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Last 1.20 MYR
Change Today -0.03 / -2.44%
Volume 45.4K
WENG On Other Exchanges
Kuala Lumpur
As of 4:06 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

wz satu bhd (WENG) Snapshot

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52 Week High
10/20/14 - 2.90
52 Week Low
08/25/15 - 1.11
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wz satu bhd (WENG) Details

WZ Satu Berhad, an investment holding company, manufactures and trades in steel products in Malaysia and internationally. It operates in the Manufacturing, Trading and Investment, and Construction segments. The company manufactures and processes cold drawn bright steel shafts and related steel products, as well as trades in angle bars, flat bars, pipe, channels, M.S. plates, steel beams, etc. It is also involved in the construction and civil engineering, and renewable energy businesses; production and processing of bauxite, as well as trading in mineral resources; precision engineering primarily for the oil and gas sector; and provision of the power generation and power solutions to oil and gas industry and power sector. The company was formerly known as WZ Steel Berhad and changed its name to WZ Satu Berhad in October 2013. WZ Satu Berhad was incorporated in 2004 and is based in Seri Kembangan, Malaysia.

Founded in 2004

wz satu bhd (WENG) Top Compensated Officers

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Executives, Board Directors

wz satu bhd (WENG) Key Developments

WZ Satu Berhad Announces Unaudited Consolidated Earnings Result for the Third Quarter Ended May 31, 2015

WZ Satu Berhad announced unaudited consolidated earnings result for the third quarter ended May 31, 2015. For the quarter, the company reported revenue from continuing operations of MYR 92,162,000 against MYR 238,432,000 a year ago. Profit from continuing operations was MYR 3,582,000 or 2.14 sen per diluted share against MYR 9,687,000 or 5.95 sen per diluted share a year ago. Profit before tax was MYR 8,100,000 against MYR 20,252,000 a year ago. Profit after tax was MYR 6,705,000 against MYR 17,114,000 a year ago. Net profit attributable to equity holders of the company was MYR 4,349,000 or 1.39 sen per diluted share against MYR 14,938,000 or 5.18 sen per diluted share a year ago. Net cash generated from operating activities was MYR 2,874,000 and purchase of property, plant and equipment was MYR 15,609,000.

Wz Satu Berhad Announces Re-Designation of Dato' Ir William Tan Chee Keong as Senior Executive Director and Chief Operating Officer

WZ Satu Berhad announced the re-designation of Mr. Dato' Ir William Tan Chee Keong as Senior Executive Director and Chief Operating Officer from the previous position of Executive Director of the company with effect from July 2, 2015. Dato Ir. William Tan Chee Keong is a member of The Institution of Engineers, Malaysia and registered Professional Engineer. Dato' William started his career in Jabatan Kerja Raya and worked there from 1980 to 1984. Dato' William joined the Road Builder Group in 1992 as a Senior Project Manager (later Project Director) and he was involved in leading a team to complete several large-scale construction contracts and infrastructure developments.

WZ Satu Berhad Announces the Re-Designation of Tan Ching Kee as Senior Executive Director

WZ Satu Berhad announced the re-designation of Mr. Tan Ching Kee was re-designated as Senior Executive Director from the previous position of Managing Director of the company with effect from 2 July 2015. He started his own steel company in 1985.


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