January 19, 2017 5:03 PM ET

Road and Rail

Company Overview of Ancom Logistics Berhad

Company Overview

Ancom Logistics Berhad, an investment holding company, engages in the transportation, warehousing, and chemical tank farm business in Malaysia and Singapore. It operates through two segments, Logistics and Other. The Logistics segment provides rental and transportation services; and freight forwarding, packaging, and crafting services. It owns and operates a fleet of 90 road and ISO tankers, as well as provides cross border bulk chemicals land transportation between Malaysia and Singapore. This segment also builds, owns, operates, leases, and manages a chemical tank farm that provides bulk storage facilities for liquid chemicals servicing petrochemical companies in West Port, Klang, Malaysia...

No. 2A, Jalan 13/2

Sek 13

Petaling Jaya,  46200

Malaysia

Founded in 1966

Phone:

60 3 7495 5000

Fax:

60 3 7495 5088

Key Executives for Ancom Logistics Berhad

Ancom Logistics Berhad does not have any Key Executives recorded.

Ancom Logistics Berhad Key Developments

Ancom Logistics Berhad Reports Unaudited Consolidated Earnings Results for the First Quarter Ended August 31, 2016

Ancom Logistics Berhad reported unaudited consolidated earnings results for the first quarter ended August 31, 2016. For the quarter, the company has posted revenue of MYR 7,846,000 against MYR 8,004,000 a year ago. Profit before tax was MYR 53,000 against MYR 665,000 a year ago. Loss attributable to ordinary holders of the company was MYR 446,000 or 0.09 sen basic per share against MYR 121,000 or 0.03 sen basic per share a year ago. Net cash used in operating activities was MYR 2,001,000 against net cash generated from operating activities of MYR 194,000 a year ago. Purchase of property, plant and equipment was MYR 622,000 against MYR 266,000 a year ago.

Ancom Logistics Berhad, Annual General Meeting, Oct 19, 2016

Ancom Logistics Berhad, Annual General Meeting, Oct 19, 2016, at 14:30 Singapore Standard Time. Location: Selangor 1 Ballroom, Dorsett Grand Subang Jalan SS 12/1, 47500 Subang Jaya Selangor Darul Ehsan Selangor Malaysia Agenda: To receive the audited financial statements, reports of the Directors and the Auditors thereon for the financial year ended 31 May 2016; to approve the payment of Directors' fees for the financial year ended 31 May 2016; to approve re-election of Directors; to approve re-appointment of Messrs BDO as Auditors of the Company and to authorise the Board of Directors to fix their remuneration; to approve proposed issuance of new ordinary shares of MYR 0.05 each pursuant to Section 132D of the Companies Act, 1965; to approve proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and to transact any other business.

Ancom Logistics Berhad Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended May 31, 2016

Ancom Logistics Berhad announced unaudited consolidated earnings results for fourth quarter and full year ended May 31, 2016. For the quarter, the company reported revenue of MYR 8,512,000, loss before taxation of MYR 751,000, loss attributable to equity holders of the company of MYR 403,000 or 0.09 sen per basic share, compared to the revenue of MYR 9,065,000, profit before taxation of MYR 154,000, loss attributable to equity holders of the company of MYR 446,000 or 0.09 sen per basic share, for the same quarter a year ago. For the year, the company reported revenue of MYR 32,683,000, loss before taxation of MYR 279,000, loss attributable to equity holders of the company of MYR 1,642,000 or 0.35 sen per basic share, net cash generated from operating activities of MYR 4,743,000, purchase of property, plant and equipment of MYR 396,000 compared to the revenue of MYR 32,253,000, profit before taxation of MYR 758,000, loss attributable to equity holders of the company of MYR 1,540,000 or 0.33 sen per basic share, net cash used in operating activities of MYR 4,581,000, purchase of property, plant and equipment of MYR 798,000 for the previous year.

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Recent Private Companies Transactions

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Merger/Acquisition
August 2, 2016
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