October 02, 2014 8:40 AM ET

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Company Overview of Hexagon Holdings Bhd

Company Overview

Hexagon Holdings Berhad, an investment holding company, provides inspection services for lead frames and wireless suspension blanks to customers in semiconductor industry. It also offers corporate services to companies. The company was founded in 1984 and is headquartered in Nilai, Malaysia.

PT 3266, Jalan AM 1

Arab-Malaysian Industrial Park

Nilai,  71800

Malaysia

Founded in 1984

Phone:

60 6 794 2000

Fax:

60 6 794 2020

Key Executives for Hexagon Holdings Bhd

Executive Chairman
Age: 61
Chief Financial Officer and Financial Controller
Chief Operating officer - Hexagon Shop System
Age: 59
Company Secretary
Chief Operating Officer of Hexagon Tower for Malaysia Thailand Philippines and Executive Director
Age: 58
Compensation as of Fiscal Year 2014.

Hexagon Holdings Bhd Key Developments

Hexagon Holdings Bhd, Annual General Meeting, Jun 26, 2014

Hexagon Holdings Bhd, Annual General Meeting, Jun 26, 2014., at 09:00 Singapore Standard Time. Location: Function Room Putra 1 (Golf Main Building-1st Floor) Nilai Springs Resort Hotel. Agenda: To receive the audited financial statements for the financial year ended 31 December 2013 and the Reports of Directors and Auditors thereon; to approve the payment of Directors' fees of MYR 192,720 for the financial year ended December 31, 2013; to re-elect Mr. Low Kwee Beng as Director who retires pursuant to Article 80 of the company's Articles of Association; to re-appoint BDO as the Auditors of the company for the ensuing year and to authorise the Directors to fix their remuneration; to authority to issue share Pursuant to Section 132D of the Companies Act, 1965; to consider the reelection of directors; and to transact any other business of which due notice shall have been given in accordance with the Companies Act, 1965.

Hexagon Holdings Bhd Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Hexagon Holdings Bhd reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. The company reported revenue of MYR 744,000, loss from operations of MYR 119,000, loss before tax of MYR 819,000, loss attributable to equity holders of parent of MYR 819,000 or 0.42 sen per diluted share against revenue of MYR 756,000, loss from operations of MYR 226,000, loss before tax of MYR 838,000, loss attributable to equity holders of parent of MYR 838,000 or 0.43 sen per diluted share a year ago. Net cash from operating activities was MYR 13,000 and Purchase of property, plant and equipment was MYR 2,000. As a result of consistent product loading by the main customer, the group's revenue for current quarter of MYR 0.74 million was comparable to last corresponding period.

Bursa Securities Suspends Securities Of Hexagon Holdings Bhd; Defers Delisting Of Securities Pending Hearing Of Appeal

With reference to the announcements made on May 5, 2014 and May 12, 2014, the Board of Directors of Hexagon Holdings Bhd announced that that Bursa Malaysia Securities Berhad (Bursa Securities) had vide its letter dated May 14, 2014 notified the company that pursuant to paragraph 8.04(7) of the Bursa Securities Main Market Listing Requirements, where there is an appeal submitted, Bursa Securities shall stay the de-listing of the securities of the company pending consideration of the appeal. However, Bursa Securities shall suspend the trading of the company’s securities on the next market day after five (5) market days from the date of notification of suspension by Bursa Securities even though the decision of the appeal is still pending. Hence, the securities of the company will be suspended with effect from May 14, 2014, as communicated earlier in the letter from Bursa Securities dated May 5, 2014. However, in view of the appeal, the de-listing of the company’s securities on May 16, 2014 will be deferred pending hearing of the appeal which will be notified in due course.

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