Favelle Favco

FAVCO

MYL7229OO007

Heavy Machinery & Vehicles

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
2.08 ^MYR	-0.95%		+0.97%	+16.85%

Feb. 26	Favelle Favco Berhad Proposes First and Final Dividend of the Financial Ended 31 December 2023	CI
Feb. 26	Favelle Favco Berhad Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Favelle Favco Berhad completed the acquisition of 70% stake in Strata Niaga Sdn. Bhd. from group of individual vendors for MYR 7.6 million.

November 15, 2022

Favelle Favco Berhad (KLSE:FAVCO) entered into a Share Purchase Agreement to acquire 70% stake in Strata Niaga Sdn. Bhd. from group of individual vendors for MYR 7.6 million on March 8, 2022.

Favelle Favco Berhad (KLSE:FAVCO) completed the acquisition of 70% stake in Strata Niaga Sdn. Bhd. from group of individual vendors on October 31, 2022.

Latest news about Favelle Favco

Favelle Favco Berhad Proposes First and Final Dividend of the Financial Ended 31 December 2023	Feb. 26	CI
Favelle Favco Berhad Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 26	CI
Favelle Favco Berhad Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 26	CI
Favelle Favco Clinches Crane, Machinery Supply Deals Worth MYR79 Million	Jan. 17	MT
Favelle Favco Cranes (M) Sdn Bhd and Favelle Favco Cranes Pty Limited Receives Purchase Orders or Letter of Intent	Nov. 28	CI
Favelle Favco Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 23	CI
Favelle Favco Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-24	CI
Favelle Favco Clinches Crane Supply Deals Worth MYR92 Million	23-08-01	MT
Favelle Favco Berhad Approves Final Tax Exempt Dividend for the Financial Year Ended 31 December 2022, Payable on 6 September 2023	23-06-26	CI
Favelle Favco Berhad Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-25	CI
Favelle Favco Clinches Crane Supply Deals Worth MYR85 Million	23-05-12	MT
Favelle Favco Berhad Proposes Final Tax Exempt Dividend in Respect of the Financial Ended 31 December 2022	23-04-26	CI
Favelle Favco Clinches Crane Supply Deals Worth MYR95 Million	23-03-15	MT
Favelle Favco Berhad Recommends Final Tax Exempt Dividend in Respect of the Financial Ended 31 December 2022	23-02-21	CI
Favelle Favco Berhad Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-21	CI
Favelle Favco Berhad Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-02-21	CI
Favelle Favco Clinches Crane Supply Deals Worth About MYR46 Million	23-01-11	MT
Favelle Favco's Profit Drops, Revenue Rises in Q3	22-11-16	MT
Favelle Favco Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-16	CI
Favelle Favco Berhad completed the acquisition of 70% stake in Strata Niaga Sdn. Bhd. from group of individual vendors for MYR 7.6 million.	22-11-15	CI
Favelle Favco Clinches Crane Supply Deals Worth Over $28 Million	22-09-27	MT
Favelle Favco Berhad Appoints Encik Anuar Bin Abd Rahman as Independent and Non Executive Member of Remuneration Committee	22-09-21	CI
Favelle Favco Berhad Appoints Dato' Sri Khazali Bin Haji Ahmad as Independent and Non Executive Chairman of Remuneration Committee	22-09-21	CI
Favelle Favco Berhad Appoints Encik Anuar Bin Abd Rahman as Independent and Non Executive Member of Nomination Committee	22-09-21	CI
Favelle Favco Berhad Appoints Dato' Sri Khazali Bin Haji Ahmad as Independent and Non Executive Chairman of Nomination Committee	22-09-21	CI

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Company Profile

Favelle Favco Berhad is a Malaysia-based investment holding company. The Company's segments include Cranes and Intelligent Automation. The Cranes segment is engaged in designing, manufacturing, supplying, trading, leasing and services provider of offshore oil and gas pedestal cranes, tower cranes, shipyard cranes and other heavy lifting equipment cranes. The Intelligent Automation segment is engaged in designing, engineering and maintenance services for integrated automation solutions, process analyzers and specialized equipment for various industries. The Company's brands include Favelle Favco and Kroll. The Company's range of cranes includes offshore, tower, wharf and crawler cranes. Kroll cranes are heavy lifting electric hammerhead cranes. Its K-series crane sizes range from 70-meter tons to 25000-meter tons. Favelle Favco cranes are high speed diesel hydraulic luffing cranes. Its M-series crane sizes range from 60-meter tons to 2000-meter tons. It also provides crane rentals.

Sector

Heavy Machinery & Vehicles

Calendar

2024-05-22 - Q1 2024 Earnings Release (Projected)

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Sector Construction Machinery

	1st Jan change	Capi.
FAVELLE FAVCO	+16.85%	102M
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ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO., LTD.	+32.01%	9.69B
DOOSAN BOBCAT INC.	+3.17%	3.78B
CHINA RAILWAY CONSTRUCTION HEAVY INDUSTRY CORPORATION LIMITED	-0.76%	2.9B
GUANGXI LIUGONG MACHINERY CO., LTD.	+58.46%	2.88B
ACTION CONSTRUCTION EQUIPMENT LIMITED	+84.29%	2.18B
TAKEUCHI MFG. CO., LTD.	+37.22%	1.78B
SHANTUI CONSTRUCTION MACHINERY CO., LTD.	+67.00%	1.71B

Construction Machinery

Favelle Favco

Equities

FAVCO

MYL7229OO007

Heavy Machinery & Vehicles

Favelle Favco Berhad completed the acquisition of 70% stake in Strata Niaga Sdn. Bhd. from group of individual vendors for MYR 7.6 million.

Latest news about Favelle Favco

Chart Favelle Favco

Company Profile

Income Statement Evolution

Annual profits - Rate of surprise

Sector Construction Machinery