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Overview
Financial Highlight
HeadlinesNo recent Headlines for this stock. Business Background Kuchai Development Bhd is a Malaysia based company which is principally engaged in investment holdings and rental of property. The business operates in various segments that include Investment segment; which invest in long-term securities, Interest Income segment; which does the placement of excess fund in fixed and short-term deposits, and Rental Income segment, which does leasing of properties. The Investment segment generates maximum revenue for the company. Its services are exported to Singapore, Mauritius and Australian region. The Singapore region generates maximum income for the company.
  AhPek Their income mainly derived from GE in S'pore. S'pore's economy should pick up faster. 14/09/2021 11:32 AM Antfinance Soon after Kuala Lumpur Kepong Bhd completed the acquisition of a 56.2% stake in IJM Plantations Bhd from IJM Corp Bhd, two low-profile plantation counters — Kluang Rubber Co (Malaya) Bhd and Sungei Bagan Rubber Co (Malaya) — saw strong buying interest last week. They rallied by as much as 21.8% and 37.8% respectively, to their highest levels in more than three years. Their sister company, Kuchai Development Bhd, also gained 27.4% during the week. These three companies are controlled by Singaporean businessman Lee Thor Seng via The Nyalas Rubber Estates Ltd, but their shares have not seen much interest on the market over the years. In May this year, Sungei Bagan announced an asset swap deal that would effectively see The Nyalas Rubber Estates having greater control over Kuchai Development, which has a stake in Great Eastern Holdings Ltd —its prized asset. This would also allow Sungei Bagan to simplify its ownership structure. Note that its legacy cross-shareholdings with Kuchai Development have been in place for more than 20 years. Currently, Sungei Bagan is 32.21%- and 26.51%-owned by Kluang Rubber and Kuchai Development respectively. Under the proposal, Sungei Bagan is to give up its 9.44% stake in Kuchai Development to The Nyalas Rubber Estates. The period for fulfilment or waiver of all the conditions as set out in the agreement has been extended for three months to Dec 7, 2021. Are the recent share price gains a sign that more corporate exercises could be on the cards for these three companies? Perhaps they need to put in more effort to create value for their shareholders — be it via mergers and acquisitions or the disposal of non-core assets — in view of the prevailing elevated crude palm oil prices. This is especially when they have healthy balance sheets, sitting on cash piles with almost no debt. 05/10/2021 10:38 PM krish52 the minority shareholders in these companies should not be compromised at any cost. 12/10/2021 7:36 AM stockintalk 这几天，我和我几位同事和亲友们都在累计RM2.00 以下。 不涨就不涨咯，守着。 一旦涨了，相信可以看见RM3.00-RM5.00 不等。（我个人相信） 12/10/2021 8:35 AM longtermvaluegain 早安，各位！ https://www.stockopedia.com/share-prices/great-eastern-holdings-SGX:G07/ Great Eastern Singapore Share price S$ 21.65 Kuchai shake in Great Eastern Singapore more than 3,000,000 shares. 3 mil shares @S$ 21.65 =S$ 64,950,000 S$1.00=RM3.08 Kuchai's 3 mil shares in Great Eastern Singapore WORTH RM 200,046,000 单单我们只是计算Kuchai的那3 mil shares in GE Singapore都高达RM 2 亿令吉, 还没加上Kuchai 集团本身也已经是处于净现金公司状态的RM20 mil多呢！ Kuchai股本只有123.75 mil 张票. 这里，每股净现金而已都已经等于RM 1.78 价值. 别忘了，也别误会，Kuchai集团的净资产per share (NTA rm 3.925 ) 是没包括Kuchai 那个3 mil shares in Great Eastern Singapore呢！ 18/10/2021 6:59 AM Calvinharris pang72, kamu nampak berminat dengan KUCHAI ( golden pig 金猪股) cuma belum sampai masanya. 02/11/2021 4:00 PM mayongzheng Huatlau, Kuchai miliki 3 mil units share dalam Great Eastern Singapore. Satu hari nanti, bila jual 3 mil share itu, semua pemegang saham Kuchai tak kira major, minor or retailers shareholders, kemungkinan besar paling kurang bakal diagihkan RM1.60/unit dividend share. 05/11/2021 7:40 AM  birkincollector wah 12mil shares off market transaction at 2.37...privatisation?? 12/11/2021 5:06 PM longtermvaluegain Sg. Bagan Rubber sold 11,684,133 units share to Mr Lee Yung Shih with RM2.37/ticket ( a Singaporean). 17/11/2021 8:14 AM Jimmy Lim https://www.theedgemarkets.com/article/kuchai-development-proposes-dividendinspecie-sungei-bagan-shares 23/04/2022 12:32 PM Jimmy Lim For illustrative purposes, “a shareholder holding 1,000 KDB shares will be entitled to receive 142 Sg Bagan shares from the proposed dividend-in-specie”. Based on the market value of the distributable shares as at April 5, which was computed based on the market price of Sg Bagan shares of RM3.32 on that day, the amount to be utilised pursuant to the proposed dividend-in-specie is estimated at RM58.38 million. 23/04/2022 12:44 PM dompeilee Bought 15 more lots of Kuchai fr 1.89 - 1.93, entitling me to 2,130 shrs of SBagan =) 25/04/2022 10:46 AM dompeilee Desperados & kancheong spiders will always be desperate & action junkies lol 26/04/2022 10:52 AM dompeilee Like some of my ex-clients... ask them to hold for 1-3 mths also cannot...must fast fast earn....in a bear mkt, you gamble like that, die faster than a drunk @ the roulette table lol 26/04/2022 2:44 PM AhPek Based on Sg Bagan share at $3.32, the dividend-in-specie is about $0.46 per share. That is fantastic. 26/04/2022 4:24 PM dompeilee Let the short term desperado kaki judis unload...the smart ones are picking up their shares & waiting for FREE extremely undervalued SBagan shares...which can easily reach $5 in another 1-3 years. 27/04/2022 4:59 PM  | |
