Governance LY Corporation Limited

LY Corporation Limited is a Malaysia-based wooden bedroom set manufacturer. The Company manufactures and exports wooden bedroom furniture. The Company’s segments include Furniture and Millwork. Its Furniture segment is engaged in manufacturing of all kinds of furniture. Its Millwork segment is engaged in manufacturing of any type of woodwork or building product. The Company operates approximately 23 factories and warehouses, which it owns or leases, occupying a combined built-up area of approximately 1.6 million square feet in Batu Pahat, Malaysia. The Company products are typically manufactured on original design manufacturer (ODM) basis by its in-house designers and on original equipment manufacturer (OEM) basis. The Company products are sold to overseas dealers, such as furniture wholesalers and retailers who generally resell its products to end-users. It also designs and manufactures custom wooden bedroom furniture.