MKLAND (8893)
Properties
Current Price = 0.34
Support = 0.325 / 0.315
Target = 0.355 / 0.37 / 0.39
Background
M K Land, made its debut on the main board of the Kuala Lumpur Stock
Exchange (KLSE) on 27 August 1999 with three (3) major projects injected
from EMKAY, namely Damansara Damai, Taman Bunga Raya and Bukit Merah
Laketown Resort. Subsequently on 26 June 2002, six (6) more major
projects were injected into MK Land?s portfolio from the EMKAY Group.
With this second injection, MK Land has a total of nine (9) projects
covering the States of Selangor, Perak and Kedah. Today, M K Land is
firmly entrenched in the property development industry of being one of
the largest public listed property companies with a paid up capital of
RM 1.174 billion.