August 17, 2017 12:08 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, acetylene, carbon dioxide, hydrogen, and helium; 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, such as iron and steel, chemical, oil and gas, healthcare, pharmaceutical, electronics, food, metal fabrication, shipbuilding, manufacturing, building and construction, and other industries. In addition, the compa...

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 expected to report Q2 2017 results on August 16, 2017. This event was calculated by Capital IQ (Created on May 20, 2017).

SIG Gases Berhad expected to report Q2 2017 results on August 16, 2017. This event was calculated by Capital IQ (Created on May 20, 2017).

SIG Gases Berhad Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Reports Write Off of Property, Plant and Equipment for the First Quarter Ended March 31, 2017

SIG Gases Berhad announced unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the year, the company reported revenue of MYR 18,155,000 against MYR 19,049,000 a year ago. Profit before tax was MYR 1,861,000 against MYR 4,058,000 a year ago. Profit after tax and total comprehensive income for the period was MYR 1,348,000 against MYR 3,114,000 a year ago. Basic and diluted earnings per share were 0.72 sen against 1.66 sen a year ago. Net assets per share attributable to ordinary equity holders of the company were MYR 0.66. Net cash generated from operating activities was MYR 3,032,000 against MYR 5,967,000 a year ago. Purchase of property, plant and equipment was MYR 624,000 against MYR 1,165,000 a year ago. The shortfall in revenue was largely attributed to lower sale of acetylene gas and liquid nitrogen due to lower project jobs in the current quarter. For the quarter, the company reported write off of property, plant and equipment was MYR 36,000 against MYR 19,000 a year ago.

SIG Gases Berhad, Annual General Meeting, May 19, 2017

SIG Gases Berhad, Annual General Meeting, May 19, 2017, at 12:00 Singapore Standard Time. Location: Diamond 5, Level 10, Holiday Villa Johor Bahru City Centre, No. 260, Jalan Dato' Sulaiman Taman Abad Johor Bahru Johor Malaysia Agenda: To receive the audited financial statements of the company and of the group for the financial year ended 31 December 2016 and the reports of the directors and auditors thereon; to approve the payment of a first and final single-tier dividend of 1.2 sen per share in respect of the financial year ended 31 December 2016; to approve the payment of directors' fees of MYR 302,190 for the financial year ending 31 December 2017; to approve the payment of directors' benefits up to an amount of MYR 42,000 from 1 January 2017 to the 9th annual general meeting of the company; to consider re-election of directors; to re-appoint Mr. Lim Tin Teng @ Lim Jit Teng, who retires at the conclusion of this 8th annual general meeting, as a director of the company; to re-appoint Ernst & Young as auditors of the company for the financial year ending 31 December 2017 and to authorize the board of directors to fix their remuneration; and to consider other issues.

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