0182 LKL LKL INTERNATIONAL BERHAD Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : ESOS Details of corporate proposal : ESOS No. of shares issued under this corporate proposal : 26,989,400 Issue price per share ($$) : 0.3950 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 566,777,400 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 135,629,811.000 Listing Date : 01/06/2021 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
Focus Dynamics, LKL International propose lifestyle ... focus dynamics lkl from www.theedgemarkets.com 4 May 2021 — Focus Dynamics, a lifestyle and technology-based group with exposures in food and beverages, property, ... www.nst.com.my' target='_blank'>https://www.nst.com.my › focus... Focus Dynamics, LKL ink partnership for pharmacy ... focus dynamics lkl from www.nst.com.my 4 May 2021 — KUALA LUMPUR: Focus Dynamics Group Bhd ( FDG) and LKL International Bhd (LIB) are ... https://themalaysianreserve.com › ... Focus Dynamics buys 30% stake in LKL 22 Mar 2021 — FOCUS Dynamics Group Bhd has bought a 30% stake in LKL International Bhd for ...
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LKL International Berhad (LKL) (0182)
Sumber: LKL Kalau nak tahu, LKL terkenal dengan penyediaan katil perubatan, peralatan perubatan dan aksesori.
Sumber: LKL Selain daripada katil perubatan, LKL turut menyediakan katil perubatan, peralatan pelindung peribadi dan langsir yang digunakan di hospital.
Ulasan Mengenai Saham LKL Seperti yang dapat diperhatikan, perolehan syarikat meningkat pada tahun 2020. Ini adalah kerana pandemik Covid-19 telah menyebabkan ramai orang yang terpaksa dimasukkan ke hospital. Perkara ini menyebabkan permintaan terhadap katil hospital meningkat mendadak pada tahun lepas.
Sumber: malaysiastock.biz 3. Bukan itu sahaja, suku keempat tahun 2020 merekodkan perolehan dan keuntungan bersih tertinggi yang pernah dicatatkan LKL bagi satu-satu suku tahunan.
LKL - Private& Gov hospitals need to spare more beds immediately Author: medicalbeds2021 Publish date: Mon, 24 May 2021, 12:08 AM Close LKL International Bhd is Malaysian company which is principally engaged in the provision of medical and healthcare beds, peripherals and accessories. The company’s operating segments are Manufacturing and Trading. The Manufacturing segment is involved in the manufacturing of medical and healthcare beds, medical peripherals and accessories and the Trading segment is involved in trading of medical peripherals and accessories. The company serves its products to various end users such as hospitals and medical centers, as well as other healthcare-related facilities including clinics and specialist institutions. LKL operates its business in Malaysia, Africa, Asia, Europe and other regions. Most of its revenue is earned from Malaysia.
0182 LKL LKL INTERNATIONAL BERHAD TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) LKL INTERNATIONAL BERHAD ("LKL" OR "THE COMPANY")PROPOSED JOINT VENTURE BETWEEN CARELIFE CENTER SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF LKL, AND FOCUS MEDICARE SDN. BHD. 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
LKL International Bhd. operates as an investment holding company. The firm engages in the manufacture and sale of medical and healthcare beds, peripherals and accessories. It operates through the following segments: Manufacturing, Trading and Investment Holding. The... Wisma LKL, No. 3, Jalan BS 7/18 Seri Kembangan Selangor 43300 Malaysia EmailWebsiteMap Employees Sector Medical Equipment/Supplies Sales or Revenue 54.95 M Industry Health Care/Life Sciences 1Y Sales Change 47.80% Fiscal Year Ends April 30 Download Reports Kon Lian Lim Managing Director & Executive Director Sin Yee Lim Manager-Human Resources & Administration Mei Lan Mok Executive Director Ming Chang Lim Executive Director
KUALA LUMPUR (June 17): LKL International Bhd said it has decided to conduct its private placement of 30% of its issued share capital before its one-for-one bonus issue.
This means the placement will now entail the issuance of up to 177.52 million shares, halved from 355.05 million shares indicated previously. LKL has an issued share capital of 514.56 million with outstanding ESOS that could be exercised into 77.18 million shares.
LKL, known for its healthcare beds manufacturing business, wanted to raise RM56.81 million, of which RM54.21 million will be used to set up a new business in trading of rubber gloves and personal protective equipment.
In a bourse filing today, the group said that following the revision in placement size, it has set an illustrative issue price of 32 sen per share for the exercise.
Shares of LKL closed up half a sen or 1.67% to 30.5 sen, valuing the group at RM170.08 million.
DETAILS OF THE PROPOSALS 2.1 Proposed Diversification 2.1.1 Details of the Proposed Diversification LKL Group is currently involved in the manufacturing of medical / healthcare beds, medical peripherals and accessories as well as the trading of medical furniture, medical devices, medical peripherals and accessories. the Group has been actively identifying other business opportunities to expand its revenue stream. After taking into consideration the current market demand for rubber gloves and ppE following the COViD-19 pandemic, the Group has resolved to venture into the New Businesses. Under the New Businesses, the ppE to be supplied by the Group will include but not limited to, jumpsuit, protective overall, medical face shield, medical goggles, medical shoe cover, N95 respirator and surgical mask. The COVID-19 pandemic exposed a critical shortage of supplies for medical gloves and put a strain on these healthcare supplies. The market for disposable rubber gloves rose in the past year and laid a solid foundation for future growth. Despite the introduction of various COVID- 19 vaccines, vaccination progress has been slow in most countries, especially in the emerging markets. According to the Malaysian Rubber Glove Manufacturers Association (“MARGMA”), in 2020, Malaysia supplied 65% of approximately 360 billion gloves in total global supply. In 2021, Malaysia is expected to supply 280 billion rubber gloves or 67% of an estimated 420 billion gloves in total global supply. Further, the demand for PPE used in the healthcare market is anticipated to experience high demand growth moving forward, perpetuated by the spread of COVID-19 and the need to curb such spread. Rising hygiene awareness and a stricter standard operating procedure among businesses, including in non-healthcare industries such as airlines, hotels, personal care and beauty, and food and beverages, would also keep the demand for PPE high. Spikes in COVID-19 patient volumes are putting a strain on scarce PPE resources. The World Health Organisation (“WHO”) estimated that around 89 million masks and 1.6 million goggles are required for healthcare personnel around the world each month during the COVID-19 pandemic. To meet rising global demand, the WHO estimates that the industry must increase manufacturing by 40%. (Source: IMR report dated 25 June 2021 prepared by Infobusiness)
LKL Group is not exporting ppE at this juncture. in the event the Group intends to export ppE to its customers in foreign countries, depending on the actual types of ppE to be exported at the relevant time, export licence may be required. LKL Group will apply for the necessary approvals / licenses / permits from the relevant authorities such as the medical Device Authority, for purpose of exportation, as and when required. LKLAm has commenced the New Businesses since 3 April 2020. the contribution in pAt and NA of the New Businesses to the audited financial statements for the fYE 30 April 2020 and the 9-month fpE 31 January 2021 is as follows: Contribution of New Businesses (RM’ 000) Existing LKL Group (RM’ 000) Contribution (%) 908 4,547 19.97 8,124 60,438 13.44 7 4,315 37 117,176 18.92 3.68 Audited FYE 30 April 2020 PAT NA Unaudited 9-month FPE 31 PAT January 2021 NA the Group is planning to invest approximately Rm80.00 million in the New Businesses, out of which Rm49.11 million is envisaged to be funded by proceeds from the proposed private placement (as set out in section 2.2.6 of this Circular). the remaining capital shall be funded via the Group’s internally generated funds, subsequent receipts from customers, bank borrowings and/or future fundraising exercises to be undertaken (if required). Apart from the aforementioned existing orders, the Group intends to secure more future orders, be it from Weihai textile, shang Hong or other customers that the Group may identify in the future. following the above, the Company reasonably expects that its future participation in the New Businesses may result in the diversion of more than 25% of the net assets of LKL Group, and/or may result in contribution to 25% or more of the net profits of the Group. As such, the Board proposes to seek the approval from the shareholders for the proposed Diversification pursuant to Rule 10.13(1) of the Listing Requirements at the forthcoming EGm. Notwithstanding the proposed Diversification, the Group intends to continue its existing principal activities in the same manner.
Sabar je, bila private placement dah dibuat, dijangka terbang gila :)
LKL International Bhd has decided to conduct its private placement of 30.0% of its issued share capital before its one-for-one bonus issue. This means the placement will now entail the issuance of up to 177.5m shares. LKL wanted to raise RM56.8 m from the placement, of which RM54.2m will be used to set up a new business in trading of rubber gloves and personal protective equipment. (The Edge)
Soh said the government should also increase the ICU capacity instead of waiting for ICU bed use to reduce to moderate levels.
"While waiting for immunisation to be completed, continue with mass-testing of the general public, including foreign workers, especially the undocumented ones, as mass-testing has been proven to be a very effective approach to pick up positive cases and trigger the necessary tracing, isolation and treatment protocols."
The FMM also urged the government to provide a comprehensive strategy for vaccination of undocumented foreign workers as they will pose a threat to the attainment of herd immunity if unvaccinated.
“A comprehensive strategy and action plans [are also needed] to address the likely shift of the pandemic to an endemic one and how the population will have to 'live with it',” said Soh.
Announcement Info Company Name LKL INTERNATIONAL BERHAD Stock Name LKL Date Announced 02 Jul 2021 Category Document Submission Reference Number DCS-01072021-00031
GENERAL MEETINGS: Notice of Meeting LKL INTERNATIONAL BERHAD
Type of Meeting Extraordinary Indicator Notice of Meeting Description LKL INTERNATIONAL BERHAD ("LKL INTERNATIONAL" OR THE "COMPANY") - NOTICE OF EXTRAORDINARY GENERAL MEETING Date of Meeting 19 Jul 2021 Time 04:00 PM
Venue(s) TIIH Online website at https://tiih.online or https://tiih.com.my (Domain registration number with MYNIC: D1A282781) provided by Tricor Investor & Issuing House Services Sdn. Bhd. Malaysia
Date of General Meeting Record of Depositors 12 Jul 2021
Resolutions
1. Ordinary Resolution 1
Description PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF LKL AND ITS SUBSIDIARIES TO INCLUDE TRADING OF RUBBER GLOVES AND PERSONAL PROTECTIVE EQUIPMENT ("PROPOSED DIVERSIFICATION") Shareholder’s Action For Voting
2. Ordinary Resolution 2
Description PROPOSED PRIVATE PLACEMENT OF UP TO 177,523,200 NEW ORDINARY SHARES IN LKL, REPRESENTING APPROXIMATELY 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF LKL ("PROPOSED PRIVATE PLACEMENT") Shareholder’s Action For Voting
LATEST INSIDER / INDIVIDUAL HOLDERS INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE Lim (Sin Yee Elaine) 2.56 14.54 -15.00 1.14 16-Dec-2020 Lim (Ming Chang) 0.30 1.70 0.00 0.13 09-Dec-2020 Azizan bin Osman 0.18 1.00 1.00 0.21 - Tan (Chok Uing) 0.16 0.90 0.90 0.19 - Low (Teck Hin) 0.13 0.76 0.76 0.16 - Chai (Kai Yue) 0.13 0.77 0.77 0.16 - Chan (Yee Sing) 0.12 0.67 0.67 0.14 - Anitha binti Mohamed Haniffa 0.09 0.50 0.50 0.10 - Chiang (Lin Ling) 0.09 0.50 0.50 0.10 - Yong (Li Chian) 0.09 0.50 0.50 0.10 - All market data is provided by Refinitiv except for data on Malaysia indices, Warrants and Futures which is provided by Bursa Malaysia. Prices displayed on this website are delayed by 15 minutes.
On 2021-07-01, LKL closed at 0.27, 86.6% below its 52-week high and 3.8% above its 52-week low. LKL shares are currently trading 20.4% below their 50-day moving average of 0.34, and 59.9% below their 200-day moving average of 0.67.
No more hope for LKL, even 0.265 nobodies interested to buy. EGM is just a rubber stamp to what being proposed, nothing special as immediately after EGM the resolution already known even now.. APPROVED
BUSINESS SUMMARY LKL International Berhad is an investment holding company. The Company's segments include Manufacturing activities and Trading activities. The Manufacturing activities segment is involved in manufacturing of medical/healthcare beds, medical peripherals and accessories. The Trading activities segment is involved in trading of medical peripherals and accessories. Its product categories include hospital electrical bed, hospital hydraulic bed, manual crank bed delivery bed, examination table, carts and trolley, patient room furniture, instrument trolley, medical chair, miscellaneous hospital equipment, curtain track and nursery equipment, among others. The Company's products are used in hospitals and medical centers, as well as other healthcare-related facilities, such as clinics and specialist institutions. The Company also sells its products to education facilities/medical schools, wellness, beauty and aesthetics centers, pharmacies and individuals.
LKL's Trailing P/E of 33.9 represents a 42% Discount to its 5-year average of 58.1. If the Trailing P/E returned to historical form, the stock would trade at 0.46.
-A A KUALA LUMPUR (June 17): LKL International Bhd said it has decided to conduct its private placement of 30% of its issued share capital before its one-for-one bonus issue.
This means the placement will now entail the issuance of up to 177.52 million shares, halved from 355.05 million shares indicated previously. LKL has an issued share capital of 514.56 million with outstanding ESOS that could be exercised into 77.18 million shares.
LKL, known for its healthcare beds manufacturing business, wanted to raise RM56.81 million, of which RM54.21 million will be used to set up a new business in trading of rubber gloves and personal protective equipment.
In a bourse filing today, the group said that following the revision in placement size, it has set an illustrative issue price of 32 sen per share for the exercise.
Shares of LKL closed up half a sen or 1.67% to 30.5 sen, valuing the group at RM170.08 million.
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....
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