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Last 0.38 MYR
Change Today 0.00 / 0.00%
Volume 0.0
AMAL On Other Exchanges
Kuala Lumpur
As of 3:45 AM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

amalgamated indl steel bhd (AMAL) Snapshot

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02/25/15 - 0.40
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amalgamated indl steel bhd (AMAL) Details

Amalgamated Industrial Steel Berhad, together with its subsidiaries, manufactures and sells steel-related products in Malaysia and internationally. The company is also involved in the manufacture and sale of stainless steel pipes and fittings; and trading of construction related materials. It offers black welded steel and galvanized industrial pipes, as well as square and rectangular hollow tubes and conduits. The company’s products include black plain ends, galvanized plain ends, and galvanized threads and couplings; welded carbon steel tubes; square and rectangular hollow sections; and galvanized pipes. Its products are used in water piping, sprinkler and firefighting, civil engineering, fencing, hand railing, oil and gas supply, sewage and drainage piping, etc.; mild steel cement lined pipes; machinery, automobiles, bicycles, appliances, and other machines parts, as well as gates, windows grills, metal furniture, door handles, etc.; architecture, steel towels, scaffoldings, piles, struts, and other structures; staircase, bus shelters, bollards, signage, door frames, metal furniture, metal grills and gates, etc.; structural usages and piping; and general structural usages. In addition, the company offers welded austenitic stainless steel pipes, welded stainless steel mechanical ornamental tubing, welded stainless steel pattern and water tubes, austenitic stainless steel butt welded pipe fittings, and stainless steel screwed-end fittings. Its products are used in pharmaceutical industries, petrol-chemical plants, oil refinery plants, pulp and paper processing lines, and general food processing lines; and architectural, decorative, and plumbing system applications, as well as for joining industrial pipes and threaded water tubes. Amalgamated Industrial Steel Berhad was incorporated in 1969 and is based in Shah Alam, Malaysia.

Founded in 1969

amalgamated indl steel bhd (AMAL) Top Compensated Officers

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amalgamated indl steel bhd (AMAL) Key Developments

Amalgamated Industrial Steel Berhad, Annual General Meeting, Jun 18, 2015

Amalgamated Industrial Steel Berhad, Annual General Meeting, Jun 18, 2015., at 11:00 Singapore Standard Time. Location: Lot 11A, Jalan Utas 15/7. Agenda: To receive the audited financial statements for the financial year ended 31 December 2014 together with the directors and auditors reports thereon; to approve the payment of directors' fees for the financial year ended 31 December 2014; to reappoint Tuan Haji Fauzi Bin Mustapha, Encik Sulaiman Bin Salleh and Lim Yew Boon as directors of the company; to re-appoint Messrs Crowe Horwath as auditors of the company for the ensuing year and to authorize the directors to fix their remuneration; to consider authority for directors to allot and issue shares in the company pursuant to section 132D of the Companies Act; and to consider and approve other business.

Amalgamated Industrial Steel Berhad Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Amalgamated Industrial Steel Berhad announced consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported loss attributable to owners of parent of MYR 1,233,492 or 0.93 sen basic loss per share on revenue of MYR 19,556,945 compared to loss attributable to owners of parent of MYR 370,400 or 0.33 sen basic loss per share on revenue of MYR 23,958,647 for the corresponding period last year. Loss before tax was MYR 1,684,433 against MYR 367,366 for the corresponding period last year. Loss from operations was MYR 1,139,651 against profit from operations of MYR 191,911 for the corresponding period last year. Loss from ordinary activities before tax was MYR 1,684,433 against MYR 367,366 for the corresponding period last year. Net loss for the period was MYR 1,233,492 against MYR 370,400 for the corresponding period last year. Net cash from operating activities was MYR 4,386,789 against MYR 10,124,225 for the corresponding period last year. Purchase of property, plant and equipment was MYR 118,000 against MYR 64,000 for the corresponding period last year. The drop in sales was attributable to the continuing sluggish market condition in first quarter of 2015.

Amalgamated Industrial Steel Berhad Seeks Acquisitions

Ronnie Lim Yew Boon, Executive Director of Amalgamated Industrial Steel Berhad (KLSE:AISB) said, that the company will be looking at options like acquisition and joint venture to expand in the property development business.


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