Company LY Corporation Limited

Equities

1H8

SG1EC1000003

Home Furnishings

Market Closed - Singapore S.E. 03:47:24 05/07/2024 BST 5-day change 1st Jan Change
0.08 SGD -20.00% Intraday chart for LY Corporation Limited 0.00% +1.27%

Business Summary

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.

Number of employees: 1,145

Sales per Business

SGD in Million2022Weight2023Weight Delta
Furniture
70.6 %
57 77.9 % 41 70.6 % -27.77%
Millwork
29.4 %
16 22.1 % 17 29.4 % +5.94%

Sales per region

SGD in Million2022Weight2023Weight Delta
United States
59.4 %
43 58.6 % 35 59.4 % -19.23%
Hong Kong
17.5 %
12 16.1 % 10 17.5 % -13.62%
Malaysia
16.3 %
13 17.3 % 10 16.3 % -25.05%
Others
2.7 %
1 0.9 % 2 2.7 % +140.59%
Japan
1.5 %
1 1.0 % 1 1.5 % +17.58%
Taiwan
1.4 %
3 3.8 % 1 1.4 % -71.46%
United Arab Emirates
1.2 %
1 1.4 % 1 1.2 % -31.89%

Managers

Managers TitleAgeSince
Founder 64 31/12/75
Founder - 31/12/75
Chief Executive Officer 37 31/12/10
Director of Finance/CFO 45 30/04/16
Director/Board Member 50 31/01/99
Corporate Secretary - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 54 01-31
Director/Board Member 50 31/01/99
Chairman 52 19/12/17
Founder 68 31/12/75
Chief Executive Officer 37 31/12/10
Director/Board Member 49 31/12/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 489,144,200 54,753,138 ( 11.19 %) 310,400 ( 0.0635 %) 11.19 %

Shareholders

NameEquities%Valuation
Lian Yu Holdings Pte Ltd.
72.61 %
355,159,700 72.61 % 29 M $
59,740,800 12.21 % 5 M $
2,520,400 0.5153 % 204 581 $
Boon Huat Tee
0.4436 %
2,170,000 0.4436 % 176 139 $
2,010,000 0.4109 % 163 152 $
1,958,300 0.4004 % 158 955 $
1,294,000 0.2645 % 105 034 $
BetaShares Capital Ltd.
0.2280 %
1,115,457 0.2280 % 90 542 $
948,000 0.1938 % 76 949 $
935,000 0.1912 % 75 894 $

Company contact information

LY Corp. Ltd.

No. 15, Jalan Wawasan Utama Kawasan Perindustrian Sri Gading

83300, Batu Pahat

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http://www.lyfurniture.com
address LY Corporation Limited(1H8)
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