OTHERSKLUANG RUBBER COMPANY (MALAYA) BERHAD
PROPOSED EXEMPTION UNDER SUBPARAGRAPH 4.08(1)(A) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS
Top 10 Highest Net Cash per Market Cap Companies.
In times of economic uncertainty, a company's cash reserves become ever more vital. Nevertheless, simply having large cash reserves doesn't always equate to financial strength. Today, we screened for 10 stocks ranked solely by their net cash divided by market cap, with market cap of at least RM 230mil. A percentage of more than 100% implies the company has more net cash than their market cap.
Did any of your favourite companies make it into the list? It's important to remember that a cash balance surpassing market cap doesn't necessarily signify a bargain, and Stockbitors should remember to do their due diligence in evaluating the company from multiple angles before making any decisions.
How would you improve this screener? Let’s discuss more in the comment section below!
$STAR / 6084 (STAR MEDIA GROUP BERHAD) $DUTALND / 3948 (DUTALAND BERHAD) $INSAS / 3379 (INSAS BERHAD) $MAYBULK / 5077 (MALAYSIAN BULK CARRIERS BERHAD) $KLUANG / 2453 (KLUANG RUBBER COMPANY (MALAYA) BERHAD)
$SBAGAN / 2569 (SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD)
$KUCHAI / 2186 (KUCHAI DEVELOPMENT BERHAD)
$KLUANG / 2453 (KLUANG RUBBER COMPANY (MALAYA) BERHAD)
OTHERSKLUANG RUBBER COMPANY (MALAYA) BERHAD ("Kluang Rubber" or "the Company")
(a) Proposed Single Tier First and Final Dividend of 1 sen per ordinary share
(b) Proposed Single Tier Bonus Dividend of 1.7 sen per ordinary share
Top 10 Highest Net Cash per Market Cap Companies
For all Stockbitors who love net cash companies, check out today's list of the Top 10 Highest Net Cash Companies on Bursa Malaysia!
With soaring interest rates, their cash advantage puts them ahead of the game, paving the way for growth and success.
These 10 stocks are ranked solely based on their net cash position, which is calculated as Total Cash minus Total Debt divided by the Outstanding Shares. Is your favorite company on the list?
Know other interesting filters to improve this screener? Let’s discuss more together in the comment section below! :D
$TRC / 5054 (TRC SYNERGY BERHAD) $DUTALND / 3948 (DUTALAND BERHAD) $KLUANG / 2453 (KLUANG RUBBER COMPANY (MALAYA) BERHAD) $STAR / 6084 (STAR MEDIA GROUP BERHAD) $KUB / 6874 (KUB MALAYSIA BERHAD)