|
|
|
MIRA INFORM REPORT
|
Report No. : |
516815 |
|
Report Date : |
28.06.2018 |
IDENTIFICATION DETAILS
|
Name : |
KL-KEPONG OLEOMAS SDN. BHD. |
|
|
|
|
Formerly Known As : |
ELVISSA CORPORATION SDN. BHD. |
|
|
|
|
Registered Office : |
Wisma Taiko, 1 Jalan S.P.Seenivasagam,
30000 Ipoh, Perak |
|
|
|
|
Country : |
Malaysia |
|
|
|
|
Financials (as on) : |
30.09.2017 |
|
|
|
|
Date of Incorporation : |
22.07.2002 |
|
|
|
|
Com. Reg. No.: |
587027-T |
|
|
|
|
Legal Form : |
Private Limited (Limited By Share) |
|
|
|
|
Line of Business : |
The Subject is principally
engaged in manufacturing of oleochemical products. |
|
|
|
|
No. of Employees : |
800 [2018] |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
Litigation : |
Exist |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (31.12.2017) |
Current Rating (01.04.2018) |
|
Malaysia |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
MALAYSIA - ECONOMIC OVERVIEW
Malaysia, an upper middle-income country, has transformed itself since the 1970s from a producer of raw materials into a multi-sector economy. Under current Prime Minister NAJIB, Malaysia is attempting to achieve high-income status by 2020 and to move further up the value-added production chain by attracting investments in high technology, knowledge-based industries and services. NAJIB's Economic Transformation Program is a series of projects and policy measures intended to accelerate the country's economic growth. The government has also taken steps to liberalize some services sub-sectors. Malaysia is vulnerable to a fall in world commodity prices or a general slowdown in global economic activity.
The NAJIB administration is continuing efforts to boost domestic demand and reduce the economy's dependence on exports. Domestic demand continues to anchor economic growth, supported mainly by private consumption, which accounts for 53% of GDP. Nevertheless, exports - particularly of electronics, oil and gas, and palm oil - remain a significant driver of the economy. In 2015, gross exports of goods and services were equivalent to 73% of GDP. The oil and gas sector supplied about 22% of government revenue in 2015, down significantly from prior years amid a decline in commodity prices and diversification of government revenues. Malaysia has embarked on a fiscal reform program aimed at achieving a balanced budget by 2020, including rationalization of subsidies and the 2015 introduction of a 6% value added tax. Sustained low commodity prices throughout the period not only strained government finances, but also shrunk Malaysia’s current account surplus and weighed heavily on the Malaysian ringgit, which was among the region’s worst performing currencies during 2013-17. The ringgit hit new lows following the US presidential election amid a broader selloff of emerging market assets.
Bank Negara Malaysia (the central bank) maintains adequate foreign exchange reserves; a well-developed regulatory regime has limited Malaysia's exposure to riskier financial instruments, although it remains vulnerable to volatile global capital flows. In order to increase Malaysia’s competitiveness, Prime Minister NAJIB raised possible revisions to the special economic and social preferences accorded to ethnic Malays under the New Economic Policy of 1970, but retreated in 2013 after he encountered significant opposition from Malay nationalists and other vested interests. In September 2013 NAJIB launched the new Bumiputra Economic Empowerment Program, policies that favor and advance the economic condition of ethnic Malays.
Malaysia signed the 12-nation Trans-Pacific Partnership (TPP) free trade agreement in February 2016, although the future of the TPP remains unclear following the US withdrawal from the agreement. Along with nine other ASEAN members, Malaysia established the ASEAN Economic Community in 2015, which aims to advance regional economic integration.
|
Source : CIA |
EXECUTIVE SUMMARY
|
|
REGISTRATION NO. |
: |
587027-T |
||||
|
GST NO. |
: |
000978882560 |
||||
|
COMPANY NAME |
: |
KL-KEPONG OLEOMAS SDN. BHD. |
||||
|
FORMER NAME |
: |
ELVISSA CORPORATION SDN.
BHD. (15/10/2002) |
||||
|
INCORPORATION DATE |
: |
22/07/2002 |
||||
|
COMPANY STATUS |
: |
EXIST |
||||
|
LEGAL FORM |
: |
PRIVATE LIMITED (LIMITED BY
SHARE) |
||||
|
LISTED STATUS |
: |
NO |
||||
|
REGISTERED ADDRESS |
: |
WISMA TAIKO, 1 JALAN
S.P.SEENIVASAGAM, 30000 IPOH, PERAK, MALAYSIA. |
||||
|
BUSINESS ADDRESS |
: |
25, JALAN SUNGAI PINANG
5/18, FASA 2D, TAMAN PERINDUSTRIAN PULAU INDAH, 42920 PULAU INDAH, SELANGOR,
MALAYSIA. |
||||
|
TEL.NO. |
: |
03-31012633 |
||||
|
FAX.NO. |
: |
03-31013299 |
||||
|
WEB SITE |
: |
WWW.KLKOLEO.COM |
||||
|
CONTACT PERSON |
: |
YEOW AH KOW ( DIRECTOR ) |
||||
|
INDUSTRY CODE |
: |
20 |
||||
|
PRINCIPAL ACTIVITY |
: |
MANUFACTURING OF
OLEOCHEMICAL PRODUCTS |
||||
|
AUTHORISED CAPITAL |
: |
MYR 150,000,000.00 DIVIDED
INTO |
||||
|
ISSUED AND PAID UP CAPITAL |
: |
MYR 145,900,000.00 DIVIDED
INTO |
||||
|
SALES |
: |
MYR 2,839,348,000 [2017] |
||||
|
NET WORTH |
: |
MYR 756,044,000 [2017] |
||||
|
STAFF STRENGTH |
: |
800 [2018] |
||||
|
||||||
|
LITIGATION |
: |
TRACED |
||||
|
DEFAULTER CHECK |
: |
CLEAR |
||||
|
FINANCIAL CONDITION |
: |
LIMITED |
||||
|
PAYMENT |
: |
SLOW BUT CORRECT |
||||
|
MANAGEMENT CAPABILITY |
: |
AVERAGE |
||||
|
COMMERCIAL RISK |
: |
MODERATE |
||||
|
CURRENCY EXPOSURE |
: |
MODERATE |
||||
|
GENERAL REPUTATION |
: |
SATISFACTORY |
||||
|
INDUSTRY OUTLOOK |
: |
MARGINAL GROWTH |
||||
HISTORY / BACKGROUND
|
The Subject is a private limited company and is allowed to have a minimum
of one and a maximum of forty-nine shareholders. As a private limited company,
the Subject shall have a minimum one director. A private limited company is a
separate legal entity from its shareholders. As a separate legal entity, the
Subject is capable of owning assets, entering into contracts, sue or be sued by
other companies. The liabilities of the shareholders are to the extent of the
equity they have taken up and the creditors cannot claim on shareholders'
personal assets even if the Subject is insolvent. The Subject is governed by
the Companies Act, 1965 and the company must file its annual returns, together
with its financial statements with the Registrar of Companies.
The Subject is principally engaged in the (as a / as an) manufacturing
of oleochemical products.
The Subject is not listed on
Bursa Malaysia (Malaysia Stock Exchange).
The immediate holding company
of the Subject is KL-KEPONG INDUSTRIAL HOLDINGS SDN. BHD., a company
incorporated in MALAYSIA.
Former Address(es)
|
Address |
As At Date |
|
LEVEL 7, SETIA 1, 15, LORONG
DUNGUN, DAMANSARA HEIGHTS, 50490, WILAYAH PERSEKUTUAN, MALAYSIA |
24/10/2002 |
Share Capital
History
|
Date |
Authorised Shared Capital |
Issue & Paid Up Capital |
|
07/05/2013 |
MYR 150,000,000.00 |
MYR 145,900,000.00 |
|
29/09/2010 |
MYR 150,000,000.00 |
MYR 137,650,000.00 |
|
08/08/2006 |
MYR 100,000,000.00 |
MYR 100,000,000.00 |
|
22/07/2002 |
MYR 100,000.00 |
MYR 2.00 |
The major shareholder(s) of
the Subject are shown as follows :
Current Shareholder(s) :
|
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
KUALA LUMPUR KEPONG BERHAD |
1, WISMA TAIKO, JALAN S.P.
SEENIVASAGAM, 30000 IPOH, PERAK, MALAYSIA. |
15043V |
223,600,000.00 |
40.00 |
|
KL-KEPONG INDUSTRIAL HOLDINGS
SDN. BHD. |
MENARA KLK, 1, JALAN PJU
7/6, MUTIARA DAMANSARA, 47810 PETALING JAYA, SELANGOR, MALAYSIA. |
300525M |
223,600,000.00 |
40.00 |
|
PALM-OLEO SDN. BHD. |
LOT 1245, KUNDANG INDUSTRIAL
ESTATE, 48020 RAWANG, SELANGOR, MALAYSIA. |
185886V |
111,800,000.00 |
20.00 |
|
--------------- |
------ |
|||
|
559,000,000.00 |
100.00 |
|||
|
============ |
===== |
+ Also Director
The Subject's interest in
other companies (Subsidiaries/Associates) are shown as follow :
Local No |
Country |
Company |
Status |
(%) |
As At |
|
629076P |
MALAYSIA |
KLK BIOENERGY SDN BHD |
- |
100.00 |
28/05/2018 |
DIRECTORS
|
DIRECTOR 1
|
Name Of Subject |
: |
MR. YEOW AH KOW |
|
Address |
: |
3, JALAN SS 19/3C, 47500
SUBANG JAYA, SELANGOR, MALAYSIA. |
|
Other Address(es) |
: |
NO 36,JALAN USJ 5/3, UEP
SUBANG JAYA, 47610 SUBANG JAYA, SELANGOR, MALAYSIA. |
|
New IC No |
: |
540203-05-5085 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
24/10/2002 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
766073W |
CAPITAL GLOGALAXY SDN. BHD. |
Director |
10/04/2007 |
0.00 |
- |
MYR(20,089.00) |
2017 |
- |
28/05/2018 |
|
2 |
727439D |
DAVOS LIFE SCIENCE SDN BHD |
Director |
20/02/2012 |
0.00 |
- |
MYR(2,553,460.00) |
2017 |
- |
28/05/2018 |
|
3 |
794569U |
DRAW FIELDS SDN. BHD. |
Director |
10/12/2012 |
0.00 |
- |
MYR(5,079.00) |
2017 |
- |
28/05/2018 |
|
4 |
587027T |
KL-KEPONG OLEOMAS SDN. BHD. |
Director |
24/10/2002 |
0.00 |
- |
MYR(87,379,000.00) |
2017 |
- |
28/05/2018 |
|
5 |
629076P |
KLK BIOENERGY SDN BHD |
Director |
10/02/2009 |
0.00 |
- |
MYR(2,225,000.00) |
2017 |
- |
28/05/2018 |
|
6 |
120900P |
KSP MANUFACTURING SDN. BHD. |
Director |
16/03/1998 |
0.00 |
- |
MYR(4,726,000.00) |
2017 |
- |
28/05/2018 |
|
7 |
435832T |
PALM-OLEO (KLANG) SDN. BHD. |
Director |
28/09/2007 |
0.00 |
- |
MYR19,219.00 |
2017 |
- |
28/05/2018 |
|
8 |
185886V |
PALM-OLEO SDN. BHD. |
Director |
16/03/1998 |
0.00 |
- |
MYR59,059,000.00 |
2017 |
- |
28/05/2018 |
|
9 |
248395T |
PALMAMIDE SDN. BHD. |
Director |
16/03/1998 |
0.00 |
- |
MYR25,599,000.00 |
2017 |
- |
28/05/2018 |
|
10 |
36869T |
SECURITIES SERVICES
(HOLDINGS) SDN. BHD. |
Director |
18/11/2002 |
2,444.00 |
12.57 |
MYR62,900.00 |
1996 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
414949W |
B.K.B. FLOORING SDN. BHD. |
Director |
27/06/2000 |
21/03/2001 |
- |
- |
|
2 |
233821W |
B.K.B. HEVEA PRODUCTS SDN.
BHD. |
Director |
27/06/2000 |
06/08/2002 |
- |
- |
|
3 |
200081D |
BARRY CALLEBAUT MALAYSIA
SDN. BHD. |
Director |
28/02/1997 |
06/08/2002 |
- |
- |
|
4 |
234769T |
ESTEROL SDN. BHD. |
Director |
10/03/1998 |
05/07/2011 |
- |
- |
|
5 |
96464V |
KL-KEPONG RUBBER PRODUCTS
SDN. BHD. |
Director |
27/06/2000 |
06/08/2002 |
- |
- |
|
6 |
92083T |
MASIF LATEX PRODUCTS SDN.
BHD. |
Director |
27/06/2000 |
06/08/2002 |
- |
- |
|
7 |
338316D |
STOLTHAVEN (WESTPORT) SDN.
BHD. |
Director |
09/02/2006 |
03/06/2016 |
- |
- |
DIRECTOR 2
|
Name Of Subject |
: |
MR. PUNG KOK HOOI |
|
Address |
: |
1, JALAN SS 24/19, TAMAN
MEGAH, 47301 PETALING JAYA, SELANGOR, MALAYSIA. |
|
New IC No |
: |
660414-07-5357 |
|
Date of Birth |
: |
14/04/1966 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
26/12/2008 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
414949W |
B.K.B. FLOORING SDN. BHD. |
Secretary |
16/07/2008 |
0.00 |
- |
MYR(4,618.00) |
2017 |
- |
28/05/2018 |
|
2 |
233821W |
B.K.B. HEVEA PRODUCTS SDN.
BHD. |
Director |
05/05/2016 |
0.00 |
- |
MYR15,399,843.00 |
2017 |
- |
28/05/2018 |
|
3 |
766073W |
CAPITAL GLOGALAXY SDN. BHD. |
Secretary Director |
10/04/2007 31/05/2017 |
0.00 |
- |
MYR(20,089.00) |
2017 |
- |
28/05/2018 |
|
4 |
727439D |
DAVOS LIFE SCIENCE SDN BHD |
Director Secretary |
26/12/2008 20/03/2006 |
0.00 |
- |
MYR(2,553,460.00) |
2017 |
- |
28/05/2018 |
|
5 |
794569U |
DRAW FIELDS SDN. BHD. |
Secretary |
10/12/2012 |
0.00 |
- |
MYR(5,079.00) |
2017 |
- |
28/05/2018 |
|
6 |
300525M |
KL-KEPONG INDUSTRIAL
HOLDINGS SDN. BHD. |
Secretary |
23/09/2009 |
0.00 |
- |
MYR109,162.00 |
2016 |
- |
28/05/2018 |
|
7 |
587027T |
KL-KEPONG OLEOMAS SDN. BHD. |
Director Secretary |
26/12/2008 30/09/2004 |
0.00 |
- |
MYR(87,379,000.00) |
2017 |
- |
28/05/2018 |
|
8 |
96464V |
KL-KEPONG RUBBER PRODUCTS
SDN. BHD. |
Secretary |
16/07/2008 |
0.00 |
- |
MYR4,383,381.00 |
2017 |
- |
28/05/2018 |
|
9 |
629076P |
KLK BIOENERGY SDN BHD |
Secretary Director |
10/02/2009 10/06/2011 |
0.00 |
- |
MYR(2,225,000.00) |
2017 |
- |
28/05/2018 |
|
10 |
120900P |
KSP MANUFACTURING SDN. BHD. |
Director Secretary |
26/12/2008 01/09/2004 |
0.00 |
- |
MYR(4,726,000.00) |
2017 |
- |
28/05/2018 |
|
11 |
92083T |
MASIF LATEX PRODUCTS SDN.
BHD. |
Secretary |
16/07/2008 |
0.00 |
- |
MYR(254,658.00) |
2017 |
- |
28/05/2018 |
|
12 |
435832T |
PALM-OLEO (KLANG) SDN. BHD. |
Director Secretary |
26/12/2008 28/09/2007 |
0.00 |
- |
MYR19,219.00 |
2017 |
- |
28/05/2018 |
|
13 |
185886V |
PALM-OLEO SDN. BHD. |
Director Secretary |
26/12/2008 01/09/2004 |
0.00 |
- |
MYR59,059,000.00 |
2017 |
- |
28/05/2018 |
|
14 |
248395T |
PALMAMIDE SDN. BHD. |
Director Secretary |
26/12/2008 09/10/2004 |
0.00 |
- |
MYR25,599,000.00 |
2017 |
- |
28/05/2018 |
|
15 |
56348K |
RICHINSTOCK SAWMILL SDN.
BHD. |
Director Secretary |
10/12/2012 10/12/2012 |
0.00 |
- |
MYR(4,133.00) |
2017 |
- |
28/05/2018 |
|
16 |
338316D |
STOLTHAVEN (WESTPORT) SDN.
BHD. |
Secretary |
10/02/2006 |
0.00 |
- |
MYR7,360,186.00 |
2017 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
233821W |
B.K.B. HEVEA PRODUCTS SDN.
BHD. |
Secretary |
16/07/2008 |
05/05/2016 |
- |
- |
DIRECTOR 3
|
Name Of Subject |
: |
MR. MADHEV A/L BALA
SUBRAMANIAM |
|
Address |
: |
PALM-OLEO SDN BHD, LOT 1245
KUNDANG ESTATE, RAWANG |
|
Other Address(es) |
: |
- NO.42, PJS 9/10, BANDAR
SUNWAY, 46150 PETALING JAYA, SELANGOR, MALAYSIA. - NO. 79, LENGKOK SRI
SIANTAN 51, TAMAN SRI ANDALAS, 41200 KLANG, SELANGOR, MALAYSIA. - LOT 1245, KUNDANG ESTATE,
RAWANG, SELANGOR, MALAYSIA. |
|
IC / PP No |
: |
8294889 |
|
New IC No |
: |
600913-71-5115 |
|
Date of Birth |
: |
13/09/1960 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
27/03/2006 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
789254X |
BUDI OLEO SDN. BHD. |
Shareholder |
- |
1.00 |
33.33 |
- |
2017 |
- |
28/05/2018 |
|
2 |
727439D |
DAVOS LIFE SCIENCE SDN BHD |
Director |
20/02/2012 |
0.00 |
- |
MYR(2,553,460.00) |
2017 |
- |
28/05/2018 |
|
3 |
587027T |
KL-KEPONG OLEOMAS SDN. BHD. |
Director |
27/03/2006 |
0.00 |
- |
MYR(87,379,000.00) |
2017 |
- |
28/05/2018 |
|
4 |
629076P |
KLK BIOENERGY SDN BHD |
Director |
10/02/2009 |
0.00 |
- |
MYR(2,225,000.00) |
2017 |
- |
28/05/2018 |
|
5 |
120900P |
KSP MANUFACTURING SDN. BHD. |
Director |
01/10/2005 |
0.00 |
- |
MYR(4,726,000.00) |
2017 |
- |
28/05/2018 |
|
6 |
323557A |
LIAN JUAN ENGINEERING SDN.
BHD. |
Director |
30/03/2007 |
0.00 |
- |
MYR38,993.00 |
2016 |
- |
28/05/2018 |
|
7 |
16055T |
MALAY-SINO CHEMICAL
INDUSTRIES SDN.BHD. |
Director |
23/11/2016 |
0.00 |
- |
MYR103,482,030.00 |
2017 |
- |
28/05/2018 |
|
8 |
435832T |
PALM-OLEO (KLANG) SDN. BHD. |
Director |
11/06/2008 |
0.00 |
- |
MYR19,219.00 |
2017 |
- |
28/05/2018 |
|
9 |
185886V |
PALM-OLEO SDN. BHD. |
Director |
26/12/2008 |
0.00 |
- |
MYR59,059,000.00 |
2017 |
- |
28/05/2018 |
|
10 |
248395T |
PALMAMIDE SDN. BHD. |
Director |
01/10/2005 |
0.00 |
- |
MYR25,599,000.00 |
2017 |
- |
28/05/2018 |
|
11 |
56348K |
RICHINSTOCK SAWMILL SDN. BHD. |
Director |
10/12/2012 |
0.00 |
- |
MYR(4,133.00) |
2017 |
- |
28/05/2018 |
|
12 |
338316D |
STOLTHAVEN (WESTPORT) SDN.
BHD. |
Director |
03/06/2016 |
0.00 |
- |
MYR7,360,186.00 |
2017 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
789254X |
BUDI OLEO SDN. BHD. |
Director |
21/09/2007 |
20/10/2016 |
- |
- |
|
2 |
804657X |
PROCESS PARTNERS SDN. BHD. |
Director |
29/01/2008 |
15/01/2015 |
- |
- |
|
3 |
804657X |
PROCESS PARTNERS SDN. BHD. |
Shareholder |
- |
- |
1.00 |
- |
DIRECTOR 4
|
Name Of Subject |
: |
LEE OI HIAN |
|
Address |
: |
55,JALAN KELAB GOLF, 30350
IPOH, PERAK, MALAYSIA. |
|
IC / PP No |
: |
8023079 |
|
New IC No |
: |
510207-08-5743 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
03/12/2015 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
90455D |
APPLIED AGRICULTURAL
RESOURCES SDN. BHD. |
Director |
08/12/2010 |
0.00 |
- |
MYR8,273,390.00 |
2016 |
- |
28/05/2018 |
|
2 |
276535H |
ARUSHA ENTERPRISE SDN. BHD. |
Director |
- |
1,600,000.00 |
0.40 |
MYR285,436,392.00 |
2017 |
- |
28/05/2018 |
|
3 |
7767D |
ATLAS INDUSTRIES SDN BHD |
Shareholder |
- |
1,500.00 |
0.04 |
MYR5,976,098.00 |
2017 |
- |
28/05/2018 |
|
4 |
6292U |
BATU KAWAN BHD |
Director |
01/06/1979 |
0.00 |
- |
MYR1,198,723,000.00 |
2017 |
- |
28/05/2018 |
|
5 |
1017134H |
CHAMPION BRAVE SDN. BHD. |
Director |
04/12/2012 |
65,989,998.00 |
100.00 |
MYR(9,058,330.00) |
2016 |
- |
28/05/2018 |
|
6 |
194756H |
CONGLETON HOLDINGS SDN. BHD. |
Director |
08/01/1991 |
30,069,996.00 |
98.69 |
MYR10,360,468.00 |
2016 |
- |
28/05/2018 |
|
7 |
727439D |
DAVOS LIFE SCIENCE SDN BHD |
Director |
06/08/2014 |
0.00 |
- |
MYR(2,553,460.00) |
2017 |
- |
28/05/2018 |
|
8 |
174554M |
DI-YI SDN. BHD. |
Director |
13/02/1989 |
0.00 |
- |
MYR44,455,840.00 |
2016 |
- |
28/05/2018 |
|
9 |
33072U |
HUP HENG LOONG CORPORATION
SDN BHD |
Shareholder |
- |
116,668.00 |
33.33 |
MYR48,260.00 |
2017 |
- |
28/05/2018 |
|
10 |
196322U |
KEKAL & DERAS SDN. BHD. |
Shareholder |
- |
621,334.00 |
33.33 |
MYR246,362.00 |
2016 |
- |
28/05/2018 |
|
11 |
587027T |
KL-KEPONG OLEOMAS SDN. BHD. |
Director |
03/12/2015 |
0.00 |
- |
MYR(87,379,000.00) |
2017 |
- |
28/05/2018 |
|
12 |
15043V |
KUALA LUMPUR KEPONG BERHAD |
Director |
01/02/1985 |
72,000.00 |
0.007 |
MYR550,939,000.00 |
2018 |
- |
28/05/2018 |
|
13 |
2276D |
LEONG TIAN AND SONS SDN BHD |
Shareholder |
- |
35,985.00 |
6.43 |
MYR311,758.00 |
2016 |
- |
28/05/2018 |
|
14 |
9009X |
MALAY RUBBER PLANTATIONS
(MALAYSIA) SDN. BERHAD |
Director |
- |
196,000.00 |
2.99 |
MYR29,919,903.00 |
2017 |
- |
28/05/2018 |
|
15 |
420722K |
PERFECT PORTFOLIO SDN. BHD. |
Shareholder |
- |
100,000.00 |
50.00 |
MYR177.00 |
2016 |
- |
28/05/2018 |
|
16 |
121074A |
PINJI BOTANICS SDN BHD |
Shareholder |
- |
18,297,000.00 |
20.03 |
MYR21,677,532.00 |
2017 |
- |
28/05/2018 |
|
17 |
1066682V |
SCOPE ENERGY SDN. BHD. |
Director |
05/03/2014 |
0.00 |
- |
MYR480,057.00 |
2017 |
- |
28/05/2018 |
|
18 |
673680H |
TAIKO-STRAITS DEVELOPMENTS
SDN. BHD. |
Director |
28/08/2009 |
0.00 |
- |
MYR2,688,031.00 |
2017 |
- |
28/05/2018 |
|
19 |
578227M |
UTAR EDUCATION FOUNDATION |
Director |
09/04/2015 |
0.00 |
- |
N/A |
2016 |
- |
28/05/2018 |
|
20 |
3117U |
WAN HIN INVESTMENTS SDN BHD |
Director |
07/09/1977 |
10,500.00 |
0.005 |
MYR261,394,486.00 |
2017 |
- |
28/05/2018 |
|
21 |
14988U |
WAN HIN PLANTATIONS SDN.
BHD. |
Director |
04/05/2005 |
2,198,000.00 |
19.98 |
MYR27,685,768.00 |
2017 |
- |
28/05/2018 |
|
22 |
1825A |
WAN YUEN MINING KONGSI SDN.
BHD. |
Shareholder |
- |
50,000.00 |
0.84 |
MYR3,099,859.00 |
2016 |
- |
28/05/2018 |
|
23 |
131639H |
YAYASAN KLK |
Director |
02/01/1987 |
0.00 |
- |
N/A |
2016 |
- |
28/05/2018 |
|
24 |
137563V |
YAYASAN PERAK - WAN YUEN
SDN.BHD. |
Shareholder |
- |
566,666.00 |
28.33 |
MYR(3,973.00) |
2017 |
- |
28/05/2018 |
|
25 |
1087736X |
YAYASAN WESLEY |
Director |
19/07/2017 |
0.00 |
- |
N/A |
2016 |
- |
28/05/2018 |
|
26 |
101453V |
ZARIB KOMPLEX SDN BHD |
Shareholder |
- |
742,900.00 |
10.00 |
MYR384,052.00 |
2017 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
340277P |
ABLINGTON HOLDINGS SDN. BHD. |
Director |
04/01/1996 |
08/06/1999 |
- |
- |
|
2 |
150766D |
BARD SDN.BHD. |
Director |
14/02/1986 |
08/08/2000 |
- |
- |
|
3 |
200081D |
BARRY CALLEBAUT MALAYSIA
SDN. BHD. |
Director |
12/02/2009 |
07/04/2011 |
- |
- |
|
4 |
256385W |
CLARITY CREST SDN. BHD. |
Director |
04/11/1993 |
26/09/1997 |
- |
- |
|
5 |
332590X |
CLEAR WATER SANCTUARY GOLF
MANAGEMENT BERHAD |
Director |
12/03/1997 |
08/06/1999 |
- |
- |
|
6 |
122151T |
CLEAR WATER SANCTUARY GOLF
RESORT SDN. BHD. |
Director |
12/03/1997 |
08/06/1999 |
- |
- |
|
7 |
234769T |
ESTEROL SDN. BHD. |
Director |
18/03/1992 |
05/07/2011 |
- |
- |
|
8 |
108261A |
FAJAR PALMKEL SDN. BERHAD. |
Director |
18/10/1983 |
20/07/1996 |
- |
- |
|
9 |
3453X |
GLENEALY PLANTATIONS SDN.
BHD. |
Director |
- |
19/06/1995 |
- |
- |
|
10 |
225099X |
JUSLINO SDN. BHD. |
Shareholder |
- |
- |
472500.00 |
- |
|
11 |
630P |
KL-K HOLIDAY BUNGALOWS SDN
BHD |
Director |
24/02/1987 |
08/06/1999 |
- |
- |
|
12 |
42262A |
KL-KEPONG (SABAH) SDN.BHD. |
Director |
- |
08/06/1999 |
- |
- |
|
13 |
46159U |
KL-KEPONG EDIBLE OILS SDN.
BHD. |
Director |
- |
08/06/1999 |
- |
- |
|
14 |
215699H |
KLK LAND SDN. BHD. |
Director |
- |
08/06/1999 |
- |
- |
|
15 |
217200X |
KOMPLEKS TANJONG MALIM SDN.
BHD. |
Director |
16/05/1991 |
08/06/1999 |
- |
- |
|
16 |
23370V |
KULIM (MALAYSIA) BERHAD |
Shareholder |
- |
- |
25000.00 |
- |
|
17 |
202326W |
KUMPULAN SIERRAMAS (M) SDN.
BHD. |
Director |
14/10/1991 |
31/07/1998 |
- |
- |
|
18 |
255972A |
MALAYSIA PAKISTAN VENTURE
SDN. BHD. |
Director |
12/01/1993 |
08/06/1999 |
- |
- |
|
19 |
3755M |
MALAYSIAN INDUSTRIAL
DEVELOPMENT FINANCE BHD |
Director |
16/03/1992 |
05/11/2002 |
- |
- |
|
20 |
320059P |
MALAYSIAN
INDUSTRY-GOVERNMENT GROUP FOR HIGH TECHNOLOGY |
Director |
14/04/1997 |
26/04/1999 |
- |
- |
|
21 |
192835K |
MALAYSIAN PALM OIL COUNCIL |
Director |
12/02/1990 |
21/02/2009 |
- |
- |
|
22 |
7839T |
PACIFIC REFRACTORY
INDUSTRIES SDN.BHD. |
Shareholder |
- |
- |
84373.00 |
- |
|
23 |
350122W |
PALERMO CORPORATION SDN.
BHD. |
Director |
01/11/1995 |
08/06/1999 |
- |
- |
|
24 |
185886V |
PALM-OLEO SDN. BHD. |
Director |
24/12/1990 |
23/11/2016 |
- |
- |
|
25 |
248395T |
PALMAMIDE SDN. BHD. |
Director |
03/12/1994 |
17/12/2004 |
- |
- |
|
26 |
350123K |
PDC PROPERTIES SDN. BHD. |
Director |
25/01/1996 |
17/05/2001 |
- |
- |
|
27 |
599073D |
PERAK ACADEMY |
Director |
19/11/2002 |
04/12/2015 |
- |
- |
|
28 |
604642U |
PERDANA LEADERSHIP
FOUNDATION |
Director |
17/09/2003 |
26/12/2017 |
- |
- |
|
29 |
420722K |
PERFECT PORTFOLIO SDN. BHD. |
Director |
08/06/2002 |
14/05/2009 |
- |
- |
|
30 |
121074A |
PINJI BOTANICS SDN BHD |
Director |
- |
08/06/1999 |
- |
- |
|
31 |
723922K |
ROYAL PERAK GOLF CLUB BERHAD |
Director |
22/05/2006 |
23/11/2016 |
- |
- |
|
32 |
202531P |
RUBBER FIBREBOARDS SDN. BHD. |
Director |
14/08/1990 |
12/12/1996 |
- |
- |
|
33 |
666517M |
STAR FOUNDATION |
Director |
20/09/2004 |
01/02/2009 |
- |
- |
|
34 |
190713W |
TAIKO CHEMICAL INDUSTRIES
SDN. BHD. |
Shareholder |
- |
- |
14350000.00 |
- |
|
35 |
178854K |
TAIKO MARKETING SDN. BHD. |
Shareholder |
- |
- |
- |
- |
|
36 |
4266U |
TAIKO PLANTATIONS SDN.BHD. |
Director |
01/12/1979 |
30/09/2017 |
- |
- |
|
37 |
142272X |
TAN SRI LEE LOY SENG
FOUNDATION |
Director |
16/07/1985 |
25/04/2009 |
- |
- |
|
38 |
157346A |
UNI-AGRO MULTI PLANTATIONS
SDN. BHD. |
Director |
22/07/1988 |
17/07/1999 |
- |
- |
|
39 |
35497K |
WAN MUNN HOLDINGS SDN. BHD |
Director |
01/04/1983 |
08/06/1999 |
- |
- |
|
40 |
137563V |
YAYASAN PERAK - WAN YUEN
SDN.BHD. |
Director |
18/07/1988 |
08/06/1999 |
- |
- |
|
41 |
235826X |
YAYASAN TUANKU BAINUN |
Director |
10/06/2002 |
15/06/2017 |
- |
- |
|
42 |
101453V |
ZARIB KOMPLEX SDN BHD |
Director |
06/12/1984 |
08/06/1999 |
- |
- |
DIRECTOR 5
|
Name Of Subject |
: |
MR. LEE JIA ZHANG |
|
Address |
: |
55, JALAN KELAB GOLF, 30350
IPOH, PERAK, MALAYSIA. |
|
Other Address(es) |
: |
PERAK, MALAYSIA. |
|
New IC No |
: |
830226-08-5477 |
|
Date of Birth |
: |
26/02/1983 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
03/12/2015 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
see below |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
1017134H |
CHAMPION BRAVE SDN. BHD. |
Director |
02/11/2012 |
1.00 |
0.00000 |
MYR(9,058,330.00) |
2016 |
- |
28/05/2018 |
|
2 |
174554M |
DI-YI SDN. BHD. |
Director |
26/04/2018 |
0.00 |
- |
MYR44,455,840.00 |
2016 |
- |
28/05/2018 |
|
3 |
794569U |
DRAW FIELDS SDN. BHD. |
Director |
10/12/2012 |
0.00 |
- |
MYR(5,079.00) |
2017 |
- |
28/05/2018 |
|
4 |
1203309K |
FREEDOM CAP SDN. BHD. |
Shareholder |
- |
15,000.00 |
15.00 |
- |
2016 |
- |
28/05/2018 |
|
5 |
1083358H |
IDEAL HALLMARK SDN. BHD. |
Director |
04/09/2014 |
1.00 |
0.002 |
MYR(2,468.00) |
2016 |
- |
28/05/2018 |
|
6 |
300525M |
KL-KEPONG INDUSTRIAL HOLDINGS
SDN. BHD. |
Director |
10/06/2016 |
0.00 |
- |
MYR109,162.00 |
2016 |
- |
28/05/2018 |
|
7 |
587027T |
KL-KEPONG OLEOMAS SDN. BHD. |
Director |
03/12/2015 |
0.00 |
- |
MYR(87,379,000.00) |
2017 |
- |
28/05/2018 |
|
8 |
96464V |
KL-KEPONG RUBBER PRODUCTS
SDN. BHD. |
Director |
17/05/2016 |
0.00 |
- |
MYR4,383,381.00 |
2017 |
- |
28/05/2018 |
|
9 |
309579H |
KLK PREMIER OILS SDN. BHD. |
Director |
11/08/2016 |
0.00 |
- |
MYR9,132,296.00 |
2017 |
- |
28/05/2018 |
|
10 |
15043V |
KUALA LUMPUR KEPONG BERHAD |
Director |
16/05/2018 |
0.00 |
- |
MYR550,939,000.00 |
2018 |
- |
28/05/2018 |
|
11 |
185886V |
PALM-OLEO SDN. BHD. |
Director |
04/01/2017 |
0.00 |
- |
MYR59,059,000.00 |
2017 |
- |
28/05/2018 |
|
12 |
420722K |
PERFECT PORTFOLIO SDN. BHD. |
Shareholder |
- |
100,000.00 |
50.00 |
MYR177.00 |
2016 |
- |
28/05/2018 |
|
13 |
1272557M |
RODA AWANA IT WORKS SDN.
BHD. |
Director |
06/04/2018 |
0.00 |
- |
- |
2016 |
- |
28/05/2018 |
|
14 |
1046497A |
RODA AWANA SDN. BHD. |
Director |
10/06/2013 |
121,000.00 |
46.54 |
MYR56,339.00 |
2016 |
- |
28/05/2018 |
|
15 |
1066682V |
SCOPE ENERGY SDN. BHD. |
Director |
05/03/2014 |
0.00 |
- |
MYR480,057.00 |
2017 |
- |
28/05/2018 |
|
16 |
338316D |
STOLTHAVEN (WESTPORT) SDN.
BHD. |
Director |
10/06/2011 |
0.00 |
- |
MYR7,360,186.00 |
2017 |
- |
28/05/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App Date |
Withdrawn Date |
Shareholding |
Status |
|
1 |
929176U |
3C MARINA PARK SDN. BHD. |
Director |
17/01/2013 |
11/08/2016 |
- |
- |
DIRECTOR 6
|
Name Of Subject |
: |
MR. RAGHUNATHAN A/L V.G.NAIR |
|
Address |
: |
31, LORONG PAUH JAYA 4/7,
TAMAN PAUH JAYA, 13700 PERAI, PULAU PINANG, MALAYSIA. |
|
IC / PP No |
: |
8243437 |
|
New IC No |
: |
570130-02-5893 |
|
Date of Birth |
: |
30/01/1957 |
|
Nationality |
: |
MALAYSIAN |
|
Date of Appointment |
: |
30/11/2017 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
none in our databank |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
587027T |
KL-KEPONG OLEOMAS SDN. BHD. |
Director |
30/11/2017 |
0.00 |
- |
MYR(87,379,000.00) |
2017 |
- |
28/05/2018 |
|
2 |
629076P |
KLK BIOENERGY SDN BHD |
Director |
30/11/2017 |
0.00 |
- |
MYR(2,225,000.00) |
2017 |
- |
28/05/2018 |
FORMER DIRECTOR(S)
|
|
Name |
Address |
IC/PP No |
Appointed Date |
Withdrawn Date |
|
SAW LEE CHYAN |
30, JALAN SHB 5,, SUBANG
HEIGHTS WEST,, SUBANG JAYA, SELANGOR, MALAYSIA |
741108-07-5521 |
18/04/2011 |
08/03/2013 |
|
SAW BEE LEAN |
91 JALAN SS22/39, DAMANSARA JAYA,
PETALING JAYA, PETALING JAYA, SELANGOR, MALAYSIA |
570711-07-5952 |
22/07/2002 |
25/10/2002 |
|
OLIVIERJEAN-MARIE MEURZEC |
NO.13,LENCONGAN, SEMERAK
API, SIERRAMAS, SUNGAI BULOH, SELANGOR, MALAYSIA |
04AE36901 |
17/12/2004 |
26/12/2008 |
|
KHOO PING KHEAN |
NO. 32, JALAN USJ HEIGHTS
6/1B, USJ HEIGHTS, PETALING JAYA, SELANGOR, MALAYSIA |
530121-08-5943 |
27/03/2006 |
01/10/2014 |
|
FAN CHEE KUM |
15,LALUAN IPOH PERDANA,
TAMAN IPOH PERDANA, IPOH,PERAK, IPOH, PERAK, MALAYSIA |
520918-08-5765 |
24/10/2002 |
18/04/2011 |
|
DAVID CHONG ENG TEE |
36 JALAN BU 4/8, BANDAR
UTAMA, PETALING JAYA, SELANGOR, MALAYSIA |
620426-10-5203 |
24/10/2002 |
17/12/2004 |
|
GOH ENG CHOOR |
9, LORONG BATU NILAM 20G,
BANDAR BUKIT TINGGI 2, KLANG, SELANGOR, MALAYSIA |
571002-10-5199 |
01/10/2014 |
30/11/2017 |
|
TN MIN YEW |
24, JALAN USJ 13/3E, UEP
SUBANG JAYA, SUBANG JAYA, SELANGOR, MALAYSIA |
700208-05-5279 |
03/12/2015 |
14/03/2017 |
|
YAP TZE KHONG |
21 JALAN SS 22/46, DAMANSARA
JAYA, PETALING JAYA, PETALING JAYA, SELANGOR, MALAYSIA |
651213-03-5207 |
18/08/2016 |
02/02/2018 |
Note : The above information
was generated from our database.
MANAGEMENT
|
|
1) |
Name of Subject |
: |
YEOW AH KOW |
|
Position |
: |
DIRECTOR |
|
AUDITOR
|
|
Auditor |
: |
KPMG PLT |
|
Auditor' Address |
: |
LEVEL 10, KPMG TOWER, 8
FIRST AVENUE, BANDAR UTAMA, PETALING JAYA, 47800 PETALING JAYA, SELANGOR,
MALAYSIA. |
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COMPANY SECRETARIES
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1) |
Company Secretary |
: |
MS. YAP MIOW KIEN |
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IC / PP No |
: |
A1171235 |
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New IC No |
: |
681220-05-5334 |
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Address |
: |
12, LINGKARAN MERU VALLEY
1A, LAKEVIEW VILLA, MERU VALLEY GOLF RESORT, JALAN BUKIT MERU, 30020 IPOH,
PERAK, MALAYSIA. |
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Date of Appointment |
: |
23/09/2009 |
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2) |
Company Secretary |
: |
MR. PUNG KOK HOOI |
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New IC No |
: |
660414-07-5357 |
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Address |
: |
1, JALAN SS 24/19, TAMAN
MEGAH, 47301 PETALING JAYA, SELANGOR, MALAYSIA. |
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Date of Appointment |
: |
30/09/2004 |
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BANKING
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Banking relations are maintained principally with :
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1) |
Name |
: |
AMBANK (M) BHD |
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2) |
Name |
: |
MALAYAN BANKING BHD |
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ENCUMBRANCE (S) |
No encumbrance was found in our databank at the time of investigation.
CIVIL LITIGATION CHECK - SUBJECT COMPANY AS A
DEFENDANT
|
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No winding up petition was found in our databank.
There is/are PENDING litigation case(s) on the Subject in our database as
below:
- 1 case(s) filed in year 2016
There is/are CLOSED litigation case(s) on the Subject in our database as below:
- 1 case(s) filed in year 2018
According to the Credit Reporting Agencies Act 2010, consent from the Subject
is required for the disclosure of this credit information. In order to have the
consent from the Subject, we need to serve a notice to the Subject by disclose
the following according to the Act Section 23(1) :
1) Enquirer or Company who request for this credit information.
2) Contact person of Enquirer
3) Purpose of this credit information being used.
4) Contact person of the Subject.
We shall appreciate if you can furnish us the above in order for us to serve a
notice or inform the Subject accordingly. Otherwise, we are prohibited to
disclose this credit information if there is no consent from the Subject
according to the Act Section 24(1)(a).
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CRIMINAL RECORDS CHECK -
SUBJECT COMPANY AS A DEFENDANT |
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No criminal record was found in our databank.
|
CIVIL LITIGATION CHECK -
SUBJECT COMPANY AS A PLAINTIFF |
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No plaintiff record was found in our databank.
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CRIMINAL RECORDS CHECK -
SUBJECT COMPANY AS A PLAINTIFF |
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No plaintiff record was found in our databank.
|
DEFAULTER CHECK AGAINST
SUBJECT |
* We have checked through the Subject in our defaulters' database which
comprised of debtors that have been listed by our customers and debtors that
have been placed or assigned to us for collection.
No defaulter record & debt collection case was found in our defaulters'
databank.
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RED ALERT FROM CENTRAL BANK
OF MALAYSIA |
* A check has been conducted
with the Central Bank of Malaysia whether the Subject has carried out any
illegal or suspicious financial activities.
The Subject has not been
carried out any illegal money services business without licence under the Money
Services Business Act 2011.
The Subject has not been
placed under the Financial Consumer Alert list by the Central Bank of Malaysia.
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INVESTOR ALERT BY SECURITIES
COMMISSION MALAYSIA & BURSA MALAYSIA |
* A check has been conducted
with the Securities Commission Malaysia whether the Subject has involved in any
unlicensed capital market activities under the Securities Laws and Bursa
Malaysia should the Subject is listed as Practice Note (PN) 17 or Guidance Note
(GN) 3.
The Subject has not been
carried out any unlicensed capital market activities.
PAYMENT RECORD
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SOURCES OF RAW MATERIALS: |
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Local |
: |
YES |
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Overseas |
: |
YES |
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Import Countries |
: |
ASIA,SINGAPORE |
The Subject refused to provide any name of trade/service supplier and we are
unable to conduct any trade enquiry. However, from financial historical data we
conclude that :
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OVERALL PAYMENT HABIT |
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Prompt 0-30 Days |
[ |
] |
Good 31-60 Days |
[ |
] |
Average 61-90 Days |
[ |
X |
] |
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Fair 91-120 Days |
[ |
] |
Poor >120 Days |
[ |
] |
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CLIENTELE
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Local |
: |
YES |
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Domestic Markets |
: |
MALAYSIA |
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Overseas |
: |
YES |
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Export Market |
: |
EUROPE |
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Credit Term |
: |
30 - 60 DAYS |
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Payment Mode |
: |
CHEQUES |
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Type of Customer |
: |
OIL & GAS
INDUSTRIES,PETROCHEMICAL INDUSTRIES |
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OPERATIONS
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Products manufactured |
: |
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Member(s) / Affiliate(s) |
: |
CHEMICAL INDUSTRIES COUNCIL
OF MALAYSIA (CICM) |
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Ownership of premises |
: |
OWNED |
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Total Number of Employees: |
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YEAR |
2018 |
2017 |
2016 |
2015 |
2014 |
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GROUP |
N/A |
N/A |
N/A |
N/A |
N/A |
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COMPANY |
800 |
800 |
750 |
700 |
700 |
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Branch |
: |
NO |
Other Information:
The Subject is principally engaged in the (as a / as an) manufacturing of oleochemical
products.
The Subject's three key products are PALMERA Refined Glycerine, PALMEROL Fatty
Alcohols, PALMERE Fractionated Methyl Esters and PALMFONATE Sulphonated Methyl
Esters ("SME").
The products are 100% vegetable oil based and produced from readily renewable
and sustainable natural resources.
The Subject's production were ranges from basic oleochemical products, such as
fatty acids, glycerine, fatty alcohols and fatty esters, all the way down the
spectrum to specialties, such as sulphonated methyl esters, surfactants and
phytonutrients.
Besides that, the Subject's products are used in diverse end-use applications,
including home & personal health care, cosmetics & toiletries, food,
flavors & fragrances, lubricants and industrial chemicals.
The Subject was produced a wide range of high quality sustainable oleochemical
products from natural renewable raw materials.
RECENT DEVELOPMENT
|
We have checked with the Malaysian National News Agency's (BERNAMA) database,
but no recent development was noted during the time of inspection.
CURRENT INVESTIGATION
|
Latest fresh investigations
carried out on the Subject indicated that :
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Telephone Number Provided By
Client |
: |
N/A |
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Current Telephone Number |
: |
03-31012633 |
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Match |
: |
N/A |
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Address Provided by Client |
: |
NO 25, JALAN SUNGAI PINANG
5/18, FASA 2D, TAMAN PERINDUSTRIAN PULAU INDAH 42920 PELABUHAN KLANG SELANGOR
DARUL EHSAN |
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Current Address |
: |
25, JALAN SUNGAI PINANG 5/18,
FASA 2D, TAMAN PERINDUSTRIAN PULAU INDAH, 42920 PULAU INDAH, SELANGOR,
MALAYSIA. |
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Match |
: |
NO |
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Latest Financial Accounts |
: |
YES |
Other Investigations
We have contacted one of the staff from the Subject and she provided some information.
The provided town is incorrect.
FINANCIAL ANALYSIS
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Profitability |
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Turnover |
: |
Increased |
[ |
2013 - 2017 |
] |
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Profit/(Loss) Before Tax |
: |
Increased |
[ |
2013 - 2017 |
] |
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Return on Shareholder Funds |
: |
Unfavourable |
[ |
(11.56%) |
] |
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Return on Net Assets |
: |
Unfavourable |
[ |
(7.83%) |
] |
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The Subject's turnover
increased steadily as the demand for its products / services increased due to
the goodwill built up over the years.Higher losses before tax during the year
could be due to the higher operating costs incurred. The Subject's
unfavourable returns on shareholders' funds indicate the management's
inefficiency in utilising its assets to generate returns. |
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Working Capital Control |
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Stock Ratio |
: |
Favourable |
[ |
47 Days |
] |
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Debtor Ratio |
: |
Favourable |
[ |
33 Days |
] |
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Creditors Ratio |
: |
Favourable |
[ |
9 Days |
] |
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The Subject's stocks were
moving fast thus reducing its holding cost. This had reduced funds being tied
up in stocks. The favourable debtors' days could be due to the good credit
control measures implemented by the Subject. The Subject had a favourable creditors'
ratio where the Subject could be taking advantage of the cash discounts and
also wanting to maintain goodwill with its creditors. |
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Liquidity |
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Liquid Ratio |
: |
Acceptable |
[ |
0.84 Times |
] |
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Current Ratio |
: |
Unfavourable |
[ |
1.18 Times |
] |
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The Subject's liquid ratio
was slightly low. This could indicate that the Subject's working capital was
slightly deficient. The Subject will have to improve its liquidity position either
by obtaining short term financing or increase its paid up capital so that it
can meet all its short term obligations as and when they fall due. |
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Solvency |
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Interest Cover |
: |
Unfavourable |
[ |
(2.07 Times) |
] |
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Gearing Ratio |
: |
Favourable |
[ |
0.37 Times |
] |
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The Subject incurred losses
in the year. It did not generate sufficient income to service its interest.
If the situation does not improve, the Subject may be vulnerable to default
in servicing the interest. The Subject was lowly geared thus it had a low
financial risk. The Subject was mainly financed by its shareholders' funds
and internally generated funds. In times of economic slowdown / downturn, the
Subject being a lowly geared company, will be able to compete better than
those companies which are highly geared in the same industry. |
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Overall Assessment : |
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Although the Subject's turnover
increased its profits however showed a reverse trend. The losses could be due
to the management's failure to maintain its competitiveness in the market.
The Subject's liquidity was at an acceptable range. If the Subject is able to
obtain further short term financing, it should be able to meet all its short
term obligations. The Subject's interest cover was negative, indicating that
it did not generate sufficient income to service its interest. If its result
does not show impressive improvements or succeed obtaining short term
financing or capital injection, it may not be able to service its interest
and repay the loans. The Subject as a lowly geared company, will be more
secured compared to those highly geared companies. It has the ability to meet
all its long term obligations. |
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Overall financial condition
of the Subject : LIMITED |
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MALAYSIA ECONOMIC / INDUSTRY OUTLOOK
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Major Economic Indicators: |
2014 |
2015 |
2016 |
2017* |
2018** |
|
Population ( Million) |
30.0 |
31.0 |
31.6 |
32.1 |
32.9 |
|
Gross Domestic Products ( %
) |
6.0 |
4.6 |
4.2 |
5.3 |
5.4 |
|
Domestic Demand ( % ) |
6.4 |
6.2 |
4.3 |
6.3 |
6.4 |
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Private Expenditure ( % ) |
7.9 |
6.9 |
7.8 |
7.4 |
7.3 |
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Consumption ( % ) |
6.5 |
6.1 |
5.1 |
6.9 |
6.8 |
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Investment ( % ) |
12.0 |
8.1 |
10.0 |
9.3 |
8.9 |
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Public Expenditure ( % ) |
2.3 |
4.2 |
3.3 |
5.3 |
5.5 |
|
Consumption ( % ) |
2.1 |
4.3 |
2.0 |
2.7 |
1.3 |
|
Investment ( % ) |
2.6 |
(1.0) |
1.1 |
3.4 |
3.8 |
|
Balance of Trade ( MYR
Million ) |
82,480 |
91,577 |
88,145 |
94,593 |
96,993 |
|
Government Finance ( MYR
Million ) |
(37,414) |
(37,194) |
(38,401) |
(39,887) |
(39,790) |
|
Government Finance to GDP /
Fiscal Deficit ( % ) |
(3.4) |
(3.2) |
(3.1) |
(3.0) |
(2.8) |
|
Inflation ( % Change in
Composite CPI) |
3.2 |
4.0 |
2.1 |
3.5 |
3.0 |
|
Unemployment Rate |
2.9 |
3.1 |
3.4 |
3.4 |
3.3 |
|
Net International Reserves (
MYR Billion ) |
428 |
441 |
451 |
450 |
423 |
|
Average Risk-Weighted Capital
Adequacy Ratio ( % ) |
4.00 |
3.50 |
- |
- |
- |
|
Average 3 Months of
Non-performing Loans ( % ) |
2.10 |
2.00 |
1.90 |
- |
- |
|
Average Base Lending Rate (
% ) |
6.85 |
6.79 |
6.81 |
6.73 |
- |
|
Business Loans Disbursed( %
) |
18.6 |
2.2 |
- |
- |
- |
|
Foreign Investment ( MYR
Million ) |
43,486.6 |
43,435.0 |
- |
- |
- |
|
Consumer Loans ( % ) |
- |
- |
- |
- |
- |
|
Registration of New
Companies ( No. ) |
49,203 |
45,658 |
43,255 |
47,871 |
- |
|
Registration of New
Companies ( % ) |
6.1 |
(7.2) |
(5.3) |
10.7 |
- |
|
Liquidation of Companies (
No. ) |
33,226 |
34,667 |
36,778 |
38,632 |
- |
|
Liquidation of Companies ( %
) |
0.5 |
4.3 |
6.1 |
5.0 |
- |
|
Registration of New Business
( No. ) |
332,723 |
364,230 |
376,720 |
484,029 |
- |
|
Registration of New Business
( % ) |
1.0 |
9.0 |
3.0 |
29.0 |
- |
|
Business Dissolved ( No. ) |
26,966 |
- |
- |
- |
- |
|
Business Dissolved ( % ) |
48.5 |
- |
- |
- |
- |
|
Sales of New Passenger Cars
(' 000 Unit ) |
588.3 |
591.3 |
514.6 |
527.8 |
- |
|
Cellular Phone Subscribers (
Million ) |
44.0 |
44.2 |
44.0 |
- |
- |
|
Tourist Arrival ( Million
Persons ) |
27.4 |
25.7 |
30.2 |
30.1 |
- |
|
Hotel Occupancy Rate ( % ) |
63.6 |
58.8 |
61.2 |
- |
- |
|
Credit Cards Spending ( % ) |
5.8 |
6.8 |
6.3 |
- |
- |
|
Bad Cheque Offenders (No.) |
- |
- |
- |
- |
- |
|
Individual Bankruptcy ( No.) |
22,351 |
18,457 |
19,588 |
18,227 |
- |
|
Individual Bankruptcy ( % ) |
1.7 |
(17.4) |
6.1 |
(7.0) |
- |
|
INDUSTRIES ( % of Growth ): |
2014 |
2015 |
2016 |
2017* |
2018** |
|
Agriculture |
2.0 |
1.3 |
(5.1) |
5.6 |
2.4 |
|
Palm Oil |
6.7 |
7.0 |
(12.7) |
11.8 |
- |
|
Rubber |
(10.4) |
(11.0) |
(6.3) |
10.8 |
- |
|
Forestry & Logging |
(4.2) |
(7.2) |
(3.0) |
(15.0) |
- |
|
Fishing |
2.7 |
2.1 |
2.2 |
0.2 |
- |
|
Other Agriculture |
6.2 |
6.0 |
5.1 |
2.4 |
- |
|
Industry Non-Performing
Loans ( MYR Million ) |
303.8 |
343.7 |
420.3 |
- |
- |
|
% of Industry Non-Performing
Loans |
1.4 |
1.5 |
1.8 |
- |
- |
|
Mining |
3.3 |
5.3 |
2.2 |
0.5 |
0.9 |
|
Oil & Gas |
3.0 |
3.5 |
4.5 |
- |
- |
|
Other Mining |
46.6 |
47.1 |
42.6 |
- |
- |
|
Industry Non-performing
Loans ( MYR Million ) |
63.5 |
180.1 |
190.0 |
- |
- |
|
% of Industry Non-performing
Loans |
0.3 |
0.8 |
0.8 |
- |
- |
|
Manufacturing # |
6.1 |
4.9 |
4.4 |
5.5 |
5.3 |
|
Exported-oriented Industries |
7.1 |
6.5 |
4.3 |
6.5 |
- |
|
Electrical & Electronics |
11.8 |
9.2 |
6.8 |
9.3 |
- |
|
Rubber Products |
(1.3) |
5.1 |
5.0 |
6.9 |
- |
|
Wood Products |
7.8 |
7.0 |
7.8 |
7.3 |
- |
|
Textiles & Apparel |
10.8 |
7.5 |
7.5 |
7.4 |
- |
|
Domestic-oriented Industries |
7.7 |
4.7 |
3.4 |
6.2 |
- |
|
Food, Beverages &
Tobacco |
6.1 |
8.9 |
7.5 |
11.0 |
- |
|
Chemical & Chemical
Products |
1.4 |
3.5 |
4.5 |
3.5 |
- |
|
Plastic Products |
2.7 |
3.9 |
5.1 |
- |
- |
|
Iron & Steel |
2.8 |
1.6 |
2.2 |
- |
- |
|
Fabricated Metal Products |
2.8 |
4.6 |
5.6 |
4.6 |
- |
|
Non-metallic Mineral |
6.9 |
6.8 |
6.3 |
5.4 |
- |
|
Transport Equipment |
14.4 |
5.2 |
(3.1) |
4.7 |
- |
|
Paper & Paper Products |
4.7 |
3.2 |
5.4 |
5.8 |
- |
|
Crude Oil Refineries |
13.0 |
14.3 |
13.7 |
- |
- |
|
Industry Non-Performing
Loans ( MYR Million ) |
5,730.8 |
4,243.7 |
4,214.1 |
- |
- |
|
% of Industry Non-Performing
Loans |
25.6 |
19.0 |
18.5 |
- |
- |
|
Construction |
11.7 |
8.2 |
7.4 |
7.6 |
7.5 |
|
Industry Non-Performing
Loans ( MYR Million ) |
1,666.4 |
1,638.0 |
1,793.9 |
- |
- |
|
% of Industry Non-Performing
Loans |
7.5 |
7.3 |
7.9 |
- |
- |
|
Services |
6.6 |
5.1 |
5.6 |
5.9 |
5.8 |
|
Electric, Gas & Water |
3.8 |
3.6 |
5.4 |
2.5 |
2.6 |
|
Transport, Storage &
Communication |
7.70 |
7.55 |
6.85 |
7.35 |
7.30 |
|
Wholesale, Retail, Hotel
& Restaurant |
7.70 |
6.65 |
6.65 |
7.05 |
6.65 |
|
Finance, Insurance &
Real Estate |
5.15 |
2.90 |
4.70 |
5.70 |
5.90 |
|
Government Services |
6.3 |
4.0 |
4.9 |
4.4 |
4.5 |
|
Other Services |
4.8 |
4.7 |
4.8 |
5.3 |
5.3 |
|
Industry Non-Performing
Loans ( MYR Million ) |
5,373.5 |
6,806.6 |
7,190.6 |
- |
- |
|
% of Industry Non-Performing
Loans |
24.1 |
30.5 |
31.5 |
- |
- |
|
* Estimate / Preliminary |
|||||
|
** Forecast |
|||||
|
# Based On Manufacturing
Production Index |
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INDUSTRY ANALYSIS
|
|
MSIC CODE |
|
|
20 : MANUFACTURE OF
CHEMICALS AND CHEMICAL PRODUCTS |
|
|
INDUSTRY : |
MANUFACTURING |
|
The manufacturing sector is
forecast to increase 5.3% in year 2018 (2017: 5.5%). Output of export-oriented
industries is projected to expand on account of sustained demand for E&E,
refined petroleum and woods products. Growth in the domestic-oriented
industries is anticipated to remain resilient supported by ongoing
construction of infrastructure projects as well as strong demand for consumer
products, especially food and transport equipment. |
|
|
Value added of the
manufacturing sector expanded further by 5.8% during the first half of 2017
(January – June 2016: 4.4%) with expansion across a wide range of outputs in
both the export- and domestic-oriented industries. During the first eight
months, production increased 6.4%, while sales rebounded significantly by
15.6% to RM500.2 billion (January – August 2016: 4%; -0.7%; RM432.8 billion).
Output of export-oriented industries rose 6.5% (January – August 2016: 4.3%)
led by an upturn in global electronics cycle and further enhanced by strong
demand for resource-based products. Meanwhile, domestic-oriented industries
expanded 6.2% (January – August 2016: 3.4%) benefiting from vibrant
consumption and construction activities. |
|
|
Within the export-oriented
industries, E&E output expanded 9.3% while sales surged 16.3% to RM169.5
billion (January – August 2016: 6.8%; 9%; RM145.8 billion). Growth emanated
mainly from the expansion in output of printed circuit boards, semiconductor
devices and electronic integrated circuits which strengthened further by
24.4%, 11.9% and 16.9% (January – August 2016: 11.9%; 5.9%; 15%),
respectively. This is in line with the trend in global semiconductor sales
which is expected to expand 11.5% in 2017, the highest level since 2010. On
the contrary, the output of computers and peripheral equipment contracted
7.7% (January – August 2016: 3.1%) as a result of lower demand for notebooks
and personal computers following rising preferences for smartphones and
tablets. Meanwhile, consumer electronics grew at a moderate pace of 2.6%
(January – August 2016: 5.3%) partly due to lower demand for in-car
entertainment, portable media players and digital cameras. |
|
|
Output of wood and wood
products grew 7.3% (January – August 2016: 7.8%). The growth was primarily
supported by output of sawmilling and planning of wood which expanded 14.7% (January
– August 2016: 16.8%) in response to strong demand from Australia, Japan and
the US. Meanwhile, production of wooden and cane furniture remained steady at
10.9% (January – August 2016: 10.9%), benefiting from greater adoption of
technology and diversification of export markets. |
|
|
Manufacture of food products
rose 11.2%, largely attributed to a significant increase in refined palm oil
at 26.1% (January – August 2016: 6.3%; -3.3%), following higher production of
CPO. Meanwhile, output of other food products grew 7% supported by production
of bread, cakes and other bakery (15.6%) as well as biscuits and cookies
(12%) to meet the rising demand from households (January – August 2016:
11.1%; 19.2%; 19.1%). |
|
|
For the year, the manufacturing
sector is projected to expand further by 5.5% (2016: 4.4%) mainly attributed
to an upturn in global semiconductor sales as well as higher demand for
consumer products and construction materials. |
|
|
OVERALL INDUSTRY OUTLOOK :
Marginal Growth |
|
CREDIT RISK EVALUATION & RECOMMENDATION
|
|
|
PROFIT AND LOSS ACCOUNT
|
|
THE FINANCIAL STATEMENTS WERE
PREPARED IN ACCORDANCE WITH MALAYSIAN FINANCIAL REPORTING STANDARDS(FRS) |
|
KL-KEPONG OLEOMAS SDN. BHD. |
|
Financial Year End |
2017-09-30 |
2016-09-30 |
2015-09-30 |
2014-09-30 |
2013-09-30 |
|
Months |
12 |
12 |
12 |
12 |
12 |
|
Consolidated Account |
GROUP |
GROUP |
GROUP |
GROUP |
GROUP |
|
Audited Account |
YES |
YES |
YES |
YES |
YES |
|
Unqualified Auditor's Report
(Clean Opinion) |
YES |
YES |
YES |
YES |
YES |
|
Financial Type |
FULL |
FULL |
FULL |
FULL |
FULL |
|
Currency |
MYR |
MYR |
MYR |
MYR |
MYR |
|
TURNOVER |
2,839,348,000 |
2,151,715,000 |
1,685,562,000 |
1,470,445,000 |
1,155,458,000 |
|
Other Income |
14,955,000 |
60,562,000 |
11,775,000 |
5,321,000 |
6,983,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Total Turnover |
2,854,303,000 |
2,212,277,000 |
1,697,337,000 |
1,475,766,000 |
1,162,441,000 |
|
Costs of Goods Sold |
(2,827,607,000) |
(2,100,246,000) |
(1,642,796,000) |
(1,363,650,000) |
(1,019,028,000) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Gross Profit |
26,696,000 |
112,031,000 |
54,541,000 |
112,116,000 |
143,413,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS) FROM
OPERATIONS |
(87,753,000) |
(7,041,000) |
(68,194,000) |
73,254,000 |
101,193,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS) BEFORE
TAXATION |
(87,753,000) |
(7,041,000) |
(68,194,000) |
73,254,000 |
101,193,000 |
|
Taxation |
374,000 |
(176,000) |
(1,008,000) |
(1,300,000) |
(1,178,000) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS) AFTER TAXATION |
(87,379,000) |
(7,217,000) |
(69,202,000) |
71,954,000 |
100,015,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
RETAINED PROFIT/(LOSS)
BROUGHT FORWARD |
|||||
|
As previously reported |
284,423,000 |
291,640,000 |
360,842,000 |
288,888,000 |
188,873,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
As restated |
284,423,000 |
291,640,000 |
360,842,000 |
288,888,000 |
188,873,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT AVAILABLE FOR
APPROPRIATIONS |
197,044,000 |
284,423,000 |
291,640,000 |
360,842,000 |
288,888,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
RETAINED PROFIT/(LOSS)
CARRIED FORWARD |
197,044,000 |
284,423,000 |
291,640,000 |
360,842,000 |
288,888,000 |
|
============= |
============= |
============= |
============= |
============= |
|
|
INTEREST EXPENSE (as per
notes to P&L) |
|||||
|
Bankers' acceptance |
11,058,000 |
12,828,000 |
13,074,000 |
5,655,000 |
3,161,000 |
|
Term loan / Borrowing |
- |
- |
- |
- |
606,000 |
|
Others |
17,516,000 |
14,518,000 |
9,155,000 |
3,567,000 |
2,075,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
28,574,000 |
27,346,000 |
22,229,000 |
9,222,000 |
5,842,000 |
|
|
============= |
============= |
============= |
============= |
============= |
|
|
DEPRECIATION (as per notes
to P&L) |
69,378,000 |
64,438,000 |
49,892,000 |
36,663,000 |
30,962,000 |
|
AMORTIZATION |
50,000 |
50,000 |
52,000 |
52,000 |
51,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Total Amortization And
Depreciation |
69,428,000 |
64,488,000 |
49,944,000 |
36,715,000 |
31,013,000 |
|
============= |
============= |
============= |
============= |
============= |
|
|
|
|
|
|
|
|
BALANCE SHEET
|
|
KL-KEPONG OLEOMAS SDN. BHD. |
|
ASSETS EMPLOYED: |
|||||
|
FIXED ASSETS |
979,584,000 |
1,062,427,000 |
1,074,894,000 |
969,023,000 |
773,969,000 |
|
LONG TERM INVESTMENTS/OTHER
ASSETS |
|||||
|
Others |
2,911,000 |
2,961,000 |
3,011,000 |
3,063,000 |
3,115,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL LONG TERM
INVESTMENTS/OTHER ASSETS |
2,911,000 |
2,961,000 |
3,011,000 |
3,063,000 |
3,115,000 |
|
INTANGIBLE ASSETS |
|||||
|
Own goodwill |
225,000 |
- |
- |
- |
- |
|
Goodwill on consolidation |
- |
225,000 |
225,000 |
225,000 |
225,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL INTANGIBLE ASSETS |
225,000 |
225,000 |
225,000 |
225,000 |
225,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL LONG TERM ASSETS |
982,720,000 |
1,065,613,000 |
1,078,130,000 |
972,311,000 |
777,309,000 |
|
CURRENT ASSETS |
|||||
|
Stocks |
246,350,000 |
346,748,000 |
381,030,000 |
311,373,000 |
219,841,000 |
|
Contract work-in-progress |
118,055,000 |
82,670,000 |
84,188,000 |
97,693,000 |
- |
|
Trade debtors |
259,508,000 |
277,507,000 |
211,209,000 |
149,470,000 |
157,325,000 |
|
Other debtors, deposits
& prepayments |
41,399,000 |
44,858,000 |
25,945,000 |
10,923,000 |
6,221,000 |
|
Short term deposits |
60,176,000 |
35,537,000 |
59,910,000 |
31,970,000 |
32,597,000 |
|
Amount due from holding
company |
140,000 |
- |
- |
- |
- |
|
Amount due from related
companies |
79,411,000 |
105,535,000 |
111,990,000 |
49,943,000 |
676,000 |
|
Cash & bank balances |
15,472,000 |
15,465,000 |
7,009,000 |
6,495,000 |
100,419,000 |
|
Others |
27,402,000 |
535,000 |
178,000 |
1,987,000 |
1,951,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
847,913,000 |
908,855,000 |
881,459,000 |
659,854,000 |
519,030,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL ASSET |
1,830,633,000 |
1,974,468,000 |
1,959,589,000 |
1,632,165,000 |
1,296,339,000 |
|
============= |
============= |
============= |
============= |
============= |
|
|
CURRENT LIABILITIES |
|||||
|
Trade creditors |
66,898,000 |
45,808,000 |
68,455,000 |
46,730,000 |
83,623,000 |
|
Other creditors &
accruals |
67,509,000 |
78,184,000 |
51,204,000 |
40,664,000 |
31,490,000 |
|
Short term borrowings/Term
loans |
- |
- |
- |
- |
8,720,000 |
|
Other borrowings |
- |
243,197,000 |
132,251,000 |
63,744,000 |
39,565,000 |
|
Bill & acceptances payable |
279,347,000 |
228,557,000 |
394,681,000 |
253,665,000 |
95,669,000 |
|
Amounts owing to holding
company |
4,774,000 |
760,000 |
1,916,000 |
4,288,000 |
445,000 |
|
Amounts owing to related
companies |
140,059,000 |
145,768,000 |
57,326,000 |
84,762,000 |
1,774,000 |
|
Provision for taxation |
- |
- |
8,000 |
7,000 |
162,000 |
|
Other liabilities |
157,222,000 |
24,048,000 |
66,090,000 |
7,581,000 |
3,687,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
715,809,000 |
766,322,000 |
771,931,000 |
501,441,000 |
265,135,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
NET CURRENT
ASSETS/(LIABILITIES) |
132,104,000 |
142,533,000 |
109,528,000 |
158,413,000 |
253,895,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
LONG TERM LIABILITIES |
|||||
|
Deferred taxation |
4,913,000 |
5,515,000 |
5,557,000 |
4,715,000 |
3,394,000 |
|
Others |
353,867,000 |
359,208,000 |
331,461,000 |
206,167,000 |
179,922,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL LONG TERM LIABILITIES |
358,780,000 |
364,723,000 |
337,018,000 |
210,882,000 |
183,316,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL NET ASSETS |
756,044,000 |
843,423,000 |
850,640,000 |
919,842,000 |
847,888,000 |
|
============= |
============= |
============= |
============= |
============= |
|
|
FINANCED BY: |
|||||
|
SHARE CAPITAL |
|||||
|
Ordinary share capital |
559,000,000 |
145,900,000 |
145,900,000 |
145,900,000 |
145,900,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL SHARE CAPITAL |
559,000,000 |
145,900,000 |
145,900,000 |
145,900,000 |
145,900,000 |
|
RESERVES |
|||||
|
Share premium |
- |
413,100,000 |
413,100,000 |
413,100,000 |
413,100,000 |
|
Retained profit/(loss)
carried forward |
197,044,000 |
284,423,000 |
291,640,000 |
360,842,000 |
288,888,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL RESERVES |
197,044,000 |
697,523,000 |
704,740,000 |
773,942,000 |
701,988,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
SHAREHOLDERS' FUNDS/EQUITY |
756,044,000 |
843,423,000 |
850,640,000 |
919,842,000 |
847,888,000 |
|
============= |
============= |
============= |
============= |
============= |
|
|
|
|
|
|
|
|
FINANCIAL RATIO
|
|
KL-KEPONG OLEOMAS SDN. BHD. |
|
TYPES OF FUNDS |
|||||
|
Cash |
75,648,000 |
51,002,000 |
66,919,000 |
38,465,000 |
133,016,000 |
|
Net Liquid Funds |
(203,699,000) |
(177,555,000) |
(327,762,000) |
(215,200,000) |
37,347,000 |
|
Net Liquid Assets |
(114,246,000) |
(204,215,000) |
(271,502,000) |
(152,960,000) |
34,054,000 |
|
Net Current
Assets/(Liabilities) |
132,104,000 |
142,533,000 |
109,528,000 |
158,413,000 |
253,895,000 |
|
Net Tangible Assets |
755,819,000 |
843,198,000 |
850,415,000 |
919,617,000 |
847,663,000 |
|
Net Monetary Assets |
(473,026,000) |
(568,938,000) |
(608,520,000) |
(363,842,000) |
(149,262,000) |
|
PROFIT & LOSS ITEMS |
|||||
|
Earnings Before Interest
& Tax (EBIT) |
(59,179,000) |
20,305,000 |
(45,965,000) |
82,476,000 |
107,035,000 |
|
Earnings Before Interest, Taxes,
Depreciation And Amortization (EBITDA) |
10,249,000 |
84,793,000 |
3,979,000 |
119,191,000 |
138,048,000 |
|
BALANCE SHEET ITEMS |
|||||
|
Total Borrowings |
279,347,000 |
471,754,000 |
526,932,000 |
317,409,000 |
143,954,000 |
|
Total Liabilities |
1,074,589,000 |
1,131,045,000 |
1,108,949,000 |
712,323,000 |
448,451,000 |
|
Total Assets |
1,830,633,000 |
1,974,468,000 |
1,959,589,000 |
1,632,165,000 |
1,296,339,000 |
|
Net Assets |
756,044,000 |
843,423,000 |
850,640,000 |
919,842,000 |
847,888,000 |
|
Net Assets Backing |
756,044,000 |
843,423,000 |
850,640,000 |
919,842,000 |
847,888,000 |
|
Shareholders' Funds |
756,044,000 |
843,423,000 |
850,640,000 |
919,842,000 |
847,888,000 |
|
Total Share Capital |
559,000,000 |
145,900,000 |
145,900,000 |
145,900,000 |
145,900,000 |
|
Total Reserves |
197,044,000 |
697,523,000 |
704,740,000 |
773,942,000 |
701,988,000 |
|
GROWTH RATIOS (Year on Year)
(%) |
|||||
|
Revenue |
31.96 |
27.66 |
14.63 |
27.26 |
(21.35) |
|
Proft/(Loss) Before Tax |
(1,146.31) |
89.68 |
(193.09) |
(27.61) |
158.61 |
|
Proft/(Loss) After Tax |
(1,110.74) |
89.57 |
(196.18) |
(28.06) |
172.33 |
|
Total Assets |
(7.28) |
0.76 |
20.06 |
25.91 |
9.36 |
|
Total Liabilities |
(4.99) |
1.99 |
55.68 |
58.84 |
(13.76) |
|
LIQUIDITY (Times) |
|||||
|
Cash Ratio |
0.11 |
0.07 |
0.09 |
0.08 |
0.50 |
|
Liquid Ratio |
0.84 |
0.73 |
0.65 |
0.69 |
1.13 |
|
Current Ratio |
1.18 |
1.19 |
1.14 |
1.32 |
1.96 |
|
WORKING CAPITAL CONTROL
(Days) |
|||||
|
Stock Ratio |
47 |
73 |
101 |
102 |
69 |
|
Debtors Ratio |
33 |
47 |
46 |
37 |
50 |
|
Creditors Ratio |
9 |
8 |
15 |
13 |
30 |
|
SOLVENCY RATIOS (Times) |
|||||
|
Gearing Ratio |
0.37 |
0.56 |
0.62 |
0.35 |
0.17 |
|
Liabilities Ratio |
1.42 |
1.34 |
1.30 |
0.77 |
0.53 |
|
Times Interest Earned Ratio |
(2.07) |
0.74 |
(2.07) |
8.94 |
18.32 |
|
Assets Backing Ratio |
1.35 |
5.78 |
5.83 |
6.30 |
5.81 |
|
PERFORMANCE RATIO (%) |
|||||
|
Operating Profit Margin |
(3.09) |
(0.33) |
(4.05) |
4.98 |
8.76 |
|
Net Profit Margin |
(3.08) |
(0.34) |
(4.11) |
4.89 |
8.66 |
|
Return On Net Assets |
(7.83) |
2.41 |
(5.40) |
8.97 |
12.62 |
|
Return On Capital Employed |
(5.31) |
1.68 |
(3.87) |
7.29 |
10.38 |
|
Return On Shareholders'
Funds/Equity |
(11.56) |
(0.86) |
(8.14) |
7.82 |
11.80 |
|
Dividend Pay Out Ratio (Times) |
0 |
0 |
0 |
0 |
0 |
|
NOTES TO ACCOUNTS |
|||||
|
Contingent Liabilities |
0 |
0 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 68.52 |
|
|
1 |
INR 90.60 |
|
Euro |
1 |
INR 79.87 |
|
SGD |
1 |
INR 50.42 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
SYL |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major sections
of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.