Posted by RVI123 > 2019-09-17 15:25 | Report Abuse

You want to know why they prefer to pay Directors Remuneration Packages instead of dividends?

If KSL pays RM30mil Directors Remuneration Packages, the directors sapu all the RM30mil.

If KSL pays RM30mil Dividends, the directors get only RM12mil. The other shareholders get RM18mil.

That is why the directors choose to pay out Directors Remuneration Packages instead of Dividends. Very selfish of them to sapu everything for themselves and leave nothing for the minority shareholders..

Posted by lcng123 > 2019-10-04 18:23 | Report Abuse

How's the progress of KSL City Mall Klang ?

Posted by Lee Ying Yee > 2019-10-04 20:57 | Report Abuse

d project .

Posted by yfchong > 2019-10-09 16:59 | Report Abuse

Ksl klang project really slow

Posted by upsidedown119 > 2019-10-11 10:08 | Report Abuse

KSL's directors' shenanigans at the expense of the minorities won't benefit them. In the end they will cough up every sen (and more) that they have caused the minority shareholders to lose by misleading data and in not keeping their promises.

Posted by tanhy123 > 2019-10-26 20:13 | Report Abuse

Ksl has inventories for high rise which will benefit from the adjustment of threshold for foreigners?

Posted by enjoe > 2019-10-27 02:19 | Report Abuse

Of course, at johor side... Many Singaporean will buy

Posted by lcng123 > 2019-11-11 13:05 | Report Abuse

Anybody here can share the progress of KSL City Mall Klang ?

Posted by lcng123 > 2019-11-12 10:18 | Report Abuse

very soon their stake in KSL will be hit 50%

Posted by xiohai > 2019-11-12 20:48 | Report Abuse

selfish n selfish

Posted by lcng123 > 2019-11-12 20:50 | Report Abuse

If really privatised, the offer price should above RM1.00

Posted by xiohai > 2019-11-12 20:54 | Report Abuse

don't dream .

Posted by xiohai > 2019-11-12 20:56 | Report Abuse

wait for 5 years ,didn't get a cent ,,

Posted by Msys > 2019-11-12 20:56 | Report Abuse

all world economy are bad in actuality of fact,let US economy go back to crash only can find reality state....nobody want to buy fake

Posted by xiohai > 2019-11-12 21:30 | Report Abuse

ksl will become Musangking ??

Posted by 7300 > 2019-11-12 21:37 | Report Abuse

who are paying the maintenance fees n depreciations

Posted by Icon8888 > 2019-11-14 10:36 | Report Abuse

cheap

Posted by 10bagger10 > 2019-11-14 12:17 | Report Abuse

Sifu have how many lorries?

Posted by Icon8888 > 2019-11-14 12:19 | Report Abuse

one bicycle only

property counters not sexy

yet

Posted by GreatDreamer > 2019-11-14 12:56 | Report Abuse

Klang Mall, which heavily drain on KSL cashflow, Expected to be ready by end 2020. After that, if no big land acquisition, KSL may be paying div in 2021. So, it is not a time to rush in to buy now....

Posted by lcng123 > 2019-11-16 20:05 | Report Abuse

If you think KSL will be good in 2021, you should plan to buy in slowly at this moment. Otherwise you might be regret if it is too late.

Posted by yfchong > 2019-11-20 13:10 | Report Abuse

Ai yah... Ksl... Klang mall still slow.

Posted by MasterYoda > 2019-11-21 08:04 | Report Abuse

terrible directors,just boycott this company share and stop going ksl

Posted by lcng123 > 2019-11-22 10:44 | Report Abuse

yfchong, KSL klang mall progress slow ? Are you go on-site to check ? Some said progress slow some said progress on track.

Posted by tanhy123 > 2019-11-22 13:04 | Report Abuse

Johor state gov agreed to lower foreigner threshold to 600k. Bumi lot above 700k can apply to convert. https://m.malaysiakini.com/news/500815

Posted by Max88 > 2019-11-22 13:53 | Report Abuse

Klang mall now only at four and half floor from ground.

Posted by 10bagger10 > 2019-11-24 14:47 | Report Abuse

Maxx sifu, mind Total how many floor?

Posted by sctan > 2019-11-24 15:51 | Report Abuse

Should consist of hotel and apartment, shopping mall should be 4 or 5 floors. Anyone staying near there can give clearer picture on the progress?

Posted by lcng123 > 2019-11-24 16:56 | Report Abuse

Hope the new mall can start operation by end of 2020, then we all can start receive dividend

Posted by lcng123 > 2019-11-25 09:27 | Report Abuse

If both KSL mall in JB and Klang turn to reit, there will be a bonus for KSL investors.

Posted by enjoe > 2019-11-26 17:18 | Report Abuse

Gg.com

Posted by yfchong > 2019-12-01 11:48 | Report Abuse

GG

Posted by leong87654321 > 2019-12-03 22:52 | Report Abuse

Reit ..... talk only, no conclusion !!!!!!!

Posted by RVI123 > 2019-12-04 16:41 | Report Abuse

Comparison between BCB and KSL


---------------------- BCB ----------- KSL
Base ---------------- Johor --------- Johor
Share Price --------- 0.37 ---------- 0.76
NTA ---------------- 1.17 ---------- 2.91
PER ---------------- 3.41 ---------- 3.35

Posted by yfchong > 2019-12-05 13:43 | Report Abuse

Oh ksl can go down more?

Posted by lcng123 > 2019-12-06 10:48 | Report Abuse

@leong, if both KSL mall turn to Reit, that will be a bonus. If not, then will be fine. KSL mall @JB contributed 100mil profit before tax yearly for KSL, nearly 60% profit margin. I believe KSL mall @Klang can perform like in JB. Both KSL mall can contribute at least 200mil profit before tax (EPS 20sen). Current share price 76sen is damn cheap.

Posted by Invest_888 > 2019-12-06 11:50 | Report Abuse

KSL share damn cheap is truth. But KSL executive directors damn selfish and make fool of other shareholders is truth as well.

Posted by lcng123 > 2019-12-10 11:58 | Report Abuse

Can anyone here share some photo of current progress of KSL city mall Klang?

Posted by leong87654321 > 2019-12-10 23:00 | Report Abuse

Wait till ksl go down more!!!!

Posted by Good123 > 2019-12-10 23:35 | Report Abuse

gila dan tamak punya largest shareholder cum director, tak bagi dividend, dll .... terlalu tamak dan selfish

Posted by Good123 > 2019-12-10 23:36 | Report Abuse

jika nombor 1 macam taik, jangan harap apa2

Posted by xiohai > 2019-12-11 14:39 | Report Abuse

selfish family will D early.

Posted by leong87654321 > 2019-12-11 19:52 | Report Abuse

Big joker, holding 80 %.

Posted by yfchong > 2019-12-15 17:03 | Report Abuse

gg. Com

Posted by Victor Yong > 2019-12-17 14:53 | Report Abuse

mulai 2016 takda dividend although made a lot of profits. still trust the greedy mgmt?

12-Oct-2015 26-Oct-2015 DIVIDEND Interim Dividend RM 0.0200 Dividend Detail
08-Jul-2015 21-Jul-2015 DIVIDEND Final Dividend 10.0000% Dividend Detail
07-Jan-2015 27-Jan-2015 DIVIDEND Interim Dividend 10% Dividend Detail
04-Dec-2014 17-Dec-2014 BONUS_ISSUE Bonus Issue 1 : 1 Dividend Detail
27-May-2011 19-Aug-2011 DIVIDEND First and Final Dividend 10% Dividend Detail
14-Jul-2011 26-Jul-2011 RIGHTS_ISSUE Rights Issue 1 : 4 Dividend Detail
04-Jun-2010 26-Jul-2010 DIVIDEND First and Final Dividend 10% Dividend Detail
29-May-2009 19-Aug-2009 DIVIDEND First and Final Dividend 10% Dividend Detail
29-May-2008 20-Aug-2008 DIVIDEND First and Final Dividend 16% Dividend Detail
05-Nov-2007 30-Nov-2007 BONUS_ISSUE Bonus Issue 1 : 3 Dividend Detail
28-May-2007 20-Aug-2007 DIVIDEND First and Final Dividend 24% Dividend Detail
26-May-2006 18-Aug-2006 DIVIDEND First and Final Dividend 22% Dividend Detail
06-Jun-2005 25-Aug-2005 DIVIDEND First and Final Dividend 20% Dividend Detail
27-Apr-2004 16-Jul-2004 DIVIDEND First and Final Dividend 18% Dividend Detail
08-Oct-2003 23-Oct-2003 BONUS_ISSUE Bonus Issue 1 : 3 Dividend Detail
25-Apr-2003 17-Jul-2003 DIVIDEND First and Final Dividend 9% Dividend Detail
24-Apr-2002 18-Jul-2002 DIVIDEND First and Final Dividend 7.7% Dividend Detail

Posted by Victor Yong > 2019-12-17 14:55 | Report Abuse

any answers? :)


Questions for upcoming KSL 19th AGM on 30th May 2019.
Author: Sslee | Publish date: Fri, 17 May 2019, 7:32 PM

Dear KSL shareholder,

I send below email on 14/5/2019 to: info_kslh@ksl.my

I had not received any response from KSL, if any of you going to the AGM please cut and paste the questions into Microsoft office word, print out some copies distribute a copy to the BOD and proceed to ask the question during the Q&A session.

Thank you

Dear Mr. Ku Hwa Seng

KSL Executive Chairman

My name: Lee Son Sheng, I am a shareholder of KSL. I am writing this email to you because I’m unable to attend the upcoming KSL 19th AGM held at KSL Resorts, Level G, Infusion Private Room, 33, Jalan Seladang, Taman Abad, 80250 Johor Bahru, Johor Darul Takzim on Thursday, 30 May 2019 at 3.30 p.m. Thus I email my questions to you by this email.

I hope you will answer the question during the AGM to all the attendees and send me your written answers to my email after the AGM.

Looking forward to hearing from you.

Thank you



My questions:

Q1: Refer 2018 Cash flow statement, is KSL generated enough free cash flow to pay a dividend? (Yes/No)

Q2: Is KSL has enough cash reserve to pay a dividend? (Yes/No)

Q3: Any cash flow problem if KSL pay out 4 cents dividend for FY 2018? (Yes/No)

Refer Chairman’s statement 2014 Annual report: "I am also pleased to announce that the Group has adopted a dividend policy of distributing 40%of the Group’s annual net profit after tax from operations (excluding any fair value gains) to shareholders in the form of cash dividends or new share issuance under the Dividend Reinvestment Plan scheme. The dividend policy aims to attract long term investors and to enable shareholders enjoy higher returns in tandem with the expanding business"

Q4: What happen to the adopted dividend policy?

Q5: What happen to the promised the dividend policy aims to attract long term investors and to enable shareholders enjoy higher returns in tandem with the expanding business?

Q6: What are the reasons for financial year end 2016, 2017 and 2018 no dividend was given?

Refer 2018 Chairman’s statement “The Group’s financial position as at end-December 2018 was further strengthened with our retained profit and increased profitability, with shareholders’ equity growing to RM2,815 million from RM2,600 million in the previous year end”

Q7: Since KSL has a very strong financial position should the board reward the shareholder with reasonable dividend? (Yes/No)

Q8: Without a formal dividend policy KSL market price had dropped into penny stock (below RM 1.00) level. Should Board consider adopting a new formal dividend policy to give clarity to investing public that the BOD/Controlling shareholders interest is aligned with minority shareholders.

Comparison SKL with other dividend paying listed property companies and its market price on 10/5/2019

Company

NP to SH

EPS

NTA

Dividend

Market price



Million

Cents

Cents

Cents

Cents (10/5/2019)

SKL

223.200

21.91

277

0

86.0

SP Setia

670.959

14.80

303

8.55

208.0

Sunway

658.383

13.32

164

5.50

167.0

Mah Sing

271.582

7.83

144

6.50

96.5



Refer: Executive Directors Remuneration

Range of Remuneration

Executive Directors

RM 450,001 to RM 500,000

1

RM 9,500,001 to RM 10,000,000

3

Executive Chairman: Mr. KU HWA SENG. He is involved in the KSLH Group’s business development and operations in south Johor. He oversees the day-to-day management, decision-making and operations of Johor Bahru office.

Group Managing Director: Mr. KU CHENG HAI. He is responsible for the KSLH Group’s business development and day-to-day operations of the KSLH Group.

Executive Director: Mr. KU TIEN SEK. He is involved in the KSLH Group’s business development and operations in Klang Valley. He is also responsible for the development of the KSLH Group’s future expansion plans.

Executive Director: Mr. LEE CHYE TEE. He is presently responsible for the overall accounting and corporate finance functions of the KSLH Group.

Q9. I am glad to see KSL group is well managed and run by company founder three brothers where each taking up a section/area responsibility for the day-to-day management, decision-making and operations of the group as compare with other where a single CEO overall responsible for the day-to-day management, decision-making and operations of the group. I am bringing out this as I feel the remuneration is on the high side since each only responsible for a section/area of the group business. Hopefully next year this remuneration can be reviewed and any saving is used to pay a dividend. What is your opinion?

Please acknowledge receive of this email with a return acknowledgement of received.

Once again thank you



Yours Sincerely,

Lee Soon Sheng

Posted by Victor Yong > 2019-12-17 15:00 | Report Abuse

ada duit share buyback tapi tak bagi dividen dalam 2018 & 2017 :)

26-Apr-2018 26-Apr-2018 Buyback 500,000 0.925 0.930 View Detail
25-Apr-2018 26-Apr-2018 Buyback 979,900 0.925 0.930 View Detail
25-Apr-2018 25-Apr-2018 Buyback 479,900 0.930 0.930 View Detail
06-Apr-2018 06-Apr-2018 Buyback 52,100 0.930 0.930 View Detail
05-Apr-2018 05-Apr-2018 Buyback 500,000 0.930 0.930 View Detail
04-Apr-2018 04-Apr-2018 Buyback 1,048,200 0.940 0.945 View Detail
03-Apr-2018 06-Apr-2018 Buyback 1,917,100 0.930 0.950 View Detail
03-Apr-2018 03-Apr-2018 Buyback 316,800 0.945 0.950 View Detail
29-Mar-2018 29-Mar-2018 Buyback 88,100 0.935 0.945 View Detail
26-Mar-2018 26-Mar-2018 Buyback 49,700 0.950 0.955 View Detail
22-Mar-2018 29-Mar-2018 Buyback 165,200 0.935 0.975 View Detail
22-Mar-2018 22-Mar-2018 Buyback 27,400 0.975 0.975 View Detail
20-Mar-2018 20-Mar-2018 Buyback 300,000 1.000 1.000 View Detail
16-Mar-2018 16-Mar-2018 Buyback 1,000,000 1.010 1.010 View Detail
14-Mar-2018 20-Mar-2018 Buyback 1,800,000 1.000 1.010 View Detail
14-Mar-2018 14-Mar-2018 Buyback 500,000 1.010 1.010 View Detail
13-Mar-2018 13-Mar-2018 Buyback 558,100 1.000 1.010 View Detail
12-Mar-2018 12-Mar-2018 Buyback 323,300 1.010 1.010 View Detail
09-Mar-2018 09-Mar-2018 Buyback 102,700 1.010 1.010 View Detail
07-Mar-2018 07-Mar-2018 Buyback 734,600 1.010 1.010 View Detail
06-Mar-2018 06-Mar-2018 Buyback 586,100 1.010 1.020 View Detail
02-Mar-2018 13-Mar-2018 Buyback 3,143,800 1.000 1.030 View Detail
02-Mar-2018 02-Mar-2018 Buyback 839,000 1.020 1.030 View Detail
12-Dec-2017 12-Dec-2017 Buyback 250,000 1.150 1.150 View Detail
12-Dec-2017 12-Dec-2017 Buyback 250,000 1.150 1.150

Posted by Victor Yong > 2019-12-17 15:01 | Report Abuse

banyak wang dipakai untuk share buyback


27-Oct-2017 27-Oct-2017 Buyback 361,100 1.260 1.260 View Detail
27-Oct-2017 27-Oct-2017 Buyback 361,100 1.260 1.260 View Detail
20-Oct-2017 20-Oct-2017 Buyback 95,900 1.270 1.270 View Detail
20-Oct-2017 20-Oct-2017 Buyback 95,900 1.270 1.270 View Detail
11-Oct-2017 11-Oct-2017 Buyback 185,700 1.270 1.270 View Detail
10-Oct-2017 10-Oct-2017 Buyback 263,100 1.270 1.270 View Detail
09-Oct-2017 11-Oct-2017 Buyback 492,900 1.270 1.270 View Detail
09-Oct-2017 09-Oct-2017 Buyback 44,100 1.270 1.270 View Detail
03-Oct-2017 03-Oct-2017 Buyback 350,500 1.260 1.280 View Detail
03-Oct-2017 03-Oct-2017 Buyback 350,500 1.260 1.280 View Detail
29-Sep-2017 29-Sep-2017 Buyback 332,000 1.260 1.260 View Detail
27-Sep-2017 27-Sep-2017 Buyback 95,500 1.250 1.250 View Detail
26-Sep-2017 29-Sep-2017 Buyback 870,800 1.240 1.260 View Detail
26-Sep-2017 26-Sep-2017 Buyback 443,300 1.240 1.250 View Detail
21-Sep-2017 21-Sep-2017 Buyback 67,500 1.260 1.260 View Detail
20-Sep-2017 20-Sep-2017 Buyback 319,600 1.260 1.260 View Detail
19-Sep-2017 19-Sep-2017 Buyback 113,000 1.250 1.250 View Detail
18-Sep-2017 21-Sep-2017 Buyback 762,500 1.240 1.260 View Detail
18-Sep-2017 18-Sep-2017 Buyback 262,400 1.240 1.240 View Detail
15-Sep-2017 15-Sep-2017 Buyback 550,000 1.240 1.240 View Detail
11-Sep-2017 15-Sep-2017 Buyback 648,300 1.240 1.260 View Detail
11-Sep-2017 11-Sep-2017 Buyback 98,300 1.260 1.260 View Detail
08-Sep-2017 08-Sep-2017 Buyback 196,300 1.250 1.260 View Detail
06-Sep-2017 06-Sep-2017 Buyback 151,900 1.240 1.260 View Detail
05-Sep-2017 08-Sep-2017 Buyback 536,900 1.240 1.260

Posted by Victor Yong > 2019-12-17 15:02 | Report Abuse

bazir banyak wang beli balik share sejak 2015... harga saham 77sen sekarang :)


05-Sep-2017 05-Sep-2017 Buyback 188,700 1.240 1.240 View Detail
01-Dec-2016 01-Dec-2016 Buyback 51,300 1.070 1.070 View Detail
01-Dec-2016 01-Dec-2016 Buyback 51,300 1.070 1.070 View Detail
31-May-2016 31-May-2016 Buyback 90,400 1.100 1.150 View Detail
31-May-2016 31-May-2016 Buyback 90,400 1.110 1.150 View Detail
27-Aug-2015 27-Aug-2015 Buyback 14,200 1.340 1.340 View Detail
26-Aug-2015 26-Aug-2015 Buyback 386,700 1.330 1.340 View Detail
25-Aug-2015 25-Aug-2015 Buyback 387,900 1.330 1.330 View Detail
24-Aug-2015 27-Aug-2015 Buyback 1,133,800 1.330 1.390 View Detail
24-Aug-2015 24-Aug-2015 Buyback 345,000 1.380 1.390 View Detail
21-Aug-2015 21-Aug-2015 Buyback 414,300 1.430 1.430 View Detail
19-Aug-2015 19-Aug-2015 Buyback 533,400 1.430 1.430 View Detail
18-Aug-2015 18-Aug-2015 Buyback 61,400 1.430 1.430 View Detail
17-Aug-2015 21-Aug-2015 Buyback 1,606,900 1.380 1.430 View Detail
17-Aug-2015 17-Aug-2015 Buyback 597,800 1.380 1.390 View Detail
14-Aug-2015 14-Aug-2015 Buyback 453,600 1.410 1.420 View Detail
12-Aug-2015 12-Aug-2015 Buyback 606,100 1.420 1.430 View Detail
10-Aug-2015 14-Aug-2015 Buyback 1,739,100 1.410 1.470 View Detail
10-Aug-2015 10-Aug-2015 Buyback 679,400 1.460 1.470 View Detail
30-Apr-2015 30-Apr-2015 Buyback 100,000 1.920 1.930 View Detail
29-Apr-2015 30-Apr-2015 Buyback 150,000 1.920 1.940 View Detail
29-Apr-2015 29-Apr-2015 Buyback 50,000 1.940 1.940 View Detail
17-Mar-2015 17-Mar-2015 Buyback 204,500 2.160 2.170 View Detail
17-Mar-2015 17-Mar-2015 Buyback 204,500 2.160 2.170 View Detail
09-Mar-2015 09-Mar-2015 Buyback 200,000 2.120 2.130 View Detail

Posted by Victor Yong > 2019-12-17 15:03 | Report Abuse

mau harga saham naik, bagi dividen lebih baik daripada share buyback :)