PROFILE |
 |
From steel bars to beer and motorbikes, Amsteel roars as an investment holding company for Malaysia's diversified Lion Group. Amsteel's operations include retail stores (Parkson stores in China and Malaysia; 35% of sales); beer, lumber, and other agricultural products; steel slabs, bars, and wire; Silverstone tires; Suzuki motorcycle and cars (a distribution franchise); and real estate development. Lion Group is restructuring Amsteel to focus on retail, agriculture, and real estate operations, selling off some noncore businesses to retire debt. (Lion Corporation will retain 46% of the restructured Amsteel.) Managing Director Tan Sri William Cheng controls Amsteel through his nearly 60% stake in Lion Corporation.
COMPETITION |
 |
ConAgra Foods, Inc. (CAG)
PPB Group Berhad (4065)
Sime Darby Berhad (SIDBY)
|
 |
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: June
2000 Sales (mil.): 1,415.90
1-Yr. Sales Growth: 4.8%
KEY PEOPLE |
 |
William H.J. Cheng
CEO
CONTACT INFO |
 |
Menara Lion, Level 46, 165 Jalan Ampang
50450 Kuala Lumpur, Malaysia
Phone: 60-3-21622155
Fax: 60-3-21613166
|