January 30, 2015 2:00 AM ET

Hotels, Restaurants and Leisure

Company Overview of Reliance Pacific Bhd

Company Overview

Reliance Pacific Berhad, an investment holding company, provides travel and tour, coach hire, and other related services in Malaysia, Australia, and internationally. The company operates in three divisions: Hotel, Property, and Tourism. The Hotel division develops and manages hotels; manages resorts; operates and manages spa and health centre; and provides management services for hotel suites and service apartments; property marketing and management services; and management and advisory consultancy services for hotel, property, and tourism industry. The Property division develops hotels, resorts, and properties; develops and manages tourism related projects; and operates a marina club, inclu...

Unit E-3-1

Level 3, Block E

Southgate Commercial Centre

No. 2, Jalan Dua, Off Jalan Chan Sow Lin

Kuala Lumpur,  55200

Malaysia

Phone:

60 3 2730 9969

Fax:

60 3 2730 9978

Key Executives for Reliance Pacific Bhd

Reliance Pacific Bhd does not have any Key Executives recorded.

Reliance Pacific Bhd Key Developments

Reliance Pacific Bhd Appoints See Ah Sing as Director and Independent & Non Executive

Reliance Pacific Bhd appointed See Ah Sing as Director and Independent & Non Executive, effective November 28, 2014. He has served in various ministries including the Ministry of Housing, Economic Planning Unit and Ministry of Finance. He was the Chief Executive Officer of Pantai Fomema for 3 years. He was also an executive director of Protasco Berhad. He has since worked as a freelance consultant in business development, M&A and strategic planning.

Reliance Pacific Bhd Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Reliance Pacific Bhd announced unaudited consolidated earnings results for the second quarter and six months ended September 30, 2014. For the second quarter, the company reported revenue of MYR 42,536,000 against MYR 65,537,000 a year ago. Profit before tax was MYR 195,000 against MYR 763,000 a year ago. Profit for the period was MYR 78,000 against MYR 669,000 a year ago. Profit attributable to owners of the parent was MYR 94,000 against MYR 446,000 a year ago. Basic earnings per share were 0.01 send against 0.05 sen a year ago. For the six months, the company reported revenue of MYR 85,011,000 against MYR 112,929,000 a year ago. Profit before tax was MYR 580,000 against MYR 1,424,000 a year ago. Profit for the period was MYR 327,000 against MYR 1,201,000 a year ago. Profit attributable to owners of the parent was MYR 417,000 against MYR 884,000 a year ago. Basic earnings per share were 0.05 send against 0.10 sen a year ago. Net cash flows generated from operating activities was MYR 12,908,000 against MYR 12,262,000 a year ago. Purchase of property, pland and equipment was MYR 757,000 against MYR 758,000 a year ago.

Reliance Pacific Appoints Tan Sin Chong as Non-Executive Director

Reliance Pacific has appointed Tan Sin Chong as Non-Executive Director. The effective date is October 17, 2014.

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