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tanah emas corp bhd (TANM) Details

Golden Land Berhad, an investment holding company, engages in the cultivation of oil palm; and processing of crude palm oil and palm kernel in Malaysia. It operates through Plantation and Mill, and Others segments. The company is also involved in the property holding and development activities, as well as undertakes general construction, civil, and engineering works. It owns approximately 9,414 hectares of oil palm plantation land bank; and operates a palm oil mill at Labuk Sugut district in Sabah. The company was formerly known as Tanah Emas Corporation Berhad and changed its name to Golden Land Berhad in 2009. Golden Land Berhad was incorporated in 1994 and is headquartered in Sandakan, Malaysia.

Founded in 1994

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tanah emas corp bhd (TANM) Key Developments

Golden Land Berhad Announces Production Results for the Month of December 2014

Golden Land Berhad announced production results for the month of December 2014. For the month, the company reported fresh fruit bunches of 11,845 metric tonns, crude palm oil of 4,568 metric tonns, and palm kernels of 991 metric tonns.

Golden Land Berhad Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2014

Golden Land Berhad reported consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported revenues of MYR 42,379,000 against MYR 43,993,000 a year ago. Profit from operations was MYR 8,043,000 against MYR 5,573,000 a year ago. Profit before tax was MYR 3,789,000 against MYR 1,742,000 a year ago. Profit attributable to owners of the company was MYR 2,629,000 or 1.22 sen basic and diluted per share against MYR 936,000 or 0.43 sen basic and diluted per share a year ago. Net cash used in operating activities was MYR 1,228,000 against MYR 3,973,000 a year ago. Purchase of non-current assets was MYR 2,673,000 against MYR 1,776,000 a year ago.

Golden Land Berhad Announces Final Dividend for the Year Ended June 30, 2014, Payable on December 19, 2014

Golden Land Berhad announced final and single tier dividend of MYR 0.01 per share for the year ended June 30, 2014, payable on December 19, 2014. Ex-date is December 03, 2014. Entitlement date is December 05, 2014.


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Price/Sales 1.1x
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