15
A full house! All seated and ready for the event to begin delivering his opening speech A jovial man, Tan PLAN what you want to eat next, DO it by reaching out for the food of your choice, CHECK on which is the best of the chicken to have, and ACT upon it by strategizing how you Indeed, we always know the best way to get our favourite food ;) P.D.C.A. is a great guideline to follow when planning an action let us always remember these helpful tips in everything we do! Jamuan Hari Raya 2016 28 July 2016 A round of applause for our HR & Admin department for Jamuan Hari Raya at Prescott Metro Inn. Pn. Noorul Asyikin was the master of ceremony for the afternoon, and she welcomed and thanked En. Azman was invited to lead the prayer recitation ceremony before the feast. Executive Chairman Ta Chen always made it a point to share good advice at every MKH Family gathering. In his opening speech this year, he shared with us on the importance of constantly maintaining and improving our performance despite challenging times in 2016. HOW DO WE ACCOMPLISH THAT? REMEMBER P.D.C.A! PLAN To plan & define what you want to improve, change or realize. DO To do or implement the process of change, improvement and realization. CHECK To check and study the progress and impact of the changes, improvement and/or realization efforts made. ACT To act on your findings by making adjustments (if any) that are appropriate to the situation. In situations of where no readjustments are required, to preserve the current situation as it is, and ensuring that it runs successfully. Contents Jamuan Hari Raya 2016 1 Bowling Tournament 2016 3 M.G.S in Action! 4 Project Launches 6 Top QLASSIC Scorer PS2 8 MKH Boulevard Completed! Introducing PT MKH 9 Listening To Our Bodies 10 Sharing is Caring: 11 Words that Transform Your Life BeatStop 12 The Law of the Garbage Truck News Highlights 14 Quotes & Editorial Team 15 MKH Berhad Internal Newsletter Vol. 09/16 01 MKH Berhad Internal Newsletter Vol. 09/16

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Page 1: Jamuan Hari Raya 2016 - MKH Berhadmkhberhad.com/wp-content/uploads/2017/05/BEATS-9.pdfJamuan Hari Raya 2016 A round of applause for our HR & Admin department for Jamuan Hari Raya at

A full house! All seated and ready for the event to begin delivering his opening speech

A jovial man, Tan

PLAN what you want to eat next, DO it by reaching out for the food of

your choice, CHECK on which is the best of the chicken to have, and ACT upon it by strategizing how you

Indeed, we always know the best way to get our favourite food ;) P.D.C.A. is a great guideline to follow

when planning an action let us always remember these helpful tips in everything we do!

Jamuan Hari Raya 2016

28 July 2016 A round of applause for our HR & Admin department

for Jamuan Hari Raya at Prescott Metro Inn.

Pn. Noorul Asyikin was the master of

ceremony for the afternoon, and she welcomed and thanked

En. Azman was invited to lead the prayer recitation ceremony before

the feast.

Executive Chairman Ta Chen always made it a point to

share good advice at every MKH Family gathering. In his opening

speech this year, he shared with us on the importance of constantly

maintaining and improving our performance despite challenging

times in 2016.

HOW DO WE ACCOMPLISH THAT? REMEMBER P.D.C.A!

PLAN To plan & define what you want to improve, change or

realize.

DO To do or implement the process of change,

improvement and realization.

CHECK To check and study the progress and impact of the

changes, improvement and/or realization efforts made.

ACT To act on your findings by making adjustments (if any)

that are appropriate to the situation. In situations of where no

readjustments are required, to preserve the current situation

as it is, and ensuring that it runs successfully.

Contents

Jamuan Hari Raya 2016 1

Bowling Tournament 2016 3

M.G.S in Action! 4

Project Launches 6

Top QLASSIC Scorer PS2 8

MKH Boulevard Completed!

Introducing PT MKH 9

Listening To Our Bodies 10

Sharing is Caring: 11

Words that Transform Your Life

BeatStop 12

The Law of the Garbage Truck

News Highlights 14

Quotes & Editorial Team 15

MKH Berhad Internal Newsletter Vol. 09/16

01 MKH Berhad Internal Newsletter Vol. 09/16

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Everyone queuing up to get a plate The many dishes prepared for the buffet-style lunch

MKH Family & friends enjoying lunch together Smile for the camera!

Group photo, everyone! Donned on traditional green for theme of Raya

Jamuan Hari Raya 2016

www.mkhberhad.com Page 02

Thank you HR & Admin Department team for

organizing this luncheon!

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MKH Bowling Tournament 2016

28 May 2016 Striiiiiiike!

It was a wonderful Saturday morning where

everyone players, family and friends gathered

at the Ampang Superbowl, Metro Point Complex

Kajang for a fun tournament. Organized by Ms.

Evonne (HR & Admin), En. Zulkiflie (Corporate

Comm.) & Pn. Natrah (Property Development 2),

the tournament was initiated by Managing Director

Tan Sri Datuk Eddy Chen, together with Deputy

The tournament consists of three rounds for each

team, and points are accumulated till the end of

the third game. Spirits were high as everyone tried

their best to avoid the gutters, and shared

excitement for when they striked or spared.

Experienced players showed off their skills as they

wowed everyone with their powerful throws which

built up the fun yet competitive atmosphere.

At noon, the game was paused for a hearty lunch

prepared by Burger King. By this time, most of the

teams were well into their second game, and were

unexpectedly eager to continue! Who knew team

bowling can be so much fun!

The games ended around 2pm, and while waiting

for the results to tally, some players shared their

proud as well as funny moments during the games

while others went to check out the prizes at the

announcement corner. En. Zulkiflie was the emcee

for the day, who announced the top 3 teams and

best players. Property Director Chong Yong Han

was invited to be the prize-giver, who gave each

winners their respective trophies.

It was indeed a great day spent with one another.

Everyone gave their best and it is the memories of

have a good time that stays with us forever.

Congratulations to the top scorers, and thank you

everyone for your participation!

better next time!

TOP TEAM SCORERS

TEAM 5 Go Strike! (447 points)

Stephen Teng Boon Kiat (MVP)

Noorul Asyikin binti Baharudin (MVP)

Emily Lee Ying Ying

Bahari bin Bachok

TEAM 3 Lucky Strike (430 points)

Ong Wei Keat

Yap Pui Mun

William Chen Way Liang

Ho Hun Chang

TEAM 7 True Colours (426 points)

Cheng Yew Ong

Ezatul Shahreen

Mohd Asyraf bin Selammat

Nurfarahin binti Mohd Johan

www.mkhberhad.com Page 03

Tan Sri Datuk Eddy Chen initiating the tournament

READY FOR THE TOURNMENT!

Best Male and Female Bowlers - Mr. Stephen Teng

& Ms. Noorul Asyikin!

Congratulations to our Top 3 teams!

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MKH Green Squad in Action!

A cheerful visit to Pusat Jagaan Nur Hasanah

13 August 2016 20 of us went and visited Pusat

Jagaan Nur Hasanah on a sunny Saturday morning, with

The elderlies were very happy to see us, and the

caretakers En. Khairul and Pn. Mila gave us a warm

welcome to the home.

After a short introduction speech on the history of Pusat

Jagaan Nur Hasanah by En. Khairul, some of the old

folks were invited to the front to show us their singing

talent. We had amazing performances by Pakcik Gopal

and Pakcik Lin who sang with their heart and soul

beautiful Malay ballads .

A group photo with all the elderly & MKH volunteers

Around 11am, volunteers were divided into 2 groups and took turns with playing interactive activities

Kotak Beracun up the home. By noon, hot lunch was served, followed by a

joyful dance session where all volunteers, old folks and caretakers participated in.

The visit ended shortly after 2pm, and we left with heartfelt and bittersweet goodbyes.

Located in Beranang, Pusat Jagaan Nur Hasanah is home to 17 Malaysian elderlies to date, who hailed from

various places such as Kuantan, Termeluh and Terengganu. Established in 2006, it used to be home to only

female occupants, but over the years, the house only accepts male elderlies who are without family, left

behind or chose to join them by their freewill. They shared with us interesting stories of their younger days

such as where they have worked and places

spirits are still and forever young as they do their best to keep up with the constantly-changing times all

having their views towards current events such as the recently ended Olympics through helpful source of

the Internet.

En. Zulkiflie, En. Fhared & Pn. Ira leading the mini

dance session after lunch

Lunchtime!

Pn. Ira & Pn. Sera cleaning the female surau Kotak Beracun

www.mkhberhad.com Page 04

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www.mkhberhad.com Page 05

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A group photo in front of Mydin Mall, Semenyih

after pre-Hari Raya shopping

MKH Green Squad in Action!

TRIP TO PETROSAINS

4 June 2016 An educational trip this time round, we

brought 30 children from Rumah Keluarga Kami to

Petrosains, KLCC for a day of interactive learning fun.

The children were led by respective MKH volunteers

as they made their way around the many exhibitions

and enjoy the sights.

By noon, we make our way back to Kajang for lunch

at HOMST, Prima Saujana. En. Bahrain, the manager

was very hospitable to us; being able to cater to our

needs for a well-arranged lunch session at the

restaurant. A surprise birthday celebration was also

held for young Mr. Sathisvaran who turned 14 years

old in the same week.

26 June 2016 In conjunction with Bulan Ramadhan,

MKH Green Squad volunteers spent a Sunday with 27

children from Rumah Bakti Al Kausar by bringing

them for a pre-Hari Raya shopping spree at Mydin

Mall, Sememyih.

Each of the children were allowed to choose their

outfits for the upcoming festivity, which consists of

their preferred attires and matching accessories.

Following that, we went back to the house in time to

prepare for the closing of fasting for the day. After

Maghrib prayers, everyone enjoyed a hearty meal of

nasi briyani, rendang kambing, vegetables and fruits

prepared by Shokri Catering.

MOVIE DAY OUT

30 April 2016 Our first community event held this

year, we spent a day with 45 children from Rumah

Kebajikan Nurain, Rumah Perlindungan Persatuan

Kebajikan Islam Peribadi Mulia and Rumah Anak-anak

Yatim Darul Izzah by bringing them to a movie premier

screening of Captain America: Civil War at IOI City Mall,

Putrajaya.

Everyone received masks of their preferred hero either

Captain America or Ironman to show their support in

the 2-hour long movie. After it ended, everyone was

ushered to Wondermilk for an enjoyable lunch of

spaghetti and cupcakes. A group photo with all the children and volunteers

outside WonderMilk, IOI City Mall

Group photo taken outside Petrosains

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PanaHome-MKH JV Project Launches

MAPLE @ HILLPARK SHAH ALAM NORTH

The last residential phase by the lake is finally launched in our 556-acre township Maple @ Hillpark Shah

Alam North!

Type: 2-storey garden homes Built-up:

Contact: 03-3393 7577 Website: www.hillparkshahalamnorth.com

019-335 3177

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Features

Each unit has built-ins of:-

o PURETECH Air Ventilation System (which is proven to remove 95% of pollutants and provide

100% air circulation every 2 hours)

o 2 units of Panasonic Air-conditioner

o

-

o Japanese Precast Construction method for high quality and faster completion time

o Stylish Interior Designs that maximizes space and emphasizes on functionality

o Effective ventilation for pleasant & healthy living perfect for growing families

Our maiden project in Puchong, offering luxury lakeside living with commercial conveniences situated

right below.

Type: High-rise serviced apartments & retail Built-up: 600 - 2,317 sq. ft.

Contact: 03-7981 0901 Website: www.mkhberhad.com

012-338 1863

Artist Impression

Puchong

Artist Impression Enjoy luxury lakeside living with

stunning views from the top

Artist impression of Maple lakeside homes Artist Impression Aerial view of the entire Maple @

Hillpark Shah Alam North

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IN JULY: Hillpark Residence

Located in Semenyih, this 26-storey high-rise development is equipped with exclusive residents-only

facilities an alternative lifestyle choice from the surrounding landed residential Hillpark Homes.

Type: High-rise serviced apartments & shop lots

Built-up: 576-1,533 sq.ft.

Contact: 03-8733 0888

012-338 1863

Website: www.mkhberhad.com

Launching of Hillpark Residence

www.mkhberhad.com Page 07

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Artist impression Daytime view of Hillpark Residence

Artist impression Stunning skylines viewable from

the top

Artist impression Pool view from above

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www.mkhberhad.com Page 08

www.mkhberhad.com Page xx

August 2016 Since its launch in 2013, MKH

Boulevard now stands as an iconic landmark in the

center of Kajang town!

Equipped with first class facilities, this skyscraper

comprises of 30 shop units situated below 308 units

of services apartments on 3.39 acre leasehold land.

Located right at the Central Business District (CBD)

of Kajang, future residents will be able to enjoy the

existing conveniences surrounding the development

with the Kajang KTM and shopping malls within

walking distances and highway connectivity via

Kajang SILK Highway, KL-Seremban Highway and

Cheras/Kajang Highway.

Facilities

Infinity pool

Wading pool

Pool deck

Kindergarten

Reading room

Function room

Gymnasium

Outdoor gym

Playground

BBQ Area

Top QLASSIC Scorer PS2 Ph2C

31 May 2016 For 3 years in a row, Pelangi Semenyih 2 (PS2) was recognized as the top Qlassic scorer at

the QLASSIC DAY 2015 organized by CIDB Malaysia.

PS2 Phase 2A was awarded top scorer in 2014, while PS2 Phase 2B in 2015. This award not only symbolizes

the

to the greater community. We are deeply humbled, and promise to continue DELIVERING VALUE to our

customers in the near future as well.

MKH Boulevard Completed!

PS2 is an award-winning township with all phases

QLASSIC-assessed with high quality

Pool side view

playground

Residential units of Pelangi Semenyih 2 Phase 2C

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www.mkhberhad.com Page 09

www.mkhberhad.com Page xx

Awarded certificate by Dinas Perkebunan dan

Kehutanan Kabupaten Kutai Kartanegara

Introducing PT MKH

31 May 2016 MKH ventured into

the palm oil industry in 2008,

operating through PT Khaleda

Agroprima Malindo, Kalimantan

Timur. With aim to ensure a

consistent image of our operations,

the thriving company has

successfully rebranded to PT Maju

Kalimantan Hadapan, also known as

PT MKH.

With the new title, we intend to

show our customers how PT MKH is

constantly progressing forward and

striving to meet demands in the

best way we can.

Awarded certificate by Kepolisian Negara

Republik Indonesia Daerah Kalimantan Timur

A courageous act

Earlier in June, we received a Certificate of Appreciation from Kepolisian Negara Republik Indonesia

Daerah Kalimantan Timur for assisting in the arrest of illegal dealers found to be distributing illegal drugs

and alcohol in our plantation estates.

Our efforts in estate management was recognized two months ago in May, by the Provincial Government of

East Kalimantan (Gubernur KALTIM) in PROPER assessment of Environmental Performance, in which we

scored in the blue category for good performance.

s Perkebunan dan Kehutanan Kabupaten Kutai Kartanegara

in January earlier this year.

A great community player

PT MKH is greatly involved in the Plasma Programme, and our efforts were recognized by Pemerintah

Kabupaten Kutai Kartanegara in 2015 for being the Best Participation of the Plasma Programme.

What is Plasma Programme?

partnerships between plantation companies and their respective surrounding communities.

This programme is mutually beneficial to both members of local communities and plantation

companies. Locals who participate will benefit socially and economically from increasing incomes

and better welfare such as training and education in palm oil cultivation, while plantation companies

are able to enjoy steady supply of fresh fruit bunches at prices set by District Regional Government.

Aerial view of PT MKH mill

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LEARNING BASIC FIRST AID

April 2016 Jointly led by a certified instructor

from Bulan Sabit Merah Malaysia and our very

own Ms. Liy Ping from HR & Admin department,

30 MKH staff spent a day learning the appropriate

ways to act in sudden emergencies. The class

conducted involves both theory and practical

sessions, with a written assessment at the end of

the day.

BLOOD DONATION DRIVE + HEALTH TALK

May 2016 In conjunction with the blood donation drive, a health talk was held in conjunction so each of

us can learn first-

health.

Sufficient rest and a nutritious diet is important for us as they are what provide our body and mind with

enough energy to run on throughout the day. Also, we should not overeat, and must try to exercise for at

least 30 minutes per day.

- JUST DO IT!

www.mkhberhad.com Page 10

www.mkhberhad.com Page xx

HEALTH SCREENING

March 2016 A company-wide health screening

was conducted for the members of MKH Family.

Upon receiving the health reports, a briefing

session was conducted whereby the speaker

shared with us the warning signals our bodies are

giving us, and what we can do to improve our

health.

Sufficient rest and a nutritious diet is important for

us as they are what provide our body and mind

with enough energy to run on throughout the day.

Listening to our bodies

Thumbs-up by En. Tarmimi during the screening session

Teaching the proper way of tying a proper arm sling

During the health talk During the blood donation drive

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Ms. Shirlene Tan from Property Strategic Planning dept. came across a wonderful article on how easy it is

to change if not, improve

DO

but

Creates a negative tone that blocks you from moving

forward. There is no action taken after that. You are

giving up without even trying.

Possible reactions

o Maybe it is better if I let it go.

o Forget it. This is not suitable for me.

o Maybe next time.

Creates a neutral tone that identifies the problems and

creates chance for progress - encourages you to find a

solution, because you should not let your fear affect

your decision.

Possible reactions

o What caused my fear? How can I solve this

problem? Ask someone for advice? Read a book?

have to complete my report today

Creates a negative tone that makes you think that the

situation is forced onto you turning a task into a

burden.

Negative reactions

o This is so difficult/boring. C

o

interesting.

WANT TO

want to complete my report today

Creates a positive tone that encourages your mind to

look forward to the task to look at the brighter side

of things, like what are you going to do after

completing the report?

Possible reactions

o So I can start on another task sooner.

o It is my last task for today, then I can take a break

Emphasize on your lack of skill/ability makes your

mind think that it is impossible for you to do

because you can always

learn a new skill.

Negative reactions

o

What happens

I

Shifts the focus to how you chose not to do

something, and not blaming it on lack of skill.

Understand that nothing is impossible for us, it is only

a matter of choice.

Possible reactions

o It will only continue to be hard if I do not try.

o I need help with this task. Who can I talk to?

to share my thoughts

Creates fear in your mind, causing you to only think

about the negative facts and not being able to move

forward.

Negative reactions

o Will they laugh at me?

o

try.

share my comments on this matter

This shows that you are acknowledging your needs

that leads to positive progress like, sharing feedback

to prevent similar mistakes in the future.

Possible reactions

o Leaving a discussion with no regrets.

o Highlighting something that other people may

have overlooked.

HELP

need your help

like

people stepping in. It is very self-discouraging.

Negative reactions

o Wow, I would have never been able to do this

without your help.

What happens wh ASSIST

assist me on this project?

This encourages your mind that you are still the key

person in this situation protects self-esteem.

Possible reactions

o I have most of the proposal prepared, I just need

a confirmation on the estimated budget.

www.mkhberhad.com Page 11

Words that can transform your life

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Coined by performance coach David J. Pollay, The Law of

nonsense change your mood.

How often do you let garbage trucks run over you? Do not

let those people ruin your day always be in control of your life

by making room for good things and letting go of the bad.

Best leaders know they have to be ready for their next

meeting.

Best sales people know they have to be ready for their next

client.

Best parents know they have to be ready to greet their kids

with hugs & kisses, no matter how many garbage trucks they

might have faced that day.

A woman was waiting

for her flight at airport.

She bought a bag of cookies, found a nice seat

at the waiting lounge and took out her book.

She started to read and suddenly noticed that a

man sitting beside her, grabbing a cookie from

her bag. She just tried to ignore this.

So she munched cookies and at the same time

watched how the shameless cookie thief was

diminishing her stocks. She thought to herself:

Take a break!

WHY IS HE TAKING

MY COOKIE???

When only one cookie was left, she looked with interest and wondered what he would do.

He smiled, took the last cookie and broke it in half.

After her flight was called, the woman gathered her baggage and headed to gate. She took her seat in the plane, and

started to look for her book, which was almost complete. As she reached her baggage, she gasped with surprise, as

there was an unopened bag of cookies. A drea If my cookie bag is here, the other one

was

She realized that she was the rude one, but it was too late to apologize.

www.mkhberhad.com Page 12

Say NO to Garbage Trucks!

Conclusion:

Successful people do not let Garbage Trucks take over their lives.

Life's too short to wake up in the morning with regrets.

Love the people who treat you right. Pray for the ones who don't.

Life is 10% what you make it and 90% how you take it!

Find out how to not become a Garbage Truck on page 13!

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www.mkhberhad.com Page 13

How to NOT become a Garbage Truck (from pg 12)

is this real justice?

It is natural for us to return what we receive it is an instinct born within us as humans. When someone

treats you well, you feel happy and will be nice to them as well. But how would you feel when someone

bullies you, uses you, or insults you? Do you return the favour by being mean to them as well, or do you

walk away?

Here are a few tips to not let our emotions control our lives:-

1. Do not react immediately - wait before you reply.

f. Do not say or do something that you may regret!

g. Take a deep breath and stay calm remind yourself that the

anger is only temporary.

2. Find a healthy outlet.

a. Never bottle up your emotions but express in a

logical way.

b.

opinions. You might learn something new!

c. Write down your feelings on paper keep a diary!

d. Discharge anger through aggressive activities such

as kickboxing or exercising.

e. Meditate to clear your troubled mind.

4. Replace negative thoughts with positivity.

a. Negativity is an endless cycle so force it out of your

mind!

b. Replace negative thoughts by thinking about the ideal

solution to the problem, and act on how you can make

it happen.

3. See the bigger picture!

a. Be wise see past that moment of anger in any

situation. Every chapter in our lives, whether good or

bad, serves a higher purpose.

5. Forgive your emotional triggers let go of what made you angry.

a. When you forgive, you let go of the harsh feelings inside of

you.

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Developers of affordable housing may ride

downturn better

Condensed from Digital Edge Daily, 11 August 2016

Biz Brief

MKH-WB proxy to Kajang play

Condensed from The Edge Malaysia, 18 July 2016

despite prevailing bearishness towards its core business

segments property and plantations.

valuation is compressed to a single-digit trailing price-

earnings ratio of just 6.4 times. AllianceDBS Research

latter implies a 29% upside potential from its RM2.48

close last Wednesday.

Aggressive investors who wish to have an alternative to

the stock with lower capital outlay can consider its

warrant, MKH-WB, which is up 31.6% this year

bouncing back from a 52-week low of 50 sen on Aug 25

last year.

price, MKH-WB will theoretically be worth RM1.31,

assuming zero premium to the mother share;

representing an even higher upside potential of 49.7%.

Whether or not the valuation will prove prescient,

earnings visibility is underpinned by its unbilled sales

value of RM827.7 million and the growing contribution

from its young palm profile with a weighted average age

of only 7 years.

In light of the slowdown in the property sector,

developers with a chunk of their sales in affordable

housing are expected to weather the storm much better

than those with high-end products, say analysts and real

estate consultants.

Among property developers listed on Bursa Malaysia

that are expected to chalk up healthy growth this year

are LBS Bina Group Bhd, MKH Bhd and Tambun Indah

Land Bhd.

MKH is touted as the biggest beneficiary of the Sg.

Buloh-Kajang MRT project as it has a foothold in the

Kajang-Semenyih corridor. Its low land cost in the

growing corridor will give it greater pricing flexibility,

thus enabling it to weather the current slowdown.

given its entrenched brand name in the Kajang-

Semenyih growth corridor and stronghold in the

affordable housing segment. This has placed the

company in an enviable position with property sales and

unbilled sales continuing to chalk up new highs.

Strong unbilled sales of RM828 million imply high

and a target price of RM3.20.

MKH told Bursa Malaysia today that its wholly-owned

subsidiary company, MKH Plantation Sdn Bhd, had today

entered into a sale and purchase agreement with

Ivakijaya Sdn Bhd (Ivakijaya) to acquire 6,975 ordinary

shares of Rp1 million (about RM306) each, equivalent to

75% equity interest in PT. Sawit Prima Sakti (PTSPS) for

a total cash consideration of RM15 million.

It is worth noting that MKH will also be undertaking

acquisition of 75% of PTSPS book debts, including 75%

n, which

portion with Hong Leong Bank Bhd.

PTSPS owns approximately 2,445.49-ha of oil palm

plantation land in East Kalimantan, Indonesia which is

strategically

15,942.6-ha oil palm plantation under PT. Maju

Kalimantan Hadapan, and it is 79% planted with oil palm

trees.

MKH said the land acquisition was to increase the

existing oil palm

plantation for potential future public listing purposes.

The group recognised that the oil palm plantation

business will provide long-term stable income for the

group.

895,000 shares traded.

the second quarter ended

March 31, 2016 rose over fivefold to RM55.38m or

13.2/share, from RM10.9m or 2.6 sen/share in the same

period a year ago mainly on better contributions from

2 divisions: property and construction, and plantation.

Quarterly revenue came in 40.3% higher at RM322.23m,

from 229.72m a year ago. No dividend was declared for

the current quarter under review, its bourse filing today

showed.

For 1HFY16, net profit rose 185% to RM116.95m and

revenue was almost 35% higher than last year at

RM437.35m. The improvement is seen in the YTD period

from the property and construction division from

ongoing development projects namely Hillpark Shah

Alam, Pelangi Heights, Kajang East, MKH Avenue, MKH

Boulevard, Saville @ Kajang, Pelangi Semenyih, Saville @

Cheras and Hillpark 3. There is also a project grant from

government amounting RM11.7m. As at March 31, locked-

in unbilled sales was at RM827.7m.

Meanwhile, its plantation division rose 3.7% in revenue

but recorded a pre-tax profit of RM36.8m as opposed

to a loss before tax of RM2.1m a year ago mainly due

to the inclusion of unrealized foreign exchange gain of

RM27m in the current YTD.

Going forward, better results are expected for financial

year ending Sept 30 2016 from the continued

recognition of profit from the locked-in sales of its

ongoing projects, and profit contribution from the

plantation as more palms are entering into maturity

stage, coupled with anticipation of an increase in crude

palm oil and palm kernel prices. MKH also targets a FFB

production of 415,000 MT for FY2016.

MKH acquires 2445-ha plantation land for RM15mil

Condensed from The Edge Markets, 10 June 2016

MKH Q2 profits surge fivefold, expects better FY2016

Condensed from The Edge Markets, 27 May 2016

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Good, better, best. Never let it rest until your

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MKH Beats Editorial Team

Editor:

Content Writing & Design:

Corporate Communications Team

Contributors:

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Agriculture Department

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