Last 0.77 MYR
Change Today 0.00 / 0.00%
Volume 0.0
CIC On Other Exchanges
Kuala Lumpur
As of 4:22 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

central industrial corp bhd (CIC) Snapshot

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52 Week High
05/2/14 - 0.82
52 Week Low
08/27/13 - 0.42
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central industrial corp bhd (CIC) Details

Central Industrial Corporation Berhad, together with its subsidiaries, engages in the manufacture, trading, and sale of self-adhesive label stocks and tapes primarily in Malaysia, Asia, Australia, the United States, and Europe. Its adhesive tapes comprise masking tapes, double sided foam tapes, double sided coated tapes, siliconised kraft paper tapes, cloth tapes, aluminum foil tapes, cellulose tapes, OPP packing tapes, OPP stationery tapes, OPP laminating tapes, paper gummed tapes, plate mounting tapes, and PVC insulating tapes. The company’s label stocks include brown kraft paper labels, mirrokote paper labels, and printing paper labels; aluminum foil paper labels, daylight flourescent paper labels, thermal paper labels, and tissue paper labels; OPP film labels, polyester film labels, and white soft PVC labels; and brittle labels and cenic synthetic paper labels. Its products are primarily used in packaging, advertising, general labeling, and identification applications. The company sells its pressure sensitive adhesive tapes under the brand names of Apollo and CIC. It exports its products to Australia, Hong Kong, China, Taiwan, Korea, Japan, New Zealand, ASEAN countries, India, Sri Lanka, Africa, Canada, and European countries. Central Industrial Corporation Berhad was incorporated in 1972 and is headquartered in Sungai Petani, Malaysia.

Founded in 1972

central industrial corp bhd (CIC) Top Compensated Officers

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Executives, Board Directors

central industrial corp bhd (CIC) Key Developments

Central Industrial Corporation Berhad Proposes Final Single-Tier Dividend for the Financial Year Ended December 31, 2013

Central Industrial Corporation Berhad proposed the payment of a final single-tier dividend of 1.75% for the financial year ended December 31, 2013, at the annual general meeting to be held on June 25, 2014.

Central Industrial Corporation Berhad, Annual General Meeting, Jun 25, 2014

Central Industrial Corporation Berhad, Annual General Meeting, Jun 25, 2014., at 10:00 Indian Standard Time. Location: The Royale 1 & 2, The Royale Chulan Damansara, No. 2, Jalan PJU 7/3. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2013 together with the Reports of the Directors and Auditors thereon; to approve the payment of a Final Single-tier Dividend of 1.75% for the financial year ended 31 December 2013; to approve the payment of Directors' fees of MYR 146,000.00 for the financial year ended 31 December 2013; to re-elect directors; to re-appoint auditors; and to transact any other business.

Central Industrial Corporation Berhad Recommends Single Tier Final Dividend for the Financial Year Ended December 31, 2013, Payable on July 09, 2014; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

The Board of Directors of Central Industrial Corporation Berhad recommended a single tier final dividend of 1.75% in respect of the financial year ended December 31, 2013 for the shareholders' approval in the forthcoming Annual General Meeting. The entitlement date is on June 26, 2014 and payment date for the single tier final dividend is on July 09, 2014. The company reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of MYR 16,173,000 against MYR 14,649,000 a year ago. Profit from operating activities was MYR 75,000 against MYR 75,000 a year ago. Profit before tax was MYR 67,000 against MYR 75,000 a year ago. Profit for the period attributable to owners of the company was MYR 67,000 or 0.15 sen per basic and diluted share against MYR 88,000 or 0.19 sen per basic and diluted share a year ago. Net cash used in operating activities was MYR 1,867,000 against net cash from operating activities of MYR 1,212,000 a year ago. Acquisition of property, plant & equipment was MYR 75,000 against MYR 20,000 a year ago. The higher revenue registered in the current quarter under review was mainly due to increase in overall Group's sales as a result of higher selling price and volume. The Group registered lower profit before tax due to higher operating costs incurred in the current quarter under review. The Group recorded profit before tax of MYR 0.067 million in the current quarter as compared to MYR 0.909 million recorded in the immediate preceding quarter. The significant decreased in profit before tax was mainly due to other operating income from insurance claim arising from the fire incident in the preceding quarter.


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