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THEMALPACSTORY
Malpac Holdings Berhad
(“Malpac”) started as a stock broking
firm in 1976 under the name of Chew &
Teo. The Company was listed on the Main
Market of Bursa Malaysia on 12 December
1990 with an authorized capital of RM50
million and a paid up of RM25 million.
In September 1995, the Company increased
its authorized capital to RM200 million
and paid up to RM62.5 million. In 1996,
the paid-up capital was further
increased to RM75 million. The Company
is an investment holding that owns
various investments such as properties
and
shares for long term investment and derives investment income. After a long legal battle, the Company had lost its core business and on 17 February 2020, the Company made an announcement on the triggering of paragraph 8.03A of the Main Market Listing Requirements (“MMLR”). Accordingly, the Company is now classified as an affected listed issuer without significant level of operation. |