KAWAN FOOD BHD

KLSE (MYR): KAWAN (7216)

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Last Price

1.68

Today's Change

-0.02 (1.18%)

Day's Change

1.68 - 1.71

Trading Volume

29,300


4 people like this.

1,540 comment(s). Last comment by Good123 1 day ago

Good123

26,596 posts

Posted by Good123 > 2023-12-20 16:36 | Report Abuse

kawan juga mempunyai kilang makanan halal di China....

Masak sendiri, berjimat cermat, big potensi bagi kawan di china... frozen foods , heat up, can eat already... RM2-3 per share next year probably... must follow up with this stock

Good123

26,596 posts

Posted by Good123 > 2023-12-20 16:37 | Report Abuse

apollo sold .... munchy sold..... oldtown sold..............next kawan? hahaha

Good123

26,596 posts

Posted by Good123 > 2023-12-21 11:01 | Report Abuse

kovid dan kemelesetan ekonomi berlarutan, baik bagi kawan... frozen foods .... high demand... affordable, easy to prepare in the office and at home terindah

Posted by Happyman123 > 2023-12-24 12:53 | Report Abuse

Does anyone aware that co. keep share buy back, anyone has any ideal why doing so? market price is undervalue?

Posted by jekati3033 > 2023-12-25 06:36 | Report Abuse

I am also very interested

Good123

26,596 posts

Posted by Good123 > 2023-12-26 12:07 | Report Abuse

KWNF Historical Data
Time Frame
Monthly
Download Data
01/01/2021 - 12/26/2023
Date Price Open High Low Vol. Change %
12/01/2023 1.840 1.880 1.880 1.810 131.40K -2.13%
11/01/2023 1.880 1.860 1.920 1.840 6.37M +0.53%
10/01/2023 1.870 1.800 1.900 1.770 9.25M +3.89%
09/01/2023 1.800 1.750 1.840 1.740 3.26M +2.27%
08/01/2023 1.760 1.860 1.910 1.680 5.78M -4.86%
07/01/2023 1.850 1.910 1.980 1.810 926.00K -2.63%
06/01/2023 1.900 1.980 1.990 1.810 1.58M -5.00%
05/01/2023 2.000 2.100 2.220 1.950 2.61M -3.85%
04/01/2023 2.080 2.130 2.180 2.080 606.90K -1.89%
03/01/2023 2.120 2.190 2.220 2.080 2.96M -2.75%
02/01/2023 2.180 2.200 2.280 2.120 2.23M -1.80%
01/01/2023 2.220 2.220 2.400 2.160 2.98M 0.00%
12/01/2022 2.220 2.210 2.240 2.050 4.61M +1.37%
11/01/2022 2.190 2.180 2.310 2.090 4.82M -0.45%
10/01/2022 2.200 2.150 2.410 2.100 9.86M +2.33%
09/01/2022 2.150 2.170 2.300 2.070 8.52M -0.92%
08/01/2022 2.170 1.900 2.190 1.790 9.02M +14.81%
07/01/2022 1.890 1.660 1.930 1.640 3.97M +13.17%
06/01/2022 1.670 1.690 1.820 1.640 3.00M -1.18%
05/01/2022 1.690 1.790 1.830 1.650 4.15M -5.06%
04/01/2022 1.780 1.630 1.800 1.600 4.20M +8.54%
03/01/2022 1.640 1.650 1.670 1.470 6.10M 0.00%
02/01/2022 1.640 1.470 1.700 1.450 5.27M +12.33%
01/01/2022 1.460 1.680 1.680 1.450 2.25M -10.98%
12/01/2021 1.640 1.600 1.690 1.550 1.19M +2.50%
11/01/2021 1.600 1.770 1.790 1.580 2.75M -9.60%
10/01/2021 1.770 1.810 1.850 1.740 3.07M -4.32%
09/01/2021 1.850 1.810 1.900 1.780 6.01M +2.78%
08/01/2021 1.800 1.880 1.950 1.760 4.11M -4.26%
07/01/2021 1.880 1.970 2.000 1.850 2.54M -4.08%
06/01/2021 1.960 2.070 2.160 1.940 5.10M -4.85%
05/01/2021 2.060 2.050 2.190 1.860 7.41M +0.98%
04/01/2021 2.040 1.850 2.060 1.800 9.04M +9.68%
03/01/2021 1.860 2.120 2.120 1.830 6.98M -12.26%
02/01/2021 2.120 1.940 2.150 1.740 18.65M +9.84%
01/01/2021 1.930 2.140 2.180 1.890 9.39M -7.21%

Good123

26,596 posts

Posted by Good123 > 2023-12-26 12:08 | Report Abuse

2024, ramai dijangka masak kat rumah... frozen foods senang dimasak, jualan dijangka naik lagi

Good123

26,596 posts

Posted by Good123 > 2023-12-26 16:36 | Report Abuse

no wonder share buyback is performed periodically...

I3investor: Price target analysis on I3investor suggests a potential range of RM2.34 to RM2.77 for KAWAN's share price in 2024.

Good123

26,596 posts

Posted by Good123 > 2023-12-26 16:38 | Report Abuse

Reasons why KAWAN might be a good investment:

Strong financial performance: KAWAN has shown consistent revenue and earnings growth in recent years, with an EPS growth rate of 29% over the past 3 years.
Dividend payout: KAWAN has a track record of paying out dividends to shareholders, offering a potential income stream.
Growth potential: The frozen food market is expected to continue growing in the coming years, which could benefit KAWAN.

Good123

26,596 posts

Posted by Good123 > 2023-12-27 09:46 | Report Abuse

Next, kawan. :)

KUALA LUMPUR (Dec 18): Keynote Capital Sdn Bhd, controlling shareholder of Apollo Food Holdings Bhd, is confirmed to be exiting the group after Scoop Capital Sdn Bhd, the franchisee of Baskin-Robbins, proposed to acquire Keynote's entire 51.31% stake in the confectionery maker for RM238.08 million in cash.

Scoop Capital is purchasing the 41.05 million Apollo shares from Keynote — the investment vehicle of Singaporeans Liang Chiang Heng and his younger brother Liang Kim Poh — at RM5.80 per share, a 7.4% premium to the last closing price of RM5.40.

According to a filing to Bursa on Monday, while Scoop Capital is obliged to extend an unconditional mandatory takeover offer to acquire all the remaining 48.49% stake in the group at RM5.80 per share, it intends to maintain the listing status of Apollo on the Main Market of Bursa Malaysia.

“Accordingly, in the event that Apollo does not comply with the public spread requirement (at least 25% of shares held by public shareholders) as a result of the offer, the offeror (Scoop Capital) will, together with Apollo, explore other options of proposals within three months from the closing date or such extended timeframe as allowed by the relevant authorities, to enable compliance by Apollo with the public spread requirement,” the filing read.

“As at the date of this notice, no arrangements on the above have been made,” it added.


Apollo makes compound chocolates, chocolate confectionery products and layer cakes under its own “Apollo” brand for both the local and overseas markets.

Based on a trailing earnings per share (EPS) of 44.02 sen, Scoop Capital’s RM5.80 per share consideration for Apollo’s shares values the company at a price-to-earnings ratio (PER) of 13.18 times.

Kawan Food Bhd, which makes frozen food — ranging from paratha, spring roll, pastry, chapati, finger food, bakery and desserts — under the “Kawan”, “KG Pastry”, “Veat” and “Aman” brands, is trading at a PER of 22.34 times — based on Monday’s close of RM1.85 and a trailing EPS of 8.28 sen.

Meanwhile, Hup Seng Industries Bhd, which makes biscuits under the “Cap Ping Pong” and “Hup Seng Cream Crackers”, is trading at a PER of 14.32 times — based on a closing price of 78.5 sen and a trailing EPS of 5.48 sen.

Apollo said a share sale agreement has been entered between Scoop Capital and Keynote for the deal, with the share transfer to take effect via a direct transaction on Dec 19.

The announcement confirms a report in The Edge last Friday (Dec 15) that Chiang Heng and Kim Poh wanted to dispose of their 51.31% stake in Apollo under Keynote.

Scoop Capital — 90%-owned by Datuk Cheah See Yeong, while the remaining 10% is held by his spouse Datin Soon Gock Lan @ Soon Geok Lin — owns a 100% stake in Golden Scoop Sdn Bhd, which is the master franchisee for ice cream brand Baskin-Robbins in Malaysia and Singapore.

At Apollo's request, the counter, which climbed 49.2% year to date, was suspended from trading on Monday pending the release of the acquisition news. It will resume trading on Tuesday at 9am.

Keynote's Chiang Heng, 73, currently serves as Apollo’s executive chairman, while Kim Poh, 62, is the group's managing director. It was reported that with the pair of brothers advancing in age, coupled with the lack of a clear succession plan, rumours were abound of their interest in exiting the group.

Chiang Heng has been with Apollo since 1979 and was appointed as MD in 1996, followed by ascending to his current role in 1998. Kim Poh joined the group’s board in 1998, before assuming his MD role in 2017.

Apollo, a strong household brand in Malaysia, has been listed on the local bourse since 2000. The group has been consistently profitable and a regular dividend payer over the past two decades.

Most recently, the group’s net profit rose 5.15% to RM9.95 million for the second quarter ended Oct 31, 2023 (2QFY2024) from RM9.46 million a year earlier, underpinned by a higher gross profit margin.

Quarterly revenue was down 6.13% to RM65.99 million from RM70.3 million previously, mainly on the back of lower export sales.

For the six-month period ended October 2023 (1HFY2024), its net profit increased 25.37% to RM17.59 million from RM14.03 million previously. Half-year topline declined a marginal 1.15% to RM124.32 million from RM125.76 million previously.

Read also:
Apollo Food, likely a takeover target, to be suspended on Monday

Good123

26,596 posts

Posted by Good123 > 2023-12-27 10:30 | Report Abuse

Accumulate in stages, potential target for acquisition by equity fund, and so forth

Good123

26,596 posts

Posted by Good123 > 2023-12-27 10:33 | Report Abuse

Share buyback mainly above 1.85, any price below this level, worth accumulating .

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:06 | Report Abuse

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.

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:08 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:11 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:12 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:20 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:21 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:22 | Report Abuse

VWAP:1.8057 sampai kini ~ RM1.81 :)

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:28 | Report Abuse

do research ya!

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:32 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:33 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 16:35 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-27 22:28 | Report Abuse

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.

Good123

26,596 posts

Posted by Good123 > 2023-12-27 23:28 | Report Abuse

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.

Good123

26,596 posts

Posted by Good123 > 2023-12-28 11:36 | Report Abuse

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

Good123

26,596 posts

Posted by Good123 > 2023-12-28 11:37 | Report Abuse

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

Posted by Happyman123 > 2023-12-28 11:44 | Report Abuse

i just visited to their website, i noticed that the co. is looking for quite a number of new position including managers level. I'm wondering if co. is planning for another expanding?

Good123

26,596 posts

Posted by Good123 > 2023-12-28 14:08 | Report Abuse

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.

Good123

26,596 posts

Posted by Good123 > 2023-12-29 11:47 | Report Abuse

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 :)

Good123

26,596 posts

Posted by Good123 > 2023-12-29 14:56 | Report Abuse

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%

Good123

26,596 posts

Posted by Good123 > 2023-12-29 20:15 | Report Abuse


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%.

Good123

26,596 posts

Posted by Good123 > 2023-12-29 22:18 | Report Abuse

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

Good123

26,596 posts

Good123

26,596 posts

Posted by Good123 > 2023-12-31 09:56 | Report Abuse

KUALA LUMPUR (Dec 30): Bursa Malaysia is likely to trend higher in the first week of 2024 with a mild upside, to be driven by banking and technology stocks.

Inter-Pacific Asset Management Bhd chief economist and fund manager Datuk Dr Nazri Khan expects the local market to trend between 1,450 and 1,460 next week with some bargain hunting likely to emerge.

"Furthermore, we see the year-end Christmas rally driven by feel-good factors and window dressing as well as overnight strength from Wall Street, coupled with signs that inflation has retreated and interest rate is expected to go down,” he told Bernama.

He also noted that the trading volume had surged past four billion units and market breadth has been positive, therefore, the market could be bullish next week.

Looking ahead to 2024, Rakuten Trade equity research vice-president Thong Pak Leng said the brokerage firm holds a positive view on the performance of Malaysian equities, buoyed by the prospect that the US Federal Reserve is set to begin interest rate cuts and the return of foreign funds to the region.

"We anticipate the FTSE Bursa Malaysia (FBM KLCI) to linger around the 1,590 mark, based on the prevailing valuation premised on 2024 estimates, and could test the 1,650 level," he said.

For next week, he projects further upward potential if the FBM KLCI Index surpasses the 1,465-resistance line.

"As such, we expect the index to trend within the 1,450-1,470 range next week, with immediate support at 1,450 followed by 1,440," he said.

For the holiday-shortened week just ended, Bursa Malaysia traded mixed amid muted trading as investors continued to stay on the sidelines due to the holidays, amid mild bargain-hunting activities after the recent sell-off.

On a Friday-to-Friday basis, the FBM KLCI rose marginally by 0.28 of-a-point to end the week at 1,454.66 versus 1,454.38 a week ago.

On the index board, the FBM Emas Shariah Index lost 27.86 points to 10,988.71, the FBM 70 Index fell 3.86 points to 14,612.98, while the FBM ACE Index went up 105.83 points to 5,322.03, the FBM Emas Index gained 3.78 points to 10,823.70, and the FBMT 100 Index was 0.79 of-a-point better at 10,485.72.

Sector-wise, the Industrial Products and Services Index inched up 0.23 of-a-point to 172.99, the Financial Services Index added 55.95 points to 16,303.04, while the Energy Index slid 0.87 of-a-point to 817.73 and the Plantation Index shed 28.49 points to 7,007.96.

Bursa Malaysia ended the week with a lower turnover of 15.11 billion units worth RM9.38 billion versus 18.39 billion units worth RM12.04 billion in the preceding week.

The Main Market volume shrank to 9.41 billion shares valued at RM8.10 billion against 10.75 billion shares valued at RM10.40 billion in the previous week.

Warrants turnover tumbled to 1.54 billion units valued at RM187.57 million from 3.04 billion units valued at RM356.87 million last week.

The ACE Market volume declined to 4.03 billion shares worth RM1.08 billion compared to 4.44 billion shares worth RM1.28 billion previously.

Good123

26,596 posts

Posted by Good123 > 2024-01-02 08:20 | Report Abuse

as developed markets approach their peak cycle, risk appetite is expected to return to the emerging market (EM) space

Good123

26,596 posts

Posted by Good123 > 2024-01-02 08:22 | Report Abuse

AHAM Capital said there had been encouraging signs pointing to a return of foreign inflows since July 2023, thanks to an improving domestic macro situation.

It added that historical pattens suggested a strong correlation between FTSE Bursa Malaysia KLCI (FBM KLCI) returns and foreign flows as seen over the past 10 years.

Good123

26,596 posts

Posted by Good123 > 2024-01-02 09:56 | Report Abuse

A Singaporean as ceo with ~1% stake in KAWAN. COOL



Save Print Back

7216 KAWAN KAWAN FOOD BHD
Change in Principal Officer
Date of Change: 01/01/2024
Type of Change: Appointment
Designation: Others
Directorate:
Name: ADAM PANDIAN
Age: 61
Country: Singapore
Nationality: Singapore
Qualifications:
Working Experience and Occupation:
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
Directorship of public companies (if any):
None
Family relationship with any director and/or major shareholder of 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.
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:

29/12/2023 07:00 AM


Ref Code: 202312295200104

Good123

26,596 posts

Posted by Good123 > 2024-01-04 09:28 | Report Abuse

Uptrend , above 1.8++, new ceo, new improvements hopefully

Good123

26,596 posts

Posted by Good123 > 2024-01-04 10:07 | Report Abuse

more2come. 2023-12-29

Principal Officer

Group Chief Executive Officer Appointment - MR ADAM PANDIAN on 01-Jan-2024.

Good123

26,596 posts

Posted by Good123 > 2024-01-04 10:55 | Report Abuse

tak banyak syer... bagus

Share Issued362.581m Market Cap663.524m

Good123

26,596 posts

Posted by Good123 > 2024-01-04 11:57 | Report Abuse

Pandian, investors are waiting to see what value can you add to kawan with your background, etc...


Save Print Back

7216 KAWAN KAWAN FOOD BHD
Change in Principal Officer
Date of Change: 01/01/2024
Type of Change: Appointment
Designation: Others
Directorate:
Name: ADAM PANDIAN
Age: 61
Country: Singapore
Nationality: Singapore
Qualifications:
Working Experience and Occupation:
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
Directorship of public companies (if any):
None
Family relationship with any director and/or major shareholder of 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.
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:

29/12/2023 07:00 AM


Ref Code: 202312295200104

Good123

26,596 posts

Posted by Good123 > 2024-01-04 11:58 | Report Abuse

New CEO pun labur Dan guna duit sendiri untuk 3.33juta kawan syer

Sungguh yakin.harga syer akan fly

Good123

26,596 posts

Posted by Good123 > 2024-01-04 14:48 | Report Abuse

>RM2 balik, see kena wait how long. :)

Good123

26,596 posts

Posted by Good123 > 2024-01-08 16:38 | Report Abuse

new ceo, kena buat kerja dengan kuat... tunggu balik rm2++ kejap nanti

Good123

26,596 posts

Posted by Good123 > 2024-01-12 10:36 | Report Abuse


Save Print Back

7216 KAWAN KAWAN FOOD BHD
Notice of SBB by a Company Pursuant to Section 127 (16) of CA 2016
Date of Buy Back : 22/12/2023
No. of Shares Purchased : 110,400 shares
Minimum Price Paid For Each Share Purchased : RM 1.870
Maximum Price Paid For Each Share Purchased : RM 1.880
Total Amount Paid For Shares Purchased : RM 208,434.96
Shares Were Purchased Through : Bursa Malaysia Securities Berhad
No. of Shares Purchased Retained in Treasury : 110,400 shares
Total No. of Shares Retained in Treasury : 13,157,200 shares
Total Issued Capital as Diminished :
Date Lodged With Registrar of Company : 03/01/2024
Lodged By : Tai Yuen Ling
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:

03/01/2024 07:00 AM


Ref Code: 202401034300144

Good123

26,596 posts

Posted by Good123 > 2024-01-12 10:39 | Report Abuse

Ok :)

https://kawanfood.com/

###

Good123

26,596 posts

Posted by Good123 > 2024-01-12 11:44 | Report Abuse

Hey, new CEO, wake up ok, not like a pandi@khinzir , ok? Hahaha


Save Print Back

7216 KAWAN KAWAN FOOD BHD
Change in Principal Officer
Date of Change: 01/01/2024
Type of Change: Appointment
Designation: Others
Directorate:
Name: ADAM PANDIAN
Age: 61
Country: Singapore
Nationality: Singapore
Qualifications:
Working Experience and Occupation:
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
Directorship of public companies (if any):
None
Family relationship with any director and/or major shareholder of 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.
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:

29/12/2023 07:00 AM


Ref Code: 202312295200104

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