Posted by Good123 > 2023-03-06 17:13 | Report Abuse

World Bank: Malaysia’s price control mechanism causes supply shortage rather than lower cost of living
Izzul Ikram
/
theedgemarkets.com

February 09, 2023 14:05 pm +08
World Bank: Malaysia’s price control mechanism causes supply shortage rather than lower cost of living
-A+A
KUALA LUMPUR (Feb 9): The price control mechanism in Malaysia, which has the most price-controlled items in the region, has caused lower supplies of food staples, resulting in higher prices, according to the World Bank.

The World Bank’s lead economist for macroeconomics, trade and investment Dr Apurva Sanghi commented that the country’s price control mechanism and allocation of agricultural subsidies have distorted the efficiency in resources allocation.

To resolve the high cost of living issue, the World Bank sees the urgent need for the Malaysian government to review its price control mechanisms and agricultural subsidies.

Speaking at the public launch of the World Bank’s Malaysia Economic Monitor (MEM) 2023, Apurva pointed out that Malaysia’s high utilisation of price controls may have exacerbated the country’s cost of living issue.

“Guess which country in the region has the [highest] number of price controls? It is Malaysia. We found out that over half of the firms surveyed that were affected by these price controls revealed that they actually cut their production by a fourth,” said Apurva, citing the findings of the bank’s economic report.

“So if you have a shrinking supply as a result of price controls, that is gonna jack up the prices [of the affected goods],” he explained.

Commenting on subsidies, Apurva said despite Malaysians spending more on non-rice products, the bulk of agricultural subsidies goes towards supporting the production of rice.

“Put yourself in the shoes of a Malaysian farmer, you are subject to price controls so what you produce can’t get you that much money, and you have these subsidies coming in which don’t really incentivise you to produce what consumers are demanding.

“So the way out on the meso (mid-scale) front is that you have to increase supply by removing these distortions and providing incentives so supply increases and brings down the cost of goods,” he said.

In its MEM 2023, the World Bank also underlined that between 2019 and 2021, the prevalence of moderate or severe food insecurity in Malaysia was at 15.4% — equivalent to five million people.

“Insufficient diversification in domestic production has led to growing imports in important categories of food products, especially meats and edible offal, maize, and soybeans.

“This has adversely impacted the poor in Malaysia,” the World Bank said in the report.

Read also:
Amend Malaysia’s Competition Act 2010 to meet challenges in digital economy, says World Bank

Kathy Fong

Posted by Good123 > 2023-03-06 17:18 | Report Abuse

(March 6): Malaysia’s ringgit is poised for a reprieve after its worst monthly performance since late 2016, as China’s reopening heralds more tourist arrivals and bolsters exports.

DBS Group Holdings Ltd, Barclays Plc and RBC Capital Markets see the ringgit staying around the current level of 4.45 by the end of June. Fears that the Federal Reserve may prove hawkish for longer hammered emerging markets last month, driving a 4.8% slide in the ringgit versus the dollar before sentiment stabilised in recent days.

“The impact of China’s reopening in terms of tourism arrivals and trade will be felt more keenly by the middle of the year, helping support the ringgit,” said Alvin Tan, head of Asia FX strategy at RBC in Singapore. “Plus, pressure on emerging-market currencies will ease as the Federal Reserve inches closer to the end of its rate-hike cycle.”

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China’s economic rebound is set to boost the outlook for Asian currencies this year, with the ringgit also seen a beneficiary from Malaysia’s strong trade links to the world’s second largest economy. China was Malaysia’s biggest export destination before the pandemic and even as its share has fallen since then, it still stood at US$47 billion last year, about 14% of the total.

There’s also potential for a rebound in tourist arrivals from China after the nation dismantled strict Covid curbs. The Southeast Asian nation, famed for white beaches and historic towns, attracted 108,067 Chinese tourists from January-September last year compared with 3.1 million in 2019.

Bank Negara Malaysia’s policy decision Thursday will also be on the radar for currency traders. A Bloomberg survey of 16 analysts so far shows nine expecting the central bank to hold rates at 2.75% for a second consecutive meeting. The rest see a quarter-point hike.

Fed Advantage
HSBC Holdings Plc is predicting bigger gains for the ringgit, as the prospect of the Fed reaching the end of its tightening cycle is set to end the dominance of the dollar. Traders are pricing the peak of US rates to happen in September.

“The ringgit is very sensitive to the broad dollar movement,” said Paul Mackel, the global head of foreign-exchange research at HSBC in Hong Kong, which forecasts the ringgit at 4.28 by the end of June. “The combination of a solid external position, potential for stronger capital inflows could also help the ringgit.”

The central bank has also increased its ability to defend the currency from volatility, as foreign reserves rebounded from a two-year low reached in October. The nation’s dollar stockpile has risen about 10% since then to US$115 billion in January.

“BNM will lean against the move if the pressure on the currency is sustained,” said Ashish Agrawal, head of foreign-exchange and emerging-market macro strategy research at Barclays in Singapore. “The narrative would be more like stability for the ringgit ahead after weakening sharply recently.”

Here are the key Asian economic data due this week:

Tuesday, March 7: RBA cash rate target; China trade data; Philippines and Thailand inflation;
Wednesday, March 8: Japan BoP current-account balance;
Thursday, March 9: China CPI, PPI; Malaysia overnight policy rate;
Friday, March 10: BOJ policy balance rate, 10-year yield target.

Posted by Good123 > 2023-03-06 17:50 | Report Abuse

Latest Report

Dec 31, 2022
Next Earnings

May 23, 2023
Strong earnings should allow management to continue dividend payments
Valuation implies a strong free cash flow yield
Prominent player in the Food Products industry

Posted by Good123 > 2023-03-06 17:52 | Report Abuse

Upside
17.5%
Uncertainty
MED
Spread
0.52 - 0.69
Market Range

Analyst Targets
7 analysts - RM0.82

Posted by Good123 > 2023-03-06 17:53 | Report Abuse

Metric Name Value

P/E Ratio
8.3x
Revenue
9.232 B
Net Income to Company
243.9 M

Posted by Good123 > 2023-03-06 17:54 | Report Abuse

Historical Financials
Full Financials

(MYR in millions) Trailing Twelve Months Fiscal Quarters
Period Ending Dec-20 Dec-21 Dec-22 Dec-21 Dec-22
Income Statement
Revenue 6,084 7,189 9,232 1,810 2,387
Operating Income 269 234 464 71 191
Net Profit 113 85 219 38 91
Diluted EPS 0.031 0.023 0.060 0.010 0.025
EBITDA 499 480 724 132 257
Balance Sheet
Cash & ST Invest. 776 784 840 784 840
Current Assets 2,466 2,919 3,160 2,919 3,160
Total Assets 5,695 6,330 6,592 6,330 6,592
Current Liabilities 2,292 2,649 2,677 2,649 2,677
Total Liabilities 3,446 3,970 4,003 3,970 4,003
Total Equity 2,249 2,360 2,590 2,360 2,590
Total Debt 2,796 3,297 3,210 3,297 3,210
Cash Flow Statement
Cash Flow Operations 416 44 625 148 295
Cash From Investing (491) (393) (282) (177) (44)
Cash From Financing 73 264 (363) 44 (170)
Free Cash Flow (58) (290) 339 45 215

Posted by Good123 > 2023-03-06 17:56 | Report Abuse

Good Buy now!

Time Frame:
Monthly
Download Data
01/01/2019 - 03/06/2023

Date

Price

Open

High

Low

Vol.

Change %
03/01/2023 0.520 0.505 0.525 0.475 1.98M +5.05%
02/01/2023 0.495 0.500 0.505 0.465 483.70K 0.00%
01/01/2023 0.495 0.495 0.525 0.490 10.03M 0.00%
12/01/2022 0.495 0.520 0.540 0.495 7.88M -4.81%
11/01/2022 0.520 0.455 0.530 0.450 8.71M +14.29%
10/01/2022 0.455 0.455 0.465 0.440 4.41M -1.09%
09/01/2022 0.460 0.495 0.495 0.450 4.45M -6.12%
08/01/2022 0.490 0.520 0.535 0.470 17.77M -5.77%
07/01/2022 0.520 0.520 0.530 0.515 14.79M 0.00%
06/01/2022 0.520 0.510 0.570 0.510 47.21M +1.96%
05/01/2022 0.510 0.540 0.540 0.500 10.97M -2.86%
04/01/2022 0.525 0.520 0.560 0.515 10.57M +0.96%
03/01/2022 0.520 0.520 0.530 0.495 17.84M -0.95%
02/01/2022 0.525 0.565 0.580 0.520 19.75M -4.55%
01/01/2022 0.550 0.530 0.620 0.530 23.90M +4.76%
12/01/2021 0.525 0.525 0.545 0.495 24.42M 0.00%
11/01/2021 0.525 0.655 0.655 0.515 48.46M -19.85%
10/01/2021 0.655 0.650 0.690 0.645 15.89M +0.77%
09/01/2021 0.650 0.680 0.680 0.650 16.66M -4.41%
08/01/2021 0.680 0.685 0.700 0.665 12.71M -1.45%
07/01/2021 0.690 0.700 0.710 0.665 20.57M -1.43%
06/01/2021 0.700 0.735 0.780 0.700 34.35M -4.76%
05/01/2021 0.735 0.710 0.760 0.695 38.69M +3.52%
04/01/2021 0.710 0.690 0.775 0.685 51.13M +2.90%
03/01/2021 0.690 0.700 0.800 0.690 72.55M -1.43%
02/01/2021 0.700 0.675 0.735 0.665 20.46M +4.48%
01/01/2021 0.670 0.685 0.705 0.660 26.88M -2.19%
12/01/2020 0.685 0.710 0.775 0.670 64.68M -3.52%
11/01/2020 0.710 0.670 0.710 0.655 22.12M +6.77%
10/01/2020 0.665 0.720 0.785 0.665 30.39M -6.34%
09/01/2020 0.710 0.820 0.825 0.635 33.99M -13.41%
08/01/2020 0.820 0.860 0.885 0.750 53.88M -4.65%
07/01/2020 0.860 0.775 0.960 0.765 142.94M +13.16%
06/01/2020 0.760 0.625 0.845 0.625 132.34M +22.58%
05/01/2020 0.620 0.625 0.645 0.575 42.98M -2.36%
04/01/2020 0.635 0.565 0.660 0.550 44.43M +12.39%
03/01/2020 0.565 0.700 0.705 0.430 53.89M -19.29%
02/01/2020 0.700 0.750 0.805 0.690 42.36M -9.09%
01/01/2020 0.770 0.875 0.890 0.755 24.92M -12.50%
12/01/2019 0.880 0.825 0.905 0.820 70.00M +7.32%
11/01/2019 0.820 0.960 0.990 0.815 128.71M -14.58%
10/01/2019 0.960 0.835 0.995 0.830 105.72M +16.36%
09/01/2019 0.825 0.845 0.855 0.800 34.60M -1.20%
08/01/2019 0.835 0.930 0.935 0.720 93.80M -10.70%
07/01/2019 0.935 1.030 1.040 0.905 102.45M -8.33%
06/01/2019 1.020 1.030 1.100 1.020 89.11M -1.92%
Highest: 1.100 Lowest: 0.430 Difference: 0.670 Average: 0.659 Change %: -50.000

Posted by Good123 > 2023-03-06 17:58 | Report Abuse

IPO price in June 2019 setahun sebelum pandemik 2020

06/01/2019 1.020 1.030 1.100 1.020 89.11M -1.92% #BULAN JUN 2019

Posted by Good123 > 2023-03-06 18:31 | Report Abuse

Insiders pun dah start sapu syer :)

Changes in Director's Interest (Section 219 of CA 2016)
LEONG HUP INTERNATIONAL BERHAD

Information Compiled By KLSE

Particulars of Director
Name MISS CHU NYET KIM
Descriptions(Class) Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
01/03/2023
200,000
Acquired
Direct Interest
Name of registered holder Maybank Nominees (Tempatan) Sdn. Bhd. - Pledged securities account for Chu Nyet Kim
Description of "Others" Type of Transaction
Consideration (if any) RM0.495 per share

Circumstances by reason of which change has occurred Acquisition of shares
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 800,000
Direct (%) 0.022
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 02/03/2023
Date notice received by Listed Issuer 02/03/2023


Remarks :
The percentage of the 200,000 ordinary shares acquired is 0.005% calculated based on the issued shares of 3,650,000,000 ordinary shares as at 1 March 2023.
This announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Announcement Info
Company Name LEONG HUP INTERNATIONAL BERHAD
Stock Name LHI
Date Announced 02 Mar 2023
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-13032020-00063

Posted by Good123 > 2023-03-06 20:27 | Report Abuse

Sure naik lagi... Dia yg beli syer, berita baik... sungguh celik kewangan

Chu Nyet Kim
Independent Non-Executive Director

Chu Nyet Kim is our Independent Non-Executive Director. She has more than 34 years of working experience in the field of taxation, finance and accounting functions.

She obtained her Diploma in Accounting (Honours) from Algonquin College of Applied Arts and Technology, Canada in 1977. She became an associate member of the Chartered Association of Certified Accountants, United Kingdom (now known as Association of Chartered Certified Accountants, United Kingdom) (“ACCA”) in 1995 and she has been a Fellow member of the ACCA since 2000. She became a member of the Malaysian Institute of Accountants (“MIA”) in 2018.

She began her career in Harrisons & Crosfield (Sabah) Sdn Bhd in 1977 as an accounts executive until 1980 before leaving the company to study full time for her ACCA. She then joined Houw Hing Co., Singapore, a trading company and served as an accountant from 1984 to 1987. Thereafter, she moved to Indonesia and went on sabbatical before re-entering the workforce when she joined Deloitte Indonesia (“Deloitte”) in Jakarta, Indonesia in 1989. She was admitted as a partner in Deloitte in 1997 and later became a senior partner of Deloitte Southeast Asia Cluster until her retirement in 2016. In the 27 years that she was with Deloitte, she held various positions, specialising in taxation with her last designation as the Leader of Global Employer Services (a tax service line) and Tax Risk Leader/Deputy Tax Managing Partner of Deloitte Indonesia. As the Tax Risk Leader of Deloitte Indonesia, she worked closely with Deloitte Southeast Asia Tax Risk Leader to build up the tax risk management team in Indonesia. She was appointed to our Board on 1 August 2018. She is also a member of the Audit and Risk Committee as well as Nomination Committee of the Company. She does not hold any other directorship in public companies and listed issuers in Malaysia other than the Company. She has been a Commissioner of PT PZ Cussons Indonesia (“PT PZ Cussons”) since 2016. PT PZ Cussons is a subsidiary of PZ Cussons PLC, a company listed on the London Stock Exchange and a constituent of the FTSE 250 Index.

She does not have any family relationship with any Director/major shareholder of our Company. She does not have any conflict of interest with our Company. She has no conviction of any offences within the past five (5) years or any sanctions and penalties imposed by relevant regulatory bodies during the financial year ended 31 December 2021. She attended all the five (5) Board meetings held during the financial year.

Posted by Good123 > 2023-03-06 20:32 | Report Abuse

Who is the biggest poultry producer in Malaysia?
Image result for leong hup international subsidiaries
Leong Hup International Berhad
Leong Hup International Berhad is one of the largest fully integrated producers of poultry, eggs and livestock feed in Southeast Asia.

Leong Hup International Berhadhttps://www.leonghupinternational.com › .

Posted by Good123 > 2023-03-06 20:32 | Report Abuse

Leong Hup International Berhad is one of the largest fully integrated producers of poultry, eggs and livestock feed in Southeast Asia. Currently, we are present in five of the fast-growing economies in the Southeast Asian region, namely Malaysia, Singapore, Indonesia, Vietnam and Philippines.

Leong Hup International Berhadhttps://www.leonghupinternational.com › ...
Stock price: LHI (KLSE) RM 0.52 +0.02 (+5.05%)
6 Mar, 5:00 pm MYT - Disclaimer
CEO: Tuang Nguang Lau (Jun 13, 2018–)
Subsidiaries: Leong Hup (Philippines). Inc, MORE
Parent organization: Emerging Glory Sdn. Bhd.
Headquarters: Malaysia
Founded: 1978

Posted by Good123 > 2023-03-06 20:34 | Report Abuse

TA Securities, semasa IPO Leong Hup pada harga RM1.10... Tahun 2023 boleh direalisasikan

Business Overview
LHI is engaged in integrated poultry business that traces back to the 1960s.
Presently, it is primarily involved in i) producing livestock and poultry related
products alongside ii) manufacturing animal feeds. Historically, the livestock
business accounted for >60% of the group’s total revenue, which can be
classified into 2 main categories: i) chicken production (inclusive day-old-chick
for breeder and broiler, broiler, as well as food processing) and ii) egg
production (inclusive day-old-chick for layer and table egg). The balance of
<40% came mainly from feedmill business. The group garners strong brand
awareness in its countries of operations, where it carries its poultry products
under the brand name of Ayam A1, Sunny Gold, Ciki Wiki and others. As for
the feedmill business, it manufactures and trades feeds for livestock such as
chickens, ducks, swines, aquatic animals and domestic pets. The key brands of
its feeds are Leong Hup, Malindo, Gymtech, Emivest and A88.
The group has managed to develop widespread presence in ASEAN region,
namely Malaysia, Indonesia, Singapore, Vietnam and the Philippines. As at Oct2018, it operated 241 farms and hatcheries, 6 slaughtering plants and 13
feedmills across these countries. About 29% of the group’s FY18 revenue was
generated in Malaysia, whilst the balance from Indonesia (33%), Singapore
(17%), Vietnam (20%) and Others (1%).
During the course of business, the group has listed several parts of its
businesses, such as LH Holdings (subsequently privatised in 2012), Eminvest
(subsequently privatised in 2012), Malindo Feedmill (57.1% effective stake) and
Teo Seng (26.1% effective stake). Aforementioned privatisations were initiated
on the basis of undemanding valuation for both LH Holdings and Emivest, and
to enable greater flexibility in pursuing growth.

Posted by Good123 > 2023-03-06 20:36 | Report Abuse

Share Information
Listing Main Market
Enlarged Share Capital (mn) 3650.0
Market Cap @ RM1.10 (RM mn) 4015.0
Issue price (RM) 1.10
Oversubscription rate N/A
Estimated free float (%) 25.68%-29.54%
Tentative listing date 16-May-19
Tentative Listing Dates
Event Tentative Date
Opening of the IPO 25-Apr-19
Closing of the IPO 3-May-19
Balloting of Applications 7-May-19
Allotment of Shares 15-May-19
Listing 16-May-19
Ratio & Analysis
NTA per share (post IPO) (RM) 0.52
Price to NTA (x) 2.1
Proforma Gearing (x) 0.93
Utilisation of Proceeds RM(mn) %
Capex






-Malaysian Operations 40.7 14.8
-Vietnam Operations 47.0 17.1
-Philippines Operations 120.0 43.6
Working capital 33.0 12.0
Estimated listing expenses 34.3 12.5
TOTAL 275.0 100.0

Source: https://leonghup.listedcompany.com/misc/analyst_report/19-Apr-30-TA_Securities-Leong_Hup_International_Berhad.pdf

Posted by Good123 > 2023-03-06 20:38 | Report Abuse

NTA per share (post IPO) (RM) 0.52
Price to NTA (x) 2.1

Kini NTA 54.93sen, jika pakai P/B method, harga syer LHI patut = 2.1 x 54.93 = RM1.15+

Posted by Good123 > 2023-03-06 21:01 | Report Abuse

Tuesday, 28 Feb 2023
5:25PM
LHI Financial year end net profit 243.874 million (increased 154.33%)

Posted by Good123 > 2023-03-06 21:01 | Report Abuse

dividend or even bonus share is possible... just accumulate more n more

Posted by Good123 > 2023-03-06 21:54 | Report Abuse

BRIEF HISTORY OF THE COMPANY
During the 1960s, the late Mr Lau Leng Yeaw operated a vegetable wholesale business in Muar, Johor, Malaysia. The late Datuk Lau Chong Wang and the late Dato’ Lau Bong Wong then joined the family’s wholesale business and proceeded to diversify into other businesses, among them the growing of broilers for the local market.

Adoption of modern techniques and effective cost control measures enabled the business to prosper and with more family members joining the management team, among them, Mr Lau Chia Nguang, Tan Sri Lau Eng Guang and Tan Sri Lau Tuang Nguang, the company expanded vertically into breeder farms, slaughtering plants and food processing. The expansion culminated in the listing of Leong Hup Holdings Berhad (“LHH”) in the Kuala Lumpur Stock Exchange (now known as the Main Market of Bursa Malaysia Securities Berhad) on 29 October 1990.

Over the next 20 years, LHH’s business expanded in scale and the LHH Group further diversified its operations vertically into feedmill production and trading (under Emivest Berhad) and layer farming (under Teo Seng Capital Berhad) in Malaysia; food processing and trading under Lee Say Group in Singapore; integrated poultry farming and feedmill production under PT Malindo Feedmill TBK in Indonesia; and integrated poultry and feedmill under Emivest Vietnam Group in Vietnam.

On 24 April 2012, LHH and Emivest Berhad were both delisted from the Main Market of Bursa Securities Malaysia Berhad (“Bursa Securities”) following privatisation by Emerging Glory Sdn Bhd. Upon completion of restructuring, on 9 September 2014, Affinity Equity Partners (S) Pte. Ltd. invested into Leong Hup International Sdn Bhd and acquired 23% equity interest while the founding Lau family held the remaining 77% of the company.

On 17 August 2018, Leong Hup International Sdn Bhd converted into a public company and became Leong Hup International Berhad (“Leong Hup International”). On 16 May 2019, Leong Hup International was successfully listed on the Main Market of Bursa Securities, making it the largest poultry related initial public offering (IPO) in Southeast Asia, raising in total RM1.03 billion.

Today, Leong Hup International is one of Southeast Asia’s leading fully integrated poultry operators and its operations now spreads across Malaysia, Indonesia, Vietnam, Singapore and the Philippines, which are attractive consumer markets, with a population of over 505.0 million people and significant growth potential. As Southeast Asia’s leading pure play integrated poultry operator, our operations span the entire poultry supply chain, encompassing livestock feed production, poultry breeding, broiler farming, layer production, further processed poultry products and retailing of ready-to-eat poultry and bakery products.

Posted by Good123 > 2023-03-06 21:54 | Report Abuse

Vision
Leong Hup International aspires to be one of the top integrated poultry operators in the Asian region. We are committed to uphold trust and aim to be an exemplary organization for sales, quality and affordable food.

Mission
Leong Hup International aims to be the market leader in providing livestock feed and poultry products. Leong Hup International embraces a culture of innovation and value-adding to enhance quality and productivity. In addition to adopting the latest farm technology, we constantly provide training to our human capital and comply with internationally-prescribed bio-security standards.

CORPORATE VALUES

Enhancing customers’ experience
At Leong Hup International, we are committed to delivering high quality poultry products to our customers. We constantly engage with our customers for their feedback in our quest to achieve product and service excellence.

Operating business ethically
We at Leong Hup International uphold and promote the value of integrity in conducting our business affairs. In line with our business conduct, we ensure that responsibility and accountability are practised in all levels of our business operations.

Nurturing talents
As an equal opportunity employer, recognising and developing talents in human capital is an important aspect of our businesses at Leong Hup International. We actively promote a culture of respect and innovation within our team of diverse and well-trained talents.

Posted by Good123 > 2023-03-06 21:55 | Report Abuse

https://www.leonghupinternational.com/

Posted by Good123 > 2023-03-06 21:56 | Report Abuse

Name Details of Changes
Date Type No. of Shares Price
MISS CHU NYET KIM 01-Mar-2023 Acquired 200,000 0.495
MR LAU JOO HAN 19-Jan-2022 Acquired 6,600,000 0.600
MR LAU CHIA NGUANG 12-Jan-2022 Acquired 100,000 0.605
MR LAU CHIA NGUANG 30-Dec-2021 Acquired 72,400 0.520
MR LAU CHIA NGUANG 29-Dec-2021 Acquired 130,000 0.525
MISS GOH WEN LING 30-Nov-2021 Acquired 100,000 0.520
DATO' LAU ENG GUANG 02-Jul-2021 Transferred 885,000 -
DATO' LAU ENG GUANG 12-Apr-2021 Transferred 1,000,000 -
DATO' LAU ENG GUANG 18-Mar-2021 Transferred 20,133,207 -
DATO' LAU ENG GUANG 18-Mar-2021 Transferred 7,000,000 -
DATO' LAU ENG GUANG 05-Mar-2021 Transferred 10,000,000 -
DATO' LAU ENG GUANG 05-Mar-2021 Transferred 3,500,000 -
MR LAU JOO HAN 18-Jan-2021 Acquired 1,000,000 0.673
MR LAU JOO HAN 18-Jan-2021 Acquired 600 0.685
MR LAU JOO HAN 11-Jan-2021 Acquired 1,500,000 0.686
MR LAU JOO HAN 07-Jan-2021 Acquired 2,000,000 0.691
DATO' LAU ENG GUANG 06-Jan-2021 Transferred 9,000,000 -
DATO' LAU ENG GUANG 06-Jan-2021 Transferred 8,000,000 -
MR LAU JOO HAN 22-Dec-2020 Acquired 1,000,000 0.699
MR LAU JOO HAN 30-Nov-2020 Acquired 500,000 0.693
MR LAU JOO HAN 30-Nov-2020 Acquired 300,000 0.695
DATO' LAU ENG GUANG 24-Jul-2020 Acquired 150,000 0.835
MISS GOH WEN LING 23-Jul-2020 Acquired 25,000 0.845
DATO' LAU ENG GUANG 23-Jul-2020 Acquired 100,000 0.860
DATO' LAU ENG GUANG 21-Jul-2020 Acquired 100,000 0.890

Posted by Good123 > 2023-03-06 21:57 | Report Abuse

:)

IPO Info
Summary
Offer Period
Opening

2019-04-25

Closing

2019-05-03

Time Table
Allotment Date

2019-05-15

Listing Date

2019-05-16

Price
Issue Price

-

Units

3,650,000,000

Share Capital

0.000

No of Shares
Public Issue

250,000,000

Offer for Sale

687,500,000

Private Placement

-

Issuing House
TIIH - 681

ISIN Code
MYL6633OO001

Prospectus:
INITIAL PUBLIC OFFERING ("IPO") OF UP TO 937,500,000 ORDINARY SHARES IN LEONG HUP INTERNATIONAL BERHAD ("LHI") ("LHI SHARES") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE 3,650,000,000 LHI SHARES ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING AN OFFER FOR SALE OF UP TO 687,500,000 EXISTING LHI SHARES ("OFFER SHARES") AND A PUBLIC ISSUE OF 250,000,000 NEW SHARES ("ISSUE SHARES") INVOLVING: I. INSTITUTIONAL OFFERING OF UP TO 839,500,000 IPO SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"); AND II. RETAIL OFFERING OF 98,000,000 ISSUE SHARES TO THE DIRECTORS OF LHI, ELIGIBLE EMPLOYEES OF LHI AND ITS SUBSIDIARIES ("LHI GROUP"), PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE LHI GROUP AND THE MALAYSIAN PUBLIC, AT THE RETAIL PRICE OF RM1.10 PER IPO SHARE ("RETAIL PRICE"), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE (AS DEFINED HEREIN THIS PROSPECTUS) IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AND THE OVER-ALLOTMENT OPTION (AS DEFINED HEREIN THIS PROSPECTUS). THE FINAL RETAIL PRICE WILL BE EQUAL TO THE LOWER OF: (I) THE RETAIL PRICE OF RM1.10 PER IPO SHARE; OR (II) THE INSTITUTIONAL PRICE

Detailed Procedures for Application and Acceptance.pdf

LHI - Prospectus (Part 3).pdf

LHI - Prospectus (Part 2).pdf

LHI - Prospectus (Part 1).pdf

Posted by nightmare007 > 2023-03-06 23:06 | Report Abuse

@good123 kekeekkeke kaki auta??

Posted by Good123 > 2023-03-07 07:11 | Report Abuse

Baguslah, director of LHI cum ex-partner of Deloitte, big 4 accounting firm started buying:)

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6633 LHI LEONG HUP INTERNATIONAL BERHAD
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name : CHU NYET KIM
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary Shares
Details of Changes
Date of Notice : 02/03/2023
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 01/03/2023 Acquired 200,000 -
Circumstances by reason of which change has occurred:
Acquisition of shares
Nature of Interest:
Direct Interest
Consideration:
You are advised to read the entire contents of the announcement or attachment.
No of Shares Held After Changes:
Direct : 800,000 shares (0.0220%)
Total : 800,000 shares
Remarks:
The percentage of the 200,000 ordinary shares acquired is 0.005% calculated
based on the issued shares of 3,650,000,000 ordinary shares as at 1 March
2023.This announcement is also made to comply with Paragraph 14.09 of the Main
Market Listing Requirements of Bursa Malaysia Securities Berhad.
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:

02/03/2023 07:00 AM


Ref Code: 202303023700128

Posted by Good123 > 2023-03-07 07:29 | Report Abuse

UTRECHT, NETHERLANDS — Based on information published in Rabobank’s latest forecast, the poultry report for Q1 2023 , the outlook for global trade of poultry will remain strong in 2023, as lower feed costs benefit producers and consumers benefit from trading down to the more affordable protein option.

Posted by Good123 > 2023-03-07 07:30 | Report Abuse

www.asian-agribiz.com ›
Asian Poultry Outlook: Opportunities amid challenges
2 Jan 2023 — In a positive scenario, we expect the poultry industries in Southeast and South Asia in 2023 to continue its growth momentum since countries ...
www.feedstuffs.com › news
Global poultry outlook into early 2023 remains strong
27 Sept 2022 — Chicken best-positioned protein despite major cost, supply challenges. ...

Posted by Good123 > 2023-03-07 07:31 | Report Abuse

Poultry Market Size, Trends and Global Forecast To 2032
The global poultry market grew from $352.02 billion in 2022 to $378.84 billion in 2023 at a compound annual growth rate

Posted by Good123 > 2023-03-07 07:33 | Report Abuse

Leong Hup International Bhd is another large fully-integrated producer of poultry, eggs and livestock feed in SouthEast Asia (SE Asia), with a market capitalisation of RM1.9 billion.

“Our livestock business is vertically integrated and, in combination with our feed mill business, covers the entire poultry value chain.

“Our integrated, farm-to-plate business model operations began in Malaysia, where our headquarters remain.

“Today, we have expanded and operated in four other fast-growing countries in SE Asia, namely Indonesia, Singapore, Vietnam and the Philippines,” the company noted on its corporate website.

Currently, Leong Hup produces and distributes broiler chickens for consumption in the respective domestic markets of Malaysia, Indonesia, Vietnam and the Philippines.

The company also exports broiler chickens from Malaysia to Singapore.

Posted by Good123 > 2023-03-07 08:04 | Report Abuse

Moving back towards ipo price rm1.10 in 2019

Maybank Trade:

Above expectations
Our FY23E-FY24E earnings estimates are raised by 9%-10% and we introduce FY25E. Into FY23, we expect LHIB’s operating landscape to improve with Malaysia’s poultry price controls coming to an end in Jul 2023 and expectations for more stable livestock and feed demand in its other respective countries of operations. Our TP is raised to MYR1.00 based on an unchanged 15x FY23E PER. Maintain BUY.

Posted by Good123 > 2023-03-07 08:06 | Report Abuse

Prestasi pencapaian yang luar biasa

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6633 LHI LEONG HUP INTERNATIONAL BERHAD
Quarterly rpt on consolidated results for the financial period ended 31/12/2022
Quarter: 4th Quarter
Financial Year End: 31/12/2022
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/12/2022 31/12/2021 31/12/2022 31/12/2021
RM '000 RM '000 RM '000 RM '000
1 Revenue 2,321,912 1,814,088 9,042,702 7,153,520
2 Profit/Loss Before Tax 150,663 57,512 326,555 140,315
3 Profit/(loss) attributable to ordinary equity holders of the parent 90,706 37,987 218,891 85,403
4 Net Profit/Loss For The Period 114,255 52,005 243,874 95,890
5 Basic Earnings/Loss Per Shares (sen) 2.49 1.04 6.00 2.34
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.66
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 0.5493 0.4951
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

28/02/2023 07:00 AM


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Posted by Good123 > 2023-03-07 08:16 | Report Abuse

The founder wanted to bring the share price back to ipo price rm1.10 or above.

Waiting for declaration of cash or share dividend, etc :)

Posted by Good123 > 2023-03-07 08:17 | Report Abuse

Banyak komen dalam pelbagai bahasa di platform lain :)

今年雞蛋是成長股哦，看來有看頭了

Posted by Good123 > 2023-03-07 08:20 | Report Abuse

Ahli ekonomi bank dunia mengkutuk kerajaan lama kerana mengawal harga sehingga menyekat penawaran dan mengakibatkan kadar inflasi yang tinggi kerana kekurangan penawaran. Mulai julai ni, tiada lagi kawalan harga terhadap ayam dan telur.

Posted by Good123 > 2023-03-07 08:21 | Report Abuse

Leong Hup International - Demand expected to remain strong in FY23

AmInvest
Publish date: Thu, 02 Mar 2023, 05:39 PM
Investment Highlights
We keep our BUY call on Leong Hup with the same fair value of RM0.93/share based on FY23F PE of 14x, at parity to its 5-year mean. This also reflects an unchanged neutral ESG rating of 3 stars.

Posted by Good123 > 2023-03-07 08:23 | Report Abuse

Mereka yg tak mampu makan ikan akan membeli telur sebagai sumber protein alternatif yang mampu beli

Posted by Good123 > 2023-03-07 08:42 | Report Abuse

Ex-deloitte partner as director and keep buying LHI shares. Terbaiklah.

Founder to work with licensed investment analysts to help share price to reflect its fair value... Expecting continuous improvement in share price, etc

Posted by Good123 > 2023-03-07 08:43 | Report Abuse

When ex-partner of big four accounting firm is buying, it is pretty obvious that it is good

Posted by Good123 > 2023-03-07 08:46 | Report Abuse

Group cfo juga beli :)

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD
LEONG HUP INTERNATIONAL BERHAD

Subject Dealings Outside Closed Period

No Salutation Name Designation Description Of "Others" Designation
1 MR CHEW ENG LOKE Others Group Chief Financial Officer
Type of Transaction Acquired
Description of "Others" Type of Transaction
Date of Transaction 01 Mar 2023
Description of Securities Ordinary Shares (Direct Interest)
No of Securities Transacted 55,100
% of Securities Transacted 0.002
Consideration Malaysian Ringgit (MYR) 26,999.000


Announcement Info
Company Name LEONG HUP INTERNATIONAL BERHAD
Stock Name LHI
Date Announced 01 Mar 2023
Category Dealings in Listed Securities (Chapter 14 of Listing Requirements)
Reference Number DLR-01032023-00011

Posted by Good123 > 2023-03-07 08:48 | Report Abuse

Q3 & Q4, 2023 even better after the lifting of price control over egg and chicken

Posted by Good123 > 2023-03-07 08:48 | Report Abuse

6 months later , share price probably above rm1 :)

Posted by Good123 > 2023-03-07 08:52 | Report Abuse

Top Shareholders
Top 25 shareholders own 92.47% of the company
Emerging Glory Sdn. Bhd.
52.8%
Clarinden Investments Pte Ltd
8.56%
Permodalan Nasional Berhad
8.1%
Employees Provident Fund of Malaysia
3.21%
Joo Lau
2.66%
Joo Lau
2.39%
Eng Lau
1.96%
Tn Lau Holdings Sdn Bhd
1.72%
Bank of Singapore Limited, Asset Management Arm
1.72%
Cn Lau Holdings Sdn Bhd
1.61%
Credit Suisse, Investment Banking and Securities Investments
1.51%
Akira Holding Foundation
1.37%
The Vanguard Group, Inc.
0.79%
Joo Lau
0.76%
Joo Heng Lau
0.67%
Jui Lau
0.67%
Kumpulan Wang Persaraan
0.43%
Hong Leong Asset Management Bhd
0.42%
Beng Khim Teh
0.31%
Hong Leong Company (Malaysia) Berhad (Hlcm)
0.27%
Amanah Saham Nasional Bhd
0.21%
LGT Capital Partners (FL) AG
0.19%
Dimensional Fund Advisors LP
0.093%
Nyet Chu
0.022%
Wen Goh
0.019%

Posted by Good123 > 2023-03-07 08:54 | Report Abuse

Less than 10% of lhi shares in small retailers' hand..

Bila naik, pasti sangat laju

Posted by Good123 > 2023-03-07 08:56 | Report Abuse

On the way to ipo price rm1.10 (2019), setahun sebelum pandemik kovid.


UP? £$¥€
2023-03-06 0.52 +0.025 (5.05%)
2023-03-03 0.495 0.00 (0.00%)
2023-03-02 0.495 +0.01 (2.061%)
2023-03-01 0.485 -0.01 (2.02%)

Posted by nicholas99 > 2023-03-07 08:57 | Report Abuse

government chase tax evasion.. not good news for corporate. faster run.

Posted by nicholas99 > 2023-03-07 08:57 | Report Abuse

FASTER RUN.

Posted by Good123 > 2023-03-07 09:03 | Report Abuse

Group cfo & ex partner of Deloitte beli syer LHI, sesiapa tak beli, Nanti akan hampa , kecewa :)

Posted by Good123 > 2023-03-07 09:04 | Report Abuse

Bila pakar kewangan insiders beli syer, itulah indicator paling baik untuk kita melabur dalam LHI

Posted by Good123 > 2023-03-07 09:05 | Report Abuse

Ipo price rm1.10... tahun ni dijangka akan balik ke harga ipo dan keatas

Posted by Good123 > 2023-03-07 09:09 | Report Abuse

53sen dah terus naik

Posted by selasih13 > 2023-03-07 09:15 | Report Abuse

Semua ayam punya saham naik , ini saham paling murah , mau naik pi rm1.10 punya...semua org boleh raya punya ...