【KIMLUN 5171 交流专区】金轮企业

icy97

KIMLUN CORPORATION BERHAD

EX-date	06 Jul 2017
Entitlement date	10 Jul 2017
Entitlement time	05:00 PM
Entitlement subject	Final Dividend (with Dividend Re-Investment Plan)
Entitlement description	Final Single-Tier Dividend of RM0.065 per ordinary share
Period of interest payment	to
Financial Year End	31 Dec 2016
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel:0327839299Fax:0327839222
Payment date	08 Aug 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	10 Jul 2017
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	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.065
Par Value (if applicable)	Malaysian Ringgit (MYR)

哭哭鸟

建筑股Kimlun近期盈利下跌，公司管理层解释说主要是公司的大型工程已在去年完成，而其他工程还未进到能贡献大量盈利的阶段，公司制造业方面也完成了新加坡的mrt与电线工程，而klang valley mrt 2 需下半年才能开始贡献。目前公司建筑合约达15.9亿，制造合约达330m.

icy97

金轮企业
料获大型基建订单

2017年7月25日

分析：安联星展研究
目标价：3.06令吉

最新进展

金轮企业（KIMLUN，5171，主板建筑股）拥有16亿7000万令吉的建筑订单，当中最大的项目是砂拉越泛婆罗洲大道。

若包括制造业订单，目前订单总额达19亿令吉。

在今年3月的分析员汇报会后，许多投行下调评级，因今年是“转型年”，预期获得制造业订单的时间，可能会影响收益表现。

行家建议

我们的2018财年财测，比同行高出15%，因为金轮企业正在执行着庞大的创纪录订单，而且，制造业务的赚幅较高，能从其他交通项目和工业化建筑系统（IBS）工程中获利，盈利可能还有再上涨的空间。

除了预计该公司可获更多建造订单，我们也看好制造业务，也将获得新加坡捷运、捷运第三路线及隆新高铁的更多工程。

该公司最大的风险是过于依赖柔佛的项目，因此积极转型成较少集中柔佛的承包商。

我们认为，公司严谨的投标程序，以及仅接受强稳顾客的工程，并确保项目卖得出去，有助缓解这风险。

考虑到上述因素，我们也上调金轮企业的目标价至3.06令吉，估值处于单位数本益比的廉宜水平，建议买入。



【e南洋】

icy97

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES
Description	KIMLUN CORPORATION BERHAD ("KIMLUN" OR THE "COMPANY")DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF KIMLUN WITH AN OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES IN KIMLUN ("DRP")
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the DRP. We refer to our earlier announcements dated 11 May 2017, 17 May 2017, 22 June 2017 and 12 July 2017. On behalf of the Board of Directors of Kimlun, RHB Investment Bank Berhad wishes to announce that based on the valid dividend reinvestment forms received by Tricor Investor & Issuing House Services Sdn Bhd, the share registrar for the DRP, Kimlun will be issuing 9,199,803 new ordinary shares in Kimlun ("Kimlun Share(s)") pursuant to the DRP ("New Shares"). The New Shares to be issued represent approximately 91.20% of the total number of 10,087,805 New Shares that would have been issued pursuant to the DRP had all the entitled shareholders of Kimlun elected to reinvest their respective electable portions of their cash dividend in New Shares. The said New Shares are expected to be listed on the Main Market of Bursa Malaysia Securities Berhad on 9 August 2017. This announcement is dated 3 August 2017.

icy97

KIMLUN CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Others
Details of corporate proposal	Dividend reinvestment plan that provides the shareholders of Kimlun Corporation Berhad ("Kimlun") with an option to elect to reinvest their cash dividend in respect of the financial year ended 31 December 2016 in new ordinary shares in Kimlun ("Kimlun Share(s)") ("New Share(s)") ("DRP")
No. of shares issued under this corporate proposal	9,199,803
Issue price per share ($$)	Malaysian Ringgit (MYR)   2.0000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	319,646,440
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 173,807,830.500
Listing Date	09 Aug 2017

icy97

Name	PHIN SDN BHD
Address	Unit 30-01, Level 30, Tower A Vertical Business Suite, Avenue 3, Bangsar South No. 8, Jalan Kerinchi Kuala Lumpur 59200 Wilayah Persekutuan Malaysia.
Company No.	1020136-K
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	08 Aug 2017	3,086,382	Others	Direct Interest
	Name of registered holder	Phin Sdn Bhd
	Address of registered holder	Unit 30-01, Level 30, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur.
	Description of "Others" Type of Transaction	DRP
2	08 Aug 2017	365,568	Others	Direct Interest
	Name of registered holder	Amsec Nominees (Tempatan) Sdn Bhd for Phin Sdn Bhd
	Address of registered holder	15th Floor Bangunan AmBank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur.
	Description of "Others" Type of Transaction	DRP
3	08 Aug 2017	214,500	Others	Direct Interest
	Name of registered holder	CIMSEC Nominees (Tempatan) Sdn Bhd for Phin Sdn Bhd
	Address of registered holder	17th Floor Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur.
	Description of "Others" Type of Transaction	DRP

Circumstances by reason of which change has occurred	Allotment of Shares under Dividend Reinvestment Plan ("DRP")
Nature of interest	Direct Interest
Direct (units)	116,480,315
Direct (%)	36.443
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	116,480,315
Date of notice	08 Aug 2017
Date notice received by Listed Issuer	08 Aug 2017

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	194,798	246,355	364,977	481,150
2	Profit/(loss) before tax	19,970	31,045	39,817	53,760
3	Profit/(loss) for the period	14,797	24,121	30,179	41,224
4	Profit/(loss) attributable to ordinary equity holders of the parent	14,795	24,121	30,176	41,224
5	Basic earnings/(loss) per share (Subunit)	4.77	8.03	9.73	13.72
6	Proposed/Declared dividend per share (Subunit)	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 attributable to ordinary equity holders of the parent ($$)	1.7703		1.7379

icy97

金轮获2.15亿建筑合约

2017年9月16日
（吉隆坡15日讯）金轮企业（KIMLUN，5171，主板建筑股）获颁建筑合约，在雪兰莪兴建两栋公寓和附属建筑，总值2亿1475万9261令吉。

金轮企业向交易所报备，上述合约是Hillcrest Gardens私人有限公司，颁发给子公司金轮私人有限公司。

建筑工程预计会在2020年6月竣工，相信可贡献期间的净利和净资产。【e南洋】

Type	Announcement
Subject	OTHERS
Description	Award of Contract
The Board of Directors of Kimlun Corporation Berhad (“KIMLUN" or "the Company”) is pleased to announce that its wholly-owned subsidiary, Kimlun Sdn Bhd had accepted the letter of award from Hillcrest Gardens Sdn Bhd for the construction of 2 blocks of condominiums and ancillary buildings at Mukim Petaling, Selangor (“the Project”). The contract sum for the Project is Ringgit Malaysia Two Hundred Fourteen Million Seven Hundred Fifty Nine Thousand Two Hundred Sixty One and Cents Twenty Two Only (RM214,759,261.22). The construction work is expected to be completed by June 2020. The Project is expected to contribute positively to the earnings and net assets of KIMLUN Group for the financial years during the contract period. None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the above contract.

Tony-Pua

8.15亿合约入袋．金轮全年有望破10亿
http://www.sinchew.com.my/node/1683301/

（吉隆坡18日讯）金轮企业（KIMLUN，5171，主板建筑组）开年至今共攫取8亿1500万令吉新建筑合约，距离10亿令吉合约仅有一步之遥。

上周五，金轮企业获Hillcrest花园公司颁发总值2亿1475万9261令吉建筑合约，将在八打灵建造2栋公寓，预期2020年6月竣工。

大马投行研究相当看好该公司前景，因该公司将建筑业务延伸至医院、商场、宿舍、政府办公楼及基建领域，预期该公司盈利能力可获得改善，进而上调该公司2017至2019财政年的盈利预测，上调幅度为2%、8%和10%。

肯纳格研究指出，连同上述合约计算在内，金轮企业今年共攫取共8亿1500万令吉建筑合约，看好该公司有能力可再取得1亿8500万令吉的工程。

肯纳格假设上述工程的税前赚幅为8%，预计该公司每年可从中获得470万令吉的盈利。

肯纳格补充，金轮企业今年共攫取了9000万令吉预制组件制造合约，目前共有3亿2000万令吉订单在手，可支撑未来2年的盈利表现。

竞标LRT 3高架桥合约

丰隆研究指出，除了最新建筑合约，该公司也受邀竞标轻快铁三线（LRT3）高架桥合约，可能捎来意外惊喜。

丰隆表示，该公司手握25亿令吉合约，建筑合约为22亿令吉，预制组件制造合约则为3亿2000万令吉，相等于该公司2016财政年营业额的2.7倍。

丰隆补充，尽管金轮企业2016财政年的盈利创新高至8200万令吉，但随着捷运二线（MRT2）及新加坡捷运线完工，意味制造业务表现将走缓，此外，建筑业务赚幅也逐步恢复正常，因此该行预期2017财政年盈利可能按年下滑16%。



文章来源：
星洲日报‧财经‧报道：谢汪潮‧2017.09.18

icy97

金轮企业今年财测不变

2017年9月20日

分析：马银行投行研究
目标价：2.30令吉

最新进展：

金轮企业（KIMLUN，5171，主板建筑股）获颁建筑合约，在雪兰莪兴建两栋公寓和附属建筑，总值2亿1475万9261令吉。

上述合约是由Hillcrest Gardens私人有限公司，颁发给子公司金轮私人有限公司。

建筑工程预计将在2020年6月竣工，相信可贡献期间的净利和净资产。

行家建议：

我们预计，该合约将公司未完成订单推高至22亿令吉，年初至今获得的新合约已达3亿2000万令吉。

倘若该合约税前盈利赚幅达6%，将于2020年贡献980万令吉的净利。

同时，看好该公司可从巴生谷捷运第3路线（KVMRT3）、隆新高铁（HSR）和可负担房屋领域获得更多合约。

我们维持2017财年净利预测，因制造业务的新加坡捷运计划Thomson Line的完工，与今年末季交付捷运路线2（MRT2）配套之间的时间差距，预计该财年录得较低净利。

考虑到2018财年预测的10倍本益比，保持“守住”评级和2.30令吉目标价。



【e南洋】

icy97

柔州建連貫道路 馬星集團頒5000萬合約

2017年9月28日
（吉隆坡28日訊）馬星集團（MAHSING，8583，主要板房產）頒發5000萬令吉合約予金輪企業（KIMLUN，5171，主要板建築），在柔佛建連貫至丹絨蘭砂（Tanjung Langsat）–查哈雅峇魯（Cahaya Baru）收費大道的連貫道路。

有關大道是士乃迪沙魯大道（SDE）的一部分，距離馬星集團城鎮發展僅一公里。

該公司發布文告指出，連貫道路有助縮短占地1313英畝、發展總值達50億令吉的發展項目，通往主要地點如丹絨蘭砂和巴西古當的距離，介于15分鐘至45分鐘。

馬星集團總執行長拿督何漢生指出：“連貫道路將加強通往士乃迪沙魯大道，以及南北大道的連貫性。”

“這將使 Meridin East對買家而言更具吸引力，因我們提供可負擔價格房屋，並具有好的設施和連貫性。”

上述建築工程將在2018年首季動工，料于2020年底竣工。

此外，金輪企業執行董事陳連興（譯音）稱：“我們很榮幸與馬星集團合作，希望這項合作可讓兩家公司攀上更高峰。”

何漢生說，他對金輪企業交付工程能力有信心，因后者具有極佳紀錄且是道路建築專才。【中国报财经】

Type	Announcement
Subject	OTHERS
Description	Award of Contract
The Board of Directors of Kimlun Corporation Berhad (“KIMLUN" or "the Company”) is pleased to announce that its wholly-owned subsidiary, Kimlun Sdn Bhd had accepted the award of a RM50 million construction contract from Mah Sing Group Berhad to build a connecting road into the Tanjung Langsat – Cahaya Masai Toll Connecting Highway, which forms part of the Senai Desaru Expressway ("the Project"). The construction work is expected to be completed by end of year 2020. The Project is expected to contribute positively to the earnings and net assets of KIMLUN Group for the financial years during the contract period. None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the above contract.

icy97

金轮企业
铁路项目潜在赢家

2017年9月30日

分析:丰隆投行研究
目标价:2.70令吉

最新进展:

金轮企业（KIMLUN，5171，主板建筑股）获马星集团（MAHSING，8583，主板产业股）颁发总值5000万令吉的合约，在柔佛建道路立交桥，衔接丹绒朗刹与士乃-迪沙鲁大道的查哈亚峇鲁收费站交流道。

这项工程将在明年首季动工，预计2020年竣工。这条衔接道路距离马星集团的Meridin East项目仅1公里。

行家建议:

加上这最新的柔佛道路工程，金轮企业今年至今已经赢得10亿令吉，超越原本6亿至7亿令吉的全年目标。

截至今年中，订单规模达23亿令吉，其中20亿令吉是建筑合约，另3亿2000万令吉则是制造业。这已经是2016财年营业额的2.5倍，相当强劲。

管理层指出，无法获得轻快铁第三路线的配套合约，但有意从制造层面参与该项目，即供应分段箱梁和其他预制产品。

同时，金轮企业也看好全国大选后的合约释出动向，包括东海岸铁路和隆新高铁等大型铁路项目，有意参与建筑和制造方面的竞标。

此外，公司也放眼借助工业化建造系统（IBS）的专业，取得5亿令吉的可负担房屋项目。

虽然我们预计今年净利将下跌16%，但看好强劲的合约将可激励明年业绩复苏，因此将评级从“守住”上调至“买入”。



【e南洋】



分析员改观．金轮夺9.3亿合约

●新闻

金轮企业（KIMLUN,5171,主板建筑组）获得马星集团（MAHSING,8583,主板产业组）颁发5000万道路建筑合约。

金轮企业将建造往返丹绒浪沙和马西佳哈耶峇鲁的收费站大道，该路段竣工后会衔接士乃迪沙鲁大道（SDE）。

●分析

金轮企业再下一城后，工程订单节节攀升，分析员看好该公司2018财政年会走出低迷，盈利将恢复稳定增长。

马银行研究指出，该公司今年至今夺下高达9亿3000万令吉新合约，手中订单提高到20亿令吉，获利展望乐观。

随着捷运二线（MRT2）动工，该公司的建材预制业务也会大有起色。

马银行表示，鉴于金轮企业的新合约远高于该行估计的7亿令吉，决定将新合约目标调高到10亿令吉。

该行将金轮企业2017至2018财政年盈利预测上修2%、8%和7%，并调高目标价，评级也由“持有”升至“买进”。

丰隆研究调整基础年份至2018财政年底后，将金轮企业的目标本益比由10倍升至11倍，目标价增至2令吉70仙。

该行认为，虽然金轮企业现财政年盈利可能减少16%，但下财政年有望逐步回升，促使该行调高评级，从“持有”调至“买进”。

金轮企业周五升5仙，收报2令吉23仙。



文章来源：
星洲日报／财经‧2017.09.29

icy97

Type	Announcement
Subject	OTHERS
Description	KIMLUN CORPORATION BERHAD ("THE COMPANY") - INCORPORATION OF SUBSIDIARY
The Board of Directors of Kimlun Corporation Berhad ("the Company") wishes to announce that Kimlun Land Sdn Bhd, a wholly-owned subsidiary of the Company has incorporated a wholly-owned subsidiary namely, Kiiville Sdn Bhd (“KVSB”) on 12 October 2017. The initial issued share capital of KVSB is RM1.00 comprising of 1 ordinary share. The principal activities of KVSB are investment holding, property investment and development. This announcement is dated 12 October 2017.

icy97

Type	Announcement
Subject	OTHERS
Description	KIMLUN CORPORATION BERHAD ("THE COMPANY") - INCORPORATION OF SUBSIDIARY
The Board of Directors of Kimlun Corporation Berhad ("the Company") wishes to announce that Kimlun Land Sdn Bhd, a wholly-owned subsidiary of the Company has incorporated a wholly-owned subsidiary namely, Kii Ashbury Sdn Bhd (“KASB”) on 6 November 2017. The initial issued share capital of KASB is RM1.00 comprising of 1 ordinary share. The principal activities of KASB are investment holding, property investment and development. This announcement is dated 6 November 2017.

icy97

Type	Announcement
Subject	OTHERS
Description	KIMLUN CORPORATION BERHAD ("THE COMPANY") - INCORPORATION OF SUBSIDIARY
The Board of Directors of Kimlun Corporation Berhad ("the Company") wishes to announce that Kimlun Land Sdn Bhd, a wholly-owned subsidiary of the Company has incorporated a wholly-owned subsidiary namely, Kii Morris Sdn Bhd (“KMRSB”) on 6 November 2017. The initial issued share capital of KMRSB is RM1.00 comprising of 1 ordinary share. The principal activities of KMRSB are investment holding, property investment and development. This announcement is dated 6 November 2017.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2017	30 Sep 2016	30 Sep 2017	30 Sep 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	248,079	224,175	613,056	705,325
2	Profit/(loss) before tax	20,328	21,958	60,145	75,718
3	Profit/(loss) for the period	14,230	16,510	44,409	57,734
4	Profit/(loss) attributable to ordinary equity holders of the parent	14,230	16,510	44,406	57,734
5	Basic earnings/(loss) per share (Subunit)	4.51	5.26	14.23	18.76
6	Proposed/Declared dividend per share (Subunit)	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 attributable to ordinary equity holders of the parent ($$)	1.8211		1.7379

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	KIMLUN CORPORATION BERHAD (867077-X) ("KIMLUN" or "THE COMPANY")PROPOSED ACQUISITION BY KII MORRIS SDN BHD (1254416-H), AN INDIRECT WHOLLY OWNED SUBSIDIARY OF KIMLUN, OF ALL THAT FREEHOLD AGRICULTURE LAND HELD UNDER HS(D) 458296 PTD 166915, IN THE MUKIM OF PULAI, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR WITH LAND AREA OF APPROXIMATELY 11.734 HECTARES ("PROPOSED ACQUISITION")
Pursuant to Paragraph 10.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of Kimlun (“the Board”) wishes to announce that on 20 December 2017, its indirect wholly owned subsidiary, Kii Morris Sdn Bhd ("KMRSB"), has entered into a sale and purchase agreement (“Agreement”) with Nusajaya Greens Sdn Bhd (“NGSB” or ‘Vendor”) to purchase all that freehold agriculture land held under HS (D) 458296 PTD 166915, in the Mukim of Pulai, District of Johor Bahru, State of Johor with land area of approximately 11.734 hectares (“Land”) from NGSB for a total cash purchase consideration of RM82,097,421.25 (“Purchase Consideration”). Kindly refer to the attachment as per Appendix I for further details.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5643973

Attachments Kimlun-Proposed Acquisition of Nusajaya Land.pdf

icy97

马星3608万脱手
金轮柔佛买地发展产业

2017年12月29日
（吉隆坡28日讯）金轮企业（KIMLUN，5171，主板建筑股）以总值3607万5168令吉，从马星集团（MAHSING，8583，主板产业股）手中收购两块土地，计划兴建商业产业。

金轮企业向交易所报备，旗下两家子公司与马星集团的两家独资子公司签署协议。

其中，Kiiville私人有限公司与马星产业私人有限公司签约，以总值1424万5867令吉，收购土地面积约2亿836.30平方米的所有商业永久土地。

该土地位于富莱苑（Taman Sri Pulai Perdana）城镇内，毗邻Pulai Springs Resort，距离柔佛士乃机场20公里，及柔佛城市中心约24公里。

此外，Kii Ashbury私人有限公司，则以总值2182万9301令吉，向马星集团的Meridin East私人有限公司收购面积17.90英亩的农业永久土地。

这片土地位于Meridin East城镇项目内，距离士乃迪沙鲁高数公路仅2.5公里。

内部融资及贷款

金轮企业将通过内部融资或向银行贷款，完全以现金支付收购价。

上述两块土地，将被发展成为商业产业，且在与有关顾问（如测量师或建筑师）协商并完成规划和发展细节后，便会将发展申请呈交有关部门审批。

由于处于初步阶段，发展总值、施工和完工预测时间，盈利回报等暂未敲定。

金轮企业称，这项收购为公司提供在战略地点增加地库的机会，以加强未来营业额和净利。

管理层有信心，该商业发展项目能够深受大众的好评。

金轮企业和马星集团在柔佛合作密切，马星集团曾颁出多个兴建合约给前者，包括房屋和道路合约。

金轮企业近期积极吸收柔佛优质土地，不久前才宣布向UEM阳光（UEMS，5148，主板产业股）收购位于柔佛依斯干达公主城的土地。

该土地面积约28.995英亩，该公司出价为8209万7421.25令吉。【e南洋】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	KIMLUN CORPORATION BERHAD (867077-X) ("KIMLUN" or "THE COMPANY")PROPOSED ACQUISITION BY KII ASHBURY SDN BHD (1254419-W), AN INDIRECT WHOLLY OWNED SUBSIDIARY OF KIMLUN CORPORATION BERHAD, OF PART OF THE FREEHOLD AGRICULTURE LAND HELD UNDER HSD 566044 PTD 224535, IN THE MUKIM OF PLENTONG, DAERAH JOHOR BAHRU, STATE OF JOHOR (PROPOSED ACQUISITION")
Pursuant to Paragraph 10.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of Kimlun (“the Board”) wishes to announce that on 27 December 2017, its indirect wholly owned subsidiary, Kii Ashbury Sdn Bhd (1254419-W) ("KASB") (“KASB” or “Purchaser”), has entered into a sale and purchase agreement (“Agreement”) with Meridin East Sdn Bhd (1054999-D) (“MESB” or “Vendor”) to purchase 17.90 acres of land forming part of the freehold agriculture land held under HSD 566044 PTD 224535, in the Mukim of Plentong, Daerah Johor Bahru, State of Johor (“Land”) for a total cash consideration of RM21,829,301.00 (“Purchase Consideration”). Kindly refer to the attachment as per Appendix I for further details.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5649297

Attachments Kimlun-Proposed Acquisition of Meridin East Land (Appendix I).pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	KIMLUN CORPORATION BERHAD (867077-X) ("KIMLUN" or "THE COMPANY")PROPOSED ACQUISITION BY KIIVILLE SDN BHD (1251139-P), AN INDIRECT WHOLLY OWNED SUBSIDIARY OF KIMLUN, OF ALL THAT PIECE OF FREEHOLD COMMERCIAL LAND HELD UNDER HS(D) 508921 PTD 185266, MUKIM PULAI, DAERAH JOHOR BAHRU, NEGERI JOHOR WITH LAND AREA OF APPROXIMATELY 20,836.30 SQUARE METERS ("PROPOSED ACQUISITION")
Pursuant to Paragraph 10.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR), the Board of Directors of Kimlun (“the Board) wishes to announce that on 27 December 2017, its indirect wholly owned subsidiary, Kiiville Sdn Bhd (1251139-P) ("KVSB" or “Purchaser”), has entered into a sale and purchase agreement (“Agreement”) with Mah Sing Properties Sdn Bhd (264979-M) (“MSPSB” or “Vendor”) to purchase all that piece of freehold commercial land held under HS(D) 508921 PTD 185266, Mukim Pulai, Daerah Johor Bahru, Negeri Johor with land area of approximately 20,836.30 square meters (“Land”) from MSPSB for a total cash consideration of RM14,245,867.00 (“Purchase Consideration”). Kindly refer to the attachment as per Appendix I for further details.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5649301

Attachments Kimlun-Proposed Acquisition of SPP Land (Appendix I).pdf

icy97

金轮企业
将继续买柔佛地

2017年12月30日

分析:肯纳格投行
目标价：2.27令吉

最新进展

金轮企业（KIMLUN，5171，主板建筑股）以总值3607万5168令吉，从马星集团（MAHSING，8583，主板产业股）手中收购两块柔佛土地，计划兴建商业产业。

这两块土地面积，分别为约2亿836.30平方米的商业永久土地，及17.90英亩的农业永久土地。

行家建议

鉴于收购时间漫长，我们中和看待这项最新收购，因为我们预计该公司会在2020财年才开始发展，届时开始贡献。

除非金轮企业决定早日结束，否则我们预计这项交易会在2020年末季才会完成。

土地评估对发展总值比例为10-15%，我们预计这两块土地的潜在发展总值，介于2亿4000万至3亿6000万令吉的范围。

而该公司的净负债水平，将从截至第三季的0.06倍，增至0.12倍，仍处于可管理水平。

因此，我们认为，该公司未来会继续在柔佛增加地库，目前，该公司未完成建筑订单企于约21亿令吉，未完成制造订单为3.5亿令吉，同样足够忙碌2年。

年初迄今，金轮企业共赢得9亿4000万令吉建筑合约，占我们2017财年新增订单的94%，而我们预计，受到主要项目如泛婆罗洲工程，未来建筑营业额将重拾增长步伐。



【e南洋】