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October 05, 2015 6:28 AM ET

Real Estate Management and Development

Company Overview of JKG Land Berhad

Company Overview

JKG Land Berhad, an investment holding company, develops properties in Malaysia. It operates through Property Development and Cultivation of Oil Palm segments. The company primarily develops low and medium cost residential projects, commercial offices, and light industrial factory buildings for small and medium scale industries. It is also involved in the cultivation and sale of oil palm fruits; and property investment activities. The company was formerly known as Keladi Maju Berhad and changed its name to JKG Land Berhad in June 2015. JKG Land Berhad is based in Sungai Petani, Malaysia.

No. 11-A, Wisma Keladi

Level 7

Jalan Bank

Sungai Petani,  08000


Key Executives for JKG Land Berhad

JKG Land Berhad does not have any Key Executives recorded.

JKG Land Berhad Key Developments

JKG Land Appoints Ismail Bin Hamzah as Independent Director

JKG Land has appointed Ismail Bin Hamzah as Independent Director. The effective date is October 1, 2015.

Keladi Maju Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 31, 2015

Keladi Maju Berhad announced unaudited consolidated earnings results for the second quarter and six months ended July 31, 2015. For the quarter, the company's revenue was MYR 4.5 million compared with MYR 14.6 million a year ago. Operating profit was MYR 0.88 million compared with MYR 7.2 million a year ago. Profit before tax was MYR 0.83 million compared with MYR 7.1 million a year ago. The increase in revenue and PBT for the six months cumulative period ended 31 July 2015 as well as the drop in revenue and PBT for the current quarter ended 31 July 2015 was mainly due to fluctuation of revenue contribution from property development. Profit and total comprehensive income for the period attributable to owners of the company was MYR 0.44 million or 0.06 sen per basic and diluted share compared with MYR 5.2 million or 0.68 sen per basic and diluted share a year ago. Net cash generated from operating activities was MYR 5.3 million compared with net cash used in operating activities of MYR 11.6 million a year ago. Additions to property, plant and equipment was MYR 2.7 million compared with MYR 2.7 million a year ago. Additions to land held for property development was MYR 179.99 million compared with MYR 0.03 million a year ago.

Keladi Maju Bhd Announces Redesignation of Dato' IR Chuah Chin Ah from Managing Director to Executive Deputy Chairman

Keladi Maju Bhd announced redesignation of Dato' IR Chuah Chin Ah from Managing Director to Executive Deputy Chairman. Date of change was July 1, 2015.

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