February 23, 2010

KL Kepong advances ahead of 30c dividend going ex

KUALA LUMPUR: Shares of KUALA LUMPUR KEPONG BHD [] (KLK) rose in late morning trade on Monday, Feb 22 in tandem with the positive market and also ahead of its dividend going ex on Tuesday.

At 11.09am, KLK is up six sen to RM16.82 with 135,000 shares done.

Its final single tier dividend of 30 sen goes ex on Tuesday and the payment date is March 17. It posted net profit of RM243.73 million in the fourth quarter ended Sept 30, 2009 versus RM267.50 million a year ago.

Meanwhile, its first quarter results for October to December 2009 is scheduled for release on Wednesday, the company said

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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