It was subsequently converted to a public company on 10 december 1982 and assumed its present name. Atlan holdings berhad operates in the department stores sector. They say atlan was hoping to secure a high teen earnings multiple valuation for the subsidiarys initial public offering ipo. Atlan group means the companies within the company and its subsidiaries.
Jul 19, 2019 atlan mulls over listing its automotive subsidiary on hong kong stock exchange kuala lumpur july 19. It was listed on the second board of bursa malaysia securities berhad in 1996, and subsequently transferred to the main market in 2009. Subscribe to our rss feeds and get the latest bursa malaysia news delivered directly to your desktop. Atlan holdings bhd is a malaysiabased investment holding company. Chua siew chuan, cosecretary at atlan holdings bhd. The principal activities of atlan are investment holding and the provision of management, financial, technical and other ancillary services, while its subsidiaries are. Atlan holdings bhd what investment opportunity did it.
Atlan holdings berhad atlan, 7048 is listed on bursa malaysia, klse. My including stock quotes, financial news, historical charts, company background, company fundamentals, company financials, insider trades, annual reports and historical prices in the company factsheet. Atlan holdings bhd business profile with financial and. Atlan holdings is currently proposing a placement of about 38 mln shares that represent up to 15% of its issued and paid up capital of about 253 mln shares. In line with this commitment, the whistleblowing policy the policy aims to provide an avenue for employees to raise genuine concerns, provided the whistleblower acts in good faith. In addition to historical fundamental analyses, the complete report available to purchase compares atlan holdings berhad with three other department stores in asia.
Uih is an investment holding company and its subsidiaries are. Operating in malaysia through its subsidiaries, the company is engaged in the business segments of. Atlan holdings bhd company profile malaysia financials. Listing of asd international holdings limited on the growth enterprise market of the stock exchange of hong kong limited by way of placing. Atlan holdings bhd company profile and news bloomberg. Atlan holdings bhd can it equal last years profit this year. Dividends paid to noncontrolling interests of subsidiaries 20,7 9,039 dividends paid to ordinary.
Click on the orange rss button to go to the subscribe page. Atlan mulls over listing its automotive subsidiary on hong kong stock exchange. Stock overview for atlan holdings bhd atlan, 7048 on bursa malaysia including stock price, stock chart, shareholding changes, company news, key. It offers an insightful overview of the companys structure and recent operations, includes swot analysis, highlights product and service offerings, covers the latest important corporate actions and financial results. A whollyowned subsidiary company of sabah ports sdn bhd 4th floor. Location atlan holdings bhd 17th floor menara atlan, 161b, jalan ampang kuala lumpur 50450 malaysia. Atlan holdings says it might list subsidiary united industries holdings on the.
Dnex, yinson, leweko, atlan, willowglen, gadang, ock, only. Atlan holdings bhd 17th floor, menara atlan 161b, jalan ampang 50450 kuala lumpur phone. Menara atlan 161b jalan ampang 17th floor kuala lumpur, wilayah perseketuan federal territory 50450 phone. This board charter of the company is established to provide guidance and clarity for the board and the management with regard to the role of the board and its committees, the requirements of directors in carrying out their. Dividends paid to noncontrolling interests of subsidiaries 15,098 dividends paid to ordinary shareholders of the company 25,365. Sources told the edge that if the company went public amid the current weak investment sentiment owing to uncertainties caused by the longdrawnout uschina trade conflict, protests in hong kong and the covid19.
Atlan holdings bhd ahb and its subsidiary companies the group are committed to quality, honesty, openness and accountability. Dividends paid to noncontrolling interests of subsidiaries 20,7 9,039 dividends paid to ordinary shareholders of the company 40,584 31,706. You can find the company financial results, quartery results for the past 5 years on bursa insights. The first agreement was completed in march 20 and has resulted in a net gain after tax of rm 115. In july last year, atlan announced that it was exploring the possibility of listing united industries holdings sdn bhd uih on the growth. Atlan holdings bhd fundamental company report including. Atlan holdings bhd is exploring the possibility of listing its subsidiary, united industries holdings sdn bhd, on the growth enterprise market of the stock exchange of hong kong. Atlan was incorporated in 1988 as a private limited company as atlan holdings sdn. Acquisition of up to approximately 25% equity interest in dfz capital berhad a subsidiary of duty free international limited listed on sgx and atlan holdings bhd listed on bursa malaysia 24 mar 2016. In july last year, atlan announced that it was exploring the possibility of listing united industries holdings sdn bhd uih on the growth enterprise market of the stock exchange of hong kong. In a filing with bursa malaysia today, atlan said the details of the proposed listing have yet to be determined, but that it is envisaged that the groups automotive division will continue to. Atlan holdings bhd company profile and news bloomberg markets.
Atlan holdings bhd atlan or the group was incorporated in 1988 as a private limited company as atlan holdings sdn bhd. United industries is an investment holding company and its subsidiaries are principally involved in the manufacturing, marketing and distribution of automotive component. Company website annual report company announcements. Atlan 7048, atlan holdings bhd market watch the star. Dividends paid to noncontrolling interests of subsidiaries 15,098 dividends paid to ordinary shareholders of the company 25,365 interest paid 1,7841,105.
Upon completion of the agreement, selasih ekslusif sdn bhd, a subsidiary of atlan holdings, will start a 25year tenancy over certain premises within the duty free zone. Atlan holdings bhd has put plans to spin off its automotive subsidiary and list it on the hong kong stock exchange on the backburner, according to people familiar with the matter. Atlan holdings berhad is an investment holding company which provides management, financial, technical, and other ancillary services. Nagano tokyu department store company limited of japan 2019 sales of 18. Atlan holdings bhd can it equal last years profit this. Atlan holdings bhd business profile with financial and swot analysis provides access to trustworthy data on the company and its performance, presenting an allaround view. Winnen was responsible for carrying out the strategies and policies as established by the board of directors of dfz capital sdn bhd and overseeing the operations and business development of the duty free business of dfz capital sdn bhd and its subsidiaries in malaysia. Operating in malaysia through its subsidiaries, the company is engaged in the business segments of trading of dutyfree and nondutiable merchandise, autocomponents manufacturing, and property investment and hospitality. Financial values in the chart are available after atlan holdings bhd report is purchased. In line with good corporate governance practices, the board, management and employees of atlan holdings bhd atlan or the company and its subsidiaries collectively referred to as the group have made a commitment to create a corporate culture within the group to operate the businesses of the group in an ethical manner and to uphold the highest standards of professionalism and exemplary corporate conduct.
It manufactures, markets, sells, and distributes exhaust systems, plastic fuel tanks, and automotive and industrial filters, as well as brake, fuel, and clutch tubing, and other automotive component parts and wheel barrows. The subsidiaries are engaged in property investment, resort development. Emis company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets. It said the primary aim of this placement is not for funding, but to comply with bursas 25% minimum public spread of its shares. Atlan said to put automotive units ipo plan on hold. Atlan is listed on bursa malaysia and its subsidiaries are involved in a wide array of businesses in dutyfree trading and retailing, property development, investment and. Kl stock quote, history, news and other vital information to help you with your stock trading and investing. Chua siew chuan is cosecretary at atlan holdings bhd. Atlan holdings bhd has put plans to spin off its automotive subsidiary. Atlans subsidiary, united industries holdings sdn bhd ui together with its subsidiaries the ui group, is currently one of the market leaders in manufacturing metallic tubes, fuel filler neck, fuel tanks modules, metal stamping parts and subassembly of instrument panels in the automotive industry in malaysia.
Duty free international company profile markets insider. In a filing with bursa malaysia today, atlan said the details of the proposed listing have yet to be determined, but that it is envisaged that the groups automotive division will continue to remain as a subsidiary of. Operating in malaysia through its subsidiaries, the company is engaged in the business segments of investment holding, property and hospitality. Ended ended ended ended note 31aug17 31aug16 31aug17 31aug16. Atlan holdings is exploring the possibility of listing its subsidiary, united industries holdings sdn bhd, on the growth enterprise market of the stock exchange of hong kong. The presence of chua siew chuans profile does not indicate a business or promotional relationship of any kind between relsci. Atlan holdings bhd is an investment holding company. The company provides management, financial, technical and other ancillary services. Commercial credit report for atlan holdings bhd report. Ended ended ended ended note 31may17 31may16 31may17 31may16. Sharing platform, green technology solutions, internet of things iot solutions, big data analytics, financial technology, and others. Chargeman bo job atlan holdings bhd in kuala lumpur. Dec, 2014 upon completion of the agreement, selasih ekslusif sdn bhd, a subsidiary of atlan holdings, will start a 25year tenancy over certain premises within the duty free zone.