Kim Teck Cheong to transfer to Bursa Msia Main Market June 15

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.kimteckcheong to transfer to BursaMalaysia Main Market June 15

In an earlier bourse filing on May 31, the group shared that Bursa Malaysia has approved the transfer of KTC’s entire issued share capital to the Main Market under the Consumer Products and Services sector.“Thank you to all our shareholders for trusting in us, and at the same time, support KTC’s progress,” said its executive director Datuk Dexter Lau, who is currently in Beijing when contacted today . Lau is in the midst of bringing back the latest technology to upgrade KTC’s operation.

86 million ordinary shares, according to the group’s filing on Oct 28, 2022.KTC was listed on the ACE Market in 2015, and booked a revenue and net profit of RM341.2 million and RM2 million respectively for its financial year that ended June 30, 2016 . Its revenue and net profit grew to RM705.8 million and RM22.1 million in FY2022, giving respectable growth rates of 106.9% and 1,005% respectively.

 

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