KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.46

Today's Change

0.00 (0.00%)

Day's Change

1.44 - 1.47

Trading Volume

1,237,400

IPO Info
Offer Period

Opening

2009-10-30

Closing

2009-10-30

Time Table

Allotment Date

2009-11-18

Listing Date

2009-11-25

Price

Issue Price

0.53

Units

74,710,000

Share Capital

0.000

No of Shares

Public Issue

9,710,000

Offer for Sale

9,000,000

Private Placement

5,941,000

Issuing House

MIH 474

ISIN Code

MYQ0151OO009

Prospectus:

I) INITIAL PUBLIC ISSUE OF 9,710,000 NEW ORDINARY SHARES OF RM0.10 EACH IN KELINGTON GROUP BERHAD (“KELINGTON SHARES”) AT AN ISSUE PRICE OF RM0.53 PER KELINGTON SHARE, PAYABLE IN FULL UPON APPLICATION COMPRISING:-

• 2,809,000 NEW KELINGTON SHARES AVAILABLE FOR APPLICATION BY EMPLOYEES AND BUSINESS ASSOCIATES OF KELINGTON GROUP BERHAD AND ITS SUBSIDIARY COMPANIES;

• 5,941,000 NEW KELINGTON SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND

• 960,000 NEW KELINGTON SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC

(II) OFFER FOR SALE OF 9,000,000 KELINGTON SHARES AT AN OFFER PRICE OF RM0.53 PER KELINGTON SHARE, PAYABLE IN FULL UPON APPLICATION TO SELECTED INVESTORS;

IN CONJUNCTION WITH THE LISTING OF KELINGTON GROUP BERHAD ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD

KELINGTON-NoticeOfProspectus (27KB).pdf

KELINGTON-Cover to Page 100 (2MB).pdf

KELINGTON-Page 101 to Page 300 (2.4MB).pdf

KELINGTON-Page 301 to Page 383 (847KB).pdf

Discussions
15 people like this. Showing 50 of 5,102 comments

blackchicken

Stronger improvement in manufacturing conditions in July
https://www.theedgemarkets.com/article/stronger-improvement-manufacturing-conditions-july

2022-08-01 11:45

Harry

Strong sell down after pelosi visit taiwan

2022-08-02 17:55

Harry

100m project from singapore …. Congrats all. Tomorrow 1.2

2022-08-04 20:05

dlau8899

Break 1.30 , 1.40, 1.50

2022-08-05 10:41

dlau8899

Target price 1.60 to 1.90

2022-08-05 10:52

Nepo

This co is very impressive, able to get many contracts during this bad time. Very good and aggressive mgt team.
If this QR is good , i.e. not much affect by increase in cost of setting up facilities/projects, then can consider to buy back..

2022-08-05 10:59

dlau8899

Kgb break 1.35 as soon

2022-08-05 12:07

dlau8899

Dow future up, kgb win big contract following up

2022-08-05 13:03

Harry

1.1 soon. Haha

2022-08-08 16:54

Skywalker00

What’s the use of taking up big contract on the cheap?.. destined for litigation again and again...

2022-08-08 18:56

chai2145

Contract again?

2022-08-12 16:11

blackchicken

Commentary Of Prospects
The Group continues to benefit from the semiconductor shortage as manufacturers race to expand production capacity by establishing new facilities. As at 30 June 2022, we have secured new contracts amounting to RM798 million. Including the projects carried forward from the previous years, our total orderbook stands at RM1.9 billion, of which RM1.4 billion remains outstanding.
In addition to that, we recently clinched an UHP contract worth approximately RM117 million from a customer in Singapore to undertake the bulk and specialty gas system distribution works.
Leveraging on our strong track record, we aim to sustain our growth momentum by continuing our active participation in project tenders across our Ultra High Purity, Project Engineering and General Contracting Segments.
Prospects at the Industrial Gases division remain positive as demand for liquid carbon dioxide (LCO2) increase in tandem with the recovery in economic activities.
Barring unforeseen circumstances, we are confident of delivering a commendable financial performance in the second half of FY2022 as we execute our existing orderbook across our key operating markets.

2022-08-15 17:43

ZoeZoe

Everything is rosy and good except few on going late deliveries.... overall GOOD QR!

2022-08-15 18:19

Nepo

Net profit margin = 13932/312400 =4.46%, lower compare with previous QR..

2022-08-16 09:04

gohkimhock

yeah, the profit margin might be a bit low, but the revenue exceeded expectations. It is on the right track.

2022-08-16 09:13

troy88

Well done KGB. Fantastic result

2022-08-16 15:09

Xcalibre

Take profit time… it’s turning down

2022-08-16 16:24

blackchicken

US Factory Output Increases for First Time in Three Months
Production climbed 0.7% in July, fueled by auto plants
Manufacturing, total industrial production both beat forecasts
https://www.bloomberg.com/news/articles/2022-08-16/us-factory-output-increases-for-first-time-in-three-months#xj4y7vzkg

2022-08-17 10:28

Harry

Runnnnnnnnnnnnnnn
Tp 1.0

2022-08-22 16:22

charlie chia

Sure a not Rm1.00

2022-08-22 16:39

fruitcake

by IB...hahaha

2022-08-23 10:28

S_ken

wish to get around 1.2X again hahah

2022-08-26 15:43

Harry

Can get. Nasdaq plunge 2%

2022-08-26 23:16

Harry

Monday will open 1.2 and close 1.1

2022-08-27 17:49

chai2145

Get Silterra contract?

2 months ago

chai2145

Or infineon?

2 months ago

ThemePlay

We've been collecting since RM1.22

telegram: Warrior Traders

2 months ago

Harry

Tech no more theme play after interest keep up.

2 months ago

ZoeZoe

Another contract valuing to 262 million for next year! well done!! please rocket tomorrow!

4 weeks ago

chai2145

Haiz when can reach 1.8

3 weeks ago

lordfish30

waiting for qr... after that... rocket

2 weeks ago

ZoeZoe

Another quarter of excellent growth with 1.6 billion outstanding in order book! WOW!

1 week ago

gohkimhock

All in!

1 week ago

donald770

This co is in growth business. The q report is good. So this co deserves attention.

4 days ago

gohkimhock

Buy the mother shares. Stay away from the warrant.

3 days ago

Michael Kwok

Resistance 1.48
Pass on evening buy.no pass no buy.
27/11/22 9.23pm

3 days ago

charlie chia

Mother 1.44 against Warrant 0.41
1 mother share can buy 3.5 warrant
Further, dividend is not attractive
I prefer to buy warrant only expired on 24/07/2026
Exercise price of 1.38
Chances of profit is higher

3 days ago

chai2145

Ya pls

1 day ago

ZoeZoe

The Supply Scheme shall remain effective for an initial term of 10 (ten) years from the date of first supply of gas. Before the end of the initial term, both parties shall discuss in good faith on the renewal of the Agreement. The Supply Scheme is expected to generate a cumulative revenue of approximately RM180 million for the Group over a period of 10 years via monthly fixed facility fees and sales of gases.

The Supply Scheme will not have any effect on the share capital and shareholding structure of KGB and will not have any immediate material effect on the earnings per share of KGB for the financial year (“FY”) ending 31 December 2022, however, expected to contribute positively to earnings and net assets of the Group over the 10-year duration of the Supply Scheme, starting from FY 2023.

Risk factors affecting the Agreement include supply chain disruptions, construction and operation risks, skilled manpower shortages, fluctuation in exchange rates, and/or changes in political, economic, and regulatory conditions. Nonetheless, KGB has the relevant experience and expertise to undertake this Agreement and would take the appropriate measures to mitigate the risks when executing the Agreement.

None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the Agreement.

This announcement is dated 29 November 2022.

12 hours ago

Post a Comment