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supermax corp bhd (7106) Details

Supermax Corporation Berhad, an investment holding company, manufactures, distributes, and markets medical gloves in Malaysia. The company provides powdered and powder free latex examination, powder free nitrile examination, and latex surgical gloves. It is also involved in the trading of latex gloves; generation of biomass energy; property holding activities; and manufacture, sale, marketing, and distribution of related healthcare products. The company sells its products to laboratories, hospitals, pharmacists, doctors, and surgeons under the Supermax, Aurelia, Maxter, Medic-dent, and Supergloves brands. Supermax Corporation Berhad also exports its products to approximately 160 countries, including the United States, European Union, the Middle East, Asia, and the South Pacific countries. The company was founded in 1987 and is headquartered in Sungai Buloh, Malaysia.

Founded in 1987

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supermax corp bhd
Supermax Corporation Berhad Reports Unaudited Consolidated Earnings Results for the Quarter Ended September 30, 2016

Supermax Corporation Berhad reported unaudited consolidated earnings results for the quarter ended September 30, 2016. For the quarter, the company reported revenue of MYR 269,002,000. Profit before tax was MYR 26,488,000. Profit attributable to owners of the parent was MYR 19,537,000. Basic earnings per share were 2.89 sen. Net assets per share attributable to ordinary equity was MYR 1.5200.

Supermax Incorporates 70 % Owned Subsidiary in Japan Known as AIME Supermax K.K

The Board of Directors of Supermax announced that the Company has on 16 November 2016, incorporated a 70 % owned subsidiary in Japan known as AIME Supermax K.K. AIME Supermax was incorporated as a private limited company by shares in Japan with an authorised capital of JPY 100 million; and initial issued and paid up share capital of JPY 30,000 which will be increased to JPY 100 million. The remaining 30% equity interests in AIME Supermax are held by International Consulting of Business Management Corporation. The intended principal activity of AIME Supermax is to carry on business of importing, sales, marketing and distribution of contact lens and other related disposable and eyecare products for the Japanese market. AIME Supermax's management team will be headed by an experienced Japanese senior employee who has vast experience in the contact lens industry.

Supermax Corporation Berhad Approves Amendments to the Articles of Association

Supermax Corporation Berhad held its AGM on November 21, 2016 and approved the proposal amendments to the articles of association.

 

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