A-Rank Bhd - 7214(ARANK)

A-Rank Bhd - 7214 (ARANK)
Board:Main Market
Sector:Industrial Products
Website:www.arank.com.my
EntitlementAnnouncedEx-DateLodgementPaymentTotal This YearTotal Last Year
First & Final Single Tier 3 cents TE11-11-201108-12-201112-12-201121-12-20113 cents2.25 cents
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A-Rank Berhad through its wholly-owned subsidiary, Formosa Shyen Horng Metal Sdn Bhd ("Formosa") (collectively the "Group" or "A-Rank Group") is principally involved in the manufacturing and marketing of the aluminium billets. The Group is currently the largest manufacturer and supplier of aluminium billets in Malaysia and one of Asia's leading suppliers of aluminium extrusion billets.

The A-Rank Group commenced operations in 1998 with an initial annual installed capacity of 12,000 metric tonnes and has registered consistent and impressive growth culminating in its listing on the Main Market (formerly known as the "Second Board") of Bursa Malaysia Securities Berhad on 11 May 2005. Currently, the Group has an installed capacity of 108,000 metric tonnes per annum. Turnover for the financial year ended 31 July 2010 was RM364.5 million.

The Group's integrated facilities include Wagstaff "Airslip" billet casting mould system,melting furnaces with regenerating burners, tilting holding furnace and fully automated vertical direct-chilled hydraulic-controlled casting machines from Australia, filters, in-line degassing machines, homogenising furnaces and cooling booths, and automated billet-sawing machines. Sizes of billets manufactured range in diameters from 3" up to 10" and of any cut length up to 6 metres.

To ensure consistent quality of its products, the Group has numerous testing equipment including ultrasonic fault detectors, light emission spectrometers, ALSCAN hydrogen analyser and optical microscope with Olympus software solution that enable sophisticated evaluation of quality achieved in the casting and homogenising processes. In line with its emphasis on quality, Formosa has achieved the ISO 9001:2008 certification and BS EN ISO 9001:2008 certification in 2003 from Moody.

The Group presently exports about 46% of its production and its export markets include Australia, China, Europe,Middle East, South Asia, Africa and South East Asia.

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