Thong Guan Industries Berhad (7034.KL)

2.0000 +0.0400 (+2.04%) At close: 04:57PM MYT

Thong Guan Industries Berhad

Jalan PKNK 1/6
Lot 52 Kawasan Perusahaan Sungai Petani
Sungai Petani 08000
Malaysia
60 4 441 7888
https://www.thongguan.com

Sector(s): Consumer Cyclical
Industry: Packaging & Containers
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Poon Chuan Ang	MD & Executive Director	154k	N/A	1944
Mr. Poon Seong Ang	Executive Director	139k	N/A	1956
Mr. Poon Khim Ang	Executive Director	139k	N/A	1955
Mr. See Ming Ang	Executive Director	402k	N/A	1970
Ms. Tze-En Ong MAICSA	Joint Company Secretary	N/A	N/A	N/A
Ms. Yoke Leng Lau MAICSA	Joint Company Secretary	N/A	N/A	N/A

Amounts are as of December 31, 2022 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

Thong Guan Industries Berhad, an investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products. The company operates through Plastic Products; and Food, Beverages and Other Consumable Products segments. Its products include stretch and maxstretch films; bottom seal poly bags, garbage bags, bags and sheets perforated on roll, punch and pin hole, pallet shrouds, non-entrapment seal, apron, stretch hood, side seal, produce roll, header block, carry and shopping bags, laminated barrier films, form-fill seal sheet, and collation shrink films for industrial and commercial use; tinted food wraps; and additives, such as calcium carbonate, color masterbatches, and polymer processing aid. The company also manufactures and trades in tea, coffee, and other related products, as well as flour-based dried and steamed noodles. In addition, it is involved in manufacturing, selling, and trading film blown plastic products; wholesale of rice; trading of petroleum products; and operation of research and development center for plastic packaging industry. It serves the food and beverages, industrial and packaging, transport and logistics, waste and energy, retail and ecommerce, consumer packaging, and hygiene and medical sector. The company has operations in Malaysia, People's Republic of China, Others Asian countries, Oceania, Europe, North America, and internationally. Thong Guan Industries Berhad was founded in 1942 and is headquartered in Sungai Petani, Malaysia.

Corporate Governance

Thong Guan Industries 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.