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some corporate exercise is cooking, where the main construction arm (ECSB with RTS link RM 1.47B project) will merge with Knusford. in return Ekovest will get 750M shares of Knusford. ECSB contributing > 40% of Ekovest revenue. Any one know how is the Asset & liability structure of this ECSB? If this ECSB is having huge loan, by transfering this to Knusford, definitely can reduce the finance cost of Ekovest, in turns improving the financial result of Ekovest. With PP @ RM0.435, definetly worth to put an eye at this level of price.
have invested this company since 2020, price at new high now with 10 %y-y production increment since 2020, will it able to maintain same growth rate for coming years? good dividend, RM 0.44 per share received over the year, anyhow,i will unload some to look for others