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July 04, 2015 3:24 PM ET

Containers and Packaging

Company Overview of Luster Industries Bhd

Company Overview

Luster Industries Bhd., an investment holding company, manufactures and sells precision plastic parts and components in Malaysia, Australia, the United Kingdom, Singapore, and internationally. It operates through two segments, Contract Manufacturing and Others. The company is involved in the design and fabrication of moulds and dies; and manufacture of high precision plastic mechanisms, mobile garbage bins, and medical sharp boxes. It also engages in the sub-assembly and full assembly of plastic parts and products, and provision of its related services. In addition, the company offers contract manufacturing services, including plastic injection moulding process for precision and high precisi...

Plot 36 & 37 Jalan PKNK Utama

Kawasan Perusahaan Sungai Petani

Sungai Petani,  08000

Malaysia

Founded in 1986

Key Executives for Luster Industries Bhd

Luster Industries Bhd does not have any Key Executives recorded.

Luster Industries Bhd Key Developments

Luster Industries Bhd, Special/Extraordinary Shareholders Meeting, Jun 22, 2015

Luster Industries Bhd, Special/Extraordinary Shareholders Meeting, Jun 22, 2015., at 11:30 Singapore Standard Time. Location: Park Avenue Hotel. Agenda: To propose renewal of shareholders' mandate involving the company and its subsidiaries with Durachem (Penang) Sdn Bhd, Gem Spektra Sdn Bhd, Premierpath Sdn Bhd and Shun Fa Technology.

Luster Industries Bhd Announces Audited Group and Company Earnings Results for the Full Year Ended December 31, 2014

Luster Industries Bhd announced audited group and company earnings results for the full year ended December 31, 2014. For the year, on group basis, the company reported revenue of MYR 101,582,868 against MYR 143,462,597 a year ago. Operating profit was MYR 1,996,211 against MYR 9,448,380 a year ago. Profit before tax was MYR 1,744,086 against MYR 8,817,044 a year ago. Profit for the year, representing total comprehensive income attributable to owners of the parent was MYR 611,809 or 0.03 sen diluted per share against MYR 3,091,523 or 0.17 sen diluted per share a year ago. Net cash from operating activities was MYR 99,899 against MYR 8,757,426 a year ago. Purchase of property, plant and equipment was MYR 8,194,073 against MYR 8,100,867 a year ago. For the year, on company basis, it reported revenue of MYR 2,820,000 against MYR 1,596,000 a year ago. Operating loss was MYR 4,977,366 against MYR 2,058,285 a year ago. Loss before tax was MYR 4,977,366 against MYR 2,469,002 a year ago. Loss for the year, representing total comprehensive income attributable to owners of the parent was MYR 5,274,320 against MYR 2,864,916 a year ago. Net cash used in operating activities was MYR 305,233 against MYR 1,208,743 a year ago. Purchase of property, plant and equipment was MYR 1,142,575.

Luster Industries Bhd, Annual General Meeting, Jun 22, 2015

Luster Industries Bhd, Annual General Meeting, Jun 22, 2015., at 11:00 Singapore Standard Time. Location: Park Avenue Hotel, E-1, Jalan Indah Dua, Taman Sejati Indah. Agenda: To receive the Directors' Report and Audited Financial Statements for the financial year ended 31 December 2014 together with the Auditors' Report thereon; to approve the increase in Directors' fees and the payment of Directors' fees of MYR 360,000 for the financial year ending 31 December 2015; to consider board re-elections; to re-appoint Messrs Grant Thornton as Auditors of the Company for the ensuing year and to authorize the Directors to fix their remuneration; to authorize directors to issue shares; and to transact any other business of which due notices shall have been given in accordance with the Companies Act, 1965.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 14, 2014
Exzone Plastics Manufacturer Sdn. Bhd.
 

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