Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Malaysia
  4. BURSA MALAYSIA
  5. Mentiga Corporation Berhad
  6. News
  7. Summary
    MENTIGA   MYL5223OO002

MENTIGA CORPORATION BERHAD

(MENTIGA)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Dimensi Mutiara Sdn Bhd agreed to acquire Agricultural Land located in Mukim Ulu Lepar, Malaysia for MYR18.6 million

08/20/2021 EDT

Dimensi Mutiara Sdn Bhd agreed to acquire Agricultural Land located in Mukim Ulu Lepar, Malaysia for MYR18.6 million on August 20, 2021. The Purchase Price shall be settled in the following manner: (i) MYR 371,200 only paid by the Dimensi Mutiara to the Mentiga Corporation prior to the execution of agreement. (ii) MYR 1.4848 million will be paid simultaneously with the execution of agreement. (iii) MYR 0.5568 million will be paid with in thirty days. (iv) MYR 16.1472 million will be paid with in 120 days. The transaction has been approved by the board of the Mentiga Corporation Berhad. The Proposed Disposal is subject to the consents of: (i) The State Authority for the transfer of land from MCB to DMSB; (ii) The Estate Land Board pursuant to Section 214A National Land Code 1965 for the transfer of the Land to DMSB; and (iii) or any regulatory authorities. The transaction is expected to close in first quarter of 2022. The proceeds arising from the Proposed Disposal shall be utilised as follows: Repayment outstanding to creditors and suppliers, Working capital for the Group, Part of the proceeds for working capital will be utilised to complete the development of estate and complex at Ulu Lepar Estate and redemption of loan and Estimated expenses for the proposed disposal.


© S&P Capital IQ 2021
All news about MENTIGA CORPORATION BERHAD
09/16MENTIGA BERHAD : Narrows Loss in Q2
MT
08/20Dimensi Mutiara Sdn Bhd agreed to acquire Agricultural Land located in Mukim Ulu Lepar,..
CI
07/30Mentiga Corporation Berhad Appoints Dato' Hamdan Bin Salim as Chief Operating Officer, ..
CI
05/28Mentiga Corporation Berhad Reports Earnings Results for the First Quarter Ended March 3..
CI
03/16Mentiga Corporation Berhad Reports Earnings Results for the Fourth Quarter Ended Decemb..
CI
2020Mentiga Corporation Berhad Reports Earnings Results for the Third Quarter Ended Septemb..
CI
2020Mentiga Corporation Berhad Reports Earnings Results for the Second Quarter Ended June 3..
CI
2020Mentiga Corporation Berhad Reports Earnings Results for the First Quarter Ended March 3..
CI
2020Mentiga Corporation Berhad Reports Earnings Results for the Fourth Quarter Ended Decemb..
CI
2019Mentiga Corporation Berhad Reports Earnings Results for the Third Quarter Ended Septemb..
CI
More news
Financials
Sales 2020 14,9 M 3,58 M 3,58 M
Net income 2020 0,84 M 0,20 M 0,20 M
Net Debt 2020 24,6 M 5,90 M 5,90 M
P/E ratio 2020 51,4x
Yield 2020 -
Capitalization 49,5 M 11,9 M 11,9 M
EV / Sales 2019 3,78x
EV / Sales 2020 4,53x
Nbr of Employees -
Free-Float 11,6%
Chart MENTIGA CORPORATION BERHAD
Duration : Period :
Mentiga Corporation Berhad Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Yaacob bin Sarani Managing Director & Director
Norazali Mohammed Ali Head-Finance
Adnan bin Yaakob Non-Executive Chairman
Hazli bin Ibrahim Independent Non-Executive Director
Bahudin bin Mansor Senior Independent Non-Executive Director
Sector and Competitors