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    JIANKUN   MYL8923OO004

JIANKUN INTERNATIONAL BERHAD

(JIANKUN)
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Jiankun International Berhad Announces Termination of Memorandum of Understanding with Chuanplus Industries Sendirian Berhad

04/19/2021 | 09:24am EDT

Reference is made to the company’s announcements made on 23 December 2020 and 8 March 2021 in relation to the MOU entered into between the company and Chuanplus (“Announcements”). Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcements. The Board of Directors of Jiankun International Berhad announced that the company and Chuanplus Industries Sendirian Berhad had mutually agreed to terminate the MOU with effect from 19 April 2021 (“Termination”). No definitive agreement has been entered by the company with Chuanplus pursuant to the MOU.


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Financials
Sales 2020 58,7 M 14,0 M 14,0 M
Net income 2020 5,60 M 1,34 M 1,34 M
Net cash 2020 10,3 M 2,47 M 2,47 M
P/E ratio 2020 17,8x
Yield 2020 -
Capitalization 62,7 M 15,0 M 15,0 M
EV / Sales 2019 1,67x
EV / Sales 2020 1,38x
Nbr of Employees -
Free-Float 64,6%
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Managers and Directors
Silvester Das Edwin Chief Executive Officer & Executive Director
Mohamed Apandi bin Ali Non-Executive Chairman
Azmi bin Osman Independent Non-Executive Director
Saiful Nizam bin Mohd Yusoff Independent Non-Executive Director
Siang Chai Lim Deputy Executive Chairman
Sector and Competitors