Company Globaltec Formation

Equities

GLOTEC

MYL5220OO008

Industrial Machinery & Equipment

End-of-day quote BURSA MALAYSIA 06:00:00 2024-07-08 pm EDT 5-day change 1st Jan Change
0.5 MYR -1.96% Intraday chart for Globaltec Formation 0.00% -16.67%

Business Summary

Globaltec Formation Berhad is engaged in investment holding activities. The Company operates through four segments: Integrated manufacturing services (IMS), Energy, Resources and Investment holding. The IMS segment includes automotive components design, manufacturing, precision machining, stamping, and tooling divisions. The services offered by IMS are precision machining, stamping, and tooling and automotive components design and manufacturing. The Energy segment is principally involved in the exploration and production of unconventional gas. The Resources segment is principally involved in the harvesting and selling of fresh fruit bunches of oil palm. The investment holding segment includes investments in subsidiaries and property. Its products include electric horn system, steering column & brake assembly, switches modules, supercharger system and others. The Company's subsidiaries include AIC Corporation Sdn Bhd, AutoV Corporation Sdn Bhd, Jotech Holdings Sdn Bhd and others.

Number of employees: 846

Sales per Business

MYR in Million2022Weight2023Weight Delta
Integrated Manufacturing Services
95.9 %
172 93.2 % 202 95.9 % +17.83%
Resources
4.1 %
13 6.8 % 9 4.1 % -30.80%

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
49.0 %
82 44.7 % 103 49.0 % +25.55%
Indonesia
30.4 %
55 29.7 % 64 30.4 % +17.09%
Singapore
8.1 %
22 11.9 % 17 8.1 % -21.65%
Thailand
7.6 %
14 7.4 % 16 7.6 % +17.58%
United States
1.8 %
4 1.9 % 4 1.8 % +4.53%
Other Countries
1.7 %
3 1.8 % 4 1.7 % +8.20%
China
1.5 %
5 2.6 % 3 1.5 % -35.08%

Managers

Managers TitleAgeSince
Director of Finance/CFO 50 13-10-31
Director/Board Member 66 12-03-27
Director/Board Member 54 12-03-27
Corporate Secretary - 22-08-24
Corporate Officer/Principal - 13-12-31
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Founder 63 11-07-14
Director/Board Member 70 12-03-27
Director/Board Member 54 12-03-27
Director/Board Member 66 12-03-27
Director/Board Member 48 12-03-27
Director/Board Member 67 20-11-30
Director/Board Member 46 23-05-29
Director/Board Member 50 23-01-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 269,120,000 121,345,220 ( 45.09 %) 0 45.09 %

Shareholders

NameEquities%Valuation
Pheim Asset Management Sdn. Bhd.
1.423 %
3,830,100 1.423 % 410 012 RM
Mackenzie Investments Corp. (United States)
0.0621 %
167,200 0.0621 % 17 899 RM

Company contact information

Globaltec Formation Bhd.

Menara Q Sentral No. 2A, Jalan Stesen Sentral 2

50470, Kuala Lumpur

+

http://www.globaltec.com.my
address Globaltec Formation(GLOTEC)
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