Posted by Sslee > 2019-06-03 20:20 | Report Abuse

Dear Easy Wong,
Thank you for your blog post on KSL AGM.
Many thanks also to all the AGM attendees for posting many follow up interesting questions.

I think one of the important question miss out is asking the Board why spend the cash on below land purchase in 2018 when part of this cash can be used to pay dividend.

Mukim of Pulai vacant free hold Land held for Development 8,208,099 sq ft: Net book value RM 180,674,963. RM 22.0 per sq ft. Date of acquisition: 20.03.2018
Mukim of Tebrau vacant lease hold Land held for Development 5,137,998 sq ft: Net book value RM 134,021,551. RM 26.1 per sq ft. Date of acquisition: 12.03.2018

Thank you

Posted by Victor Yong > 2019-12-17 14:58 | Report Abuse

if the top mgmt is greedy, never pay dividend, what can u do? complain to MWDG? :)