Mct Berhad

Small Cap Value Stock Pick Edition 2025

Amidst ongoing market turbulence and heightened volatility, small-cap counters with strong fundamentals and forward-looking strategies continue to draw investor attention. In this landscape, three Bursa-listed names; Oppstar Berhad, Avaland Berhad, and Kucingko Berhad, have emerged as compelling value picks for 2025.

Oppstar Berhad: Positioning for Long-Term Design Demand

Oppstar Berhad operates within the semiconductor space, specializing in integrated circuit (IC) design services. Its core business spans front-end to back-end IC design, serving clients globally from Malaysia, with a focus on R&D-driven innovation.

Despite industry-wide softness, the company achieved a cumulative revenue of RM57.7 million for the nine months ended 31 December 2024, a healthy increase from RM44.9 million in the previous year. However, profitability was impacted by higher cost of sales and impairment charges, leading to a net loss of RM5.0 million compared to a RM14.0 million profit a year earlier​. The company remains well-capitalised, with RM78.4 million in cash and minimal debt, offering long-term resilience and growth potential​.

Avaland Berhad: Property Development with Positive Trajectory

Avaland Berhad, a subsidiary of AyalaLand, focuses on residential and mixed-use developments in Malaysia. Its business model emphasizes value-oriented projects that appeal to the mid-market and affluent segment, with strong branding and delivery track records.

In FY2024, Avaland posted a record revenue of RM893.6 million, up 47% from RM607.1 million in FY2023. Net profit also surged 50% year-on-year to RM98.9 million​. Backed by robust sales from its flagship developments and a healthy balance sheet, Avaland’s fundamentals reflect disciplined execution and strong buyer interest in a recovering property sector.

Kucingko Berhad: Yield and Growth in Animation

Kucingko Berhad is a pure-play digital content creator specializing in 2D animation for global clients across North America, Europe, and Asia-Pacific. While detailed financials were not released, the stock currently offers a dividend yield of 5.86%, making it attractive from a value-income perspective. Looking ahead, the company is expected to stage a recovery in 2H 2025 as international project pipelines resume post-studio bottlenecks. More notably, Kucingko is expanding into the high-growth 3D animation space, positioning itself to capture new demand in digital entertainment and streaming content.

$KUCINGKO / 0315 (KUCINGKO BERHAD)
$MCT / 5182 (MCT BERHAD)
$OPPSTAR / 0275 (OPPSTAR BERHAD)

Change in Nomination and Remuneration Committee - MR NG GAN HOOI

Change in Audit Committee - MR NG GAN HOOI

Change in Boardroom - MR NG GAN HOOI

Change in Boardroom - MISS ANNA MARIA MARGARITA BAUTISTA DY

Change in Nomination and Remuneration Committee - MISS ANNA MARIA MARGARITA BAUTISTA DY

Change in Boardroom - MR TEH HENG CHONG

Change in Nomination and Remuneration Committee - MR BERNARD VINCENT OLMEDO DY

Change in Boardroom - MR BERNARD VINCENT OLMEDO DY

OTHERSAVALAND BERHAD (FORMERLY KNOWN AS MCT BERHAD) ("AVALAND" OR "COMPANY")

ESTABLISHMENT OF ISLAMIC MEDIUM TERM NOTES (SUKUK MURABAHAH) PROGRAMME OF RM1.0 BILLION IN NOMINAL VALUE BASED ON THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT) (SUKUK MURABAHAH PROGRAMME)

Change in Audit Committee - MR LAO CHOK KEANG

Change in Boardroom - MR LAO CHOK KEANG

Change in Nomination and Remuneration Committee - MR LAO CHOK KEANG

General Meetings: Outcome of Meeting

Quarterly rpt on consolidated results for the financial period ended 31/03/2024

Annual Report & CG Report - 2023

Quarterly rpt on consolidated results for the financial period ended 31/12/2023

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONSAVALAND BERHAD (FORMERLY KNOWN AS MCT BERHAD) ("AVALAND" OR "THE COMPANY")
- RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT")

Change in Boardroom - MR TEH HENG CHONG

OTHERSAVALAND BERHAD ("AVALAND" OR "COMPANY")
PRESS RELEASE ENTITLED "AVALAND APPOINTS APOLLO BELLO TANCO AS CEO TO SUCCEED TEH HENG CHONG"

Change in Boardroom - MR APOLLO BELLO TANCO

Change in Principal Officer - MR TEH HENG CHONG

Change in Principal Officer - MR APOLLO BELLO TANCO

Quarterly rpt on consolidated results for the financial period ended 30/09/2023

Change in Principal Officer - MISS LEONG LEE CHUIN, SHIRLEY

Change in Principal Officer - MISS SUSAN JACOB SECRETO

$MCT / 5182 (MCT BERHAD)

OTHERSPRESS RELEASE
AVALAND 2Q2023 REVENUE OF RM113.8 MILLION HIGHEST SINCE 4Q2020

Quarterly rpt on consolidated results for the financial period ended 30/06/2023

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSPROPOSED ACQUISITION BY ARDENT RESIDENCE SDN. BHD. (ARSB OR PURCHASER), A WHOLLY-OWNED SUBSIDIARY OF MCT CONSORTIUM BHD. (MCTCB), WHICH IS A WHOLLY-OWNED SUBSIDIARY OF MCT, OF A PARCEL OF FREEHOLD RESIDENTIAL DEVELOPMENT LAND MEASURING APPROXIMATELY 1.57 ACRES AT BANDAR KUALA LUMPUR (LAND) FROM HPC DEVELOPMENT SDN. BHD. (HPC OR VENDOR) FOR A TOTAL CASH CONSIDERATION OF RM58.0 MILLION