k2088 OP : Success benefits from rising ESG awareness and increasing data center demand. It is time to reflect the true intrinsic value of the company, in term of its business, net cash and lands/properties which has not been valued for many years

k2088 OP : net cash RM119 millions

k2088 OP :

k2088 OP : Outlook and Prospect
Market uncertainties are expected to persist in 2024. Our Ministry of Finance (“MoF”) estimated the 2024 Gross Domestic Product
("GDP") to be between 4.0% to 5.0% versus 3.7% in 2023. This is supported by resilient domestic expenditure and a recovery in
exports.
We remain focused on our existing product segments in transformers, lighting and related products. We expect steady growth
in demand for our products in these segments, along with business expansion in the motorcycle spare parts industry.
The significant growth in the data centers market, both in Malaysia and globally, is one of the key factors driving market
expansion. This growth helps to counterbalance the anticipated slowdown in demand from the infrastructure and construction
sectors, while boosting the demand for transformers and other electrical products. The Group is open to exploring partnership
opportunities when they arise to leverage complementary strengths for mutual growth.
LED lighting and Intelligent Light Control System (iLCS) continue to be at the forefront of our priorities for this year and the
near future. Our smart, integrated and adaptive lighting control system is designed to deliver significant savings on total
energy costs, reduce energy consumption and minimise carbon footprint. We believe this will be a great option for users,
especially companies are committed to adopting Environmental, Social and Governance (ESG) practices.
In our die-casting business, emphasis is placed on the motorcycle spare parts industry, with efforts to expand original equipment
manufacturer (OEM) partnerships and broaden our product range.
During the financial year under review, we continuously strengthen our presence locally and the Southeast Asia market. As
we move forward, we are committed to continuing our efforts to embed sustainability by optimising resource usage and
minimising our environmental impact.
We are capitalising on positive momentum and remain optimistic about the bright prospects, with the goal of achieving satisfactory results for the financial year ending 30 June 2025.

k2088 OP : LIST OF TOP 30 LARGEST SHAREHOLDERS
No. of
No. Name of Shareholders Shares %
1 Omega Attraction Sdn. Bhd. 108,012,601 45.778
2 DB (Malaysia) Nominee (Asing) Sdn. Bhd. 9,000,250 3.814
Deutsche Bank AG Singapore for Yeoman 3-Rights Value Asia Fund (PTSL)
3 Tan Chung Chiah 7,145,787 3.028
4 CGS International Nominees Malaysia (Tempatan) Sdn. Bhd. 2,788,102 1.181
Pledged Securities Account for Cheng Hee Long (Kuchai L-CL)
5 Ding Huong Kai 2,716,250 1.151
6 Cartaban Nominees (Asing) Sdn. Bhd. 2,061,920 0.873
The Bank Of New York Mellon for Acadian Emerging Markets Micro-Cap
Equity Master Fund
7 Goh Thong Beng 2,050,000 0.868
8 Affin Hwang Nominees (Asing) Sdn. Bhd. 1,750,000 0.741
DBS Vickers Secs (S) Pte Ltd for Lim Mee Hwa
9 HLB Nominees (Tempatan) Sdn. Bhd. 1,637,600 0.694
Pledged Securities Account for Tan Choon Beng
10 Tan Lee Hwa 1,560,700 0.661
11 HLB Nominees (Tempatan) Sdn. Bhd. 1,230,000 0.521
Pledged Securities Account for Wong Yee Hui
12 CIMB Group Nominees (Asing) Sdn. Bhd. 1,141,952 0.483
Exempt an for Dbs Bank Ltd (SFS)
13 Maybank Nominees (Tempatan) Sdn. Bhd. 1,069,200 0.453
Etiqa Family Takaful Berhad (Dana Ekuiti)
14 Yeoh Kim Wah 918,460 0.389
15 Alliancegroup Nominees (Tempatan) Sdn. Bhd. 840,000 0.356
Pledged Securities Account for Teoh Hui Peng (8076778)
16 Chee Sai Mun 811,870 0.344
17 Sam Tuck Wah 790,275 0.334
18 Margarte Yuen 788,225 0.334
19 Leong Wai Hong 748,000 0.317
20 Public Invest Nominees (Tempatan) Sdn. Bhd. 731,000 0.309
Pledged Securities Account for Yoong Kah Yin (C)
21 Tan Chun Yee 675,250 0.286
22 Susy Ding 650,025 0.275
23 Phillip Nominees (Tempatan) Sdn. Bhd. 625,625 0.265
Exempt an for Phillip Capital Management Sdn. Bhd.
24 Poh Chuan Swee 580,000 0.245
25 Tay Boon Pok 570,000 0.241
26 Maybank Nominees (Tempatan) Sdn. Bhd. 531,400 0.225
Etiqa Family Takaful Berhad (Syariah Seimbg)
27 Dynaquest Sdn. Bhd. 512,500 0.217
28 Lim Ka Kian 500,000 0.211
29 Maybank Nominees (Tempatan) Sdn. Bhd. 495,800 0.210
Etiqa Life Insurance Berhad (Growth)
30 Maybank Nominees (Tempatan) Sdn. Bhd. 467,000 0.197
Etiqa Family Takaful Berhad (Family)
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k2088 OP :

I Am 102927471 :

Allen Yeong : Any good news?

6 Dragon OP Allen Yeong : I'm feeling a little excited today. Let's see if tomorrow will rise higher