March 06, 2015 3:12 AM ET

Specialty Retail

Company Overview of Naza Group of Companies

Company Overview

Naza Group of Companies imports and distributes luxury automobiles. It also engages in property development, motorbikes, hospitality, food and beverages, finance and insurance, manufacturing, research and creative solutions, transportation and logistics, and agriculture businesses. In addition, the company operates as a used and reconditioned car trader. Naza Group of Companies was founded in 1975 and is based in Kuala Lumpur, Malaysia.

Menara Naza

No. 115

Jalan Raja Muda Abdul Aziz

Kampung Baru

Kuala Lumpur,  50300

Malaysia

Founded in 1975

Phone:

60 3 2617 7888

Fax:

60 3 2681 8928

Key Executives for Naza Group of Companies

Chairman of the Board and Chief Executive Officer
Compensation as of Fiscal Year 2014.

Naza Group of Companies Key Developments

Naza TTDI Seeks Reverse Takeover Candidate

Naza TTDI Sdn Bhd is looking to undertake an asset injection exercise in a listed vehicle to pave the way for a reverse takeover (RTO), according to sources. Market sources say Naza Group of Companies has set certain criteria in the search for an ideal candidate - preferably a listed company on Bursa Malaysia; it can be a company of any size but has to have a clean balance sheet and be financially sound. "It cannot be a financially distressed company that needs to be restructured. The group doesn't want to be a white knight," says a source. An RTO exercise would enable Naza Group to tap the capital market to fund the mega project going forward.

Naza Group and 1901 Hotdogs Mull IPO

Naza Group of Companies and 1901 Hotdogs are intended to list on stock exchange. Naza Group and 1901 Hotdogs want to reconsider sharing profits with the public in 2013 or 2014. Naza Group announced its intention to list its property unit, Naza TTDI Sdn Bhd, as early as in 2012 but the group must have been wary of the volatile stock market.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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