Change in Principal Officer
KAWAN FOOD BERHAD

Date of change 01 Jan 2024
Name MR ADAM PANDIAN
Age 61
Gender Male
Nationality Singapore
Type of change Appointment
Designation Group Chief Executive Officer
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Degree
Bachelor of Business Administration
National University of Singapore

Working experience and occupation Mr Adam joined Kawan Food Berhad Group of companies ("Kawan Group") as Advisor to Executive Chairman and Head of Transformation.

He has more than 35 years management experience in commercial, supply chain and corporate roles, developing and implementing transformation strategies across various industries and organizations with a foundation in fast-moving consumer goods.

He started his career in Procter & Gamble in brand management, he moved on to several senior positions including Account Director for Leo Burnett, Regional Account Director for Saatchi & Saatchi, General Manager and Commercial Director for Keebler, and as Managing Director ("MD") for Greater China and Southeast Asia for Kellogg.

Prior to joining Kawan Group in April 2023, he held Chief Operating Officer roles in various divisions within the Hap Seng Group as well as corporate roles within the Group MDs office where he served in change management, business turnarounds and driving group synergy across operating divisions.
Directorships in public companies and listed issuers (if any) None
Family relationship with any director and/or major shareholder of the listed issuer None
Any conflict of interests that he/she has with the listed issuer None
Details of any interest in the securities of the listed issuer or its subsidiaries Direct interest - 3,330,000 ordinary shares in the Company.


Announcement Info
Company Name KAWAN FOOD BERHAD
Stock Name KAWAN
Date Announced 29 Dec 2023
Category Change in Principal Officer
Reference Number C04-04042023-00002

Impressive :)

Kawan Food appoints Adam Pandian, formerly with Kellogg's, as CEO | https://www.klsescreener.com/v2/news/view/1255067

KUALA LUMPUR (Dec 29): Kawan Food Bhd has appointed Adam Pandian as its new chief executive officer, effective from next Monday (Jan 1).

In a bourse filing on Friday, the company said Adam will take on the role, which was left vacant by Ng Hooi Kai, who resigned on Aug 2 this year after serving the role for two years and seven months.

Adam joined Kawan Food in April 2023 as an adviser to the executive chairman and head of transformation.

Adam started his career in Procter & Gamble in brand management, then moved on to several senior positions including the account director for Leo Burnett, regional account director for Saatchi & Saatchi, general manager and commercial director for Keebler, and as managing director for Greater China and Southeast Asia for Kellogg's.

Prior to joining Kawan Food, he held the chief operating officer roles in various divisions within the Hap Seng group, as well as corporate roles within the group managing director office, where he served in change management, business turnarounds and driving group synergy across operating divisions.

He has more than 35 years of management experience in commercial, supply chain and corporate roles, developing and implementing transformation strategies across various industries and organisations with a foundation in fast-moving consumer goods, Kawan Food said.

Kawan Food's earnings has normalised after hitting a new record in the year ended Dec 31, 2022 (FY2022), with a net profit of RM38.5 million and revenue of RM293.2 million.

For the cumulative nine months ended Sept 30, 2023, Kawan Food's net profit fell 28.73% to RM21.27 million or 5.94 sen per share, from RM29.85 million a year earlier, despite revenue rising 2.22% to RM225.77 million, from RM220.88 million previously, as cost of sales inched up slightly, coupled with higher expenses as well as income tax recorded.

Shares in Kawan Food settled at RM1.80 each on Friday, down two sen or 1.1%, bringing the company a market capitalisation of RM653 million.

Year-to-date, the stock has fallen 19%.

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 -
22/12/2022 00:00:00 0.8300 0.0150 100,000 100,000 83,000 83,000 0.8300 0.0098 -
01/12/2022 00:00:00 0.7300 -0.0650 1.400m 2.000m 1.022m 1.460m 0.7300 0.1372 -
01/12/2022 00:00:00 0.7300 -0.0650 600,000 2.000m 438,000 1.460m 0.7300 0.0588 -
29/11/2022 00:00:00 0.7300 0.0250 1.200m 3.000m 876,000 2.190m 0.7300 0.1176 -
29/11/2022 00:00:00 0.7300 0.0250 1.800m 3.000m 1.314m 2.190m 0.7300 0.1765 -

medium & long term investmentLAH :)

27-Feb-2023 13-Mar-2023 DIVIDEND Interim Dividend RM 0.0360
01-Mar-2022 15-Mar-2022 DIVIDEND Interim Dividend RM 0.0300
22-Feb-2021 08-Mar-2021 DIVIDEND Interim Dividend RM 0.0300
03-Mar-2020 17-Mar-2020 DIVIDEND Interim Dividend RM 0.0250
04-Mar-2019 15-Mar-2019 DIVIDEND Interim Dividend RM 0.025
01-Mar-2018 14-Mar-2018 DIVIDEND Interim Dividend RM 0.025
01-Sep-2017 05-Sep-2017 BONUS_ISSUE Bonus Issue 1 : 3
03-Mar-2017 16-Mar-2017 DIVIDEND Interim Dividend RM 0.025
30-Nov-2016 15-Dec-2016 DIVIDEND Special Dividend RM 0.035
04-Mar-2016 06-Apr-2016 DIVIDEND Interim Dividend RM 0.0250
06-Mar-2015 19-Mar-2015 DIVIDEND Interim Dividend RM 0.02
08-Dec-2014 18-Dec-2014 BONUS_ISSUE Bonus Issue 1 : 2
08-Dec-2014 18-Dec-2014 OTHERS Others 1 : 2
07-Mar-2014 27-Mar-2014 DIVIDEND Interim Dividend RM 0.018
07-Mar-2014 27-Mar-2014 DIVIDEND Special Dividend RM 0.036
10-May-2013 23-May-2013 DIVIDEND Interim Dividend RM 0.018
02-May-2012 16-May-2012 DIVIDEND Interim Dividend RM 0.024
13-Jul-2011 25-Jul-2011 FREE_WARRANT Others 1 : 2
11-May-2011 27-May-2011 DIVIDEND Interim Dividend RM 0.014
15-Mar-2010 29-Mar-2010 DIVIDEND Interim Dividend RM 0.014
16-Mar-2009 27-Mar-2009 DIVIDEND Interim Dividend RM 0.014
03-Jul-2008 16-Jul-2008 BONUS_ISSUE Bonus Issue 1 : 2
19-Nov-2007 03-Dec-2007 DIVIDEND First Interim Dividend RM 0.025
24-Apr-2007 11-May-2007 DIVIDEND Second interim dividend 4%
29-Aug-2006 15-Sep-2006 DIVIDEND First Interim Dividend 2%

dividen masih ada, apa kamu mau lagi? sabar je :)

10-Apr-2023 26-May-2023 DIVIDEND Second Interim Dividend RM 0.0070
26-Aug-2022 26-Sep-2022 DIVIDEND Interim Dividend RM 0.0050
28-Feb-2022 11-Apr-2022 DIVIDEND Interim Dividend RM 0.0130

sentiasa ada dividen, dll.. apa kamu mau lagi? :)
30-Aug-2023 14-Sep-2023 DIVIDEND Interim Dividend RM 0.0150
27-Feb-2023 13-Mar-2023 DIVIDEND Second Interim Dividend RM 0.0150
25-Aug-2022 08-Sep-2022 DIVIDEND Interim Dividend RM 0.0150
28-Feb-2022 14-Mar-2022 DIVIDEND Interim Dividend 0.0200%
26-Feb-2021 12-Mar-2021 DIVIDEND Interim Dividend RM 0.0100
27-Feb-2020 12-Mar-2020 DIVIDEND Second Interim Dividend RM 0.0180
23-Dec-2019 08-Jan-2020 INTEREST Coupon Payment 5.0000%
14-Aug-2019 28-Aug-2019 DIVIDEND Interim Dividend RM 0.012
27-Feb-2019 13-Mar-2019 DIVIDEND Second interim dividend RM 0.01
12-Dec-2018 24-Dec-2018 RIGHTS_ISSUE Rights Issue 2 : 5
12-Dec-2018 24-Dec-2018 RIGHTS_ISSUE Rights Issue 3 : 10
17-Aug-2018 04-Sep-2018 DIVIDEND Interim Dividend RM 0.02
28-Feb-2018 14-Mar-2018 DIVIDEND Second interim dividend RM 0.035
31-Aug-2017 30-Aug-2017 DIVIDEND Interim Dividend RM 0.03
23-Feb-2017 08-Mar-2017 DIVIDEND Interim Dividend RM 0.035
17-Aug-2016 29-Aug-2016 DIVIDEND Interim Dividend RM 0.03
24-Feb-2016 09-Mar-2016 DIVIDEND Second interim dividend RM 0.0200
06-Aug-2015 19-Aug-2015 DIVIDEND Interim Dividend RM 0.0200
23-Feb-2015 09-Mar-2015 DIVIDEND Second interim dividend RM 0.035
22-Aug-2014 05-Sep-2014 DIVIDEND Interim Dividend RM 0.03
20-Nov-2013 02-Dec-2013 DIVIDEND Second interim dividend RM 0.06
21-Aug-2013 02-Sep-2013 DIVIDEND Interim Dividend RM 0.03
27-Feb-2013 11-Mar-2013 DIVIDEND Interim Dividend RM 0.03
21-Mar-2012 02-Apr-2012 DIVIDEND Special Dividend RM 0.62
21-Mar-2012 02-Apr-2012 RIGHTS_ISSUE Rights Issue 2 : 2

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
14/10/2022 00:00:00 0.6400 - 204,400 204,400 130,816 130,816 0.6400 0.0136 -
13/10/2022 00:00:00 0.6450 - 476,900 476,900 307,601 307,601 0.6450 0.0318 -
30/08/2022 00:00:00 0.6900 -0.0300 800,000 800,000 552,000 552,000 0.6900 0.0533 -
28/07/2022 00:00:00 0.6200 0.0250 880,400 880,400 545,848 545,848 0.6200 0.0587 -
27/07/2022 00:00:00 0.6250 0.0400 860,000 860,000 537,500 537,500 0.6250 0.0573 -
25/07/2022 00:00:00 0.6300 0.0250 1.725m 1.725m 1.087m 1.087m 0.6300 0.1150 -
07/07/2022 00:00:00 0.5650 -0.0300 1.725m 1.725m 974,851 974,851 0.5650 0.1150 -
05/07/2022 00:00:00 0.5700 -0.0550 1.740m 1.740m 991,800 991,800 0.5700 0.1160 -
28/06/2022 00:00:00 0.6000 -0.0300 47,000 47,000 28,200 28,200 0.6000 0.0031 -
27/06/2022 00:00:00 0.6000 -0.0050 17,000 17,000 10,200 10,200 0.6000 0.0011 -
15/06/2022 00:00:00 0.5900 -0.0200 1.629m 1.629m 961,346 961,346 0.5900 0.1086 -
20/05/2022 00:00:00 0.8000 -0.0050 10,000 10,000 8,000 8,000 0.8000 0.0007 -
13/05/2022 00:00:00 0.8000 0.0050 10,000 10,000 8,000 8,000 0.8000 0.0007 -
27/04/2022 00:00:00 0.7000 -0.1450 111,000 111,000 77,700 77,700 0.7000 0.0074 -
26/04/2022 00:00:00 0.8000 -0.0500 145,800 145,800 116,640 116,640 0.8000 0.0097 -
03/03/2022 00:00:00 0.8400 -0.0100 45,800 1.602m 38,472 1.265m 0.7898 0.0031 -
03/03/2022 00:00:00 0.8400 -0.0100 151,400 1.602m 127,176 1.265m 0.7898 0.0101 -
03/03/2022 00:00:00 0.8400 -0.0100 66,200 1.602m 55,608 1.265m 0.7898 0.0044 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 62,800 1.602m 52,752 1.265m 0.7898 0.0042 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 62,300 1.602m 52,332 1.265m 0.7898 0.0042 -
03/03/2022 00:00:00 0.8400 -0.0100 40,000 1.602m 33,600 1.265m 0.7898 0.0027 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 40,000 1.602m 33,600 1.265m 0.7898 0.0027 -
03/03/2022 00:00:00 0.8400 -0.0100 58,300 1.602m 48,972 1.265m 0.7898 0.0039 -
03/03/2022 00:00:00 0.8400 -0.0100 150,000 1.602m 126,000 1.265m 0.7898 0.0100 -
03/03/2022 00:00:00 0.7000 -0.1500 429,000 1.602m 300,300 1.265m 0.7898 0.0286 -
03/03/2022 00:00:00 0.7000 -0.1500 145,800 1.602m 102,060 1.265m 0.7898 0.0097 -
25/01/2022 00:00:00 0.9000 -0.1700 200,000 200,000 180,000 180,000 0.9000 0.0133 -
Summary from 25/01/2022 to 14/10/2022
Highest Price 0.9000 First Occurred on 25/01/2022
Lowest Price 0.5650 First Occurred on 07/07/2022
Highest Volume 1.740m First Occurred on 05/07/2022

Harga semasa lebih rendah drp nta jugak

Masih untung Dan bayar dividen, why not, buy to keep, dah bottom out now.harga lantai.. No way to time pasaran with accuracy

Ramai tak mamou makan kat luar kini. Roti canai & teh kat kedai mamak dah rm5.

Produk frozen roti canai, capati, dhal, dll berpotensi tak terhad.. Happy investing. Makan tengahari kat rumah, roti canai & dhal KAWAN, enak sekali :)

Good price 64sen... Mflour, yearly profit n dividend takda isu, set up by Robert kuok.tak macam msm yg asyik rugi selepas dijual kepada felda :)

during challenging times, konsumer beli frozen foods dari KAWAN lebih kerap drp Senheng, keperluan vs kehendak... buy and keep senheng for the long term... takda holding power usah beli good luck... Happy new year. last day of trading

IPO@RM1.07 ---> 33sen now.... hahaha

support local company :)

Unbelievable
KUALA LUMPUR (Jan 25): Consumer electrical and electronics retailer Senheng New Retail Bhd faltered on its maiden trading day on Bursa Malaysia’s Main Market on Tuesday (Jan 25).

It opened at 90 sen and rose to as high as RM1.01 before closing at 85.5 sen, representing a 21.5 sen or 20.09% discount from its initial public offering (IPO) price of RM1.07.

At 85.5 sen, the retail group had a market capitalisation of RM1.28 billion.

sure rebound punya... lawan MyCC, terindah ... usah tunduk kerana benar... terbaik... tutup pada 84.5sen... bagus

Beli in stages , tak mampu time pasaran perfectly

Mflour sentiasa untung & bagi dividen, bukan msm haha

Bagus, kita lawan. Bila dah menang kes, terus terbang 20sen, dll :)


KUALA LUMPUR: Malayan Flour Mills Bhd (MFM) and its joint venture company, Dindings Poultry Development Centre Sdn Bhd, are in consultation with their external legal counsel to challenge the Malaysia Competition Commission’s (MyCC) decision to impose a penalty of RM70.02mil for a price-fixing infringement.

In a filing with Bursa Malaysia yesterday, the companies claimed that the commission’s finding of infringement was without merit.

“MFM and Dindings Poultry will take the necessary and appropriate action to appeal the decision and apply for a stay of the decision in the interim,” it said.

Last week, MyCC said it had imposed a penalty of nearly RM415.5mil against five poultry feed manufacturers for infringing Section 4 of the Competition Act 2010 (Act 712) by forming a price-fixing cartel for poultry feed.

“The companies were Leong Hup Feedmill (M) Sdn Bhd, FFM Bhd, Gold Coin Feedmills (M) Sdn Bhd, Dindings Poultry Development Centre Sdn Bhd and PK Agro-Industrial Products (M) Sdn Bhd,” it said.

The commission said its investigation uncovered evidence of identical increments in poultry feed prices among the parties from January 2020 to June 2022, in addition to the conciusion that the five enterprises had employed a calculated strategy to create the illusion of rising poultry feed costs due to hikes in raw material costs. — Bernama

Ya, very likely , refer to its annual report 2022. New subsidiaries, advisor to Chairman, etc... Expansion is on kot? Many unit trusts fund juga include kawan.

Robert kuok control punya syarikat... Semasa mco, derma banyak barang untuk menolong b40, dll...

Once in a lifetime punya chance. Makan kau wakaka

Peluang untuk membelinya. Kalau bukan kes sampah tu, harga tak kan turun. Bila memang kes nanti , naik 10-20sen balik pulak .

2024: Interest rate Down, usd Down, import cost for raw materials, etc Down...

More tourists: roti & flour UP... Profit will fly in 2024

Ownership Type (As of Latest Filing)
TYPE INVESTORS % O/S POSITION (M Shares) VALUE(M USD)
Individual Investor 16 26.68 272.27 47.23
Corporation 13 21.91 223.60 38.79
Government Agency 2 2.5 25.48 4.42
Mutual Fund 43 2.3 23.50 4.19
Investment Advisor 10 2.1 21.43 3.62
Investment Advisor/Hedge Fund 4 1.41 14.47 1.96
Holding Company 1 0.87 8.84 1.53

Consensus Target PriceRM0.80
DifferenceRM0.17
Potential Gain/Loss (%)25.98%
Consensus Date23 Nov 2023
Outperform

Ownership Type (As of Latest Filing)
TYPE INVESTORS % O/S POSITION (M Shares) VALUE(M USD)
Individual Investor 20 50.95 184.71 88.59
Corporation 1 20.34 73.75 30.65
Investment Advisor 10 8.03 29.09 13.94
Mutual Fund 40 5.92 21.46 10.08
Pension Fund 1 1.3 4.71 2.26
Insurance Company 1 0.58 2.11 1.02
Investment Advisor/Hedge Fund 3 0.11 0.39 0.17

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

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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.