For KSL Holdings Bhd, where Johor has always been its playground, the secret to its well-run business is in knowing what the locals want and sticking to areas its knows how to extract the best returns from. Ku admits that the group has not rewarded its shareholders although prior to , the group had consistently distributed dividends. As the area was still an undeveloped jungle, Temenggong encouraged the migration of Chinese and Javanese to clear the land and to develop an agricultural economy in Johor. Saturday August 16, MYT The source adds that KSL would appear to be a good alternative to UEM Sunrise Bhd, especially for investors who want exposure in the Johor property market but believe that the principal developer of Iskandar Malaysia is already overexposed among investors. Contradictorily, the group has not been generous on its dividend payout in the past three years. Revenue more than doubled to RM Its revenue for the year was RM To reflect that, KSL has shown a strong set of financial figures in the past three years as its projects in Johor Bahru and Klang took off.
To date, the group has an unbilled sales of just over RM1bil. The group also has rental income from two properties leased to grocery chain, Giant in Muar and Nusa Bestari. Contradictorily, the group has not been generous on its dividend payout in the past three years. For , its first quarter ended March 31 continued its upward momentum, recording RM The executive chairman says he intends to bring up a dividend reinvestment plan in the next board meeting, taking heed from a suggestion given by a shareholder in its annual general meeting in June. Riau-Lingga Sultanate With the establishment of a new capital in mainland Johor, the administration centre was moved from Telok Blangah in Singapore. KSL has a market capitalisation of RM1. Saturday August 16, MYT Executive chairman Ku Hwa Seng believed that the second quarter results would be good as well, and the outlook for the second half of the year positive. The military organisation demanded the sultan to give their power in a manner reminiscent of the way the Tokugawa shogunate surrender their power to the Japanese emperor in The pro-British side are divided between the Malayan Democratic Union MDU which are dominated by English-speaking Chinese and Eurasians who co-operate with left-wing Malay nationalists "for an independent Malaya that would also include Singapore" and another pro-British side comprising the Babas under the Straits Chinese British Association SCBA who trying to retain their status and privileges granted earlier by the British since the Straits Settlements era for being loyal to the latter by which they are seeking to remain under the British administration. Of that, RMmil was from rental while RMmil came from property sales. Linehan right , C. Saturday August 16, MYT 7: On 8 February, the Japanese began to bombard the northwestern coastline of Singapore which was followed-up by the crossing of the IJA 5th and 18th Divisions with around 13, troops through the Straits of Johor. Since his reign, Johor began to be modernised and this was continued by his son, Abu Bakar. It closed eight sen higher at RM3. Providing that significant boost to the numbers was also its rental income from its KSL City integrated development just 10 minutes away from the Johor Bahru Customs, Immigration and Quarantine Complex. In the five weeks before the British resume control over Malaya following the Japanese surrender on 16 August , the MPAJA emerges as the de facto authority in the Malayan territory. The source adds that KSL would appear to be a good alternative to UEM Sunrise Bhd, especially for investors who want exposure in the Johor property market but believe that the principal developer of Iskandar Malaysia is already overexposed among investors. Since the s, Japanese planters had involved in numerous estates and mining mineral resources in Johor resulted from the Anglo-Japanese Alliance between the British and Japanese. As the area was still an undeveloped jungle, Temenggong encouraged the migration of Chinese and Javanese to clear the land and to develop an agricultural economy in Johor. To reflect that, KSL has shown a strong set of financial figures in the past three years as its projects in Johor Bahru and Klang took off. For KSL Holdings Bhd, where Johor has always been its playground, the secret to its well-run business is in knowing what the locals want and sticking to areas its knows how to extract the best returns from. A source says that funds have been taking note of the undervalued counter; among those who were said to be interested were Permodalan Nasional Bhd, Pelaburan Mara Bhd and some insurance firms. A banker familiar with property deals highlights that the Johor property market is very sentiment-driven. Its revenue for the year was RM
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