SGX Research Series: 10 in 10

MeGroup bets on twin growth engines of manufacturing and dealership

1. Describe MeGroup’s business segments and their growth drivers.


MeGroup posts 10.3% dip in FY20 earnings to RM1.2 mil

SINGAPORE (July 17): Malaysian-based automotive distributor and parts manufacturer MeGroup today announced that earnings for FY20 dipped 10.3% to RM1.2 million ($0.4 million) from RM1.4 in FY19, du

Company in the news

MeGroup uses two 'engines' to capture bigger share of growing Malaysian car market

SINGAPORE (Feb 14): The automotive market in Malaysia has seen four consecutive years of growth since 2016, according to data from the Malaysian Automotive Association (MAA).


MeGroup ups stake in subsidiary operating Honda dealership in Malaysia

SINGAPORE (Oct 6): Catalist-listed MeGroup has entered into a definitive sale and purchase agreement to acquire an additional 25% stake in subsidiary MJN Motors, which operates the group’s Honda de


MeGroup wins rights to operate Ford dealership in Selangor

SINGAPORE (July 8): MeGroup, the Malaysia-based car distributor, has won the rights to operate a Ford 3S automobile dealership.


MeGroup reports 84% fall in FY19 earnings on absence of one-off gains and listing expenses

SINGAPORE (May 30): MeGroup reported a 84.4% drop in full-year earnings to RM1.4 million ($0.46 million) from RM8.9 million a year ago.


MeGroup awarded Hyundai dealership in Malaysia

SINGAPORE (Apr 16): Catalist-listed MeGroup has been appointed official distributor of Hyundai automobiles in Malaysia by Hyundai-Sime Darby Motors Sdn Bhd.

Broker's Calls

More mileage with MeGroup on twin engines of growth, says CGS-CIMB

SINGAPORE (Mar 6): MeGroup, the Catalist-listed car component supplier and car dealership, is proxy to 70% of Malaysia’s auto market, says CGS-CIMB Research.


MeGroup reports 64% fall in 1H earnings on absence of one-off gain

SINGAPORE (Dec 12): MeGroup, the Catalist-listed Malaysian car dealership and automotive parts manufacturer, reported earnings of RM2.7 million ($0.88 million) for 1H19 ended Sept, 64% lower compar


MeGroup says IPO public tranche 1.3 times subscribed

SINGAPORE (Oct 30): MeGroup says the public tranche of its Initial Public Offer was approximately 1.3 times subscribed.

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