At 14.5 sen, K-One’s market cap is approximately RM120.6m (832m shares × RM0.145). The proposed RM75m special dividend alone equals about 62% of the current market cap, which is quite significant.

The more interesting calculation is the theoretical ex-dividend price:

14.5 sen − 9 sen = ~5.5 sen

At 5.5 sen, the residual K-One would have an implied market value of only about RM45.8m.

So the key investment question becomes: Are K-One’s remaining EMS + medical/healthcare + data-centre + solar businesses worth more than RM46m?

Following the disposal of its cloud business, K-One's NTA is expected to increase to approximately RM0.20 per share. After paying a special dividend of RM0.09, the adjusted NTA should still stand at around RM0.11 per share. With the current share price at RM0.15, there appears to be an upside potential of about 25%, making the stock worth considering.

https://youtu.be/0Aelh_tuvcU?si=1XccAomCRZ4neEQD
K-One Sells Cloud Business for RM94M: RM0.09 Special Dividend Explained @YZFinanceMY
📢 K-One Announces RM94 Million "Crown Jewel" Sale! What’s in it for Shareholders?

K-One Technology Berhad has just announced a major corporate exercise: the 100% disposal of its cloud subsidiary, G-AsiaPacific (GAP) , to Japanese giant ITOCHU for RM94 million in cash.

Here is a quick breakdown for retail investors:

💰 The Big Payday: K-One plans to return RM75