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July 30, 2015 11:48 AM ET

Hotels, Restaurants and Leisure

Company Overview of Brahim's Holdings Berhad

Company Overview

Brahim’s Holdings Berhad, an investment holding company, engages in in-flight catering, restaurant, warehousing and logistics, and sugar refinery businesses in Malaysia. The company operates in four segments: Warehouse Rental, Freight Forwarding and Transportation Services, Trading, and Insurance Agency; Food and Beverage; Catering Services; and Investment Holding. It offers in-flight services at the Kuala Lumpur International Airport and Penang International Airport to international and MAS national carrier; and provides cabin handling services, such as laundry services for pillows and blankets, and filling the cabin trolley with items for in-flight sales, as well as providing passenger hea...

Menara Hap Seng

7-05, 7th Floor

Jalan P. Ramlee

Kuala Lumpur,  50250

Malaysia

Phone:

60 3 2072 0730

Fax:

60 3 2072 0732

Key Executives for Brahim's Holdings Berhad

Brahim's Holdings Berhad does not have any Key Executives recorded.

Brahim's Holdings Berhad Key Developments

Brahim's Holdings Bhd Announces Earnings Results for the First Quarter Ended March 31, 2015

Brahim's Holdings Bhd announced earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s pre-tax profit declined to MYR 5.51 million from MYR 11.59 million in the same quarter last year. The company said the decline in earnings resulted largely from continuing concessions given to Malaysia Airlines Bhd (MAS) under the settlement agreement dated Feb. 26, 2015. Revenue also decreased to MYR 85.73 million from MYR 92.47 million previous year.

Brahim's Holdings Berhad, Annual General Meeting, Jun 16, 2015

Brahim's Holdings Berhad, Annual General Meeting, Jun 16, 2015., at 10:30 Singapore Standard Time. Location: Café Barbera, 18, Lorong Maarof. Agenda: To receive the audited financial statements of the company for the financial year ended 31 December 2014 together with the reports of the directors and auditors thereon; to approve the payment of Directors' fees for the financial year ended 31 December 2014; to re-elect Directors; to re-appoint auditors and to authorise the Directors to fix their remuneration; to consider the authority to issue shares; to approve the re-appointment of directors; and to transact any other business for which due notice has been given in accordance with the Companies Act, 1965.

Malaysia Airlines Signs Cheaper, Shorter Catering Contracts with Brahim's Holdings Berhad to Cut Costs

Malaysia Airlines sealed two cheaper and shorter catering agreements with Brahim's Holdings Bhd, as the national carrier looks to cut costs in its restructuring drive. The separate contracts covering wide-body and narrow-body planes are expected to save the carrier 20%-25% in catering costs compared with the previous agreement, and are set to run for an initial five years. The contracts, which begin on a transitional basis from May 10 with full terms taking effect by Sept. 1, allows for a five-year renewal - subject to strict conditions for Brahim's to adhere to. The previous contract was for 25 years. The carrier is seeking to emerge as a new company by July 1, hoping to put behind it the hit to both brand and profits from last year's disappearance of flight MH370 and the shooting down of flight MH17 over war-torn Ukraine.

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