Sound convincing. Sung master able to consistently delivery profit at the past 3 financial year, For the latest 10-month FPE 30 April 2021, Sung Master reported an unaudited profit after tax of RM11.8 million against revenue of RM76.0 million. Which is a high amount and profited to kanger.
Tks for the positive news. Believe all the raw materials that kanger handle under the construction sector will be supplied by sung master and kanger bamboo. Maybe the genting condos projects might also have a share. I help you , you help me. Steven kuah invest so heavily and have confidence in the company. Compare to him how much we can lose?
PROPOSED ACQUISITION BY KANGER OF 1,020,000 ORDINARY SHARES OF SUNG MASTER HOLDINGS SDN. BHD. ("SUNG MASTER"), REPRESENTING 51.0% EQUITY INTEREST IN SUNG MASTER, FOR A PURCHASE CONSIDERATION OF RM94,789,436 TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT OF RM51,999,999.62 AND THE REMAINING PURCHASE CONSIDERATION OF RM42,789,436.38 TO BE SATISFIED VIA AN ISSUANCE AND ALLOTMENT OF 713,157,273 NEW ORDINARY SHARES OF KANGER ("KANGER SHARE(S)") AT THE ISSUE PRICE OF RM0.06 PER KANGER SHARE
35 agree, 5 againts
PROPOSED SUBSCRIPTION OF 769,513,179 NEW KANGER SHARES ("SUBSCRIPTION SHARE(S)") AT THE SUBSCRIPTION PRICE OF RM0.06 PER SUBSCRIPTION SHARE BY MR. KUAH CHOON CHING
In a separate statement today, Kuah said the synergies that Kanger will be able to leverage from the acquisition of the Sung Master stake will benefit Kanger on multiple fronts, especially with regards to supporting Kanger's property and construction business segments.
He said the acquisition enables Kanger to widen its product offerings from the existing business of manufacturing and trading of bamboo flooring to also include other building materials such as timber flooring, tiles, bulk cement and concrete.
"At present, the group (Kanger) is working on construction projects which have an orderbook of approximately RM1 billion,” Kanger said.
@olangbolo. Fasal vaksin mungkin akan dapat keputusan pada Ogos, Kita tengok tipu atau sebaliknya. Belum diputuskan takkan hakim boloo terus boleh buat keputusan. Tak adil lah tuan hakim bolooo. He He
Apa kencingnya. Setakat yang saya ingat apa yang saya tulis semuanya 'BENAR'. Kalau ada tersilap fakta yang saya tulis, bolehlah kemukakan. Boleh saya buat pembetulan.
Sung master bosses willing to be shareholders . Steven kuah willing to put in millions . I strongly believe they are more far sighted about the company moving forward than us who only invest a minimal amount compared to them. So for me just trust and believe in them and wait patiently though sold some already from cheap sale. Hope to see all the investors in this forum making money. Happy trading everybody. @mzm did provide a lot of facts which we can analyze. Share is risky. Even warren buffet lost in some counters.
No need cerita & anal ysis Panjang2... Bottom line its still 7cents.. & No potential to Uptrend other than swallow people money..
7 cent reveals ethg Louder than yr word pussy..
Mmg la WB loss but Make more than lost bolooo.. & 1 thg for sure WB only INVESt in Fundamental Companies not like CONgers.. Haiyaaa... Why laa bolooo too max
Honestly, it's fair to impose a cap with reasonable profit margin that do not impose hardship to the people as well as the company. Company needs profit margin for business to be sustainable.
yup... if plane crash... sincere... till now dunno why dpharma still silent only... but kanger already summit to bursa... the only thing from here i not understand... or dpharma totally no plan to bring in sinopharm... they main focus still spuntik v.. sinopharm is really high cost compare spuntik v..
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Posted by limweechui > 2021-07-27 14:16 | Report Abuse
See you guys at 0.70++