Family Owned Property Developer Returns to its Plantation Roots
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Show Notes
Metro Kajang MD & ED Dato' Eddy Chen Lok Loi discusses the company's history, how it went into property development, its startegies to deal with earnings volatility, upcoming launches, positioning, prices, property demand and rising household debt.
He then discusses their expansion into plantations: expected earnings contribution, skills and management expertise, location, maturity and yields, expanding acreage and an outlook for selling prices.
He also discusses its remaining businesses in hotels, property investment, integrated livestock processing, manufacturing and trading of building materials and plans to sell or expand in them.
He then discusses the need to raise capital through borrowings or a corporate exercise and whether there is room to do so.
He talks about his share price, trading volumes, family ownership and whether they may reduce this stake, as well as sharing his plans for corporate structuring.
He also talks about REHDA issues such as the Bumi quota, whether the property market is overbought and whether he expects more restrictions on property purchases.
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