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Automotive and Related Products
Kah Motor Company Sdn Berhad is the distributor for Honda vehicles in Singapore and Brunei and operates eight out of 93 of the Honda dealerships in Peninsular Malaysia and another dealership in Sabah. Kah Classic Auto Sdn Bhd currently is a dealer of Mitsubishi Motor Malaysia Sdn Bhd, providing sales and services of Mitsubishi branded vehicles through two key outlets and is looking to expand its dealership network in Mitsubishi and explore into other brands.
The plastic segment is headed by its 60% subsidiary, Teck See Plastic Sdn Bhd, one of the oldest auto parts manufacturing companies in Malaysia. The plastic segment is a “one stop centre” which provides fully integrated services from contract research and development, design, prototyping, moulds manufacturing, material compounding, plastic injection, spray painting to final products assembly. It has in year 1991 established a Joint Venture with Hicom Holdings to support the National car project Proton and has since tied up with Kasai Kogyo Co, Ltd. of Japan, a tier one global supplier of interior trim modules for car manufacturers in Malaysia, Thailand and Indonesia.
Hotels and Resorts
The segment currently owns 10 hotels, four of which are in Australia, two in New Zealand and one each in Malaysia, Singapore, Thailand and United Kingdom. The segment will continue to acquire excellent properties to expand its hospitality operations and is keen to expand its business globally when the opportunity arises.
The segment’s operations in Indonesia currently comprises two matured plantations, one maturing while remaining five under development with 34,959 Ha* total planted area combined and three Crude Palm Oil (CPO) Mills in Bangka Island. The five companies are under development with over 50,600 Ha land bank in South Sumatra. To date, over 24,400 Ha of the concession area in South Sumatra has been acquired, over 10,600 Ha has been planted and the harvesting area is now over 5,378 Ha. The segment plans to plant about 1,000 to 2,000 hectares each year in the next two years. It has generated a healthy cash pile over the years and is still expanding. A fourth CPO Mill, the first for South Sumatra is targeted to be commissioned by beginning of 2020. The segment has a planted area of 4,810 Ha in Malaysia.
* Ha = hectares
* Ha = hectares
The segment comprises mainly investment in subsidiaries and other investments for recurring income.
Investment Properties & Trading of Building Material Products
Most of the business activities in the segment are in the supply of building materials. However, in 1994, Ultra Green Sdn Bhd was given a concession by the Melaka state government to reclaim a total of 1,125 acres in Klebang, Melaka. The Group has reclaimed 985 acres of sea off the Melaka coastline out of the concession area. Reclamation works are ongoing for the remainder of the concession area, which will provide valuable land bank for the Group. The land that acquired in Melbourne, Australia has started the construction of a mixed use of commercial complex and serviced apartments that first two floors for retail and commercial and the rest of five floors for serviced apartments – completed its first development project ahead of schedule, having obtained its Notice of Practical Completion and Occupation Permit on 9 April 2019.
The new healthcare segment was launched following the acquisition of a nursing Nilam Healthcare Education Centre Sdn Bhd (NILAM)’s college in Melaka in April 2011 and the construction of the medical hub in August 2012 on the Group’s reclaimed land at Klebang, Melaka. The medical hub was officially launched on 30 January 2015 as Oriental Melaka Straits Medical Centre (OMSMC). OMSMC is a 300-bedded medical hub comprising a nursing college and medical establishment. The eight levels medical unit is sited on 25 acres of the reclaimed land at Klebang, Melaka, just a mere 10 minutes from city centre. The management has also ventured into the retail pharmacy and transitional care center management in early 2019.