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Atis Corporation Bhd - 5055(ATIS)

Atis Corporation Bhd - 5055 (ATIS)

Atis Corporation Bhd lists under Main Market of Bursa Malaysia. It has been classified in the Trading & Services sector. The stock code uses in Bursa Malaysia is "5055" or identify by stock name of "ATIS". More information about Atis Corporation Bhd can be found in their website (www.atis.com.my).

Stock quote also available at Bursa Malaysia, The Star.
 

ATIS Corporation Berhad ("ATIS''), was incorporated in Malaysia under the Companies Act, 1965 on 8 September 1997 as a public limited company under the name of KVC Corporation Berhad. On 23 May 2002, its name was changed to ATIS Corporation Berhad to reflect the Group's vision of being "A Total Industrial Supplier." This date also marked the beginning of ATIS' corporate journey and on 7 August 2002, ATIS was listed on the Main Board of Bursa Malaysia Securities Berhad.

The ATIS Group's origin dates back to 1989 when the Group commenced its business of distribution and supply of industrial, electrical and electronic products. Through the implementation of a 10-year strategic business plan, the Group has successfully positioned itself to be the only One-Stop Industrial Supplier founded on a business-to-business ("B2B") business model of distributing a broad base of industrial products to a large customer base.

ATIS' unique position in the Industrial Supply chain has been built upon a solid distribution infrastructure that is cemented by a team of highly knowledgeable and technical sales personnel, nationwide network of branches and upholding of prompt delivery promise. ATIS plays a pivotal role in communicating and providing product and technical knowledge to customers for a wide base of industrial products and components comprising electrical, electronic, mechanical, pneumatics, specialised direct and indirect materials and automation parts and components. This core business forms the foundation of ATIS' strong recurring income and provides a platform for continuous growth potential.

Since its listing in 2002, ATIS began to expand its business regionally in countries like Singapore, Indonesia, China, Hong Kong and Thailand. ATIS' strong market position in Malaysia attracted the attention of the France-based global electrical distributor, Sonepar SA ("Sonepar"). As a result on April 2008, Sonepar's subsidiary, Otra Development B.V acquired 20% equity stake in KVC. This marks a significant milestone for ATIS as it will become an associate of an international electrical distribution group which has annual turnover of 13.6 billion euros on a proforma basis. Sonepar is represented by over 160 companies operating in 34 countries on five continents. Through this partnership, ATIS's markets will be strengthened with access into Sonepar's vast resources and infrastructure in terms of product range, sourcing and global supplier management.

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