In 1967, Sharikat Kim Loong Sendirian Berhad was established and began its oil palm plantation operations on a land measuring 1,000 acres in Ulu Tiram, Johor. After nearly 1½ decade later, the company ventured into Sabah and, as a result, expanded quickly in the 1980s and 1990s.
Subsequently, it set up Kim Loong Resources Bhd (Kim Loong), placed all of its plantation assets under the new entity and has listed in on Bursa Malaysia in 2000. Since then, it had enlarged its existing operations in both Johor and Sabah and also ventured in Sarawak. As I write, Kim Loong is worth RM 1.22 billion in market capitalization.
Here, I’ll list down 9 quick things you need to know about Kim Loong before you invest.
#1: Stock Symbol
Ticker Symbol: KLSE: KMLOONG / KLSE: 5027
Market Capitalization: RM 1.22 Billion (1 June 2018)
Share Price: RM 1.30 (1 …