Key points - As for the rationale of this acquisition, Kuah said: “With the Covid-19 pandemic, we felt it was an opportune time for us to invest in properties at attractive prices. As it was an en-bloc purchase, we were able to obtain a discount of about 19%.”
- Sung Master has consistently delivered profitable performance over the past three financial years from Jan 31, 2018 up to the audited 17-month financial period ended (FPE) June 30, 2020 and latest unaudited 10-month FPE April 2021.
- For the full year, Kuah expects Sung Master to deliver an estimated profit after tax and revenue of RM20mil and RM115mil, respectively.
- “We are also aiming to obtain Grade 7 contractor licence from the Construction Industry Development Board that will enable us to undertake projects of any value.”
Hahaha how bamboo seller can go to construction. How flying planes airasia can go to food seller at store and worse go to digital pay. It’s mind blowing
when can expect sinopharm to arrive ? From Duopharma or Kanger or anyone else..... Going to be a full month soon since the approval received from NPRA .. Semua cakap kosong.
Brother harmoni/Ikan masin, relax . Dpharma government approved already still haven’t seen the vaccines and shares fall like cirit. Maybe hijack by govt halfway. Got construction business more secure. Vaccines bonus only if got. Dog eat dog business.
THE SINGAPORE'S MINISTRY OF HEALTH has been facilitating private healthcare institutions n private vaccines suppliers to order more SINOPHARM covid-19 vaccine doses , with stocks expected to arrive in the next 4 to 6 weeks...
Hayat-Vax belum dapat approval. Apa macam. Kanger desperate to push up and doing what ever he can , but sad , his time no due yet. From largest bamboo plant to glove (probably no more) to 1 billions order book in construction to vaccine...
hlh1962, agreed....am using this chance to average down, think can still smile, may be not as big as ppl who join now, haha. Happy investing and trading!
RI beli apartments . Apartments @Antara @ Genting Highlands is strategically located about 850 meters away from SkyAvenue, a shopping mall in Genting Highlands.
Got money go buy sendiri the apartment . So no worry kena con. No money then buy RI , support RM600 dapat 10000units kanger and 10000units warrants. Co-owner of the apartments
Ya think back luckily RI for apartment and not glove factory. Everybody now scare of glove factory. Luckily glove production not successful or kanger now really worth 0.005 and true con counter
Can any brothers enlighten why Steven kuah willing to fork out 0.14 cts for 25,000 lots earlier? Any methods he can still dispose and con the investors? Tks
private clinics nation wide with vaccines supply by private vaccines suppliers can help to avoid huge crowds without social distancing outside ppv vaccination centre to avoid high rates of covid-19 cases...
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MCtrader
67 posts
Posted by MCtrader > 2021-08-09 13:48 | Report Abuse
Kanger to strengthen new business segments
Key points
- As for the rationale of this acquisition, Kuah said: “With the Covid-19 pandemic, we felt it was an opportune time for us to invest in properties at attractive prices. As it was an en-bloc purchase, we were able to obtain a discount of about 19%.”
- Sung Master has consistently delivered profitable performance over the past three financial years from Jan 31, 2018 up to the audited 17-month financial period ended (FPE) June 30, 2020 and latest unaudited 10-month FPE April 2021.
- For the full year, Kuah expects Sung Master to deliver an estimated profit after tax and revenue of RM20mil and RM115mil, respectively.
- “We are also aiming to obtain Grade 7 contractor licence from the Construction Industry Development Board that will enable us to undertake projects of any value.”
https://www.thestar.com.my/business/business-news/2021/08/09/kanger-to-strengthen-new-business-segments