Astramina Group Bhd.
MMYX:ASTRA0.50
MYR
0.00
(0.00%)
ISIN
MYL03032O009
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
35.14
81.12
5Y
35.14
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Chi Ching Foo
- Sector
- Consumer non-durables
- Industry
- Food: major diversified
- Address
- Damansara Malaysia
- IPO Date
- Dec 3, 2019
- Website
- astraminagroup.com
- Similar Companies
- Business
- Astramina Group Berhad is a Malaysia-based investment holding company that engages in the manufacturing, blending, trading, and distribution of food seasonings, specialized food ingredients, and flavoring solutions through its operating subsidiaries, Seasonings Specialities Sdn. Bhd. and Astramina Sdn. Bhd. Founded in 1997 and headquartered in Puchong, Selangor, Malaysia, the company operates primarily through two business segments: Manufacturing and Trading. The Manufacturing segment develops and produces proprietary and customized food seasoning powders and savory blends; snack food seasonings; instant noodle seasonings and soup premixes; meat, poultry, and seafood marinades; sauce, gravy, and batter premixes; bakery flavor compounds; and functional food ingredient systems. The Trading segment supplies and distributes a diverse array of imported and locally sourced food ingredients, including natural and artificial flavorings; spice extracts and oleoresins; botanical essential oils; food colorants; hydrolyzed vegetable proteins; flavor enhancers; and food additives. In addition, the company provides value-added product development, customized formulation, contract blending, and original equipment manufacturing (OEM) services adhering to Halal, HACCP, and ISO food safety certifications, catering to industrial food and beverage manufacturers, commercial meat processors, snack producers, and foodservice operators. Geographically, the company serves the domestic Malaysian market and exports to international markets across the Asia-Pacific region, including Singapore, Indonesia, Thailand, and the Philippines. In recent major developments, Astramina Group Berhad has advanced initiatives to transfer its listing from the LEAP Market to the ACE Market of Bursa Malaysia Securities Berhad to broaden its institutional investor base and enhance share liquidity. Operationally, the company has expanded its manufacturing and storage capacity by upgrading automated powder blending lines, cleanroom processing suites, and warehousing facilities. The company has also expanded its product portfolio with the introduction of clean-label seasonings, sodium-reduced flavor enhancers, and customized savory blends tailored for the plant-based and alternative protein food sectors, supported by newly established procurement partnerships for premium botanical extracts and spice oleoresins.