Monday, March 22, 2010

Run Keck Seng Run

Bursa Malaysia listed Keck Seng, whose core businesses include managing oil palm plantations and property development, has been surging of late. Market watchers are anticipating the conglomerate to dole out more dividends soon. At end 2009, the firm had cash of RM332.6 million and is debt-free. It reportedly also has high unutilised tax credit of RM427.6 million to be franked as dividends before end-2013.



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