Company Southern Steel

Equities

SSTEEL

MYL5665OO004

Iron & Steel

End-of-day quote BURSA MALAYSIA 23:00:00 20/06/2024 BST 5-day change 1st Jan Change
0.605 MYR +0.83% Intraday chart for Southern Steel +1.68% -4.72%

Business Summary

Southern Steel Berhad is a Malaysia-based investment holding company. The Company is engaged in the manufacturing, selling and trading of steel bars and related products. The Company's segments include Steel products, and Investment holding and others. The Steel products segment is engaged in the manufacturing, selling and trading of billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires and other related products. The Company's prestressed concrete steel products (PC Wire and PC Strand) are used in the pre-stressed and post-tensioned concrete structure such as elevated highways, bridges, PT slabs and also in the precast concrete products such as precast beams, slabs and walls, concrete spun piles/poles, and concrete railway sleepers, among others. The Company also has steel service centers, which provide cutting, bending and forming the steel bar according to the specific requirement for construction purposes.

Number of employees: 2,835

Sales per Business

MYR in Million2022Weight2023Weight Delta
Steel Products
100.0 %
2,309 100.0 % 2,386 100.0 % +3.36%

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
87.1 %
2,056 89.0 % 2,078 87.1 % +1.08%
Australia
5.9 %
103 4.5 % 140 5.9 % +35.84%
Singapore
1.6 %
34 1.5 % 38 1.6 % +12.07%
United States
1.4 %
27 1.2 % 34 1.4 % +25.60%
Others
1.3 %
36 1.6 % 31 1.3 % -14.36%
Philippines
0.6 %
-- 14 0.6 % -
Taiwan
0.5 %
21 0.9 % 13 0.5 % -36.26%
Indonesia
0.4 %
8 0.4 % 10 0.4 % +28.31%
Japan
0.4 %
-- 10 0.4 % -
Bangladesh
0.4 %
-- 9 0.4 % -
Papua New Guinea
0.3 %
23 1.0 % 8 0.3 % -65.69%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 30/11/17
Director of Finance/CFO 62 02/08/16
Director/Board Member 77 17/05/84
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Chairman 69 26/10/92
Director/Board Member 68 11/05/21
Director/Board Member 77 17/05/84
Director/Board Member - -
Chief Executive Officer 56 30/11/17
Director/Board Member 60 30/06/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 596,313,000 76,825,685 ( 12.88 %) 0 12.88 %

Shareholders

NameEquities%Valuation
Hong Leong Company (Malaysia) Bhd.
49.40 %
294,595,115 49.40 % 37 M RM
Hlmg Capital Sdn. Bhd.
18.62 %
111,011,531 18.62 % 14 M RM
Southern Amalgamated Co. Sdn. Bhd.
5.900 %
35,184,508 5.900 % 4 M RM
Southern Properties Sdn. Bhd.
2.235 %
13,325,070 2.235 % 2 M RM
Hong Bee Hardware Co. Sdn. Bhd.
1.236 %
7,371,493 1.236 % 916 129 RM
6,222,900 1.044 % 773 382 RM
6,100,800 1.023 % 758 207 RM
Hock Kheng Industries Sdn. Bhd.
1.002 %
5,976,190 1.002 % 742 721 RM
2,591,400 0.4346 % 322 059 RM
2,200,000 0.3689 % 273 416 RM

Company contact information

Southern Steel Bhd.

Prai Industrial Estate Lorong Perusahaan 12

13600, Prai

+

http://www.southsteel.com
address Southern Steel(SSTEEL)