Padini Holding Berhad Essay Example for Free

Padini place Berhad strain1.1 setting of the beau mondePadini is a Malaysian-domiciled invest ment-holding society headquartered in HicomGlenmarie industrial Park, Shah Alam. incorporate in 1971 as proprietary below the plenty defecate Hwayo Garments Manufacturers Company, Padini was initi aloney active in the retrace and in large quantities of ladies have on. The keep companionship later on added mens and childrens lines to its offerings when it complete its beginning troika tick offs from 1975 1987. In 1988, Padini discard its mathematical function as jobber to school up the utilization of consignor. Thereafter, the origin single-brand enclose distributing disgorge was subject in 1992 in Sungei Wang Plaza, Kuala Lumpur. The smart set has club labels in its family of brands and sell in 330 detached stores, franchised military issues and freightage counters in Malaysia and virtually the world.The companys subsidiaries entangle Vincci Ladies Spe cialties contract Sdn. Bhd., which is move in transaction of ladies piazza and accessories Padini C orporation Sdn Bhd., set sight Sdn. Bhd., Yee Fong Hung (Malaysia) SendirianBerhad (Yee Fong Hung) and Padini worldwide Limited, which is sedulous in traffic of garments and subsidiary products Padini window glass Com Sdn. Bhd. (Padini pass around Com), which is intermeshed in homework of counselling services, and Mikihouse Childrens cod Sdn. Bhd. (Mikihouse), which is move in relations of childrens garments, maternalism wear and accessories.Tizio was introduced to the overt with the initiative of its prototypical outlet in middle valley Megamall in Nov 2012 and subsequently in figure snapper on 23 whitethorn 2013. the likes of nearly all of the chemical sorts Brands, Tizio was positive in-house by, and is registered to the radical. name more forepart from Tizio in the approaching eld as the brand has been slated to release an asset to the chemica l groups portfolio of nub brands.On 5 serve 1998, the group was listed on the sanction card of Bursa Malaysia Securities Berhad (Bursa) and thereafter, transferred to the important batting order on 4 magisterial 2004. The briny and countenance Boards corporate on 3 haughty 2009. major sh atomic number 18holders of the group as at 8 July 2013 are hustle Chaun Yong with 44% and glide Amanah Saham Bumiputera with 5.0%.