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Globaltec Formation Berhad (Malaysia)

Main Activities: Forging and Stamping | Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | Management of Companies and Enterprises
Full name: Globaltec Formation Berhad Profile Updated: November 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Globaltec Formation Berhad is a company located in Shah Alam, Malaysia. It was incorporated on July 15, 2011, and listed on the Main Market of Bursa Malaysia Securities Berhad on May 31, 2012. Globaltec was formed through the merger of three Main Market public listed companies: AutoV Corporation Berhad, AIC Corporation Berhad, and Jotech Holdings Berhad. The company primarily operates as an integrated manufacturing services (IMS) solutions provider. Their services include precision metal stamping, precision machining and assembly of various components, design and fabrication of precision tooling and automation equipment, injection molding and blow molding, and the design, manufacturing, and assembly of automotive components. Globaltec aims to offer synergistic combinations of different skill-sets and technologies to deliver seamless services to its customers. They also ventured into the oil and gas exploration and production and services business in 2014, with a focus on unconventional oil and gas fields. Additionally, Globaltec is involved in oil palm plantation in Sandakan, Sabah, Malaysia.

Headquarters
Wisma Aic, Lot 3, Persiaran Kemajuan, Seksyen 16
Shah Alam; Selangor; Postal Code: 40200

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Website: http://www.globaltec.com.my

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
July 15, 2011
Key Executives
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Chairman
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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20.18%
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15.41%
Subsidiaries
Aic Corporation Sdn. Bhd.
100%
Autov Corporation Berhad
100%
Globaltec Energy Resources Sdn Bhd
100%
Company Performance
Financial values in the chart are available after Globaltec Formation Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
-9.95%
Total operating revenue
-9.91%
Operating profit (EBIT)
-29.56%
EBITDA
-14.44%
Net Profit (Loss) for the Period
-31.04%
Total assets
0.97%
Total equity
-0.25%
Operating Profit Margin (ROS)
-1.23%
Net Profit Margin
-1.04%
Return on Equity (ROE)
-0.88%
Debt to Equity Ratio
3.4%
Quick Ratio
0.42%
Cash Ratio
-0.32%

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