FAVELLE FAVCO

FAVCO
End-of-day quote. End-of-day quote  - 11/23
2.2MYR -0.45%
Business Summary
Industrials
Industrial Goods
 Machinery, Equipment & Components
  Heavy Machinery & Vehicles
   Construction Machinery
Favelle Favco Berhad is an investment holding company. The Company's product line consists of heavy lift Offshore, Tower, Wharf and Crawler Cranes. Its tower cranes include Kroll cranes, which are heavy lifting electric hammerhead cranes, and Favelle Favco cranes, which are high speed diesel hydraulic luffing cranes. The Company offers two main series, which include rope luffing and ram luffing set-ups. Its crawler cranes include lattice boom and telescopic boom. Its wharf cranes include level luffing bulk handling cranes. It offers both luffing and hammerhead cranes with diesel hydraulic and electric setups. It operates through Inside Malaysia and Outside Malaysia segments. Its subsidiaries include Favelle Favco Cranes (M) Sdn. Bhd., which is engaged in designing, manufacturing, supply, servicing, trading and renting of cranes, and FES Equipment Services Sdn. Bhd., which is engaged in supply of spare parts for cranes, provision of crane maintenance services and renting of cranes.

Number of employees : 608 people.
Sales per Business
20182019
MYR
(in Million)
%MYR
(in Million)
%
Cranes 695.36131.1% 732.14106.4%
Intelligent Automation Group 72.8813.7% 158.4523%
Eliminations -237.65-44.8% -202.59-29.4%
Sales per region
20182019
MYR
(in Million)
%MYR
(in Million)
%
International 289.3454.5% 363.7352.9%
Malaysia 241.2545.5% 324.2647.1%
Managers
Name Title
Chung Hui Mac Chief Executive Officer, MD & Director
Abdul Razak bin Ramli Independent Non-Executive Chairman
Michael Chan Manager-Finance & Investor Relations
Poh Kwee Lee Executive Director
Mazlan bin Abdul Hamid Executive Director & Head-Marketing
Ngan Boon Mac Executive Director
Ahmad Ramli bin Mohammed Nor Vice Chairman
Sobri bin Abu Independent Non-Executive Director
Khazali bin Ahmad Independent Non-Executive Director
Siew Chong Tew Co-Secretary & Financial Controller
Shareholders
Name Equities %
Muhibbah Engineering (M) Bhd. 131,241,043 58.6%
Ngan Boon Mac 9,482,913 4.23%
Mohamed Taib Aminah Binti 4,389,400 1.96%
Employees Provident Fund 3,920,000 1.75%
Public Mutual Bhd. 3,306,000 1.48%
Hassan Noriyati Binti 3,305,323 1.48%
Hong Leong Asset Management Bhd. 3,166,400 1.41%
Chung Hui Mac 2,642,000 1.18%
Mazlan bin Abdul Hamid 2,304,800 1.03%
Harmony Effective Sdn. Bhd. 2,208,000 0.99%
Company contact information
Favelle Favco Bhd.
Lot 586, 2nd Mile
Jalan Batu Tiga Lama
Klang, Selangor 41300

Phone : +60.3.3349.5465
Fax : +60.3.3342.9807
Web : http://www.favellefavco.com
Sector Construction Machinery
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