Consensus Target PriceRM2.25
DifferenceRM0.45
Potential Gain/Loss (%)24.82%
Consensus Date28 Aug 2023
Outperform

<%-- for fixing scrollbar--%>
Save Print Back

3662 MFLOUR MALAYAN FLOUR MILLS BHD
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
Particulars of Shareholder
Name : AZLIN BINTI ARSHAD
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary share
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 18/10/2023
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 03/10/2023 Acquired 24,871,170 -
Circumstances by reason of which change has occurred:
Transfer of Shares pursuant to the Letter of Administration dated 15 August
2023 granted by the Court on 4 September 2023.
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 42,552,920 shares (4.1600%)
Indirect/Deemed Interest : 31,239,800 shares (3.0500%)
Total : 73,792,720 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

25/10/2023 07:00 AM


Ref Code: 202310253800070

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS STRATEGIC PARTNERSHIP WITH TYSON INTERNATIONAL HOLDING COMPANY (TYSON) IN CONJUNCTION WITH THE DISPOSAL OF 49% EQUITY INTEREST IN DINDINGS TYSON SDN BHD (DTSB), A WHOLLY-OWNED SUBSIDIARY OF MALAYAN FLOUR MILLS BERHAD (MFM OR THE COMPANY), TO TYSON FOR A DISPOSAL CONSIDERATION OF UP TO RM420,000,000 TO BE SATISFIED WHOLLY BY CASH
MALAYAN FLOUR MILLS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description STRATEGIC PARTNERSHIP WITH TYSON INTERNATIONAL HOLDING COMPANY (TYSON) IN CONJUNCTION WITH THE DISPOSAL OF 49% EQUITY INTEREST IN DINDINGS TYSON SDN BHD (DTSB), A WHOLLY-OWNED SUBSIDIARY OF MALAYAN FLOUR MILLS BERHAD (MFM OR THE COMPANY), TO TYSON FOR A DISPOSAL CONSIDERATION OF UP TO RM420,000,000 TO BE SATISFIED WHOLLY BY CASH
We refer to the announcements dated 10 February 2021, 28 May 2021, 1 June 2021, 26 October 2021 and 16 August 2022, as well as the circular to the shareholders of MFM dated 26 April 2021 (“Circular”) in relation to the Strategic Partnership. Unless otherwise stated, all definitions and abbreviations in this announcement shall have the same meanings as set out in the Circular.
The Board of Directors of MFM wishes to announce that the Company has received a letter dated 13 December 2023 from Tyson together with a First Earnout Account prepared based on the audited financial statements of DTSB Group for FYE 2022. The Company and Tyson have agreed on the following terms and conditions in respect of the First Earnout Consideration:

(1) The estimated First Earnout Consideration was RM140 million;

(2) The EBITDA for FYE 2022 of RM144.453 million was greater than the targeted EBITDA of RM141 million, hence no deduction to the First Earnout Consideration; and
(3) As the net Debt for FYE 2022 amounting to RM84.874 million was higher than the targeted net Debt of RM44 million by RM40.874 million, the variance is multiplied by 49% to arrive at the amount of RM20.028 million which was deducted and arrived at the adjusted First Earnout Consideration of RM119.972 million.

Accordingly, MFM has received RM119.972 million from Tyson for the First Earnout Consideration on 13 December 2023.

The First Earnout Consideration together with the Initial Consideration are RM289.916 million which form part of the aggregate Disposal Consideration.
Accordingly, the revised utilisation of the First Earnout Consideration is as follows:

Details of utilisation Proposed utilisation as set out in the Circular Variation Revised utilisation Estimated utilisation timeframe from the receipt of proceeds
RM’million RM'million RM'million
Repayment of bank borrowings 140 20.028 119.972 Within 6 months from the receipt of the proceeds
Total 140 20.028 119.972
Pending the utilisation of the proceeds by the Company, the proceeds will be placed in interest-bearing deposit accounts with financial institutions or short-term money market instrument(s) as our Board may deem fit.

This announcement is dated 13 December 2023.





Announcement Info
Company Name MALAYAN FLOUR MILLS BERHAD
Stock Name MFLOUR
Date Announced 13 Dec 2023
Category General Announcement for PLC
Reference Number GA1-13122023-00018

direct deal this year

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
05/01/2023 00:00:00 0.7300 -0.0100 1.979m 5.877m 1.445m 4.290m 0.7300 0.1940 -
05/01/2023 00:00:00 0.7300 -0.0100 1.000m 5.877m 730,000 4.290m 0.7300 0.0980 -
05/01/2023 00:00:00 0.7300 -0.0100 1.900m 5.877m 1.387m 4.290m 0.7300 0.1862 -
05/01/2023 00:00:00 0.7300 -0.0100 998,000 5.877m 728,540 4.290m 0.7300 0.0978 -

accumulate in stages//// buy when others are fearful :)

2023-12-27

Blog

MFM Says MyCC’s Finding Is Without Merit; to File An Appeal

MSM rugi teruk pun dah pulih... MFlour akan naik balik...

Source : AmInvest, Price Call : BUY, Price Target : 0.80
Last Price : 0.64, Upside/Downside : +0.16(25.00%)

labur asap.... up very soon.... strengthening of RM, cheaper raw materials cost, etc.

LATEST INSIDER / INDIVIDUAL HOLDERS
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE
Tan (Chee Yioun Vincent) 32.84 840.20 0.00 59.13 16-Dec-2022
Johor (Ibrahim) 12.35 315.90 0.00 19.38 01-Oct-2021
Arsam bin Damis 2.41 61.70 29.55 3.79 01-Oct-2021
Abd Rahman bin Soltan 2.35 60.04 0.00 3.68 01-Oct-2021
Ong (Kar Beau) 1.11 28.50 0.00 1.75 01-Oct-2021
Aminah binti Sultan Ibrahim Ismail 0.01 0.20 0.00 0.01 01-Oct-2021

Ownership Type (As of Latest Filing)
TYPE INVESTORS % O/S POSITION (M Shares) VALUE(M USD)
Individual Investor 6 51.07 1,306.54 87.74
Corporation 26 27.54 704.29 47.84
Holding Company 1 1.15 29.35 2.07
Mutual Fund 10 0.2 5.43 0.38
Investment Advisor/Hedge Fund 1 0.18 4.69 0.30
Investment Advisor 1 0.03 0.74 0.05

TOP 10 Investors (As of Latest Filing)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
Tan (Chee Yioun Vincent) 32.84 840.20 0.00 59.13 25-Jan-2023 Other Substantial/Declarable
Johor (Ibrahim) 12.35 315.90 0.00 19.38 03-Oct-2022 Other Substantial/Declarable
B&B Enterprise Sdn. Bhd. 7.79 199.27 0.00 14.02 25-Jan-2023 Other Substantial/Declarable
Hotel Resort Enterprise Sdn. Bhd. 3.61 92.41 0.00 6.50 25-Jan-2023 Other Substantial/Declarable
Berjaya VTCY Sdn. Bhd. 3.30 84.41 0.00 5.94 25-Jan-2023 Other Substantial/Declarable
Pantai Cemerlang Sdn. Bhd. 3.14 80.22 42.22 4.92 03-Oct-2022 Other Substantial/Declarable
Arsam bin Damis 2.41 61.70 29.55 3.79 03-Oct-2022 Other Substantial/Declarable
Abd Rahman bin Soltan 2.35 60.04 0.00 3.68 03-Oct-2022 Other Substantial/Declarable
Portal Access Sdn Bhd 2.15 54.90 -27.26 3.86 25-Jan-2023 Other Substantial/Declarable
Malayan Banking Bhd 2.15 55.00 -55.00 3.32 01-Oct-2021 Other Substantial/Declarable

LIST OF PROPERTIES
AS OF 30 JUNE 2022
Location
No. Geran 56069,
Lot 2001, Section 52,
Town and District of Kuala Lumpur
(Berjaya Times Square, Jalan Imbi,
Kuala Lumpur)
No. Geran 56068,
Lot 2000, Section 52,
Town and District of Kuala Lumpur
(No. 1, Jalan Imbi, Kuala Lumpur)
No. Geran 33664,
Lot 165, Seksyen 94,
Bandar Kuala Lumpur,
Wilayah Persekutuan
Lots PTB 10707, PTB 20006,
PTB 20380, PTB 20438,
PTD 146378 & PTD 148062 ,
Bandar Johor Bahru,
Daerah Johor Bahru, Negeri Johor.
(Berjaya Waterfront, Johor Bahru)
Lots PTB 24317 & PTB 24318 ,
Bandar Johor Bahru,
Daerah Johor Bahru, Negeri Johor.
(Berjaya Waterfront, Johor Bahru)
No. Geran 102261,
Lot 21393,
Bandar Johor Bahru,
Daerah Johor Bahru, Negeri Johor.
Lots G-09, G-10, G-11 and G-12,
Ground Floor, Berjaya Times Square,
Jalan Imbi, Kuala Lumpur
Lot 8189 & 8190,
Town East, Jalan Pending,
Kuching, Sarawak
Tenure Size
Freehold
Freehold
Freehold
Freehold
with 99 years
lease interest
expiring on
30.10.2092
Freehold with
99 years
lease interest
expiring
on 30.10.2092
Freehold
Freehold
Leasehold 60
years
39,591 sq
meter
3,901 sq
meter
125 sq meter
57,355 sq
meter
20,237 sq
meter
25,867 sq
meter
2,011 sq
meter
245 sq meter
Description/
Existing Use
Estimated
Age Of
Building
Date Of
Acquisition
Net
Carrying
Amount
RM'000
Shoppingcum-leisure
mall
Vacant land
Shop lot
5-level
shopping
complex
12-level 400
rooms hotel, a
ferry terminal,
a custom &
immigration
building
Vacant land
72 office units
on a purpose
built office
tower
Retail lots
for rent
4-storey shop
house/office
building
>19 years
N/A
> 50 years
25 years
25 years
N/A
24 years
>19 years
34 years
8.7.1994
8.7.1994
10.1.2012
10.4.2012
10.4.2012
10.4.2012
29.4.2015
28.6.2012
13.7.1996
2,027,450
2,600
175,163
102,093
36,000
83,630
36,260
459
213
BERJAYA ASSETS BERHAD [Registration No. 196001000237 (3907-W)]
LIST OF PROPERTIES
AS OF 30 JUNE 2022
Note:
The Group does not adopt a policy of regular valuation of its properties except for investment properties which are stated at fair value.
Location
No. 273 & 274,
Lots 2545 & 2546
Centraland Commercial Park,
Off Jalan Rock,
Kuching, Sarawak
The Collins Theatre
1 Essex Road,
London N1 2SE
1-17 Essex Road, London N1 2SE
and 12A Islington Green, London
N1 2XN London N12 SE
Lot PTB 24119,
Bandar Johor Bahru,
Daerah Johor Bahru, Negeri Johor.
99 & 99A-C, Jalan Tampoi,
81200 Johor Bahru, Johor.
Tenure Size
Leasehold 60
years expiring
on 5.5.2054
999 years
150 years
Leasehold 99
years expiring
on 18.1.2114
Leasehold 60
years expiring
on 2031
484.2 sq
meter
Approximately
13,272 sq feet
45,983 sq feet
25.034
hectares
217,183 sq
feet
424,658 sq
feet
Description/
Existing Use
Estimated
Age Of
Building
Date Of
Acquisition
Net
Carrying
Amount
RM'000
4-storey shop
house/office
building used
as office and
draw hall
Vacant for
development
of theatre/
restaurants/
retail lots
70 fully
furnished
residential
units
Sea bed for
reclaimation
Multi-storey
car park
Assembly
plant &
administrative
office
28 years
27 years
27 years
N/A
26 years
55 years
31.8.2002
23.8.2012
15.8.2014
9.11.2014
01.11.1997
22.4.1968
2,292
26,763
224,809
104,670
20,681

APPRECIATION
On behalf of the Board, I would like to take this opportunity
to welcome Dato’ Hisham Bin Othman and Encik Mohd
Shukor Bin Abdul Mumin who joined us as Chief Executive
Officer and Independent Non-Executive Director of the
Company on 1 July 2022 and 28 April 2022 respectively.
The Board would like to extend its sincere appreciation to
our shareholders, business associates, financial institutions
and regulatory authorities for their continuous support and
cooperation to the Group amidst the challenges arising from
the COVID-19 pandemic.
Finally, I would like to express my heartfelt appreciation to my
fellow Board members for their valuable contributions and
guidance, and to the management team and employees for
their hard work and commitment throughout this challenging
period. With all the support that we have, I am confident the
Group will be able to achieve better results in the upcoming
financial year.
YAM Tunku Tun Aminah Binti
Sultan Ibrahim Ismail
Chairman
18 October 2022

GAMING
Natural Avenue Sdn Bhd
Natural Avenue Sdn Bhd (“NASB”), the exclusive agent for
Sarawak Turf Club’s Special Sweep Number Forecast Lotteries
has been in operation since 1995. The principal activities of
NASB are the operation, promotion and management of the
1+3D Big/Small and 3D Big games in Sarawak with three
normal draws a week. NASB currently has 3 regional offices
and 73 sales outlets.

Menara MSC Cyberport, Johor Bahru
Located in Johor Bahru, Menara MSC Cyberport is the first
MSC Malaysia Cybercentre in Southern Malaysia with an
ISO 9001:2000 certification. BTSSB owns 72 units of office
properties amounting to approximately 278,432 square feet
within the building, which is located on Jalan Bukit Meldrum
in Tanjung Puteri, in the heart of Johor Bahru city centre. It
is also located next to the Causeway connecting Malaysia
to Singapore and just opposite the Customs, Immigration &
Quarantine (CIQ) complex.

Berjaya Waterfront, Johor Bahru
Berjaya Waterfront (“BWF”) is a subsidiary of BTSSB. Located
strategically within the government-sanctioned Iskandar
Malaysia economic zone, it manages Berjaya Waterfront
Hotel, Berjaya Waterfront Complex and Berjaya Waterfront
Ferry Terminal. Its principal activity comprises a complex,
hotel, car park, and ferry terminal operations.
Berjaya Waterfront Complex has a 4-storey shopping centre
podium with basement, annexed with a 6-level car park
catering to an assortment of retail, entertainment, dining
and recreation options.

Berjaya Times Square Sdn Bhd (“BTSSB”), the principal
subsidiary of BAssets, is the major owner and manages
the Berjaya Times Square (“BTS”) Mall in Kuala Lumpur.
BTS Mall is acknowledged as Malaysia’s largest inner-city
shopping cum leisure mall with a gross built-up area of
7.5 million square feet on a 10-acre piece of land. A Kuala
Lumpur landmark that is very popular amongst tourists as
well as locals, BTS Mall comprises a 12-level shopping mall,
two 46-storey towers of service suites and hotel, 2 levels of
hotel floors, 3 levels of office floors, 5 levels of basement and
10 floors of annexed car parks.

These people would turn bjassets into something great in 2024... fingers crossed

Encik Mohd Shukor Bin Abdul Mumin was appointed to the
Board as an Independent Non-Executive Director on 28 April
2022.
He graduated with a Bachelor of Laws Degree (LLB)
(Honours) from University of Buckingham, United Kingdom.
He is also a member of the Malaysian Bar and the Sabah Law
Association.
He started his career as a Manager with CIMB Bank Berhad
in 1983. In 2000, he joined Permodalan Bumiputra Sabah
Berhad and held the position of Group Managing Director
until 2004. He was a partner of Messrs Al Shukor & Co., a
legal firm in Kota Kinabalu, Sabah from 2009 until 2021.
He has many years of experience in the field of corporate
banking, commercial and retail businesses.
He is currently an Executive Director of Qhazanah Sabah
Berhad and Kojasa Holdings Berhad. He is also an
Independent Non-Executive Director of Zelan Berhad. He
also holds directorships in several private limited companies
in Angkatan Hebat group of companies.

Dato’ Hisham Bin Othman was appointed to the Board as
the Chief Executive Officer and Executive Director on 1 July
2022.
He holds a Bachelor of Civil Engineering from University of
Western Australia and a Master of Business Administration
from Universiti Putra Malaysia. He holds a Senior Management
Certificate from INSEAD of France.

TAN SRI DATO’ SERI ZULKEFLI
BIN AHMAD MAKINUDIN
71 years of age • Malaysian • Male
Deputy Chairman
Independent Non-Executive Director

YAM Tunku Tun Aminah Binti Sultan Ibrahim Ismail was
appointed to the Board as Chairman on 4 October 2017. YAM TUNKU TUN AMINAH BINTI
SULTAN IBRAHIM ISMAIL
36 years of age • Malaysian • Female
Chairman
Non-Independent Non-Executive Director
Her Highness graduated from the prestigious La Salle
School of Arts in Singapore. Her Highness is the Chairman
of REDtone Digital Berhad. Her Highness has considerable
experience in heading private organisations across a broad
range of industries and is a director on the board of several
other private companies, including Berjaya Waterfront
Sdn Bhd, Jauhari Maksima Sdn Bhd and Ibzi Holdings Sdn
Bhd. Her Highness also holds the Kentucky Fried Chicken
franchise in Stulang Laut, Johor Bahru.
Presently, Her Highness is the Chairman of Berjaya Capital
Berhad, Berjaya Hartanah Berhad and Bukit Kiara Resort
Berhad and a Non-Executive Director of Berjaya Corporation
Berhad. Her Highness is also the current president of the
Johor Darul Ta'zim Football Club (also known as JDT), a
football club based in Johor Bahru.
Her Highness is a daughter of DYMM Sultan Ibrahim Johor, a
major shareholder of the Company

Encik Mohd Shukor Bin Abdul Mumin was appointed to the
Board as an Independent Non-Executive Director on 28 April
2022.
He graduated with a Bachelor of Laws Degree (LLB)
(Honours) from University of Buckingham, United Kingdom.
He is also a member of the Malaysian Bar and the Sabah Law
Association.
He started his career as a Manager with CIMB Bank Berhad
in 1983. In 2000, he joined Permodalan Bumiputra Sabah
Berhad and held the position of Group Managing Director
until 2004. He was a partner of Messrs Al Shukor & Co., a
legal firm in Kota Kinabalu, Sabah from 2009 until 2021.
He has many years of experience in the field of corporate
banking, commercial and retail businesses.
He is currently an Executive Director of Qhazanah Sabah
Berhad and Kojasa Holdings Berhad. He is also an
Independent Non-Executive Director of Zelan Berhad. He
also holds directorships in several private limited companies
in Angkatan Hebat group of companies.

Best Buy
Position

Price

Volume

Orders

1

0.285

95,000

5

2

0.275

108,200

7

Best Sell
Position

Price

Volume

Orders

1

0.295

36,600

1

2

0.30

48,000

2

3

0.305

35,800

3

4

0.31

40,000

3

5

0.32

9,900

2

Bjassets settled public spread issue, VT sold 12mil shares via direct deal recently.

Terpaksa demi compliance sake


PUBLIC SHAREHOLDINGS SPREAD
BERJAYA ASSETS BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Further to our announcement dated 19 June 2023, the Board of Directors of Berjaya Assets Berhad (“BAssets”) wishes to announce that the public shareholding spread of BAssets based on its Record of Depositors as at 31 July 2023 is 20.11% following the disposal of 12.0 million BAssets shares by a major shareholder of BAssets namely Tan Sri Dato’ Seri Vincent Tan Chee Yioun. Accordingly, BAssets has complied with the approved minimum public shareholding spread requirement of 20%.

This Announcement is dated 1 August 2023.





Announcement Info
Company Name BERJAYA ASSETS BERHAD
Stock Name BJASSET
Date Announced 01 Aug 2023
Category General Announcement for PLC
Reference Number GA1-01082023-00045

the recent direct deal... 2024 the golden year will begin :)

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks






27/07/2023 00:00:00 0.3000 0.0050 12.000m 12.000m 3.600m 3.600m 0.3000 0.4691 -

can breach 30sen hari ni ka?

[BJASSET] Director APPOINTMENT - JAYANTHI NAIDU G. DANASAMY on 27-Jun-2023
Stock
[BJASSET] : BERJAYA ASSETS BERHAD
Announcement Date
27-Jun-2023
Board Member Information:
Date of Change
27-Jun-2023
Type of Change
APPOINTMENT
Designation
Director
Directorate
Independent and Non Executive
Name
JAYANTHI NAIDU G. DANASAMY
Age
47
Gender
Female
Nationality
Malaysia
Qualification
1. Doctorate - Sustainability Standards [Queen Mary, University of London, United Kingdom]

2. Masters - Master of Laws (LLM) (Distinction) [University Malaya, Malaysia]

3. Degree - Bachelor of Laws (LLB) (Hons) [University Malaya, Malaysia]

Working Experience
Dr Jayanthi started her career as a Prosecuting Officer with the Securities Commission Malaysia in 2001 before taking up academic positions both in Malaysia and the United Kingdom, from 2002 till 2006. During her tenure in the United Kingdom, she also worked with international corporations advising them on their sustainability strategies. She has wide experience working at Board and Senior Management levels with clients and business partners. She was previously the Executive Director of the Malaysian Centre of Regulatory Studies, University Malaya. As an experienced trainer, she has also conducted training and provided lectures for institutions across Asia, Europe and the Middle East, in various sustainability and community investment areas. Currently, she is the Managing Director of Synergio Global Sdn Bhd, a sustainability strategy consultancy. In this role, she is involved in advising companies and institutions across Asia with regards to sustainability strategies. She is also a Director of several companies namely BoomGrow Productions Sdn Bhd.

Berjaya Assets Berhad (BJASSET) is an investment holding company with diverse business segments. Let’s delve into some key details:

Business Segments:

Gaming and Related Activities: BJASSET operates various forecast lotteries in Sarawak and provides lottery consultancy services.
Property Development and Property Investment: The company is involved in the investment and development of properties.
Recreation: BJASSET manages a hotel, theme park, car park, ferry terminal, and a theater. Additionally, it engages in general trading and commission agency services1.
Financial Highlights:

Market Cap: Approximately MYR 755 million.
Net Debt to Equity Ratio: Considered satisfactory at 32.2%.
Debt Reduction: The debt to equity ratio has decreased from 37.9% to 35.1% over the past 5 years.

In regional markets, equities prices tracked the rally on Wall Street as optimism for a strong year-end finish grew.

Investors are growing more confident that the US Federal Reserve could begin cutting interest rates by as early as March, raising the risk appetite for equities.

In regional markets, equities prices tracked the rally on Wall Street as optimism for a strong year-end finish grew.

Investors are growing more confident that the US Federal Reserve could begin cutting interest rates by as early as March, raising the risk appetite for equities.

berwaspada, tiada kepastian lagi... mungkin another round of kerugian, dll... geng tangan ghaib berani lakukan semua :)

Kawan juga berjaya

F4GBM and F4GBMS Indices see 11 new constituents each
TheEdge Thu, Dec 14, 2023 08:53pm - 1 week


KUALA LUMPUR (Dec 14): Bursa Malaysia Bhd on Thursday announced 11 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and 11 new additions to the constituents of the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index following the latest semi-annual review of the indices.

In a statement on Thursday, the bourse said that the F4GBM Index includes public-listed companies (PLCs) with good liquidity and strong environmental, social, and governance practices.

“The F4GBM Index constituents are drawn from PLCs on the FTSE Bursa Malaysia Emas Index, comprising PLCs from across the small, medium and large market capitalisation segments.

“Meanwhile, the F4GBMS Index, which was launched in July 2021 with 54 constituents, is designed to track constituents in the F4GBM Index that are Shariah-compliant in accordance with the Shariah Advisory Council screening methodology,” it said.

The bourse said the new constituents of both indices are Advanced Synergy, Avaland, Classic Scenic, Datasonic Group, Gamuda, Kawan Food, Kinergy Advancement, Kossan Rubber, MSM Malaysia Holdings, OCK Group and TDM.

Both indices are reviewed semi-annually in June and December against international benchmarks.

“The exchange is pleased to see that the number of constituents on the F4GBM Index has continued to increase year-on-year since the inception of the index in 2014 with just 24 constituents,” it said.

For the latest review period of December 2023, it said the total number of constituents of the F4GBM Index and F4GBMS Index stood at 109 and 88, respectively.

It said that no PLC will drop out from the two indices in this round of review, and all constituent changes will take effect at the start of the business day on Dec 18, 2023 (Monday).

The updated listings of the F4GBM Index and F4GBMS Index will be available on the Bursa Malaysia website after Dec 22, 2023, via this link https://www.bursamalaysia.com/trade/our_products_services/indices/ftse4good-bursa malaysia-f4gbm-index.

https://www.thestar.com.my/business/business-news/2023/12/26/bumpy-ride-for-hsr-project

undervalued, share buyback non-stop :)

atest Announcement

Friday, 22 Dec 2023
6:06PM
KAWAN 811,200 shares purchased into treasury
6:06PM
KAWAN 110,400 shares purchased into treasury
Thursday, 21 Dec 2023
5:30PM
KAWAN 150,300 shares purchased into treasury
Wednesday, 20 Dec 2023
5:33PM
KAWAN 133,000 shares purchased into treasury
Monday, 18 Dec 2023
5:50PM
KAWAN 114,700 shares purchased into treasury
Friday, 15 Dec 2023
5:36PM
KAWAN 106,000 shares purchased into treasury
Thursday, 14 Dec 2023
5:46PM
KAWAN 107,200 shares purchased into treasury
Wednesday, 13 Dec 2023
5:38PM
KAWAN 1,133,400 shares purchased into treasury
5:38PM
KAWAN 200,000 shares purchased into treasury
Tuesday, 12 Dec 2023
6:25PM
KAWAN 180,800 shares purchased into treasury
Friday, 8 Dec 2023
5:26PM
KAWAN 145,600 shares purchased into treasury
Thursday, 7 Dec 2023
5:44PM
KAWAN 185,000 shares purchased into treasury
Wednesday, 6 Dec 2023
5:18PM
KAWAN 137,500 shares purchased into treasury
Tuesday, 5 Dec 2023
5:54PM
KAWAN 171,300 shares purchased into treasury
Monday, 4 Dec 2023
5:45PM
KAWAN 205,400 shares purchased into treasury
Friday, 1 Dec 2023
5:31PM
KAWAN 107,800 shares purchased into treasury
5:30PM
KAWAN 1,860,800 shares purchased into treasury
Thursday, 30 Nov 2023
5:45PM
KAWAN 159,700 shares purchased into treasury
Wednesday, 29 Nov 2023
5:14PM
KAWAN 240,000 shares purchased into treasury
Tuesday, 28 Nov 2023
5:08PM
KAWAN 198,000 shares purchased into treasury
Monday, 27 Nov 2023
5:41PM
KAWAN 262,800 shares purchased into treasury
Friday, 24 Nov 2023
6:08PM
KAWAN 199,200 shares purchased into treasury
Thursday, 23 Nov 2023
6:19PM
KAWAN 274,300 shares purchased into treasury

Dividen tak pernah berhenti :)

Announced Financial Year Subject EX Date Payment Date Amount Indicator
27 Feb 2023 31 Dec 2023 Interim Dividend 13 Mar 2023 31 Mar 2023 0.0360 Currency View
01 Mar 2022 31 Dec 2022 Interim Dividend 15 Mar 2022 30 Mar 2022 0.0300 Currency View
22 Feb 2021 31 Dec 2021 Interim Dividend 08 Mar 2021 30 Mar 2021 0.0300 Currency View
03 Mar 2020 31 Dec 2020 Interim Dividend 17 Mar 2020 30 Mar 2020 0.0250 Currency View
04 Mar 2019 31 Dec 2019 Interim Dividend 15 Mar 2019 29 Mar 2019 0.0250 Currency View
01 Mar 2018 31 Dec 2018 Interim Dividend 14 Mar 2018 30 Mar 2018 0.0250 Currency View
03 Mar 2017 31 Dec 2017 Interim Dividend 16 Mar 2017 31 Mar 2017 0.0250 Currency View
30 Nov 2016 31 Dec 2016 Special Dividend 15 Dec 2016 28 Dec 2016 0.0350 Currency View
04 Mar 2016 31 Dec 2016 Interim Dividend 06 Apr 2016 22 Apr 2016 0.0250 Currency View
06 Mar 2015 31 Dec 2015 Interim Dividend 19 Mar 2015 02 Apr 2015 0.0200 Currency View
07 Mar 2014 31 Dec 2014 Special Dividend 27 Mar 2014 15 Apr 2014 0.0360 Currency View
07 Mar 2014 31 Dec 2014 Interim Dividend 27 Mar 2014 15 Apr 2014 0.0180 Currency View
10 May 2013 31 Dec 2013 Interim Dividend 23 May 2013 12 Jun 2013 0.0180 Currency View
02 May 2012 31 Dec 2012 Interim Dividend 16 May 2012 31 May 2012 0.0240 Currency View
11 May 2011 31 Dec 2011 Interim Dividend 27 May 2011 17 Jun 2011 0.0140 Currency View
15 Mar 2010 31 Dec 2010 Interim Dividend 29 Mar 2010 30 Apr 2010 0.0140 Currency View
16 Mar 2009 31 Dec 2008 Interim Dividend 27 Mar 2009 30 Apr 2009 0.0140 RM View
19 Nov 2007 31 Dec 2007 First Interim Dividend 03 Dec 2007 17 Dec 2007 0.0250 RM View
24 Apr 2007 31 Dec 2006 Second interim dividend 11 May 2007 25 May 2007 4.0000 Percentage View
29 Aug 2006 31 Dec 2006 First Interim Dividend 15 Sep 2006 28 Sep 2006 2.0000 Percentage View
28 Jun 2006 31 Dec 2005 Final Dividend 14 Jul 2006 08 Aug 2006 3.0000 Percentage View
29 Nov 2005 31 Dec 2005 First Interim Dividend 15 Dec 2005 30 Dec 2005 2.0000 Percentage View

tunggu bonus syer, masa dah kian hampir :)

Announced EX Date Subject Ratio Offer
21 Aug 2017 04 Sep 2017 Bonus Issue 1 : 3 View
08 Dec 2014 18 Dec 2014 Bonus Issue 1 : 2 View
13 Jul 2011 25 Jul 2011 Others (warrant) 1 : 2 View
03 Jul 2008 16 Jul 2008 Bonus Issue 1 : 2 View

do research ya!

Summary from 14/08/2009 to 03/10/2023
Highest Price 4.7500 First Occurred on 11/08/2017

VWAP:1.8057 sampai kini ~ RM1.81 :)

usah lepaskan peluang terbaik untuk menyapu syer kawan pd harga ~1.80+/- kini....

retailers yg tak mampu hold, bermain kontra jual pd harga lelong, grab je lah

accumulate n wait for bonus syer macam bjfood, 1 existing share dapat 3/4 bonus syer. hahaha

a sudden jump to RM2.10 as per Public Invest latest forecast? fun to make money

countdown to another sudden rise kot? exciting time for KAWAN :)

Kawan Food Berhad - Recovery in Export Sales

PublicInvest
Publish date: Thu, 23 Nov 2023, 10:40 AM
Kawan Food Bhd (Kawan) reported a 25.9% YoY decline in 3QFY23 net profit to RM7.7m. After stripping off non-operating items such as forex gain, inventories write-off, write back of slow-moving inventories and fair value loss on financial assets, 3QFY23 core net profit stood at RM7.7m, +6.6% YoY. This was mainly driven by stronger export sales, primarily in North America and Asia. For cumulative 9MFY23, core net profit of RM18.6m was in line with our expectation but came in below consensus at 73% and 61% respectively. We maintain our FY23-25F earnings forecasts. We continue to like Kawan as we expect its growth to be supported by the resilient demand for frozen food, stronger flatbread export sales from its new export clients as well as new product launches. We maintain our Outperform call with a TP of RM2.10 based on 20x FY24F EPS.

3QFY23 revenue rose 10.3% YoY to RM79.2m, driven by stronger sales from export markets especially among the North America (+41.2% YoY) and Asia region (+17.8% YoY). The better performance was mainly due to the resumption in orders from its existing customers given the ease in inventory glut. On the other hand, local sales dipped marginally by 0.4% YoY from RM31.4m in 3QFY22 to RM31.3m in the current quarter.
3QFY23 core net profit increased by 6.6% YoY to RM7.7m, likely due to higher production efficiency from greater economies of scale given the stronger sales from export markets. This had resulted in a 3.6ppts improvement in Kawan’s GP margin to 33.8% (3QFY22: 30.2%).
Outlook. We continue to expect Kawan to post stronger QoQ results in 4QFY23, driven by a stronger demand from both local and export market. This is mainly due to seasonality factors which we believe should see a pick-up in local sales, further supported by the resumption in orders from its export clients and new product offerings. In addition, we think that frozen food demand will remain resilient as consumers may choose to dine-in at home giving the rising cost pressures. We are anticipating an improvement in margins on lower raw material costs and a stronger USD. Note that Kawan’s key raw material, wheat and CPO prices have declined by a YTD of c.30% and c.10% respectively.
Source: PublicInvest Research - 23 Nov 2023

good buy now/// :)
2023-12-22

Insider

KAWAN FOOD BHD buyback 110,400 shares from 1.870 to 1.880 on 22-Dec-2023.

2023-12-22

Insider

KAWAN FOOD BHD buyback 811,200 shares from 1.830 to 1.880 on 13-Dec-2023 - 21-Dec-2023.

2023-12-21

Insider

KAWAN FOOD BHD buyback 150,300 shares from 1.830 to 1.880 on 21-Dec-2023.

Rising Momentum
2024 should be a better year for Malaysia. While we expect slower global growth, we see green shoots in ASEAN, brightening its growth outlook. For Malaysia, we forecast GDP growth to be firmer (2024E: +4.4%; 2023E: +3.9%), while for equities, the tail-end of global monetary policy tightening, stable domestic interest rate outlook, economic transformation, and rising FDI momentum are the key catalysts. We also look forward to better corporate earnings growth. Our YE 2024 KLCI target is 1,610.

Bos tua dah mati, anak2nya mau jual kot?