Why Kossan’s Special Dividend Looks Inevitable

Kossan is now holding around RM1.6–1.7 billion in cash, with no major expansion plans, minimal debt, and steady profits. For comparison, Riverstone runs its glove business comfortably with only RM600 million cash, and Hartalega—despite having less cash than Kossan—already rewarded shareholders with a 10.85 sen special dividend last year.

That means Kossan’s cash pile is far beyond what it actually needs for operations. Even after keeping RM800–900 million as a safety buffer, it still has RM700–900 million in excess cash. The company has already shown willingness to reward shareholders — it gave a special dividend in 2024 and has been actively buying back shares in 2025.

With cash continuing to build up, no immediate expansion, and management openly using capital for buybacks, the next logical step is to return the extra cash through another special dividend.

In short:
Kossan’s cash position is too large to ignore — it’s no longer a question of if, but when.

没关系，我还没累积完。我是预计二月时才会公布special dividend 。

这个肯定，kossan的固定开销没harta那么多，所以肯定可以赚更多。就好像开一个van车载10个人和开一个巴士载10个人，成本不一样。

明天是Harta 出业绩

看生意展望吧，看股价会睡不着。

明年二月业绩后应该会有special dividend 。

Ong,如果管理层所说的都真实和达到目标，现在只是股价的头部开始。

很多投行都有机会见到管理层，都拿到最新消息了。这个月底也是AGM,到时候会有更多股东知道公司的行情。

Ong, 业绩后就没有机会了，呵呵

不是吧，美股才1%回调怎么能说是大跌，冷静冷静。股市不要带入太多情绪。