KLSE (MYR): KUB (6874)
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Last Price
0.71
Today's Change
-0.01 (1.39%)
Day's Change
0.71 - 0.72
Trading Volume
14,100
2024-11-13
2024-11-13
2024-11-07
2024-11-07
2024-11-07
John1234
2,020 posts
Posted by John1234 > 2021-03-06 19:34 | Report Abuse
Yesterday, we saw a breakout above on high trading vol from its recent consolidation. This is supported with news of a "confirmed" 2 oil palm assets sale worth a cash consideration of RM158m(details as in the circular to shareholders below).
Based on the circular, the Group is expected to realise a net gain of approximately
RM122.13 million arising from the proposed disposal. This will contribute positively to the next quarterly report.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3084621
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3135836