July 30, 2016 9:48 PM ET

Real Estate Management and Development

Company Overview of Tiger Synergy Berhad

Company Overview

Tiger Synergy Berhad, an investment holding company, engages in the property development and construction businesses in Malaysia. The company operates through Manufacturing, Trading, and Property Development segments. It is involved in the trading of plywood, furniture parts and accessories, wood based panels, and other related products; and building materials and general trading business. The company also manufactures furniture parts and accessories, wood based products, and ready mix products. In addition, it engages in the property management and investment activities. The company was formerly known as Minply Holdings (M) Berhad and changed its name to Tiger Synergy Berhad in July 2010. T...

Wisma Hwa Lian

No 482, Ground Floor

Jalan Zamrud 6

Taman Ko-op

Seremban,  70200

Malaysia

Phone:

60 6 767 9353

Fax:

60 6 763 7202

Key Executives for Tiger Synergy Berhad

Tiger Synergy Berhad does not have any Key Executives recorded.

Tiger Synergy Berhad Key Developments

Tiger Synergy Appoints Low Boon Chin as Nomination Committee Directorate Independent and Non Executive Composition of Nomination Committee

Tiger Synergy appointed Low Boon Chin as Nomination Committee Directorate Independent and Non Executive Composition of Nomination Committee, effective from 24 May 2016.

Tiger Synergy Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Mar. 31, 2016

Tiger Synergy Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended Mar. 31, 2016. For the quarter, the company reported loss from operations of MYR 1,747,000, loss before tax of MYR 2,133,000 and loss for the period of MYR 2,145,000 or 0.15 sen per basic share on revenue of MYR 1,612,000 against loss from operations of MYR 1,152,000, loss before tax of MYR 1,244,000 and loss for the period of MYR 1,244,000 or 0.16 sen per basic share on revenue of MYR 183,000 for the same period of last year. For the quarter under review, the Group recorded a pre-tax loss increase due to lower revenue and gross profit margin pending launching of major new housing projects. The current period revenue is derived mainly from the manufacturing, property development and construction division. For the nine months, the company reported loss from operations of MYR 2,132,000, loss before tax of MYR 2,644,000 and loss for the period of MYR 2,656,000 or 0.15 sen per basic share on revenue of MYR 8,213,000 against loss from operations of MYR 1,829,000, loss before tax of MYR 2,121,000 and loss for the period of MYR 2,121,000 or 0.27 sen per basic share on revenue of MYR 15,052,000 for the same period of last year. Net cash used in operating activities was MYR 42,599,000 against MYR 15,223,000 for the same period of last year. Purchase of property, plant and equipment was MYR 657,000 against MYR 3,847,000 for the same period of last year.

Tiger Synergy Berhad Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended Dec. 31, 2015

Tiger Synergy Berhad announced unaudited consolidated earnings results for second quarter and six months ended Dec. 31, 2015. For the quarter, the company reported revenue of MYR 2,406,000, loss from operation of MYR 1,046,000, loss before tax of MYR 1,131,000, loss after tax and profit attributable to equity holders of the company of MYR 1,131,000 or 0.14 sen per basic share, compared to the revenue of MYR 14,553,000, profit from operation of MYR 2,000, loss before tax of MYR 184,000, loss after tax and profit attributable to equity holders of the company of MYR 184,000 or 0.02 sen per basic share, for the same quarter a year ago. For the year to date, the company reported revenue of MYR 6,601,000, loss from operation of MYR 385,000, loss before tax of MYR 511,000, loss after tax and profit attributable to equity holders of the company of MYR 511,000 or 0.06 sen per basic share, net cash used in operating activities of MYR 10,374,000, purchase of ptoperty, plant and equipment of MYR 657,000 compared to the revenue of MYR 14,869,000, loss from operation of MYR 677,000, loss before tax of MYR 877,000, loss after tax and profit attributable to equity holders of the company of MYR 877,000 or 0.11 sen per basic share, net cash used in operating activities of MYR 14,695,000, purchase of ptoperty, plant and equipment of MYR 3,847,000 for the same period a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 6, 2016
BPE Synergy Engineering Sdn Bhd.
 

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