Company MST Golf Group

MSTGOLF

MYL5316OO004

Leisure & Recreation

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-09 pm EDT			5-day change	1st Jan Change
0.45 ^MYR	0.00%		0.00%	-13.46%

Jan. 20	592,868,600 Ordinary Shares of MST Golf Group Berhad are subject to a Lock-Up Agreement Ending on 20-JAN-2024.	CI
2023	MST Golf Group Berhad Proposes Joint Venture Between MST Golf and PT Sinar Eka Selaras Tbk	CI

Business Summary

MST Golf Group Bhd is a Malaysia-based company, which is a provider of golf retail services. The Company operates through four segments: Retail, Wholesale, Golf Services, and Indoor Golf. Its services include MST Golf Retail, MST Golf Arena, MST Golf Academy, The Golf Lab, and Golf Tech Shop. Its MST Golf Arena offers various amenities, such as Tech Bays, PuttView, Football Zone, Private Suites, Tee Box Restaurant, Blue Tee Sports Bar, Red Tee Champagne Bar, and Golf Academy. Its MST Golf Academy offers various lessons and programs, such as individual or group lessons, a junior player development program, a corporate golf program, and on-course playing lessons. The Company also serves various golf-focused businesses, ranging from golf academy, corporate sales and event management, and driving range management to, more recently, golf entertainment (indoor golf simulators with F&B) and golf media. It serves clients in other countries such as Indonesia, Thailand, and Vietnam.

Sales per Business

MYR in Million	2022	Weight	2023	Weight	Delta
Trading 97.0 %	291	96.9 %	316	97.0 %	+8.27%
Elimination -12.4 %	0	0.0 %	-40	-12.4 %	-
Others 8.7 %	0	0.0 %	28	8.7 %	-
Golf Services 6.8 %	9	3.1 %	22	6.8 %	+134.28%

Sales per region

MYR in Million	2022	Weight	2023	Weight	Delta
Malaysia 65.9 %	199	66.3 %	214	65.9 %	+7.49%
Singapore 25.8 %	69	23.0 %	84	25.8 %	+21.35%
Indonesia 8.3 %	31	10.3 %	27	8.3 %	-13.56%
Vietnam 0.0 %	-	-	0	0.0 %	-
Others 0.0 %	0	0.1 %	0	0.0 %	-74.35%
Thailand 0.0 %	0	0.1 %	0	0.0 %	-70.59%

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	820,868,600	215,382,200 ( 26.24 %)	0	26.24 %

Shareholders

Name	Equities	%	Valuation
All Sportz Sdn. Bhd. 52.92 %	434,436,800	52.92 %	41 M RM
Yap Sio Ng 7.174 %	58,885,300	7.174 %	6 M RM
Kok Poh Low 3.611 %	29,640,000	3.611 %	3 M RM
Lian Chun Ng 2.134 %	17,520,000	2.134 %	2 M RM
Lian Heng Ng 2.134 %	17,520,000	2.134 %	2 M RM
Kong Hook Ng 1.423 %	11,680,000	1.423 %	1 M RM
Lian Hu Ng 1.423 %	11,680,000	1.423 %	1 M RM
KAF Investment Funds Bhd. 0.6632 %	5,444,200	0.6632 %	517 635 RM
Eastspring Investments Bhd. 0.2834 %	2,326,600	0.2834 %	221 213 RM
Principal Asset Management Bhd. 0.1788 %	1,467,800	0.1788 %	139 558 RM