
KSTAR 5172
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
0.320 | 0.255 | -0.065 | 0.360 | 0.250 |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
1,408,594 | 328 | 0.255 | 0.260 | 6,741 |
52 Weeks Range : 0.035 - 0.98
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
0.320 | 0.255 | -0.065 | 0.360 | 0.250 |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
1,408,594 | 328 | 0.255 | 0.260 | 6,741 |
The Star –
AT Systematization Bhd will partner ACE Market-listed K-Star Sports Limited to promote, market and sell its production of medical gloves in China and Taiwan. In a filing with Bursa Malaysia, K-Star noted that its extensive base and sales network in China and Taiwan as well as the availability of medical gloves by AT Systematization could form a synergy that benefit both companies. AT Systematization’s subsidiary, AT Glove, will assist K-Star in obtaining any required export or import license or other authorisation necessary for the export from Malaysia to China and Taiwan.
The Edge –
Between Nov 30 and Dec 4, notable filings at Bursa Malaysia listed companies included that share price of K-Star Sports Ltd fell 32% between Nov 30 and Dec 4, from 34 sen to 23 sen. During the period in review, First United Technology Ltd emerged as a new shareholder after acquiring 35.4 million shares, equivalent to a 7.35% stake, in a direct business transaction. First United Technology Ltd is linked to listed company NetX Holding Bhd. A sports footwear and apparel manufacturer, K-Star is hoping to diversify its revenue stream through the distribution of Covid-19 vaccines to private clinics.
The Edge –
Oriented Media Holdings Ltd emerged as a substantial shareholder in China-based sports footwear and apparel company K-Star Sports Ltd after acquiring 90 million shares or a 19.8% stake. Oriented Media is a subsidiary of Lambo Group Bhd, which runs the e-commerce platform LamboPlace. Meanwhile, Ace Credit (M) Sdn Bhd sold 107 million shares, or a 23.5% stake, in K-Star and ceased to be a shareholder of the company. K-Star announced the appointment of Koo Kien Yoon as an executive director. Koo is also an executive director of Lambo Group, Vsolar Group Bhd and GPA Holdings Bhd.
Nanyang –
K-Star Sports were trading hot last week. The parent stock rose 35% from 14 sen last Monday, ending last week’s trading at 19 sen. This may be related to the company’s equity changes. Emperor Star announced last week that Oriented Media Holdings Co. Ltd. acquired 19.8% of its shares through over-the-counter transactions, and became the largest shareholder of K-Star Sports.
BURSA MALAYSIA –
The Group’s revenue for the 2Q2020 has increased by 21.43% as compared to the immediate preceding quarter. Sales were lower in the 1Q2020 in conjunction with the Chinese New Year festive holiday season and further impacted by the outbreak of Covid-19. In the 2Q2020, the sales of Dixing’s core brand footwear has increased by 36.13% while the OEM segment has decreased by 25.59%.
Investing Malaysia –
Average investing volume for K-Star Sports Ltd. in the past three months in stock market was 1381.4k lots
Investing Malaysia –
KSTAR gets a score of 5.46 in our equity and assets quality test based on current share price of RM0.08
Investing Malaysia –
K-Star Sports Ltd. gets a score of 0 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 5172 in Bursa Malaysia did not propose any dividend for the past few years
Investing Malaysia –
KSTAR is forecasted to made loss of 2 millions, with an adjusted market capitalization of 35.22 millions