Harimau Capital

Since 1979, MKH has helped enhance lifestyle standards through innovation and creativity.

MKH Berhad (Formerly Known As Metro Kajang Holdings Berhad) is a respected and established property developer with a reputation for cost-effective well managed projects and is listed in the Main Market of Bursa Malaysia.

MKH's current portfolio comprises a range of developments across all property sectors which are mainly located in Kajang, Damansara, Semenyih, Serdang and Melawati. To date, it has developed and undertaken more than 30,000 units of mixed development projects with a value exceeding RM6.0 billion. In addition, the MKH Berhad is also involved in oil palm plantation, project management, property investment, construction and furniture manufacturing.

Highlights

With a root in property development and construction, MKH has over the years branched out into the plantation industry through the acquisition of oil palm business in Indonesia. The business has started to bear fruits in the current financial year and contributed positively to its top and bottom lines. Such diversification strategy shows that the management is actively pursuing business opportunities and yet has so far managed business expansion in a profitable manner. 

With Q1 2013 results yielding an EPS of 10.68 cents, full year results are likely to surpass past years and the Group is well poised for a record year in its history. Annualized EPS is likely to be around 30 cents - 40 cents, suggesting a relatively low PE of around 5 to 7 times. ROE is also likely to be in the double digit. On top of that, the company also has a stable dividend record, distributing 5 cents (3.75 cents nett) per annum.