KLW

KLW: Manufacturer of home furnishing products is currently exploring various potential investments comprising the development of residential property in Singapore, as well as investments in the sector of natural resources extraction. All the discussions are still at exploratory stages and there is no certainty that any potential investment will materialise. In addition, KLW secured a $2.8m order from China Jingye Construction Engineering to supply and install timber and metal doors for a residential development of 1 Canberra. Further, group is in final negotiations for an aggregate $2.7m orders in two separate residential developments in Singapore. On its last close of $0.019, KLW trades at 47.9x trailing P/E and 2.6x P/B.