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malayan united industries bh (3891) Details

Malayan United Industries Berhad, an investment holding company, is engaged in retailing, hotels, food and confectionery, financial services, and properties businesses. It operates 209 stores in the United Kingdom and the Republic of Ireland, 5 stores in France, and franchises 286 stores in 32 countries worldwide under the Laura Ashley brand; and markets its products through licensing, e-commerce, and mail order. The company operates 8 department stores and 74 specialty stores under the Reject Shop, East India Company, Somerset Bay, Cape Cod, and Living Quarters names in Malaysia; develops and markets in-house brands, such as Passages, Emanuelle, and Zona; and operates 10 Laura Ashley’s franchised and concessionaire stores. It also owns and operates nine hotels and two restaurants in the United Kingdom, as well as two hotels in Malaysia under the Corus brand. In addition, the company is involved in the development of residential homes and commercial properties in the Bandar Springhill township; and sale of oil palm fresh fruit bunches. Further, it offers stockbroking and asset management services. Malayan United Industries Berhad was incorporated in 1960 and is based in Kuala Lumpur, Malaysia.

Founded in 1960

malayan united industries bh (3891) Top Compensated Officers

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malayan united industries bh (3891) Key Developments

Malayan United Industries Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Malayan United Industries Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported revenue of MYR 117,965,000 against MYR 119,754,000 a year ago. Profit from operations was MYR 8,432,000 against MYR 12,020,000 a year ago. Loss before taxation was MYR 14,859,000 against profit before taxation of MYR 261,000 a year ago. Loss attributable to equity holders of the company was MYR 21,824,000 against MYR 2,309,000 a year ago. Loss per share attributable to equity holders of the company basic and fully diluted was 0.74 sen against 0.08 sen a year ago. For the nine months, the company reported revenue of MYR 332,095,000 against MYR 350,270,000 a year ago. Profit from operations was MYR 18,590,000 against MYR 29,729,000 a year ago. Loss before taxation was MYR 24,209,000 against profit before taxation of MYR 7,202,000 a year ago. Loss attributable to equity holders of the company was MYR 38,181,000 against MYR 3,076,000 a year ago. Loss per share attributable to equity holders of the company basic and fully diluted was 1.30 sen against 0.10 sen a year ago. Net cash generated from operating activities was MYR 60,015,000 against MYR 28,639,000 a year ago. Purchase of property, plant and equipment were MYR 21,408,000 against MYR 18,699,000 a year ago.

Malayan United Industries Berhad Announces Change of Fiscal Year

The Board of Directors of Malayan United Industries Berhad has resolved to change the financial year end of the company from 31 December to 30 June. As a result of this change, the next audited financial statements of the company shall be for a period of 18 months from January 1, 2015 to June 30, 2016 and thereafter 30 June for each subsequent year.

Malayan United Industries Appoints Chin Suan Yong as Joint Company Secretary

Malayan United Industries has appointed Chin Suan Yong as Joint Company Secretary. The effective date is September 04, 2015.


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