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Karyon Industries Bhd (KARY.KL)

KARY.KL on Kuala Lumpur Stock Exchange

0.25MYR
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Karyon Industries says vendor Hsing Lung entered sale & purchase agreement with Pariit Yusof Oil Mill ‍​
Friday, 6 Oct 2017 07:18am EDT 

Oct 6 (Reuters) - Karyon Industries Bhd :Vendor Hsing Lung entered sale & purchase agreement with purchaser Pariit Yusof Oil Mill ‍​.Disposal of a piece of freehold vacant industrial land for consideration of about 4.7 million RGT ‍​.Profit arising from proposed disposal after deducting estimated expenses is about 2.7 million RGT.  Full Article

Karyon Industries says qtrly revenue 38.8 million RGT
Friday, 25 Aug 2017 08:51am EDT 

Aug 25 (Reuters) - Karyon Industries Bhd :Qtrly revenue 38.8 million RGT, qtrly net profit 2.1 million RGT.Year ago qtrly revenue 33.2 million RGT, year ago qtrly net profit 2.6 million RGT.  Full Article

Karyon Industries updates on fire incident of Hsing Lung Sdn
Wednesday, 5 Apr 2017 07:32am EDT 

Karyon Industries Bhd : Yet to finalise financial impact to kib and its subsidiaries . As at 4 April 2017, HLSB had received a total of 1 million RGT interim compensation sum from the insurance company . Refers to fire incident of Hsing Lung Sdn Bhd, a wholly-owned subsidiary of KIB Source (http://bit.ly/2nawaNQ) Further company coverage: [KARY.KL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Karyon Industries updates on fire incident
Wednesday, 30 Nov 2016 06:03am EST 

Karyon Industries Bhd : Karyon industries- fire incident occurred on 27 nov at third party premise located adjacent to one of manufacturing facilities of unit . Karyon industries- fire affected small area of hlsb factory, causing damages to raw materials & finished products & disruption to 2 pvc production lines . Karyon industries- decided to temporarily cease the manufacturing operation in the hlsb factory pending some clean-up and repair works .Karyon industries-"unable to finalise financial impact to co & units, but damages are adequately insured pending the insurance company’s assessment".  Full Article

Karyon Industries says unit received letter from the Ministry Of Finance to rescind sales tax penalty
Friday, 24 Jun 2016 06:05am EDT 

Karyon Industries Bhd : Unit on 17 June 2016 received a letter from the ministry of finance, Malaysia dated 2 June 2016 . Letter stated to rescind the sales tax penalty subject to aisb making the full sales tax payment by 31 December 2016 .  Full Article

Karyon Industries Bhd redesignates Chua Ling Hong to Chief Executive Officer
Wednesday, 25 May 2016 05:39am EDT 

Karyon Industries Bhd : Redesignates Chua Ling Hong to chief executive officer . Redesignates Chua Kee Lam to executive deputy chairman .  Full Article

Karyon Industries updates on sales tax and penalty imposed on Allbright Industries
Tuesday, 10 May 2016 05:11am EDT 

Karyon Industries Bhd : Updates on sales tax and penalty imposed on allbright industries (m) sdn bhd, a wholly-owned subsidiary of kib . Says that aisb had on 10 may 2016, submitted a letter of appeal to the relevant authorities .  Full Article

Karyon Industries Bhd says unit entered into sale and purchase agreement
Sunday, 17 Apr 2016 08:00pm EDT 

Karyon Industries Bhd:Unit entered into a sale and purchase agreement with Scanwolf Plastic Industries sdn bhd.Deal for disposal of the subject property for a total sale consideration of 5.6 million rgt.  Full Article

Karyon Industries Bhd says unit received a letter from Jabatan Kastam Diraja Malaysia
Wednesday, 13 Apr 2016 08:00pm EDT 

Karyon Industries Bhd:Allbright industries (m) sdn bhd (aisb), unit of kib, had on 13 April 2016, received a letter from Jabatan Kastam Diraja Malaysia.Letter for payment of sales tax amounting to 1.1 million rgt together with penalty of 531,732.49 rgt due to different classification of product tariff code.Payment and penalty are not expected to have any material operational impact on kib and its subsidiaries.  Full Article

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