Press Metal Berhad Company Profile - Aug 31, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Press Metal Berhad
                                                                                       440 Wheelers Farms Road
                                                                                       Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Malaysian Ringgits

                                 Wright Quality Rating:DBNN                               Key Data

   Press Metal Berhad is engaged in the manufacturing and marketing of aluminum           Ticker:
   products. The Company operates in two segments: manufacturing and trading,             PMETAL
   which includes manufacturing and marketing of aluminum products and garments and
   accessories, and contracting and fabrication, which includes contracting and           2010 Sales:
   fabrication of aluminum and stainless steel products. The Company's other segments
                                                                                          1,698,839,000
   include operations related to property development and recycling and waste
   management. Its products include aluminum ingots, aluminum billets, aluminum
   frames for solar panels, aluminum windows and doors systems, aluminum heat sink,       Major Industry:
   aluminum thermal break profile, aluminum scaffolding products and aluminum curtain     Metal Product
   walls, among others. On January 28, 2010, it acquired the remaining 20% interests in   Manufacturers
   Press Metal (HK) Limited (PMHK). On September 28, 2010, the Company disposed
   20% interests to Sumitomo Corporation Sdn. Bhd. On October 19, 2010, the               Sub Industry:
   Company incorporated Press Metal Bintulu Sdn. Bhd.                                     Miscellaneous Metal
                       Stock Chart                                  Officers              Products Manufacturers
                                                           Non Executive Chairman
                                                          Dr. Abdul Rahman Bin Ahmad      Country:
                                                                                          Malaysia
                                                               Vice Chairman
                                                               Poh Ming Koon              Currency:
                                                                                          Malaysian Ringgits
                                                          Executive Director & Chief
                                                                 Executive
                                                                                          Fiscal Year Ends:
                                                               Poh Keong Koon
                                                                                          December
                                                                  Secretary
              
								
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