerate company LCS Holdings Inc (“LCS”) and
ATS Venture Group Sdn Bhd (“ATS”).
This MOU affirms LCS’ intentions to collaborate with KAB on a turnkey solution to build and operate a
telecommunication tower project in the Philippines (“Project”), a contract which was secured by LCS.
KAB will take a lead role in the financial arrangements, meanwhile ATS will be the lead technology partner
to support the Project. Amongst others, LCS’ responsibilities include the provision of local site sourcing
and acquisition, as well as communicating with the end-customers and relevant Philippines’ authorities.
Both KAB and ATS shall be the preferred supplier for procurements of related products for this Project.
KAB, LCS and ATS possess extensive experience in steel fabricating, supplying, constructing and erecting
of steel telecommunication towers, which brings valuable advantages to the Project.
Commenting on the MOU, KAB managing director Dato’ Lai Keng Onn said, “This MOU represents the
latest milestone for KAB to venture into the telecommunication industry, in building and operating
telecommunication towers as our new business segment. Setting forth with this new business segment
will grow KAB’s stable recurring income continuously, in addition to our existing business. I am assured
that this Project will be a fruitful one as we are able to capitalise on each other’s expertise and knowledge
to successfully execute the Project. This partnership is indeed an exceptional opportunity for KAB to
continue expanding its footprint in the Southeast Asia region. Going forward, we intend to invest and
build 300 telecommunication towers with each tower being 45 metres tall. I look forward to jointly build
on this new long-term strategic partnership with LCS to support Philippines’ telecommunication industry,
which has grown tremendously over the years, with the continuing appetite of many Filipinos in
communicating through their mobile phones, accessing information through the internet, streaming and
downloading videos.”
PRESS RELEASE
FOR IMMEDIATE DISTRIBUTION
Page 2 of 2
Upon completion of the Project, the telecommunication towers will be leased to Dito Telecommunity
Corporation (“Dito”) in the Philippines, which is co-owned by China state-owned China
Telecommunications Corporation, the parent company of China Telecom for a period of fifteen years.
With an option to extend for an additional ten years, the Company will be able to enhance its recurring
income with the long-term concession signed with Dito for the next twenty-five years. This new income
stream, which will contribute positively to KAB, is expected to provide a revenue of RM15 million with a
profit of approximately RM3 million per year.
ABOUT KEJURUTERAAN ASASTERA BERHAD
Kejuruteraan Asastera Berhad (“KAB” or the “Company”), established in 1997 is a Malaysia-based
electrical and mechanical engineering company. The Company’s core business covers all aspects of
electrical, mechanical and associated engineering services for both commercial and residential buildings.
Today, KAB has a comprehensive project portfolio that continues to grow with the support of its team of
competent, dedicated and qualified people, constantly gaining new knowledge and experience, and is
always keen to apply new technologies. KAB is registered under the Construction Industry Development
Board (CIDB) with a Grade 7 and Suruhanjaya Tenaga with a Class A. KAB’s market capitalisation stands
at RM1.47 billion as at 14 July 2021, at 11:30 am.
For more information, please log on to http://asastera.com.
Issued by Imej Jiwa Communications Sdn Bhd on behalf of Kejuruteraan Asastera Berhad
For media queries, please contact:
Name: Sandra Tan +60 17 395 0122 / +60 3 7733 7752

Posted by vadaiISback > 2021-07-14 14:11 |

Post removed.Why?

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 14:31 | Report Abuse

walao dun be so rude lah

milo

552 posts

Posted by milo > 2021-07-14 14:33 | Report Abuse

waaa... kasi limit up 2 kali laa... warrant also.. herrr.. her..her..

Looiks

5,493 posts

Posted by Looiks > 2021-07-14 14:38 | Report Abuse

hehehe......

yellowman

541 posts

Posted by yellowman > 2021-07-14 14:42 | Report Abuse

@vadaISback ?? y so angry ? coz son not performing? hahahahahah

Posted by vadaiISback > 2021-07-14 14:52 |

Post removed.Why?

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 14:54 | Report Abuse

set sell order at 0.900, if coming days break the biggest resistance at 0.930, will in again

yellowman

541 posts

Posted by yellowman > 2021-07-14 14:55 | Report Abuse

You can't get to scold or release your anger towards the operator so you barking me here? Hahaha.. what a pity !

kasrim

2,493 posts

Posted by kasrim > 2021-07-14 15:25 | Report Abuse

wowo! tunggu harga rm2 baru juai

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 15:40 | Report Abuse

I pun harap boleh sampai RM2 in the next 2 years. But I'll prefer in out in out, more flexible, coz KAB already overbought for 4 days, technical correction will be coming soon.

Posted by BetterTomorrow > 2021-07-14 16:37 | Report Abuse

Son sure die

Posted by BetterTomorrow > 2021-07-14 16:37 | Report Abuse

Mother due later

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-14 16:41 |

Post removed.Why?

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 17:01 | Report Abuse

no need to worry too much, after technical correction will back to 0.90 soon

Posted by ILHAMYOUSO > 2021-07-14 17:38 | Report Abuse

Yup just the matter of time. Takkan harini beli esok dah kaya :D

tanfooxuan

561 posts

Posted by tanfooxuan > 2021-07-14 17:57 | Report Abuse

okay juga, dah untung RM10 boleh beli kaya pandan, kaya coconut, atau apa apa kaya u suka

Posted by vadaiISback > 2021-07-14 18:54 |

Post removed.Why?

awesome20

1,186 posts

Posted by awesome20 > 2021-07-14 18:55 | Report Abuse

son so stubborn

James Ng

2,701 posts

Posted by James Ng > 2021-07-14 19:13 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-07-14-story-h1567983744.jsp
[转贴] [Video:浅谈KEJURUTERAAN ASASTERA BERHAD, KAB, 0193] - James的股票投资James Share Investing

Posted by Bangsabursa > 2021-07-14 19:39 | Report Abuse

itu MD Lai Keng ong suka2 dump KAB son. bodo.

awesome20

1,186 posts

Posted by awesome20 > 2021-07-14 19:41 | Report Abuse

aiyaa

Posted by BetterTomorrow > 2021-07-15 10:43 | Report Abuse

Mother iwll crash soon after warrant finish

Luckybull

399 posts

Posted by Luckybull > 2021-07-15 11:29 | Report Abuse

They want to press wa down as much as possible.

Hunter8888

505 posts

Posted by Hunter8888 > 2021-07-15 15:21 | Report Abuse

tell newbie sell hahaha

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