QUOTE
Analysts generally concur that KJCF is a well-run and profitable company but its strong performance has time and again been overshadowed by the SEE family long-running tussle over a 34.64% stake in KJCF.
AMRESEARCH's YONG says " .... It will be good for KJCF if the dispute ends soon. The fewer issues to deal with, the better it is for the Group." He is neutral to positive about the outcome of the dispute, which could result in selling the block of shares or distributing it among the SEE family members. "The current management is running KJCF very well and should continue to do so if it remains in the family ..... However, if the block of shares is sold to a third party, they would surely have a game plan in place to further improve on the business...." he said
AMRESEARCH's YONG says " .... It will be good for KJCF if the dispute ends soon. The fewer issues to deal with, the better it is for the Group." He is neutral to positive about the outcome of the dispute, which could result in selling the block of shares or distributing it among the SEE family members. "The current management is running KJCF very well and should continue to do so if it remains in the family ..... However, if the block of shares is sold to a third party, they would surely have a game plan in place to further improve on the business...." he said
Jun 1 2008, 08:07 PM, updated 18y ago
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