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Last 0.26 MYR
Change Today +0.005 / 1.96%
Volume 201.9K
As of 3:55 AM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

hiap teck venture bhd (HTVB) Snapshot

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10/27/14 - 0.74
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hiap teck venture bhd (HTVB) Details

Hiap Teck Venture Berhad, an investment holding company, manufactures, rents, and distributes steel pipes, hollow sections, scaffolding equipment, accessories, and other steel products primarily in Malaysia. The company operates in four segments: Trading, Manufacturing, Property and Investment, and Transportation. Its steel pipes and related products comprise black welded steel pipes, furniture tubes, and conduit pipes; channels, which include mild steel lipped and hot-dipped galvanized lipped channels; sections, including square and rectangular hollow sections; and sheets comprising galvanized iron sheets, mild steel plates from coils, mild steel chequered plates from coils, and cold rolled sheets. The company also offers various services, which include design drawings, technical advice and support, on-site assistance, and stock delivery planning, as well as provides solutions in scaffolding and formwork engineering. In addition, it undertakes scaffolding works; involved in the wholesale of industrial, construction, and related machinery and equipment; and operates as an importer, exporter, and general dealer of steel products, hardware, and building materials. Further, the company engages in the transportation of goods by lorries; and investment and rental of properties. It serves infrastructure, oil and gas, construction, furniture, water reticulation, power plant, and ship building industries. Hiap Teck Venture Berhad was incorporated in 1993 and is headquartered in Klang, Malaysia.

Founded in 1993

hiap teck venture bhd (HTVB) Top Compensated Officers

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hiap teck venture bhd (HTVB) Key Developments

Hiap Teck Venture Bhd Announces Final Dividend in Respect of Financial Year Ended July 31, 2015, Payable on January 27, 2016

Hiap Teck Venture Bhd announced the payment of the single tier final dividend of 0.3 sen in respect of the financial year ended July 31, 2015 is subject to the approval of the shareholders at the Nineteenth Annual General Meeting of Hiap Teck Venture Berhad to be convened on December 15, 2015. Payment date is on January 27, 2016 with ex-date on January 6, 2016 and entitlement date on January 8, 2016.

Hiap Teck Venture Bhd Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended July 31, 2015

Hiap Teck Venture Bhd reported unaudited consolidated earnings results for the fourth quarter and full year ended July 31, 2015. For the quarter, the company reported net loss attributable to owners of the parent of MYR 68,659,000 or 9.55 sen per diluted share on revenue of MYR 314,002,000 compared to net profit attributable to owners of the parent of MYR 10,651,000 on revenue of MYR 284,172,000 reported in the same period last year. Loss from operations was MYR 29,665,000 against profit from operations of MYR 13,654,000 reported last year. Loss before taxation was MYR 64,650,000 against profit before taxation of MYR 8,870,000 reported last year. For the year, the company reported net loss attributable to owners of the parent of MYR 77,085,000 or 10.78 sen per diluted share on revenue of MYR 1,257,619,000 compared to net profit attributable to owners of the parent of MYR 45,565,000 on revenue of MYR 1,110,490,000 reported in the same period last year. Profit from operations was MYR 25,335,000 against MYR 75,755,000 reported last year. Loss before taxation was MYR 66,440,000 against profit before taxation of MYR 49,851,000 reported last year. Net cash generated from operating activities was MYR 80,421,000 against MYR 122,866,000 reported last year. Purchase of property, plant and equipment was MYR 10,546,000 against MYR 5,305,000 reported last year.

Hiap Teck Venture Bhd Appoints Sun Yanmin as Non Independent and Non Executive Director

Hiap Teck Venture Bhd announced the appointment of Mr. Sun Yanmin as Non Independent and Non Executive Director. Effective from 29 June 2015. Present worked as the assistant of Chief of China Shougang International Trade & Engineering Corporation (CSGI) Investment Management Department and also as head of the Domestic Investment Project Management Office of Investment Management Department, assisting the Chief to administer the Domestic Project Management Office and taking charge of research on corporate development strategies as well as development planning, evaluation of potential investment projects, preliminary affairs and routine management.


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