LOTUS KFM BERHAD
KLSE (MYR): LOTUS (8303)
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Last Price
0.16
Today's Change
+0.005 (3.23%)
Day's Change
0.15 - 0.16
Trading Volume
330,400
IPO Info
Offer Period
Opening
Closing
Time Table
Allotment Date
Listing Date
Price
Issue Price
-
Units
-
Share Capital
0.000
No of Shares
Public Issue
-
Offer for Sale
-
Private Placement
-
Issuing House
-
ISIN Code
-
Prospectus:
RENOUNCEABLE RIGHTS ISSUE OF 477,595,420 NEW ORDINARY SHARES IN LOTUS KFM BERHAD (FORMERLY KNOWN AS KUANTAN FLOUR MILLS BERHAD) ("KFM") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF FIVE (5) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE IN KFM HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 30 OCTOBER 2019 TOGETHER WITH 238,797,710 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED FOR
Discussions
1 person likes this. Showing 50 of 1,771 comments
New venture of business will start contributing to the company in 2027 or earlier
1 month ago
Lotus KFM has also ventured into property development in an effort to diversify its revenue streams. The rate cut is also good news for the company
1 month ago
Volum dagangan mula meningkat kebelakangan. Masuk sikit utk menunggang gelombang ni
1 month ago
According to IMARC Group, the global wheat flour market size is expected to reach US$ 346.1 billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032
1 month ago
People are becoming more health conscious. Hence, Lotus KFM has great growth potential
1 month ago
Great, buying volume continue to increase. Just for sharing, today's buying rate for LOTUS is around 78% - 82%
1 month ago
sentimen pasaran agak lemah disebabkan pilihan raya AS ... pegang dan tengok dulu sekrg
1 month ago
Plantation business
Lotus and its subsidiaries (“Group”) had since early 2022 diversified into plantation businesses to
include the planting, harvesting and processing of fast-growing plants, including but not limited to Acacia
species, Gmelina species, Albizia species, Eucalyptus species and bamboo, into wood chips and bamboo
chips. As at the date of this announcement, the Group had acquired the rights-of-use/lease rights over
3,700 hectars (“ha”) of forest reserve lands/state lands situated in Negeri Kelantan and Negeri Perak
(“Lotus’ Lands”). The Proposed Joint Venture serves to expedite the subsisting planation business of
the Group, particularly on harvesting, processing and sale, through leveraging on the readily harvestable
lands of the JV Partners.
1 month ago
The Board of Directors of Lotus wishes to announce that LKB Plantation Sdn. Bhd., a wholly-owned subsidiary of the Company, has on 23 September 2024 entered into a joint venture agreement with Cengal Abadi Sdn. Bhd., Rimbun Jelutong Sdn. Bhd., Sentosa Tropika Sdn. Bhd., Trillion Greenland Sdn. Bhd. and Tropika Intan Sdn. Bhd., for the harvesting and processing of bamboo chips/pellets.
1 month ago
Business is expanding well, it looks like can grab some when the price is low
1 month ago
The company has updated its official website. Looks nice ~
https://www.kfmb.com.my/
4 weeks ago
diversify is good since expansion into plantations can bring potential for growth in the future
4 weeks ago
Plantation business
Lotus and its subsidiaries (“Group”) had since early 2022 diversified into plantation businesses to
include the planting, harvesting and processing of fast-growing plants, including but not limited to Acacia
species, Gmelina species, Albizia species, Eucalyptus species and bamboo, into wood chips and bamboo
chips. As at the date of this announcement, the Group had acquired the rights-of-use/lease rights over
3,700 hectars (“ha”) of forest reserve lands/state lands situated in Negeri Kelantan and Negeri Perak
(“Lotus’ Lands”). The Proposed Joint Venture serves to expedite the subsisting planation business of
the Group, particularly on harvesting, processing and sale, through leveraging on the readily harvestable
lands of the JV Partners.
3 weeks ago
Lotus-WB will expire soon and we probably can see Lotus making a rebound after that
3 weeks ago
There will be some movement for sure after WB expired because QR will also be released during that period
2 weeks ago
A bullish signal from the RSI indicator is detected. Get ready for a rebound
1 week ago
0.15-0.16 great support & potential reversal range, worth entering at this point
1 week ago
Result out, Lotus's revenue maintained RM13.386m in the immediate preceding quarter as compared with RM13.780m for current quarter, while gross profit decrease from RM 0.574m to RM 0.398m due to high material cost
4 days ago
Masih boleh tahan keputusan ni. Amat teruja perniagaan bekalan bahan biotenaga dan operasi ladang hutan yg boleh membawah pendapatan yg lumayan kpd Lotus
1 day ago
If break 0.16 then fly towards 0.22, Lotus doubling down on biomass solutions and forest plantations.
10 hours ago
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emptech
long way to go if 0.30 but very possible, potential stock ni
1 month ago