MALTON BHD

KLSE (MYR): MALTON (6181)

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Last Price

0.415

Today's Change

+0.005 (1.22%)

Day's Change

0.41 - 0.415

Trading Volume

319,900

Overview

Market Cap

219 Million

NOSH

528 Million

Avg Volume (4 weeks)

135,584

4 Weeks Range

0.405 - 0.435

4 Weeks Price Volatility (%)

33.33%

52 Weeks Range

0.37 - 0.55

52 Weeks Price Volatility (%)

25.00%

Previous Close

0.41

Open

0.41

Bid

0.41 x 46,500

Ask

0.415 x 67,500

Day's Range

0.41 - 0.415

Trading Volume

319,900

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2024 [#4] | 30-Aug-2024

Next QR | Est. Ann. Date

30-Sep-2024 | 30-Nov-2024

T4Q P/E | EY

7.90 | 12.65%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

1.79 | 0.23

T4Q NP Margin | ROE

3.47% | 2.93%

Market Buzz
Company Profile

Sector: PROPERTY

Sector: PROPERTY

Subsector: PROPERTY

Subsector: PROPERTY

Description:

Malton Bhd is principally engaged in investment holding and the provision of management services. It operates through three segments namely Property development, Construction contracts, and Others. The Property development segment is involved in the business of constructing and developing residential and commercial properties. Its Construction contracts segment consists of construction works for the development of residential and commercial properties. The company's Others segment comprises of investment holding, project management, property investment and management, and provision of management and accounting services.

Discussions
18 people like this. Showing 50 of 10,794 comments

Nkk1370

Any one knows the real asset value of BJ pavilion?

2022-07-15 17:13

Nkk1370

What can Malton gain fr the bj pavilion disposal?

2022-08-29 17:45

Nkk1370

Malton show time on 1/9/22

2022-08-30 17:29

Nkk1370

Unless the BOD recommend some dividend, Malton. price will stay stagnant

2022-09-09 15:40

thesteward

So undervalue

2023-04-05 10:12

targetinvest

very potential for special dividend after a long wait from loyal shareholder

2023-04-05 10:33

InvestIcon

With disposal of Bukit Jail Pavilion. Malton financially should be sound and able to resume distribute good dividend like before.

2023-04-07 11:11

koyokui

Buy malton nta rm1.87

2023-07-27 17:11

newbie9893

just buy, property is only theme to play right now

2023-08-28 11:57

Sebastians

Waiting ..... _/

2023-09-21 13:28

shawn88

will fly?

2023-10-11 17:31

koyokui

Buy back on track profit

2023-11-30 23:18

Good123

buy some... back to profitability



Thursday, 30 Nov 2023
5:44PM
MALTON 1Q net profit 1.688 million

2024-01-04 10:18

Good123

2024... dividend restarts liekly... ada untung dah...

buy first

2024-01-04 10:18

Good123

2024 post pandemic first dividend... back to untung as reported

30-Oct-2019 29-Nov-2019 DIVIDEND First and Final Dividend RM 0.015
30-Oct-2018 28-Nov-2018 DIVIDEND First and Final Dividend RM 0.02
31-Oct-2017 29-Nov-2017 DIVIDEND First and Final Dividend RM 0.025
27-Oct-2016 29-Nov-2016 DIVIDEND First and Final Dividend 2.5%
29-Oct-2015 29-Dec-2015 DIVIDEND First and Final Dividend 3.0000%
28-Oct-2014 29-Dec-2014 DIVIDEND First and Final Dividend 3%
30-Oct-2013 27-Dec-2013 DIVIDEND First and Final Dividend 2.5%
31-Oct-2012 26-Dec-2012 DIVIDEND First and Final Dividend 2.5%
01-Nov-2011 28-Dec-2011 DIVIDEND Final Dividend 2%
27-May-2011 08-Jun-2011 RIGHTS_ISSUE Rights Issue 2 : 5
30-Dec-2010 29-Dec-2010 DIVIDEND Final Dividend 1.5%
20-Nov-2007 11-Dec-2007 DIVIDEND First and Final Dividend 1%
20-Nov-2003 10-Feb-2004 DIVIDEND Final Dividend RM 0.1
23-Nov-2002 13-Feb-2003 DIVIDEND Final Dividend RM 0.035
25-Feb-2002 22-Feb-2002 OTHERS Others 1 : 2
20-Feb-2002 19-Feb-2002 BONUS_ISSUE Bonus Issue 1 : 1

2024-01-04 10:19

Good123

malton is very cash rich now.... done deal

2023-03-23
Pavilion REIT Unitholders Greenlight RM2.2 Bil Pavilion Bukit Jalil Mall Acquisition

2024-01-04 10:20

Good123

nta rm1.75

2024-01-04 10:20

Good123

Rm'000

EQUITY AND LIABILITIES
Capital and reserves
Share capital 528,552 528,552
Other reserves 2,938 2,938
Retained earnings 390,480 388,779
921,970 920,269
Non-controlling Interests 2,006 2,019
Total equity 923,976 922,288

2024-01-04 10:44

Good123

Prospects for the Next Financial Year Ending 30 June 2024
Moving forward, the Group expects a gradual recovery in the property development industry on
improved market sentiments along with Bank Negara Malaysia’s announcement in September
2023 to maintain its overnight policy rate (OPR) at 3% and expectations that the OPR will remain
unchanged this year. Stable OPR will bring confidence to the real estate market, which will then
have a broader positive impact on the overall economy.
Furthermore, with a total allocation of RM393.8 billion, Budget 2024 amongst others, aim to
transform the nation’s economy and improving the quality of life for all Malaysians. Several
positive measures are undertaken by the Government such as relaxation of Malaysia My Second
Home (MM2H) applications, increasing the Housing Credit Guarantee Scheme up to RM10
billion for the benefit of 40,000 borrowers are expected to boost the property sector demands.

2024-01-04 10:45

Good123

Segmental Reporting
a) Analysis of revenue and results by business segments for the financial period ended 30
September 2023:
Property
development
RM’000
Property
trading
RM’000
Construction
contracts
RM’000
Others
RM’000
Elimination
RM’000
Total
RM’000
Revenue
External Sales 66,264 11,703 50,329 1,665 - 129,961
Inter-segment Sales - - 8,125 12,320 (20,445) -
Total revenue 66,264 11,703 58,454 13,985 (20,445) 129,961
Results
Segmental results 9,793 107 6,276 7,837 (12,184) 11,829
Interest and
distribution income 574
Profit from operations 12,403
Finance costs (9,819)
Share in results of
associated company
and joint ventures (125)
Profit before tax 2,459
Income tax expense (771)
Profit for the period 1,688

2024-01-04 10:46

Good123

malton is free to do whatever it likes ... a great burden is gone.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MALTON BERHAD ("MALTON" OR "COMPANY") DISPOSAL BY REGAL PATH SDN BHD, A 51% JOINT VENTURE OF MALTON, OF THE PAVILION BUKIT JALIL MALL TO PAVILION REAL ESTATE INVESTMENT TRUST FOR A TOTAL INDICATIVE DISPOSAL CONSIDERATION OF RM2,200,000,000 ("DISPOSAL")
MALTON BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
MALTON BERHAD ("MALTON" OR "COMPANY") DISPOSAL BY REGAL PATH SDN BHD, A 51% JOINT VENTURE OF MALTON, OF THE PAVILION BUKIT JALIL MALL TO PAVILION REAL ESTATE INVESTMENT TRUST FOR A TOTAL INDICATIVE DISPOSAL CONSIDERATION OF RM2,200,000,000 ("DISPOSAL")
We refer to the Company's announcements dated 22 November 2022, 12 December 2022, 12 January 2023, 22 March 2023, 2 May 2023, 15 May 2023 and the Company’s circular dated 3 March 2023 in relation to the Disposal ("Circular"). Unless otherwise stated, the definitions used herein shall have the same meaning as defined in the said announcements and Circular.



On behalf of the Board, RHB Investment Bank wishes to announce that the Disposal has been completed today following the receipt of the Completion Date Payment today in accordance with the terms and conditions of the CSPA.



The Balance Consideration shall be satisfied in the manner set out in Paragraph 2.1(b) of Appendix I of the Circular.



This announcement is dated 1 June 2023.





Announcement Info
Company Name MALTON BERHAD
Stock Name MALTON
Date Announced 01 Jun 2023
Category General Announcement for PLC
Reference Number GA1-01062023-00048

2024-01-04 10:49

Good123


Save Print Back

6181 MALTON MALTON BHD
Change in Boardroom
Date of Change: 03/07/2023
Type of Change: Appointment
Designation: Others
Directorate: Ind & N/Exec
Name: BAHARUM BIN HARUN
Age: 63
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
He worked for the Malaysian Government for 21 years.1979 to 1984 - He
joined the office of former Prime Minister, Tunku Abdul Rahman Putra
Al-HajApril 1984 to 2000 - Prime Minister's Department as an Administrative
Officer 2000 to 2019 - Personal Assistant to Tan Sri Datuk Ab Aziz Bin Ismail
assisting in corporate affairs2020 to date - Advisory projects
Directorship of public companies (if any):
Nil
Family relationship with any director and/or major shareholder of the listed issuer:
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries:
Nil
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
Submitted By:

03/07/2023 07:00 AM


Ref Code: 202307033300131

2024-01-04 12:06

Good123

Right issue cuma sekali

Rights Issue
MALTON BERHAD

EX-date

08/06/2011
Entitlement date 10/06/2011
Entitlement time 05:00:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of up to RM156,390,346 nominal value 7-year 6% redeemable convertible secured loan stocks (“RCSLS”) at 100% of its nominal value together with up to 156,390,346 free detachable new warrants (“Warrants”) and up to 78,195,173 new ordinary shares of RM1.00 each in Malton Berhad (“Malton”) (“Malton Shares”) (“Bonus Shares”) attached on the basis of RM2.00 nominal value of RCSLS together with two (2) Warrants and one (1) Bonus Share for every five (5) Malton Shares held as at 5.00 p.m. on 10 June 2011 (“Rights Issue”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no ShareWorks Sdn Bhd
10-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Tel: (03) 6201 1120
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 10/06/2011
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Ratio
Ratio 2 : 5
Rights Issues/Offer Price 1

Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form (collectively, “Documents”), will only be despatched to the shareholders whose names appear on the Record of Depositors as at 5.00 p.m. on 10 June 2011 (“Entitled Shareholders”) at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 10 June 2011.

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.

This announcement is dated 27 May 2011.

Announcement Info
Company Name MALTON BERHAD
Stock Name MALTON
Date Announced 27 May 2011
Category Entitlements (Notice of Book Closure)
Reference No MM-110526-40344

2024-01-04 13:57

Good123

RM1 untuk terbitan syer baru dulu dulu

2024-01-04 13:58

Good123

The Group has completed renowned and large scale private developments including shopping malls, highway interchange, aircraft engineering complex, residential townships and high-rise developments. Leveraging on its strong and wide technical expertise, the Construction and Project Management division will continue to bid and secure new contracts to enhance its book value. To date, this division has managed and completed projects with contract value worth more than RM3 billion.

Completed Projects
Pavilion Bukit Jalil City
Pavilion Kuala Lumpur
Pavilion Hotel
Damen (USJ Subang)
Wangsa 118 (Wangsa Maju)
Galleria (Equine Park)
On-going Projects
Pavilion Damansara Heights
Pavilion Embassy
Pavilion Ceylon Hill

2024-01-04 14:29

Good123

Tan Sri Lim Siew Choon
Non-Independent Non-Executive Chairman
Tan Sri Lim Siew Choon, Malaysian, was appointed as the Executive Chairman of Malton Berhad on 15 February 2001, a position he held until his redesignation as Non-Executive Chairman on 3 January 2017.

He has been involved in the property development and construction industries for more than 35 years. He received his tertiary education in the United States of America and graduated with a degree in Business Administration and Finance from University of Central Oklahoma.

Tan Sri Lim Siew Choon is a major shareholder of Malton Berhad. He is also Chairman and Non-Independent Executive Director of Pavilion REIT Management Sdn Bhd, the Manager of Pavilion Real Estate Investment Trust and Executive Chairman of WCT Holdings Bhd. Both Pavilion Real Estate Investment Trust and WCT Holdings Bhd are listed on the Main Market of Bursa Malaysia Securities Berhad.

Guido Paul Philip Joseph Ravelli
Deputy Chairman, Non-Independent Non-Executive Director
Puan Sri Tan Kewi Yong
Executive Director
Chua Thian Teck
Executive Director
Datuk Hong Lay Chuan
Executive Director
Dato’ Siew Mun Wai
Independent Non-Executive Director
Arunasalam A/L Muthusamy
Independent Non-Executive Director
Baharum Bin Harun
Independent Non-Executive Director

2024-01-04 14:30

Good123

MLTO Historical Data
Time Frame
Monthly
Download Data
01/04/2022 - 01/04/2024
Date Price Open High Low Vol. Change %
01/01/2024 0.395 0.375 0.410 0.370 3.28M +3.95%
12/01/2023 0.380 0.380 0.395 0.370 4.74M 0.00%
11/01/2023 0.380 0.390 0.405 0.380 2.99M -2.56%
10/01/2023 0.390 0.415 0.415 0.385 6.79M -6.02%
09/01/2023 0.415 0.430 0.430 0.385 25.07M -8.79%
08/01/2023 0.455 0.405 0.470 0.400 40.88M +10.98%
07/01/2023 0.410 0.390 0.435 0.385 9.50M +3.80%
06/01/2023 0.395 0.395 0.415 0.380 3.11M 0.00%
05/01/2023 0.395 0.420 0.425 0.395 1.86M -7.06%
04/01/2023 0.425 0.395 0.465 0.395 9.25M +7.59%
03/01/2023 0.395 0.385 0.400 0.370 2.35M +1.28%
02/01/2023 0.390 0.395 0.415 0.385 3.48M -1.27%
01/01/2023 0.395 0.385 0.400 0.385 3.23M 0.00%
12/01/2022 0.395 0.410 0.425 0.390 4.96M -3.66%
11/01/2022 0.410 0.375 0.430 0.375 5.46M +9.33%
10/01/2022 0.375 0.375 0.400 0.335 5.24M -6.25%
09/01/2022 0.400 0.395 0.440 0.370 2.00M +2.56%
08/01/2022 0.390 0.385 0.390 0.375 507.60K +2.63%
07/01/2022 0.380 0.400 0.400 0.365 1.24M -2.56%
06/01/2022 0.390 0.410 0.455 0.385 2.03M -4.88%
05/01/2022 0.410 0.440 0.445 0.405 1.46M -8.89%
04/01/2022 0.450 0.430 0.475 0.425 1.64M +4.65%
03/01/2022 0.430 0.450 0.455 0.410 4.47M -2.27%
02/01/2022 0.440 0.480 0.490 0.440 5.64M -9.28%

2024-01-04 15:39

Good123

6181 MALTON MALTON BHD
Quarterly rpt on consolidated results for the financial period ended 30/09/2023
Quarter: 1st Quarter
Financial Year End: 30/06/2024
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
30/09/2023 30/09/2022 30/09/2023 30/09/2022
RM '000 RM '000 RM '000 RM '000
1 Revenue 129,961 128,679 129,961 128,679
2 Profit/Loss Before Tax 2,459 (932) 2,459 (932)
3 Profit/(loss) attributable to ordinary equity holders of the parent 1,701 (9,663) 1,701 (9,663)
4 Net Profit/Loss For The Period 1,688 (9,667) 1,688 (9,667)
5 Basic Earnings/Loss Per Shares (sen) 0.32 (1.83) 0.32 (1.83)
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 1.7500 1.7400

2024-01-04 15:54

Good123


“Moving into 2024, we expect much of the sector tailwinds enjoyed in 2023 to diminish,” said HLIB Research.

PETALING JAYA: Property sales will likely remain resilient in 2024, albeit at a moderate pace with launches by developers seen normalising.

The sector had a good year in 2023 as developers scaled up their launches as supply conditions improved.

On Bursa Malaysia, the Kuala Lumpur Property Index recorded an impressive return of 34.5% versus the FBM KLCI’s loss of 2.7%.

Hong Leong Investment Bank (HLIB) Research said all property stocks under its coverage recorded good positive returns in 2023, indicating a sector-wide rerating.

“Also notable is that stocks such as Sunway Bhd, OSK Holdings Bhd and Matrix Concepts Holdings Bhd achieved their all-time high stock price during 2023,” it added in a report.

The research house said the sharp rerating of the sector observed in 2023 was due to a correction of an earlier sector mispricing, plus a recovery boosted by transient factors.

“In 2022, despite the sector demand recovery post-economic reopening, the property index declined 8.9%, continuing its downtrend since 2014.

“This created a mismatch where demand and earnings were recovering but stock prices nonetheless continued to slip.”

It said the property sector enjoyed a “triple boost” in 2023 from stronger earnings due to accelerated billings, higher sales with more new products in the primary market and higher launches as supply conditions improved.

“Nonetheless, all of these three factors were not a reflection of a fundamental change in underlying demand dynamics.

“Moving into 2024, we expect much of the sector tailwinds enjoyed in 2023 to diminish,” said HLIB Research.

Firstly, it said the accelerated billings seen in 2023, which was a result of developers catching up on progress to avoid liquidated ascertained damages payment, should dissipate and normalise in 2024.

“Secondly, the higher sales in 2023, in our view, were partly due to some buyers shifting from secondary to primary market as more new products were available in the latter.

“We do not think property demand has changed much in 2023, given that the domestic economy has only seen moderate growth in gross domestic product (GDP).”

The research firm said the moderate growth is expected to continue in 2024 with a projected 4% to 5% GDP growth, based on Bank Negara’s estimate (HLIB Research forecast: 4.8%).

“As developers had scaled up launches significantly in the domestic market in 2023, these products will take some time for the market to absorb.

“As such, developers are unlikely to raise their launches significantly in 2024 and we think sales will also see a similar pace of moderate growth in 2024.”

HLIB Research is maintaining a “neutral” rating on the sector having previously downgraded it from “overweight” in last December.

“Despite an overall ‘neutral’ view on the sector, we nonetheless identified several names under our coverage that have the potential to ‘outperform’. Our top picks are Sunway, OSK, Sime Darby Property Bhd and IOI Properties Group Bhd.”

2024-01-05 08:33

koyokui

Buy malton volume in

2024-01-15 15:07

koyokui

Buy break .425

2024-01-29 12:21

Vandam

What happen?

2024-01-29 16:40

Albukhary

Anyone know that currently Malton owned how many share of Pavilion Reit?
It has sold Pavilion Bukit Jalil to Pavilion Reit, with consideration of RM2.2bil, which some will be paid in cash, and some in Pavilion Reit share.

May I know as at 31 Dec 2023, Malton owned how many share of Pavreit?

2024-01-29 17:02

TradeVirtuoso

Slow and steadyy

2024-02-28 17:55

koyokui

Buy quarter report return profit

2024-02-29 19:22

TradeVirtuoso

no worries, slow and steady

2024-03-19 16:57

shawn88

qr ok also drop .. zzz

2024-05-31 09:57

GSX1111

shot up soon RM1

2024-06-06 15:46

bigman888

Desmond Lim mau makan WCT?

2024-06-06 16:36

GSX1111

now is data center hit...cant be Desmond left out...

2024-06-06 16:59

DreamCommander

looks like holding, for the moment

2024-06-07 11:11

GSX1111

waiting for Data center announcement, Malton will announce as developer, contractor engineering WCT.

2024-06-07 14:14

凯翔 赖

Still can buy in at 52.5¢?

2024-06-09 15:21

GSX1111

with the sudden diesel price floating, i dont think all extra cost are covered by developer. The cost is picking up, better avoid property stock now.

2024-06-10 15:48

DreamCommander

51.5 is okay if got strong potential for upside, I think

2024-06-11 23:21

DreamCommander

still kind of struggling to figure out a safe level to go in

2024-06-13 14:18

koyokui

Buy back after sell gogo next round

2 months ago

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