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Kgw Group Berhad (Malaysia)

Main Activities: Freight Transportation Arrangement
Full name: Kgw Group Berhad Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The company was incorporated in Malaysia on 14 March 2022 under the Act as a private company limited by shares under the name of KGW Group Sdn Bhd. On 7 October 2022, the company were converted into a public limited company and assumed our present name.
The principal activity of the Company is investment holding. Through subsidiaries, the company are principally involved in the provision of logistics services (ocean freight services, air freight services and freight forwarding services) as well as warehousing and distribution of healthcare-related products and devices.
The World Health Organisation declared the 2019 Novel Coronavirus infection ( COVID-19 ) a global pandemic on 11 March 2020. The Government of Malaysia imposed a Movement Control Order ( MCO ) effective from 18 March 2020 followed by various phases of the MCO subsequently to curb the spread of the COVID-19 pandemic during 2020 and 2021. These orders and the resurgence of COVID-19 cases, movement restriction orders and targeted containment measures implemented in many countries have caused disruptions to business activities nationwide, especially markets in which the Group operates.
The restrictions imposed have not, however. negatively impacted the Group s financial performance as most of its operations were allowed to operate throughout the MCO under the respective guidelines set by the National Security Council and the Ministry of lnternational Trade and Industry. The Group has performed assessment on the overall impact of COVID-19 situation on its operations, including the recoverability of the carrying amount of assets and concluded that there was no material adverse effect on the Group at the end of the reporting periods.
2005 - Incorporation of Kunn-G Worldwide Services (M) Sdn Bhd. Commenced operations in providing logistics services for ocean and air cargo shipments focusing on shipments between Malaysia and the USA.
2007 - Kunn-G Worldwide Services (M) Sdn Bhd was rebranded and assumed its current name, KGW Logistics (M) Sdn Bhd..
2008 - Shifted our office to Dana 1 Commercial Centre, Ara Damansara, Selangor to cater for our growing business.
2010 - KGW Logistics obtained registration as a NVOCC with the FMC.
2014 - Incorporated Mattroy Logistics to focus on logistics services for shipments between Malaysia and non-USA countries
2017 - Awarded the Outstanding SME Award at the Golden Bull Award organised by Business Media International. Awarded the SME100 Awards: Malaysia's Fast Moving Companies from Business Media International
2018 - Awarded the SME Entrepreneurship Business Award from Yayasan Usahawan Malaysia MyPreneurship in the category of “3PL of the Year
2019 - Awarded the Gold Award in the “Services” category (SMEs) in the Export Excellence Awards organised by Star Media Group. Awarded the Prominent Business Best Brands Award by The Brand Laureate.
2021 - Incorporated KGW Medica to venture into the provision of warehousing and distribution of healthcare-related products and devices . Awarded the Logistics Company of the Year award at the inaugural Kuala Lumpur International Logistics Transport Exhibition Excellence Awards co-organised by the Ministry of Transport Malaysia.
2022 - Secured KGW Medica's first customer for warehousing and distribution services.

Headquarters
D11-10-1 Block D11, Dana 1 Commercial Centre, Jalan Pju 1A/46
Petaling Jaya; Selangor; Postal Code: 47301

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Website: http://www.kgwlogistics.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2022
Key Executives
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Chairman
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Chief Financial Officer
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Chief Operating Officer
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Managing Director
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Director/Member of the Board
Ownership Details
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61.05%
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6.98%
Subsidiaries
Kgw Medica
100%
Company Performance
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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
97.19%
Total operating revenue
93.14%
Operating profit (EBIT)
0.07%
EBITDA
-2.22%
Net Profit (Loss) for the Period
5.05%
Total assets
21.8%
Total equity
53.97%
Operating Profit Margin (ROS)
-4.18%
Net Profit Margin
-3.15%
Return on Equity (ROE)
-2.36%
Debt to Equity Ratio
-45.45%
Quick Ratio
-0.96%
Cash Ratio
-0.88%

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