Company Profile

Incorporated in 1960 and listed on the Stock Exchange of Malaysia and Singapore in 1969, ALCOM is the leading manufacturer of aluminium rolled products in Malaysia and the surrounding region
With an output capacity of about 30kt per annum, ALCOM has a sizeable market in the ASEAN region, as well as the North African and Middle Eastern regions. Almost half of ALCOM’s annual production is exported to markets in Thailand, Singapore, Brunei, Philippines, Vietnam, Taiwan, Hong Kong, Japan, South Korea, Middle East, Egypt and Australia.
The Company’s range of aluminium rolled products include:-

  1. Specialties which comprise of flat and coil sheets, embossed sheets, cladding sheets, roofing sheets, stamps parts for capacitors used in the transportation, building and electronics industries
  2. Foil stock for packaging industries
  3. Bare and coated fins stock for air-conditioning industries
With strong technical and R&D competence, ALCOM is recognized for its high quality, reliability and product innovation, delivering solutions in its diverse range of product offerings.

Financial Strength

Our focus is on premium products in established and emerging markets driven by our model of sustainable manufacturing and delivering results that includes impressive EBITDA and cash flow achievements. Our solid financial foundation, operational excellence and forward-looking asset allocation strategy has positioned ALCOM for significant growth.

Corporate Information

  • Board Of Directors

    The Board of Directors (“Board”) of ALCOM provides counsel and guides the long-term direction of the Company.

    DATO’ SERI SUBAHAN BIN KAMAL Independent, Non-Executive Chairman, Male, Aged 52
    Dato’ Seri Subahan bin Kamal was appointed to the Board of ALCOM on 10 January 2018. He is a member of the Audit and Risk Management Committee, Nomination Committee and Remuneration Committee of ALCOM.

    HEON CHEE SHYONG Non-Independent, President cum Chief Executive Officer, Male, Aged 50
    Heon Chee Shyong was appointed to the Board of ALCOM as Managing Director of ALCOM on 17 November 2014. Chee Shyong also serves as director in the subsidiary company within the ALCOM Group, i.e. Alcom Nikkei Specialty Coatings Sdn. Bhd. He is also the current Chairman of Aluminium Manufacturers Group of Malaysia (FMM-AMGM).

    YEOH JIN HOE Non-Independent, Executive Director, Male, Aged 71
    Yeoh Jin Hoe was appointed to the Board of ALCOM on 30 September 2016. He is the father of Executive Directors, Marc Francis Yeoh Min Chang and Keith Christopher Yeoh Min Kit. He is a major shareholder of ALCOM.

    DATO’ ENG KIM LIONG Non-Independent, Executive Director, Male, Aged 53
    Dato’ Eng Kim Liong was appointed to the Board of ALCOM on 8 November 2017. He is a major shareholder of ALCOM.

    ANG LOO LEONG Non-Independent, Executive Director, Male, Aged 53
    Ang Loo Leong was appointed to the Board of ALCOM on 8 November 2017. He is a major shareholder of ALCOM.

    WONG CHOON SHEIN Independent, Non-Executive Director, Male, Aged 67
    Wong Choon Shein was appointed to the Board of ALCOM on 1 November 2016. He is the Chairperson of the Nomination Committee and a member of the Audit and Risk Management Committee and Remuneration Committee of ALCOM.

    LAM VOON KEAN Independent, Non-Executive Director, Female, Aged 65
    Lam Voon Kean was appointed to the Board of ALCOM on 1 March 2018. She is the Chairperson of the Audit and Risk Management Committee and Remuneration Committee, and a member of the Nomination Committee of ALCOM.

    MARC FRANCIS YEOH MIN CHANG Alternate Director to Yeoh Jin Hoe, Male, Aged 33
    Marc Francis Yeoh Min Chang was appointed as Alternate Director to Yeoh Jin Hoe on 24 January 2018. Marc Yeoh also serves as a director of ALCOM’s subsidiary, Alcom Nikkei Specialty Coatings Sdn. Bhd. He is the son of Executive Director and major shareholder, Yeoh Jin Hoe.

  • Board Committees

    The Board of Directors (“Board”) of ALCOM provides counsel and guides the long-term direction of the Company.

    BOARD OF DIRECTORS
    Dato’ Seri Subahan Bin Kamal (Chair)
    Heon Chee Shyong
    Yeoh Jin Hoe
    Dato’ Eng Kim Liong
    Ang Loo Leong
    Wong Choon Shein
    Lam Voon Kean

    AUDIT & RISK MANAGEMENT COMMITTEE
    Lam Voon Kean (Chair)
    Dato’ Seri Subahan Bin Kamal
    Wong Choon Shein

    NOMINATION COMMITTEE
    Wong Choon Shein (Chair)
    Dato’ Seri Subahan Bin Kamal
    Lam Voon Kean

    REMUNERATION COMMITTEE
    Lam Voon Kean (Chair)
    Wong Choon Shein
    Dato’ Seri Subahan Bin Kamal

  • Board Charter

    1. PURPOSE OF CHARTER
    1.1 The Board Charter sets out the role, composition and responsibilities of the Board of Directors (“the Board”) of Aluminium Company of Malaysia Berhad (“the Company” or “ALCOM”).
    1.2 The conduct of the Board is also governed by the Articles of Association (“AA”) of the Company. A number of operational matters relating to the Board such as number of meetings per year, notification of interest, and election of directors are governed by the AA and are not reproduced here.

    2. COMPOSITION
    2.1 The number of the directors shall not be less than 3 but not more than 9 as set out in the AA.
    2.2 In accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Company must ensure that at least 2 directors or 1/3 of the board of directors of the Company, whichever is the higher, are independent directors. If the number of directors of the Company is not 3 or a multiple of 3, then the number nearest 1/3 must used.
    2.3 Pursuant to the AA of the Company, every newly appointed director be subjected to re-election at the immediate Annual General Meeting (“AGM”). Further, one third (1/3) of the Board shall retire from office and be eligible for re-election at every AGM. All directors shall retire from office at least once in each 3 years.
    2.4 The Board considers an independent Director to be a Director who is:
    Not a member of management at the Company; and
    Free of any business or other relationship or interest that could materially interfere with, the Director’s ability to act in the best interest of the Company.
    2.5 The Board will review the independence of each director from time to time, in determining the independence of a Director, the Board will consider the effect of a Director’s business and other relationships and interest from both the Company’s and the Director’s perspectives. In particular, the Board will have regard to whether the Director:-
    has a material contractual relationship with the Company other than as a Director of the Company;
    is a material supplier or customer of the Company, or an officer or otherwise directly or indirectly associated with a material supplier or customer of the Company; and
    has any interest or any business or other relationship which could materially interfere with the Director’s ability to act in the best interest of the Company;
    2.6 The Board will consider gender diversity, where appropriate for the appointment of Directors to the Board.

    3. ROLE AND RESPOSIBILITIES
    3.1 The role of the Board of the Company is to provide strategic guidance to the Company and effective oversight of its management for the benefit of Shareholders and other stakeholders.
    In performing its role the Board:
    3.1.1 Shall maintain and help the Company in maintaining its Corporate Governance practices.
    3.1.2 Shall act in good faith and exercise due care, diligence and integrity in performing their office duties.
    3.1.3 Shall ensure that they use the Company’s assets, properties, information and intellectual rights for official purposes.
    3.1.4 Shall not seek, accept or receive, directly or indirectly, any gift, payments or favor in whatsoever form from the Company’s business associates, which are or may be perceived as being given to gain favor or dealing with the Company.
    3.1.5 Shall maintain confidentiality of information entrusted by the Company or acquired during performance of their duties and shall not use it for personal gain or advantage.
    3.1.6 Shall not, without the prior approval of the Board, accept employment or a position of responsibility with any other organization for remuneration or otherwise that is prejudicial to the interests of the Company and shall not allow personal interest to conflict with the interest of the Company.
    3.1.7 Shall in conformity with applicable legal provisions disclose any personal and/ or financial interest in any business dealings concerning the Company and shall declare information about their relatives (spouse, dependent children and dependent parents) including transactions, if any, entered into with them.
    3.1.8 Shall ensure full, fair, accurate, timely, and understandable disclosure in reports and documents that the Company files with, or submits to, the Bursa Securities and/or other relevant Authorities.
    3.2 Subject to paragraph 3.1, the Board delegates authority for the operations and administration of the Company to the Managing Director and other senior executives of the Company.
    3.3 The Board is responsible to the Shareholders for the overall strategy, governance and performance of the Company. The responsibilities of the Board include the following:-
    3.3.1 Reviewing, approving and monitoring the Company’s major strategies, financial objectives and plans;
    3.3.2 Decision making regarding matters of a sensitive, extraordinary or strategic nature;
    3.3.3 Approving and monitoring acquisitions and divestments, capital management and major expenditure;
    3.3.4 Ensuring procedures and compliance controls are established and are operating effectively to promote best practice corporate governance;
    3.3.5 Identifying principal risks and to establish a proper risk management system to manage such risks;
    3.3.6 Monitoring the performance of senior management and its implementation of strategy and budgets;
    3.3.7 Reporting to Shareholders;
    3.3.8 Evaluation of Board processes and performance;
    3.3.9 Reviewing the adequacy of systems to comply with all laws and regulations which apply to the Company and its business and operations;
    3.3.10 Monitoring compliance with regulatory requirements and ethical standards; and
    3.3.11 Reviewing and approving annual statutory accounts and monitoring quarterly financial results and authorize the same for releasing to the Bursa Securities and other authorities.
    3.4 Board/MD Relationship
    The Board ensures that the role of the Chairman and Managing Director are strictly separated and the Chairman is a non-executive member of the Board.
    3.5 Board Committees
    3.5.1 The Board may from time to time establish Committees as is considered appropriate to assist in carrying out its duties and responsibilities. The Board delegates certain functions to the followings Committees to assist in the execution of its responsibilities:-
    Audit Committee
    Nomination Committee
    Remuneration Committee
    Share Options Committee
    3.5.2 The Board may establish additional committees to assist it in carrying out its responsibilities. The Board may also delegate specified responsibilities to ad-hoc committees from time to time. Formal charters setting out the objectives, scope and administration of each committee have been and will be created.
    3.6 Board Review
    The Board will review the size and composition of the Board annually. The Board will also assess the Board’s performance annually, in order to confirm that its processes and procedures remain adequate to ensure that it is carrying out its functions as effectively as possible.
    3.7 Board Meetings
    3.7.1 The Board shall conduct at least four (4) scheduled meetings annually, with additional meetings to be convened as and when necessary.
    3.7.2 Minutes of all Board meetings are circulated to directors and approved by the Board at the subsequent meeting. Proceedings of all meetings are signed by the Chairman and Secretary of the Meeting.
    3.7.3 Attendance at a meeting may be by being present in person or by participating in the meeting via video or teleconference.

    4. CHAIRMAN
    The role of Chairman is to ensure that the Board fulfills its roles. The responsibilities of the Chairman include:-
    Chairing Board meetings and Shareholders’ general meeting;
    Providing appropriate leadership to the Board and the Company; and
    Assisting in Board discussions to key issues facing the Company.

    5. MANAGING DIRECTOR
    The Managing Director is responsible for the executive management of the Company and is accountable to the Board for its day-to-day operations. The Managing Director may delegate such of the powers conferred by the Board, as the Managing Director deems appropriate.

    6. DIRECTORS
    6.1 The Company encourages Directors to question, request information, raise issues of concern, consider and canvas any issues facing the Company and cast their vote on any resolution in accordance with their own, independent judgment.
    6.2 Directors must maintain the confidentiality of confidential Board discussions, deliberations and decisions, which have not been publicly disclosed by the Company and must not be used for personal advantage.
    6.3 In order to fulfill their legal and statutory requirements, Directors of the Company must:
    6.3.1 Disclose to the Company Secretary all other directorships held (both public and private);
    6.3.2 Discharge their duties in good faith and act with honesty, integrity, responsibly, with due care, competence and diligence, without misrepresenting or omitting material facts or allowing independent judgment to be compromised
    6.3.3 Avoiding actual or apparent conflicts between personal interests and the interests of the Company;
    6.3.4 Not take improper advantage of the position of being a Director;
    6.3.5 Make reasonable enquiries to ensure that information is accurate, complete, objective, relevant, timely and understandable for disclosure in reports and documents that the Company files with securities authorities and in any other public document; and
    6.3.6 Comply with applicable accounting and reporting policies, laws and regulations.
    6.4 Directors are required to disclose any conflict of interest and to refrain from participating in any deliberations or voting upon matters in which they have a material personal interest. In circumstances where a Director considers that they have a conflict of interest, the Director must disclose to the Board any actual or potential conflicts of interest which may exist or might reasonably be perceived to exist, as soon as they arise and comply with the provisions of the Companies Act regarding the disclosure of interests and restrictions on voting.

    7. SENIOR MANAGEMENT
    Directors may request briefings from senior management on specific issues through the Managing Director. Management is required to advise the Managing Director of all discussions with Directors relevant to the business of the Company.

    8. COMPANY SECRETARY
    8.1 The Company Secretary has authority to countersign documents of the Company, provided that the Company Secretary is first satisfied that the document has been properly authorized for signature; and the documents has been signed by a Director of the Company.
    8.2 The Company Secretary is responsible for organizing Board meetings, preparing agendas and Directors’ attendances and performing certain statutory obligations relating to the Company’s annual returns and lodgement of documents with Registrar of Companies and Bursa Securities.

    9. ACCESS TO INFORMATION AND INDEPENDENT ADVICE
    The Directors, collectively or individually, may seek independent professional advice and information in the furtherance of their duties at the Company’s expense, so as to ensure the Directors are able to make independent and informed decisions.

    10. REVIEW OF CHARTER
    The Board Charter has been adopted by the Board on 17 February 2015. Any subsequent amendment to the Charter can only be approved by the Board. The Board Charter will be periodically reviewed and updated in accordance with the needs of the Company and any new regulations that may have an impact on the discharge of the Board’s responsibilities.

  • Terms Of Reference
  • Code Of Conduct
  • AGM - Summary of Key Matters Discussed

Financial Information

Investors’ Contact

Looking for more information about ALCOM? We look forward to speaking with you.

Bernard Gomez
Director, Finance
Phone: +603 3346 6224 (DID)
E-mail: bernard.gomez@alcom.com.my

Tan Bee Keng
Company Secretary
Phone: +603 7804 8590
E-mail: bktan@alcom.com.my

Alcom Group Berhad 1261259-V
Aluminium Company of Malaysia Berhad 3859-U

No. 3 Persiaran Waja
Bukit Raja Industrial Estate
41050 Klang, Selangor, Malaysia.
Tel: +60 3 3346 6262 / +60 3 3341 2311
Fax: +60 3 3341 2793
Email: info@alcom.com.my

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