Eksons Corporation Case Study
BACKGROUND OF THE BOTH SELECTED COMPANIES
CONSUMER EKSONS CORPORATION BERHAD
Eksons Corporation Berhad was established in 1990 and this corporation was listed on the Second Board of the Kuala Lumpur Stock Exchange in Bursa Malaysia Securities Bhd. Eksons was takeover on April 2000 and subsequently promoted to the Main Board in February 2001. This corporation currently is managing by Sri Datuk Amar (Dr) Haji Abdul Aziz Dato Haji Husain, who is elected to be the chairman of board of director of this corporation, since 31 May 2007 and he is also carrying title as Non-Independent and Non-Executive Director of this corporation.
Eksons group specialise in the manufacturing of tropical thin plywood, which plywood principally tropical hardwood, of
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Although Malaysia is implemented its Goods and Services tax should lead the sequel of increase production and operating costs, the group should still be more cost vigilant on operations decisions. Furthermore, the Group will keep on seeking land for its property development division by carefully analysis each opportunity that comes along. They will continue their vibrancy events to attract more business to set up to The Atmosphere,
GROWTH POTENTIAL
Eksons Corporation is running a 60:40 joint venture property project with Topaz Blue Sdn Bhd. The project named “The Atmosphere” which is located in the Klang Valley, south of the city of Kuala Lumpur. The contribution they receive from the project is less than 5% and expected this to hit 20% in the following year, said by Tang Seng Fatt, Executive Director. He is also reveal that they will be receiving RM40 millions to RM50 millions on the developing phases in every years. On the year 2010, 31 March, Eksons Corporation posted a net profit of RM28 millions on revenue of RM279.1 millions.
MARKET
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They are keep moving and innovating by invest their profits on research and development to invent a better product or others opportunities, based on their current technologies they have, they are now could convert a low grades of logs into high and reliable grades plywood. Furthermore from two decades of years they are now not only selling plywood, but also offer veneer and sawn timer for foreign’s
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