Kee Hooi Goay's comment on MEDIAC. All Comments

Kee Hooi Goay
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a year that no dividend!
Larry Lim
Bcos they made a RM 65M loss for FY26. But at 7.5c, the market cap is half it's net cash alone. Their properties have not been revalued for a long time, e.g. the Canadian property had a book value of $1.1M but was sold for $9.9M. They will book a RM 25M pre-tax gain on the sale of the Canadian property in Q1 or Q2 FY27 - will there be a special dividend? 3 mths after Tan Sri died, his children shut down Canadian ops and monetized the asset - more to come?
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