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Ancom Logistics Berhad (Malaysia)

Main Activities: Bare Printed Circuit Board Manufacturing | Household Appliances and Electrical and Electronic Goods Merchant Wholesalers | Management of Companies and Enterprises
Full name: Ancom Logistics Berhad Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Ancom Logistics Berhad is an investment holding company located in Petaling Jaya, Malaysia. It was incorporated on April 14, 1966, under the name Tamco Electrical Engineering Company (Malaysia) Limited. Over the years, the company underwent several name changes and reorganization exercises. Previously, Tamco was involved in the design, manufacture, supply, installation, commissioning, and maintenance of switchgear equipment and systems for power distribution and motor control. It also traded and contracted electrical engineering products and provided system integration services in Malaysia, Hong Kong, and Singapore. However, on April 23, 2008, Tamco disposed of its switchgear business and embarked on a capital repayment exercise. On November 23, 2009, Tamco changed its name to Ancom Logistics Berhad after acquiring the entire equity interest in Synergy Trans-Link Sdn Bhd (STL). STL and its subsidiaries are involved in transportation, warehousing, and chemical tank farm businesses in Malaysia and Singapore. Ancom Logistics is currently an investment holding company that holds the entire equity interest in STL, which in turn holds the entire equity interest in Pengangkutan Cogent Sdn Bhd, a company involved in the transportation of liquid chemicals in Malaysia and Singapore. Ancom Logistics also holds a 51% equity interest in Ancom ChemQuest Terminals Sdn Bhd, a company that operates a chemical tank farm in Port Klang, Malaysia. One of Ancom Logistics' subsidiaries, ACQT, operates a tank farm with 48 tanks and 8 loading bays in Port Klang. The tank farm provides bulk storage facilities for liquid chemicals, serving multinational petrochemical companies in the region.

Headquarters
No. 2A, Jalan 13/2, Seksyen 13
Petaling Jaya; Selangor; Postal Code: 46200

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Website: http://www.ancomlogistics.com.my

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1966
Key Executives
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Chairman
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Chief Financial Officer
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Vice Chief Executive Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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Subsidiaries
Ancom System Technology (Malaysia) Sdn. Bhd.
100%
Pengangkutan Cogent Sdn. Bhd.
100%
Sinsenmoh Transportation Pte. Ltd. (Singapore)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
2.6%
Total operating revenue
1.64%
Operating profit (EBIT)
-14.62%
EBITDA
-3.13%
Net Profit (Loss) for the Period
N/A
Total assets
9.25%
Total equity
1.05%
Operating Profit Margin (ROS)
-0.64%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
29.45%
Quick Ratio
0.48%
Cash Ratio
0.07%

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