197801004391

About us

How we grow up

HISTORY AND BUSINESS

LBI Capital Bhd (LBI) was incorporated in Malaysia on 21st August 1978 under the Malaysian Companies Act, 1965 as a private limited company under the name of Len Brothers Industries Sdn Bhd. The Company then changed its name to Len Brothers Rubber Products Industries Sdn Bhd.
 
Len Brothers Rubber Products Industries Sdn Bhd (“LBR”) was listed on then Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Securities) in 1991, as one of the pioneer listed company in the second board of the Stock Exchange.
 
The principal activities of the Company at that time were manufacturing and marketing of rubber based products. LBR was the leading supplier and designated Original Equipment Manufacturer (“OEM”) of car rubber mats for several major motor vehicle assemblers such as Proton, Nissan, Toyota, Mazda, Ford, Daihatsu and Mercedes Benz. In addition, LBR was the only designated OEM supplier of car rubber mats to Nissan Motor of Japan and Ansell of Australia.
 
In 1996, LBR acquired Galaxy Waves Sdn Bhd and changed its name to Rumpun Hijau Capital Berhad. In 2003, Rumpun Hijau disposed Galaxy Waves to MBM Resources Berhad. 
 
Then on 4th October 2004, LBI Capital got its name and ventured into property development. The principal activities of LBI Capital are now investment holding, the provision of management services and property investments whereas its subsidiaries and associated companies are principally engaged in property development. 
 
The first development that we started was situated in Ara Damansara called Taipan 1. It comprised of 69 units of 3 storeys commercial shop offices with a GDV of RM78 million. It was sold off successfully and so LBI Capital continued on with Taipan 2, Putrawalk, Le Putra Avenue, Taman Pinggiran Permata, Puncak Lagenda, Desa Saujana, Puchong i-Hub. All our developments are sold out and that pushes us to strive for better excellence and profit for its stakeholders. Our property development strategy is niche developments in mature areas. 
 
Our corporate philosophy is to achieve excellence in business that we venture into and creation of shareholders value. The management is dedicated and committed, constantly striving for excellence while conducting themselves with professionalism in every aspects of their job. This will ensure mutual and profitable growth for the Group and its stakeholders.

SHARE CAPITAL & SHAREHOLDINGS

Name of Shareholders
No. of ordinary shares of RM1.00 each
% of issued share capital
Ng Tiong Seng Corporation Sdn Bhd
17,160,800
17.62%
Ng C. H. Holdings Sdn. Bhd.
39,033,448
40.08%
Galaksi Sejati Sdn Bhd
8,458,559
8.69%

BOARD OF DIRECTORS

Dato’ Khor Ah Hua , a Malaysian, was appointed as an Independent Non-Executive Director of the Company on 26 November 2013, subsequently Chairman on 24 November 2014. He is a businessman with vast experience in the Motor Vehicle Industry. He completed the Management Development Programme at the Asian Institute of Management, Philippines and Senior Management Development Programme of Harvard Business School. He is present actively involved in the dealership and retail management of motor vehicles. He has previously served in various senior positions including the position of an Executive Director in Daihatsu (M) Sdn Bhd, Board member of Hino Motors (Malaysia) Sdn Berhad and Chairman of Federal Auto Holdings Berhad. He currently on the Board of Ewein Berhad and several private companies. He attended five out of five Board meetings held during the financial year ended 31 December 2014.He has no family relationship with any Director of the Company, no conflict of interest with the Company and has never been charged for any offence within the past 10 years.

Dato’ Ng Chin Heng, is the Managing Director of the Company. He was first appointed to the Board on 21 November 1979 . He is a specialist in rubber technology having studied in Japan and Germany and have vast experience in property development.

Azlan Bin Arshad, Independent Non-Executive Director. He was first appointed as a director on 5 January 2015. He graduated with a Diploma of Accounting (Honours) from Institute Technology Mara 1986. He went on to join Plessey Electronics, UK followed by KPMG and Tongkah Holding Berhad before operating his own businesses. He did not attend any Board meetings held during the financial year ended 31 December 2014 as he was appointed after 31 December 2014. He has no family relationship with any Director of the Company, no conflict of interest with the Company and has never been charged for any offence within the past 10 years.

Datin Low Wee Chin, is the Executive Director of the Company. She has over the years obtained considerable exposure in formulating business policies and strategies as well as managing financial and administration procedures. She also sits on the Board of Directors of several private companies.

Kong Sau Kian, is the Executive Director of the Company. He is a member of the Malaysian Institute of Accountants. He graduated with a Bachelor of Accounting (Honours) degree from University of Malaya in 1988. Subsequently, he joined KPMG Peat Marwick, an international accounting firm until 1992 where his exposure include audit of wide range of industries, corporate restructuring, acquisition audit and other special assignments.

Raymond Ng Yew Foong, Malaysian, Executive Director. He started his career with the Company after graduated with a Diploma in Business Management and subsequently went on to earn a Master In Business Administration (MBA). Currently he in charge of Sales and Marketing of property for the Group.

SUBSIDIARY & ASSOCIATED COMPANIES