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July 30, 2015 4:28 AM ET

Chemicals

Company Overview of SIG Gases Berhad

Company Overview

SIG Gases Berhad, an investment holding company, manufactures, refills, and distributes industrial gases in Malaysia. It provides various industrial gases, including oxygen, nitrogen, argon, carbon dioxide, acetylene; special and purified gases, and gas mixtures; bulk liquefied gases; medical gases; and refrigerant products. The company also offers gas-related services equipment, etc., as well as gas analysis and testing services. It serves various industries comprising iron and steel, chemical, oil and gas, medical, pharmaceutical, electronics, metal, semiconductor, power utility, environment, etc. The company is based in Senai, Malaysia.

PLO137, Kawasan Perindustrian Senai III

Senai,  81400

Malaysia

Phone:

60 7 598 3863

Fax:

60 7 598 3869

Key Executives for SIG Gases Berhad

SIG Gases Berhad does not have any Key Executives recorded.

SIG Gases Berhad Key Developments

SIG Gases Berhad Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

SIG Gases Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the period, the company has posted revenue of MYR 16,296,000 against MYR 15,838,000 a year ago. Profit before tax was MYR 1,262,000 against MYR 838,000 a year ago. Profit attributable to equity holders of the company was MYR 872,000 or 0.47 sen basic and diluted per share against MYR 1,736,000 or 1.16 sen basic and diluted per share a year ago. Net cash used in operating activities was MYR 3,959,000 against net cash generated from operating activities of MYR 921,000 a year ago. Purchase of property, plant and equipment was MYR 3,213,000 against MYR 1,210,000 a year ago.

SIG Gases Berhad, Annual General Meeting, May 08, 2015

SIG Gases Berhad, Annual General Meeting, May 08, 2015., at 12:00 Singapore Standard Time. Location: Grand Paragon Hotel Johor Bahru, Level 1. Agenda: To receive the audited financial statements of the company and of the Group for the financial year ended 31 December 2014 and the reports of the Directors and Auditors thereon; to approve the payment of a first and final dividend of 0.7 sen per share under single-tier system in respect of the financial year ended 31 December 2014; to approve the directors' fees of MYR 274,440 for the year ending 31 December 2015; to re-elect the directors who retire by rotation; to re-appoint Messrs. Ernst & Young as the company's auditors for the ensuing year and to authorize the board of directors to fix their remuneration; to approve authority to issue shares; to approve proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and to approve other matters.

SIG Gases Berhad Proposes First and Final Dividend for the Year Ended December 31, 2014

The board of directors of SIG Gases Berhad announced that the company is proposing a first and final dividend of 0.7 sen per share under single-tier system in respect of the financial year ended December 31, 2014, subject to the shareholders' approval at the forthcoming annual general meeting. The payment date and entitlement date of the Final Dividend will be determined at a later date.

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