Globaltec Formation Berhad (5220.KL)

0.5150 +0.0150 (+3.00%) At close: 12:18PM MYT

Globaltec Formation Berhad

Menara Q Sentral
Unit 23A-12 No. 2A, Jalan Stesen Sentral 2 Kuala Lumpur Sentral
Kuala Lumpur 50470
Malaysia
60 3 2276 0195
https://www.globaltec.com.my

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full Time Employees: 846

Key Executives

Name	Title	Pay	Exercised	Year Born
Dr. Tian Chuan Goh ASDK, J.P., JP, PGDK, Ph.D., Ph.D.(h), SPDK, SSAP	Group Executive Chairman	996.02k	N/A	1961
Mr. Heng Mun Chen C.A., CPA, CA, CPA	Group Finance Director & Executive Director	385.32k	N/A	1970
Mr. Wai Thong Woon	Chief Financial Officer	N/A	N/A	1974
Mr. Boon Pin Ooi	CEO of Precision Machining & Automation Division and Executive Director	N/A	N/A	1958
Mr. Yong Wah Kee	Deputy Executive Chairman of Nuenergy Gas Limited	N/A	N/A	1960
Ms. Fei San Seow	Company Secretary	N/A	N/A	N/A
Yoke Khim Tan	Company Secretary	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

Globaltec Formation Berhad, an investment holding company, provides integrated manufacturing services (IMS) in Malaysia, Indonesia, Singapore, Thailand, the United States, the People's Republic of China, and internationally. The company operates through IMS, Resources, and Energy segments. It manufactures and fabricates tools, dies, and stamped metal components for electronics and automotive industries; and high precision tooling, die-sets, jigs, and fixtures, as well as semiconductor molds and parts, and high precision components. The company also designs and manufactures turnkey automation systems; manufactures automotive steering columns and related vehicle components; and manufactures and markets automotive components. In addition, it engages in the exploration and production of oil and gas, and coal bed methane; cultivation and sale of oil palm fruit bunches; and provision of services to the oil and gas industry. The company was formerly known as Temasek Formation Berhad and changed its name to Globaltec Formation Berhad in April 2012. The company was incorporated in 2011 and is headquartered in Kuala Lumpur, Malaysia.

Corporate Governance

Globaltec Formation 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 a 10 indicates higher governance risk.