Last 2.28 MYR
Change Today -0.01 / -0.44%
Volume 23.4K
MFCB On Other Exchanges
Kuala Lumpur
As of 4:50 AM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

mega first corp bhd (MFCB) Snapshot

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01/8/14 - 2.48
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08/28/13 - 1.71
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mega first corp bhd (MFCB) Details

Mega First Corporation Berhad, an investment holding company, is engaged in the power generation, limestone quarrying, and property development and investment businesses primarily in Malaysia and China. The company operates in three segments: Power, Resources, and Property. The Power segment builds, owns, and operates power plants, including Shaoxing Plant, a coal-fired heat and power plant; Tawau Plant, a diesel-fuelled power plant in Tawau, Sabah; and Don Sahong Hydropower Project. The Resources segment is involved in quarrying of limestone; and manufacture and trading of calcium carbonate powder, lime based products, and calcium silicate bricks. The Property segment is engaged in property development and property investment primarily in residential and commercial buildings. The company also engineers, designs, and manufactures automotive; trades in light emitting diode for lighting purposes; manufactures and trades in labels and printed products; and manufactures packaging materials. In addition, it is involved in the sand mining, car park operation, property management, and desktop publishing businesses, as well as operates as a contractor for operation and maintenance of power plants. The company was incorporated in 1966 and is based in Petaling Jaya, Malaysia.

Founded in 1966

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mega first corp bhd (MFCB) Key Developments

Mega First Corp. Bhd Appoints Pengiran Saifuddin Bin Pengiran Tahir as Independent & Non Executive Director

Mega First Corp. Bhd announced the appointment of Pengiran Saifuddin bin Pengiran Tahir as Independent & Non Executive Director on August 15, 2014. Encik Pengiran Saifuddin was appointed Managing Director of Sabah Urban Development Corporation Sdn Bhd in 2010 before moving on to Sabah Economic Development Corporation (SEDCO) to take up his current position as Group General Manager in December 2013.

Mega First Corp. Bhd Announces Unaudited Consolidated Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Fiscal 2014

Mega First Corp. Bhd announced unaudited consolidated results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue was MYR 168,825,000 against MYR 133,920,000 a year ago. Profit from operations was MYR 32,760,000 against MYR 31,293,000 a year ago. Profit before tax was MYR 31,657,000 against MYR 30,428,000 a year ago. Profit after tax attributable to owners of the company was MYR 15,634,000 against MYR 16,044,000 a year ago. Diluted earnings per share were 6.99 sen against 7.18 sen a year ago. Net cash from operating activities was MYR 31,942,000 against MYR 26,389,000 a year ago. Purchase of property, plant and equipment was MYR 9,190,000 against MYR 3,826,000 a year ago. Barring unforeseen circumstances, the board expects the results for the remaining quarters of 2014 to be satisfactory.

Mega First Corporation Berhad Announces Resignation of Maisuri Bin Besri, Independent & Non Executive Director, Effective May 21, 2014

Mega First Corporation Berhad announced the resignation of Maisuri bin Besri, Independent & Non Executive Director, effective May 21, 2014.


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