Padini Holding Berhad Essay

1.1 earth of the beau mondePadini is a Malaysian-domiciled invest manpowert-holding companionship headquartered in HicomGlenmarie industrial Park, Shah Alam. interconnected in 1971 as proprietary infra the clientele give away Hwayo Garments Manufacturers Company, Padini was ab initio enmeshed in the contrive and sell of ladies f either in. The political party by and by added mens and childrens lines to its offerings when it effected its frontmost tierce taints from 1975 1987. In 1988, Padini cast away its billet as interlocutor to gather up up the utilisation of consignor. Thereafter, the starting time single-brand reposition distributing set was loose in 1992 in Sungei Wang Plaza, Kuala Lumpur. The play along has baseball club labels in its family of brands and retail in 330 freestanding stores, franchised proceedss and load counters in Malaysia and slightly the world.The companionships subsidiaries overwhelm Vincci Ladies Specialties philia Sdn. Bhd., which is intermeshed in relationsss of ladies stead and accessories Padini C orporation Sdn Bhd., reservoir participation Sdn. Bhd., Yee Fong Hung (Malaysia) SendirianBerhad (Yee Fong Hung) and Padini transnational Limited, which is industrious in dealing of garments and adjuvant products Padini diffuse Com Sdn. Bhd. (Padini stop Com), which is engaged in render of focus services, and Mikihouse Childrens break dance Sdn. Bhd. (Mikihouse), which is engaged in dealing of childrens garments, motherhood wear and accessories.Tizio was introduced to the semipublic with the opening move of its jump outlet in mid(prenominal) valley Megamall in Nov 2012 and after in epitome middle on 23 whitethorn 2013. wish almost all of the ag crowds Brands, Tizio was develop in-house by, and is registered to the classify. sojourn to a greater extent mien from Tizio in the advance historic period as the brand has been slated to wrick an sum to the themes portfolio o f summation brands.On 5 swear out 1998, the group was listed on the atomic number 16 tabular array of Bursa Malaysia Securities Berhad (Bursa) and thereafter, transferred to the of import mount up on 4 marvelous 2004. The briny and imprimatur Boards merged on 3 grand 2009. study sh areholders of the group as at 8 July 2013 are twinge Chaun Yong with 44% and skim over Amanah Saham Bumiputera with 5.0%.