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pa resources bhd (PARB) Snapshot

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pa resources bhd (PARB) Details

P.A. Resources Berhad, an investment holding company, provides aluminum extrusion, fabrication, and related services primarily in Malaysia. It operates through four segments: Aluminium Extrusion and Fabrication, Aluminium Billet Casting and Tolling, Construction Contract, and Solar Industry. The Aluminium Extrusion and Fabrication segment extrudes a range of aluminum profiles for various applications, including electrical and electronics, furniture, and consumer durables. The Aluminium Billet Casting and Tolling segment casts aluminum billets for general or miscellaneous use; and provides tolling services to melt non-conforming profiles, trimming, and remnant into aluminum billets. The Construction Contract segment is involved in the design, supply, fabrication, and installation of aluminum products. This segment undertakes architectural projects, such as the supply and installation of metal cladding, curtain walling, windows, and doors for residential and commercial properties. The Solar Industry segment supplies, installs, and commissions solar panels; and provides after installation services. This segment supplies equipment that comprises photovoltaic cells, power inverters, roof mounting brackets, and associated wiring and other connections. The company was founded in 1996 and is based in Kuala Selangor, Malaysia.

Founded in 1996

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pa resources bhd (PARB) Key Developments

P.A. Resources Bhd., Annual General Meeting, Sep 25, 2014

P.A. Resources Bhd., Annual General Meeting, Sep 25, 2014., at 10:00 Singapore Standard Time. Location: Nouvelle Hotel, Kuala Lumpur. 8th KM. Agenda: To consider and approve the statutory financial statements for the financial year ended 31 March 2014 together with the Directors' and Auditors' Reports thereon; to approve the payment of Directors' fees of MYR 78,000 in respect of the financial year ended 31 March 2014; to re-elect Mr. Yap Fatt Lam who retires in accordance to Article 128 of the company's Articles of Association; to re-elect Dato' Ng Tong Hai who retires in accordance to Article 128 of the company's Articles of Association; to re-elect Dato' Lau Kuan Kam who retires in accordance to Article 133 of the company's Articles of Association; to re-elect Mr. Ho Puay Koa who retires in accordance to Article 133 of the company's Articles of Association; to re-appoint Messrs WHLK (formerly Known as SC Associates) as the company's Auditors for the upcoming year and to authorise the Directors to fix their remuneration; and to consider any other business.

P.A. Resources Bhd. Appoints Dato' Ng Tong Hai as a Member of the Remuneration Committee, Effect from August 27, 2014

The Board of Directors of P.A. Resources Bhd. announced that Dato' Ng Tong Hai has been appointed as a member of the Remuneration Committee with effect from 27 August 2014 in place of Mr. Chong Sze San who has resigned as a Director of the Company on 31 July 2014.

P.A. Resources Bhd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2014

P.A. Resources Bhd. reported unaudited consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, revenue was MYR 36.4 million against MYR 28.0 million last year. Operating profit was MYR 1.4 million against MYR 1.5 million last year. Profit before taxation was MYR 0.7 million against MYR 0.9 million last year. Profit attributable to ordinary equity holders of the parent was MYR 0.7 million against MYR 0.6 million last year. Basic earnings per share were 0.08 sen against 0.07 sen last year. Net cash generated from operating activities was MYR 2.1 million against MYR 2.7 million last year. Purchase of property, plant and equipment was MYR 0.6 million against MYR 2.2 million last year.


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