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Batu Kawan Bhd - 1899(BKAWAN)

Batu Kawan Bhd - 1899 (BKAWAN)

Batu Kawan Bhd lists under Main Market of Bursa Malaysia. It has been classified in the Plantations sector. The stock code uses in Bursa Malaysia is "1899" or identify by stock name of "BKAWAN". More information about Batu Kawan Bhd can be found in their website (www.bkawan.com.my).

Interim Single Tier 15¢12-07-201216-07-201210-08-2012
Final Single Tier 80¢21-02-201223-02-201220-03-2012
Stock quote also available at Bursa Malaysia, The Star.

BATU KAWAN BERHAD was incorporated in 1965 and commenced operations as a plantation company when it took over the assets and liabilities of its predecessor company, Batu Kawan Rubber and Coconuts Plantations Ltd in 1971 under a scheme of reconstruction.From its core plantations business, the Company has over the years diversified into subsidiaries and investments in companies that manufacture basic chemicals, bleaching earth, latex examination gloves and rubber wood parquet and into stockbroking. Except for its basic chemicals and plantations business, the Company has since disposed and exited all these subsidiaries and investments.

In 1992, the Company sold all its plantations assets to Kuala Lumpur Kepong Berhad ("KLK"), a major associate, in exchange for shares. KLK is the Company's largest investment in which it currently owns 47% equity stake.

At present, Batu Kawan Berhad is involved in plantations through KLK, in the manufacture of chlor-alkali and sulphuric acid products and transportation through its subsidiaries, Malay-Sino Chemical Industries Sdn Bhd Group and See Sen Chemical Berhad, and in investment holding. Recently, through its wholly-owned subsidiary, Batu Kawan Holdings Sdn Bhd, the Company is also involved in letting out office space of its commercial building, Menara KLK (previously known as Menara Batu Kawan), located in Mutiara Damansara, Petaling Jaya.

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