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shangri-la hotels (mal) bhd (5517) Details

Shangri–La Hotels (Malaysia) Berhad, an investment holding company, operates hotels and beach resorts in Malaysia. The company operates through Hotels, Resorts, and Golf Course; and Investment Properties segments. It operates a portfolio of Shangri-La Hotel Kuala Lumpur, Hotel Jen Penang, Rasa Sayang Resort, Golden Sands Resort, and Rasa Ria Resort. The company also operates a golf course and club house; and provides commercial laundry services. In addition, it engages in the property management and investment activities, including rental of offices, shop lots, apartments, and car parks. The company is based in Batu Ferringhi, Malaysia. Shangri-La Hotels (Malaysia) Berhad is a subsidiary of Hoopersville Limited.

2,400 Employees
Last Reported Date: 04/26/17

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shangri-la hotels (mal) bhd
Shangri-La Hotels (Malaysia) Berhad Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017

Shangri-La Hotels Malaysia Bhd announced unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of MYR 130,136,000 against MYR 135,265,000 a year ago. Operating profit was MYR 26,608,000 against MYR 26,591,000 a year ago. Profit before tax was MYR 28,253,000 against MYR 30,313,000 a year ago. Profit attributable to shareholders of the company was MYR 19,403,000 or 4.41 sen basic per share against MYR 18,932,000 or 4.30 sen basic per share a year ago. Net cash inflow from operating activities was MYR 25,275,000 against MYR 24,783,000 a year ago. Purchase of property, plant and equipment was MYR 41,000,000 against MYR 3,245,000 a year ago. Net asset per ordinary share attributable to shareholders of the company was MYR 2.43. Revenue by 4% primarily reflecting a decline in revenue at Shangri-La Hotel Kuala Lumpur and Hotel Jen Penang as a result of major renovations. Net profit attributable to shareholders rose by 2% mainly due to a significantly lower net unrealised foreign exchange translation loss of MYR 1.388 million on the group's US dollar loans to its associates versus a net loss of MYR 9.186 million the previous year.

Shangri-La Hotels (Malaysia) Berhad Proposes Final Single Tier Dividend for the Financial Year Ended December 31, 2016

Shangri-La Hotels (Malaysia) Berhad, at its annual general meeting to be held on May 18, 2017 will propose a final single-tier dividend of 11 sen per share for the year ended December 31, 2016.

Shangri-La Hotels (Malaysia) Berhad, Annual General Meeting, May 18, 2017

Shangri-La Hotels (Malaysia) Berhad, Annual General Meeting, May 18, 2017, at 10:00 Singapore Standard Time. Location: Sabah Room, B2 Level Shangri-La Hotel Kuala Lumpur, 11 Jalan Sultan Ismail 50250 Kuala Lumpur Malaysia Agenda: To receive the report of the Directors and audited financial statements for the year ended 31 December 2016 and the Auditors' report thereon; to approve the payment of a final single-tier dividend; to approve the payment of Directors' fees; to re-elect Directors; to re-appoint Messrs KPMG PLT as Auditors; and to consider continuation of Independent Non-Executive Directors.


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