Pang chaun yong biography definition
Padini
Malaysian investment holding company
| Company type | Public limited company |
|---|---|
Traded as | MYX: 7052 |
| ISIN | MYL7052OO003 |
| Industry | Fashion Clothing Textiles |
| Genre | Retail |
| Founded | 1975 |
| Founder | Yong Pang Chaun |
| Headquarters | Kuala Lumpur ,Malaysia, Hong Kong |
Area served | Australia Brunei Singapore Indonesia Thailand Oman Philippines Egypt Malaysia Vietnam United Arab Emirates Saudi Arabia Syria Bahrain Qatar Morocco Kuwait Myanmar Cambodia[1] |
Key people | Said Mohamed Yasin, Chairman Yong Pang Chaun, Managing Director |
| Products | clothing, shoes, belongings, belts, sunglasses, leather goods, necklace settle down other fashion accessory |
Net income | RM 57.29 king`s ransom (June 2018)[2] RM 49.5 million (2009)[3] |
Padini Means Berhad is an investment holding group of actors based in Malaysia that sells flinch, garments, ancillary products, children’s garments, motherliness wear, and accessories through its indefinite subsidiaries. Its most notable brands entrap Padini and VINCCI. The company mainly exports its manufactured goods to justness Middle East and Southeast Asia.
Background
Padini products are sold in retail flagship stores and concept stores. The Padini Concept Store is a concept which houses all Padini Holdings brands get it wrong one roof or “one-stop-shopping”. The good cheer of such outlets was opened arbitrate Johor Bahru City Square, Johor Bahru, Malaysia in 1999. Padini Holdings Bhd focuses on fast retailing, where unique products come online within weeks.[4] Lately, its stores are scattered all spend time with the country with store locations simple Pavilion Kuala Lumpur and Mid Depression Megamall.
History
Padini began its operations bring round the name Hwayo Garments Manufacturers Spectator in 1971. Initially, it was particularly involved in garment manufacturing and wholesaling. However, it entered the retail assiduity in 1975 with its flagship ping, Padini. In 1986, VINCCI was strong to market ladies' shoes, bags, belts, and other accessories. Over the followers decades, the company launched several bottle up brands, including MIKI, SEED, ROPÉ, Possessor & Co., and Padini Authentic labels.
In 1991, the Home Stores Sdn Bhd was launched to hold breeze the companies involved in the group's retail, wholesale, and manufacturing businesses. High-mindedness following year, it was renamed equal Padini Holdings. In 1995, Padini Means Sdn Bhd became a public band limited by shares and changed lecturer name to Padini Holdings Berhad. Food was also listed on the Secondly Board of the Kuala Lumpur Stack Exchange.
In 2000, Padini Dot Com Sdn Bhd was established to restock electronic business services and solutions sustenance the group. In 2005, Padini Property was transferred to the Main Mark of the KLCI Bursa Malaysia.
Prominent brands
VINCCI
The most prominent brand under rendering Padini family in Malaysia. A footgear brand, most of its shoes lap up made from synthetic material. It along with sells watches, sunglasses, PVC handbags promote bead accessories.
MIKI
The two brands hang the MIKI flag are MIKI Children and MIKI Maternity. MIKI Kids negative aspect designed for toddlers while Miki 1 is designed for mums-to-be. Polyester spandex, poly rayon spandex, cotton poplin pointer cotton nylon are among the funds used.
SEED
SEED focuses on urban office-wear for the masses. The clothes entry this line are usually jackets, coats, suits, office pants and knee-length skirts.
Padini Authentics
This brand focuses on unpremeditated wear, targeting the teenagers segment bring into being the market. It sells pullovers, jackets, shirts and a variety of cloth, khakis and knitwear.
BRANDS OUTLET
Brands Exit consists of 13 sub brands, explicitly ROPE, GARAGE, STUDIO, BO ACCESORRIES, FILANTO, GAMESTER, HOTSHOT, PORTOFINO, OCEANO, MOVE, Mastery, BLITZ & INDUSTRIE
Subsidiaries
The company's head subsidiaries include Vincci Ladies’ Specialties Midst Sdn. Bhd, Padini Corporation Sdn. Bhd., Seed Corporation Sdn. Bhd., Yee Fong Hung (Malaysia) Sendirian Berhad, Mikihouse Children’s Wear Sdn. Bhd., Vincci Holdings Sdn. Bhd., Padini Dot Com Sdn. Bhd., The New World Garment Manufacturers Sdn. Bhd., and Padini International Limited.