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TIGER

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Publish date: Mon, 04 Nov 2013, 01:25 AM
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Tiger Synergy Berhad

Tiger Synergy Berhad (TSB) (formerly known as Minply Holdings (M) Bhd) was established on 21 December 1994 with paid up capital of RM 61,220,00.00.
The company's core businesses are in the property development and construction industry and wood base manufacturing and trading. In accord with the director's vision and confidence in future business opportunities, the company had charted a course for gradual future expansion.
TSB under its subsidiaries is led by an experience, capable and dynamic management team, which includes qualified professionals. Some of the Directors and Senior Management of the company has more than 15 years of "hands" on experience in Property Development and Construction Industry and Manufacturing and Trading Industry. With their vast experience and knowledge, the company is viewing for continuous success and significant expansion for development and construction and manufacturing.
Moving forward, the board envisaged higher revenue contribution for the property development segment as compared to the manufacturing and trading of the wood based products. The outlook for the property section is expected to be performing better as there is a growing demand for residential and commercial properties. The Group will source for land banks and joint-venture opportunities to further expand its property development segment. Going forward the group will continue to seek further enhancements in processes to improve operational efficiency, productivity and product quality with the view to reduce the overall cost and increase the profit margins in the manufacturing section. The Group intends to streamline and reforms on its activities in the timber log trading by looking and seeking for timber concession which will attribute profits to the Group where there are prospects for further growth.
The Group would continue with its rationalization exercise of its manufacturing and its log trading activity to future streamline its operations in managing this challenging operation environment and mitigating any potential adverse effect.

Sector : Property (Main Board)
Share Issued : 387,070,100
Market Cap : 96,767,525
P/E Ratio : -
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