Hap Seng Consolidated Berhad (3034.KL)

4.4300 0.0000 (0.00%) At close: 04:54PM MYT

Hap Seng Consolidated Berhad

Menara Hap Seng
21st Floor Jalan P. Ramlee
Kuala Lumpur 50250
Malaysia
60 3 2172 5228
https://www.hapseng.com.my

Sector(s): Industrials
Industry: Conglomerates
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ming-Foo Lee J.P.	MD & Executive Director	3.91M	N/A	1955
Ms. Yee Leng Cheah	Director of Corporate Affairs, Group Legal Counsel & Executive Director	2.18M	N/A	1969
Mr. Wee Yong Lee	Group Finance Director & Executive Director	1.86M	N/A	1948
Mr. Boon Siong Tan	Chief Financial Officer	N/A	N/A	1968
Mr. Harald Uwe Behrend	Group COO & Chief Executive of Automotive Division	N/A	N/A	1961
Mr. Siew Fah Au Yong	Chief Executive of Plantations Division	N/A	N/A	1951
Mr. Soo Beng Khor	Chief Operating Officer of Property Division	N/A	N/A	1962
Mr. Chen Keck Puan	Chief Executive of Credit Financing Division	N/A	N/A	1958
Mr. Thau Vui Voon	Chief Executive of Trading Division	N/A	N/A	1963
Mr. Teak Jan Yong	Chief Operating Officer of Building Materials / General Trading Business	N/A	N/A	1972

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

Hap Seng Consolidated Berhad, an investment holding company, engages in the plantation, property investment and development, credit financing, automotive, trading, and building materials businesses in Malaysia and internationally. The company cultivates oil palm, and harvests and processes fresh fruit bunches into crude palm oil. It holds and develops residential, commercial, and industrial properties; and offers financial services, including hire purchase, leasing, and term loan for small and medium enterprises. The company operates as a dealer for Mercedes-Benz vehicles that include logging and general-purpose trucks, buses, and passenger vehicles, as well as spare parts; supplies various fertilizers comprising muriate of potash, ammonium sulphate, kieserite, rock phosphate, and other NPK fertilizers; trades in building materials, such as steel bars, cement, tiles, iron and metal, building chemicals, interior fittings, plywood, sanitary ware, and petroleum products, as well as ceramic tiles, stones, mosaic, and wood flooring products. It produces and sells quarry and asphalt products for infrastructure and construction industry; clay bricks, facing and double bricks, and clay pavers; and agro-chemicals. The company provides repairing, painting and servicing of motor vehicles; management and maintenance services, construction, treasury management functions, and recreational facilities services; leases vehicles; trades in marketable securities; operates hotels and resort; and deals in stone and wood for home furnishing. It engages in investment in retail mall and car park, intellectual property holding and management; storage and warehousing of furniture and related products; and grocery stores, and food and beverage businesses. The company was formerly known as The East Asiatic Company (Malaysia) Berhad. The company was incorporated in 1976 and is based in Kuala Lumpur, Malaysia. Hap Seng Consolidated Berhad is a subsidiary of Gek Poh (Holdings) Sdn Bhd.

Corporate governance

Hap Seng Consolidated Berhad’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.