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AUT On Other Exchanges
Kuala Lumpur
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autoair holdings berhad (AUT) Snapshot

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autoair holdings berhad (AUT) Details

Autoair Holdings Berhad, an investment holding company, manufactures and markets automotive components and accessories primarily for original equipment manufacturers in Malaysia. The company operates through Manufacturing, Investment Holding, and Property Development segments. It offers filter driers, accumulators, condenser fan motors, blowers and radiator motors, expansion valves, and hose and fittings. The company also operates as an agent, distributor, dealer, importer, and exporter of various automotive air-conditioning components, accessories, and related products. In addition, it is involved in the development of properties. Autoair Holdings Berhad was founded in 1989 and is based in Batang Kali, Malaysia.

Founded in 1989

autoair holdings berhad (AUT) Top Compensated Officers

Group Managing Director, Executive Director a...
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Executive Director
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Company Secretary
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Compensation as of Fiscal Year 2015.

autoair holdings berhad (AUT) Key Developments

Autoair Holdings Berhad To Be Suspended From Bursa Malaysia Securities Berhad

Autoair Holdings Berhad has failed to submit its regularization plan to Bursa Malaysia Securities Berhad (Bursa Securities) for approval within the timeframe stipulated under paragraph 8.04(3)(a)(i) of the Bursa Securities Main Market Listing Requirements (Main LR) and the Company's application for a further extension of time to submit its regularization plan has been rejected by Bursa Securities. In the circumstances and pursuant to paragraph 8.04(5) of the Main LR:- the trading in the securities of the Company will be suspended with effect from February 11, 2015; and the securities of the Company will be de-listed on February 13, 2015 unless an appeal against the de-listing is submitted to Bursa Securities on or before February 10, 2015 (the Appeal Timeframe). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities. In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on February 13, 2015 shall be deferred pending the decision on the Company’s appeal. Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.

Autoair Holdings Berhad Announces Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014

Autoair Holdings Berhad announced unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported revenue of MYR 1,574,000 compared to MYR 3,491,000 a year ago. Operating income was MYR 35,000. Profit before tax was MYR 203,000 compared to MYR 155,000 a year ago. Profit attributable to equity holders of the company was MYR 203,000 or 0.46 sen per basic share compared to MYR 155,000 or 0.35 sen per basic share a year ago. Net cash used in operating activities was MYR 64,000 compared to net cash from operating activities of MYR 2,017,000 a year ago. Additions to property, plant and equipment was MYR 22,000.

Autoair Holdings Berhad, Annual General Meeting, Dec 16, 2014

Autoair Holdings Berhad, Annual General Meeting, Dec 16, 2014., at 10:00 Singapore Standard Time. Location: Kiara Room, Sri Damansara Club Berhad. Agenda: To receive the audited financial statements for the financial year ended June 30, 2014 and the reports of the directors and auditors thereon; to re-elect the directors who retire pursuant to article 92 of the company's articles of association; to re-appoint Messrs UHY as auditors of the company to authorize the board of directors to fix their remuneration; to consider authority to issue shares; to propose renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and to transact any other business for which due notice shall have been given in accordance with the company's articles of association and the companies act, 1965.


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