Company Spring Art Holdings

Equities

SPRING

MYQ0216OO000

Home Furnishings

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.22 MYR +2.33% Intraday chart for Spring Art Holdings +7.32% +4.76%

Business Summary

Spring Art Holdings Berhad is a Malaysia-based investment holding company. The Company, through its subsidiary, Spring Art Industries Sdn. Bhd., is principally involved in the manufacturing of ready-to-assemble furniture products, where it undertakes the design and development, manufacturing as well as marketing and sales of office furniture, bedroom furniture, living room furniture as well as other types of furniture. The Company's subsidiary, Elisa Home Sdn. Bhd., caters the online sales to local market through the local online sales platforms and own Website. The Company's ready-to-assemble furniture products include office furniture, such as office workstations, filing cabinets and pedestals; bedroom furniture, such as beds, dressing stools and study desks, and living room furniture, such as computer desks, television consoles, shoe cabinets, bookshelves and drawer chests. It also provides customized complementary furniture products, such as dining tables and kitchen cabinets.

Sales per Business

MYR in Million2021Weight2022Weight Delta
Furniture
100.0 %
55 100.0 % 45 100.0 % -17.27%

Sales per region

MYR in Million2021Weight2022Weight Delta
Middle East
62.6 %
40 73.3 % 28 62.6 % -29.32%
Malaysia
16.2 %
1 1.7 % 7 16.2 % +672.03%
Asia (excluding Malaysia)
13.2 %
7 12.3 % 6 13.2 % -10.97%
North America and Latin America
5.0 %
5 9.6 % 2 5.0 % -57.28%
Oceania
1.2 %
-- 1 1.2 % -
Europe
1.0 %
2 2.8 % 0 1.0 % -71.16%
Africa
0.8 %
0 0.3 % 0 0.8 % +110.67%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 18-11-18
Director of Finance/CFO 44 18-01-31
Corporate Officer/Principal 45 -
Corporate Officer/Principal 36 -
Sales & Marketing 59 -
Corporate Officer/Principal 49 -
Corporate Secretary - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chairman 75 18-11-18
Director/Board Member 48 18-11-18
Director/Board Member 40 18-11-18
Director/Board Member 57 18-11-18
Chief Executive Officer 59 18-11-18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 415,691,400 81,479,100 ( 19.60 %) 0 19.60 %

Shareholders

NameEquities%Valuation
Maybank Asset Management Sdn. Bhd.
0.1227 %
510,000 0.1227 % 21 553 RM

Company contact information

Spring Art Holdings Bhd.

Kawasan Persindustrian Bukit Pasir Lot Plo 49, Jalan Rami 4

84300, Muar

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http://www.springart.com
address Spring Art Holdings(SPRING)
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