QL Resources Berhad (7084.KL)

6.53 -0.02 (-0.31%) At close: 04:50PM MYT

QL Resources Berhad

No. 16A, Jalan Astaka U8/83
Bukit Jelutong
Shah Alam 40150
Malaysia
60 3 7801 2288
https://www.ql.com.my

Sector(s): Consumer Defensive
Industry: Farm Products
Full-time employees: 14,600

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Song Kun Chia MBA (Malaya)	Executive Chairman	132k	N/A	1950
Mr. Song Kooi Chia	Group MD & Executive Director	108k	N/A	1960
Mr. Seong Pow Chia	Executive Director	36k	N/A	1956
Mr. Song Swa Chia	Executive Director	36k	N/A	1960
Mr. Juw Teck Cheah	Executive Director	84k	N/A	1970
Mr. Lik Khai Chia	Executive Director	84k	N/A	1978
Mr. Boon Beng Kang	Chief Financial Officer	N/A	N/A	1971
Mr. Geok Ping Ng	Company Secretary	N/A	N/A	N/A
Chen Leng Ang	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

QL Resources Berhad, an investment holding company, engages in the marine products manufacturing, palm oil and clean energy, integrated livestock farming, and convenience store chain businesses in Malaysia, Indonesia, Vietnam, China, and Singapore. It is involved in the deep-sea fishing and aquaculture farming activities; and manufacture and sale of fishmeal, surimi, surimi-based products, aquaculture livestock related products, organic fertilizers, and halal food products; trading of raw materials for animal feeds, lubricants, foodstuffs, feed supplements, animal health food, agricultural products, and goods. The company also distributes animal feed raw materials and food related products, animal feeds, poultry, and related products; cultivates, processes, and markets oil palm products; and supplies palm oil recovery enhancement systems, and water treatment chemicals and equipment. In addition, it is involved in the provision ancillary transportation services; crude palm oil milling; shrimp, poultry, layer, breeder, and broiler farming activities; and property holding, letting, and investment activities. Further, the company engages in the wholesale of frozen chicken parts; wholesale and distribution of rice flour; poultry breeding and farming; feed milling; dealing and installation of green solar power energy products; operation of a biogas power plant; processing and selling frozen seafood and chicken parts; sale of subsidized diesel to fishermen; and coastal fish trawling and wholesale of marine products. Additionally, it produces and supplies biologically digested feeding raw materials; manufactures, repairs, and services boilers; produces biomass electric power generation system; and provides management, technical and information technology consultancy, project management, and laboratory testing services. QL Resources Berhad was incorporated in 1997 and is based in Shah Alam, Malaysia.

Corporate governance

QL Resources Berhad’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.