LOTUS KFM BERHAD
KLSE (MYR): LOTUS (8303)
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Last Price
0.16
Today's Change
+0.005 (3.23%)
Day's Change
0.155 - 0.16
Trading Volume
553,800
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1 person likes this. Showing 50 of 1,762 comments
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS LOTUS KFM BERHAD ("LOTUS" OR THE "COMPANY") - PROPOSED JOINT VENTURE
1 month ago
The Board of Directors of Lotus wishes to announce that LKB Plantation Sdn. Bhd., a wholly-owned subsidiary of the Company, has on 23 September 2024 entered into a joint venture agreement with Cengal Abadi Sdn. Bhd., Rimbun Jelutong Sdn. Bhd., Sentosa Tropika Sdn. Bhd., Trillion Greenland Sdn. Bhd. and Tropika Intan Sdn. Bhd., for the harvesting and processing of bamboo chips/pellets.
Please refer to the attachment for the details of this announcement.
This announcement is dated 23 September 2024.
1 month ago
Plantation business
Lotus and its subsidiaries (“Group”) had since early 2022 diversified into plantation businesses to
include the planting, harvesting and processing of fast-growing plants, including but not limited to Acacia
species, Gmelina species, Albizia species, Eucalyptus species and bamboo, into wood chips and bamboo
chips. As at the date of this announcement, the Group had acquired the rights-of-use/lease rights over
3,700 hectars (“ha”) of forest reserve lands/state lands situated in Negeri Kelantan and Negeri Perak
(“Lotus’ Lands”). The Proposed Joint Venture serves to expedite the subsisting planation business of
the Group, particularly on harvesting, processing and sale, through leveraging on the readily harvestable
lands of the JV Partners.
1 month ago
The primary business of Lotus KFM remains the production of wheat flour and related products. Flour milling is a staple industry as flour is a basic ingredient in many food products, ranging from bread and noodles to pastries
1 month ago
we can expect Lotus's net profit to exceed RM1 million again in the coming quarters
1 month ago
New venture of business will start contributing to the company in 2027 or earlier
1 month ago
Lotus KFM has also ventured into property development in an effort to diversify its revenue streams. The rate cut is also good news for the company
1 month ago
Volum dagangan mula meningkat kebelakangan. Masuk sikit utk menunggang gelombang ni
4 weeks ago
According to IMARC Group, the global wheat flour market size is expected to reach US$ 346.1 billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032
4 weeks ago
People are becoming more health conscious. Hence, Lotus KFM has great growth potential
4 weeks ago
Great, buying volume continue to increase. Just for sharing, today's buying rate for LOTUS is around 78% - 82%
3 weeks ago
sentimen pasaran agak lemah disebabkan pilihan raya AS ... pegang dan tengok dulu sekrg
3 weeks ago
Plantation business
Lotus and its subsidiaries (“Group”) had since early 2022 diversified into plantation businesses to
include the planting, harvesting and processing of fast-growing plants, including but not limited to Acacia
species, Gmelina species, Albizia species, Eucalyptus species and bamboo, into wood chips and bamboo
chips. As at the date of this announcement, the Group had acquired the rights-of-use/lease rights over
3,700 hectars (“ha”) of forest reserve lands/state lands situated in Negeri Kelantan and Negeri Perak
(“Lotus’ Lands”). The Proposed Joint Venture serves to expedite the subsisting planation business of
the Group, particularly on harvesting, processing and sale, through leveraging on the readily harvestable
lands of the JV Partners.
3 weeks ago
The Board of Directors of Lotus wishes to announce that LKB Plantation Sdn. Bhd., a wholly-owned subsidiary of the Company, has on 23 September 2024 entered into a joint venture agreement with Cengal Abadi Sdn. Bhd., Rimbun Jelutong Sdn. Bhd., Sentosa Tropika Sdn. Bhd., Trillion Greenland Sdn. Bhd. and Tropika Intan Sdn. Bhd., for the harvesting and processing of bamboo chips/pellets.
3 weeks ago
Business is expanding well, it looks like can grab some when the price is low
2 weeks ago
The company has updated its official website. Looks nice ~
https://www.kfmb.com.my/
2 weeks ago
diversify is good since expansion into plantations can bring potential for growth in the future
2 weeks ago
Plantation business
Lotus and its subsidiaries (“Group”) had since early 2022 diversified into plantation businesses to
include the planting, harvesting and processing of fast-growing plants, including but not limited to Acacia
species, Gmelina species, Albizia species, Eucalyptus species and bamboo, into wood chips and bamboo
chips. As at the date of this announcement, the Group had acquired the rights-of-use/lease rights over
3,700 hectars (“ha”) of forest reserve lands/state lands situated in Negeri Kelantan and Negeri Perak
(“Lotus’ Lands”). The Proposed Joint Venture serves to expedite the subsisting planation business of
the Group, particularly on harvesting, processing and sale, through leveraging on the readily harvestable
lands of the JV Partners.
1 week ago
Lotus-WB will expire soon and we probably can see Lotus making a rebound after that
1 week ago
There will be some movement for sure after WB expired because QR will also be released during that period
3 days ago
A bullish signal from the RSI indicator is detected. Get ready for a rebound
2 hours ago
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