Highlights
KLSE: GKENT (3204)       GEORGE KENT (M) BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
0.465   +0.005 (1.09%)  0.46 - 0.465  130,600
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Change in Nomination Committee

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Ann. Date Date Type Designation Name View
24-May-2023 01-Jun-2023 APPOINTMENT Member of Nomination Committee TEH BEE TEIN View Detail
24-May-2023 01-Jun-2023 VACATION OF OFFICE Member of Nomination Committee (DR.) IR. HJ. KEIZRUL BIN ABDULLAH View Detail
01-Apr-2022 01-Apr-2022 VACATION OF OFFICE Member of Nomination Committee TAN KAY HOCK View Detail
01-Apr-2022 01-Apr-2022 APPOINTMENT Member of Nomination Committee TAN SWEE BEE View Detail
23-May-2016 23-May-2016 APPOINTMENT Chairman of Nomination Committee AHMAD KHAIRUMMUZAMMIL BIN MOHD YUSOFF View Detail
23-May-2016 23-May-2016 CESSATION OF OFFICE Chairman of Nomination Committee ONG SENG PHEOW View Detail
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  15 people like this.
 
Mini2021 Next Month HSR coming soon
15/10/2023 9:19 AM
gkent2000 Ya... left HSR. Hopefully they won't play 'taichi' on that project again
20/10/2023 3:02 PM
gkent2000 Key long-term growth drivers for our metering division will continue to be in place, with a targeted technology-led growth strategy plan, according to the management
08/11/2023 2:38 PM
Icon 888 Be water
08/11/2023 4:33 PM
Bull13 Foreign funds buying? Something brewing?
09/11/2023 9:39 PM
Bull13 GKent NTA is 1.0127. Grossly & dangerously undervalued at 50s. Attractive for buying a stake like Salcon.
14/11/2023 4:44 PM
Icon 888 Once upon a time,, a diamond in bursa
15/11/2023 11:35 PM
gkent2000 Miss the era of 1 Malaysia 😂
17/11/2023 11:56 AM
gkent2000 Good q2 result can be expected i think ...
24/11/2023 4:24 PM
gkent2000 PAT reduced more than 90% due to lower recognition of its share of results from operations and impairment of assets of an associate
08/12/2023 11:20 AM
Mini2021 This glove counter no up? not in EPF list...pity
18/12/2023 1:35 PM
YT8170C no pity, bossku is no more
21/12/2023 4:10 PM
Mini2021 HSR coming ....
24/12/2023 11:52 PM
Icon 888 Hsr next week
27/12/2023 1:20 AM
gkent2000 Miss the Satu Malaysia moment. Ha
08/01/2024 3:57 PM
Icon 888 Wtf
22/01/2024 12:03 PM
Icon 888 Eat viagra..
23/01/2024 2:41 PM
Mini2021 TP RM 1 June 2024...
23/01/2024 11:16 PM
gkent2000 Why RM1 in June? 😅
26/01/2024 4:11 PM
Bull13 Surprise announcement on HSR next week?
27/01/2024 10:45 PM
Bull13 In 2018, GK made this announcement..
George Kent (M) Bhd and four multinational companies — Siemens AG, Alstom, Ferrovie dello Stato Italiane SpA and PORR AG, have formed a consortium to bid for the Kuala Lumpur (KL)-Singapore high-speed rail (HSR) project.
27/01/2024 10:45 PM
Bull13 G KENT now moving up with increased volume. Is there an impending announcement by G KENT/JOHAN on HSR??
30/01/2024 2:54 PM
captainjack jib gor might pardon later
30/01/2024 2:58 PM
ncy810116 nice...
30/01/2024 3:55 PM
xuxu fake news hehe
30/01/2024 4:04 PM
Santiago Not a fake news but Utusan forced to retract the news as they didnt wait for official announcement before publishing the news. So they retracted the news.
30/01/2024 5:47 PM
Bull13 KUALA LUMPUR (Jan 30): Two counters linked to Tan Sri Tan Kay Hock, namely Johan Holdings Bhd and George Kent (M) Bhd, saw their respective share prices hit a one-year high during Tuesday’s trading session.

Johan, which was barely traded with a two-month average volume of 467,500, emerged among the most active stocks on Bursa Malaysia after Tuesday’s noon break. It saw a total of 41.2 million shares change hands, its highest since August 2021.

The counter recorded its one-year high at 8.5 sen during Tuesday’s trading session, before closing at 7.5 sen — still up by 1.5 sen or 25% from its previous closing price of six sen. At 8.5 sen, the group is valued at RM87.6 million.

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Branded
KPJ Healthcare: Leveraging technology to enhance patient-centricity
Since being appointed President and Managing Director of KPJ Healthcare Bhd in September 2023, Chin Keat Chyuan says his journey has been profound, especially in his engagements with hospitals and clinicians across Malaysia.

Meanwhile, George Kent saw its share price close at 58 sen, up seven sen or 13.5%, on Tuesday. The counter hit 62 sen, its highest over the last one year. Volume shot to 29.1 million shares — a four-year high — during the day.

At 58 sen per share, George Kent is valued at RM323.67 million.



While there are no announcements made by George Kent that could warrant the spike in its share price, it could be fuelled by rumours that its largest shareholder Tan is looking at options that could address the issue of losses at its associate companies.

Tan holds a 45.56% stake in George Kent through Kwok Heng Holdings Ltd, Kin Fai International Ltd, Suncrown Holdings Ltd and Star Wealth Investment Ltd, as well as Johan Equities Sdn Bhd.

In the financial year ended March 31, 2023 (FY2023), George Kent made a paltry net profit of RM739,000, compared with RM31.3 million in the preceding financial year. The plunge in profitability was due to the RM18.43 million losses at its associates during the year that George Kent recognised, compared with just RM2.2 million in FY2022.

In the six-month period ended Sept 30, 2023 (1HFY2024), George Kent's share of the losses at associates almost doubled to RM6.3 million, compared with RM3.97 million in the corresponding period, dragging the group's net profit to RM4.2 million. In the corresponding period, the group reported RM15.5 million net profit.

Note that George Kent holds a 40% stake in Dynacare Sdn Bhd, a rubber glove manufacturing company. The group had been awarded a contract to design and build a glove manufacturing plant in Lumut Port Industrial Park, Perak in October 2021 for a contract price of RM686.5 million.

However, the contract was revised on March 31, 2023 to limit the scope of works for design, construction, completing, testing and commissioning for up to six double formers lines for a total sum of RM187.3 million in accordance with Dynacare’s decision to have six lines under Phase 1.

Johan holds a 60% stake in Dynacare. Tan is also the largest shareholder of Johan with a 60.67% stake.

Besides manufacturing water meters, George Kent is said to still be eyeing a slice of the country’s rail developments. Recall that George Kent was a partner in the Light Railway Transit 3 (LRT3) project between 2015 and 2021.

A slew of rail infrastructure projects are being planned by the government including the Klang Valley Mass Rapid Transit Line 3, the Penang LRT, the proposed Johor Bahru LRT as well as the Kuala Lumpur-Singapore high speed rail.

Edited ByKamarul Azhar
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30/01/2024 9:25 PM
Mini2021 RM 1 by June 2024
30/01/2024 10:56 PM
Mini2021 Najib will be out soon... TP RM 1 easily achievable...
31/01/2024 7:24 AM
Sweetchocalates Heard that it's partial pardon? Like reduced sentencing only.
31/01/2024 11:40 AM
speakup Najib sentence should be Doubled for wasting Court's time!
31/01/2024 12:36 PM
sohaitrader buy on rumors sell in news... now rumors just come out.. news come out later every time price go lower just grab it ... big boy oredy come in...goreng goreng ..chase high sure die for this stock ...
01/02/2024 3:38 PM
Squirtle Wat news make it go 62c?
02/02/2024 10:09 AM
gkent2000 Jib gor will be back in 2028 😁

https://www.malaysiakini.com/news/695122
02/02/2024 5:25 PM
el1t3man haha buy and keep until 2028?
06/02/2024 4:18 PM
SBcoffee Keep dreaming
06/02/2024 4:51 PM
Icon 888 Day dreaming..
14/02/2024 4:45 PM
SBcoffee Believe in your dream, hold till 2028
15/02/2024 5:47 PM
gkent2000 Trust your dream that Jib gor will turn the tide
19/02/2024 4:59 PM
Icon 888 See u 2028
20/02/2024 6:30 PM
Icon 888 Come See next 4 years
21/02/2024 2:32 PM
gkent2000 may be got 'white knight' will save GKENT in coming months 😁 Who knows, anything can happen 😃
26/02/2024 4:09 PM
YT8170C Haha where is white knight??
01/03/2024 1:52 PM
Icon 888 Why need white knight?? Company masuk pn17 ke
05/03/2024 11:49 PM
gkent2000 Not necessary masuk pn 17 baru need white knight lo
06/03/2024 12:16 PM
el1t3man buy & wait for bossku to come out 🤣
19/03/2024 4:51 PM
Noni Rindu masa Bossku....
27/03/2024 10:50 PM
gkent2000 Bossku will balik in 2028 with whiter hair. Be patient 😁
03/04/2024 5:33 PM
el1t3man can go visit bossku if rindu
04/04/2024 5:40 PM
gkent2000 Good idea, el1t3man. Bring some ketupat to him also
12/04/2024 4:51 PM


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