The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Manufacturing > Miscellaneous & Diversified Industrial Products > Amsteel Corporation Berhad

Amsteel Corporation Berhad
 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

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001