- CEO
- Kamal Kumar Kamdar
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Mar 29, 2005
- Business
- Kamdar Group (M) Bhd. is a Malaysia-based investment holding company primarily engaged in the retailing and wholesaling of textiles, garment apparel, and home furnishings. The company operates through two principal business segments: Textile, and Investment and Management. Its comprehensive product and service offerings comprise textile fabrics and materials, including traditional textiles such as batik and songket, cotton, silk, polyester, lace, linen, and synthetic blends; ready-to-wear fashion and apparel for men, women, and children, including casual wear, corporate and office attire, traditional ethnic garments, and school uniforms; home furnishings and interior textiles, including curtains, draperies, upholstery fabrics, bed linens, pillowcases, cushions, floor rugs, and bath towels; institutional supply solutions catering to government bodies, educational institutions, healthcare facilities, and the hospitality industry; in-store tailoring and sewing services for customized home decor and apparel; and property investment, leasing, and asset management activities. Headquartered in Kuala Lumpur, Malaysia, the company was established in 1972 and publicly listed on the Main Market of Bursa Malaysia in 2005. The group operates a nationwide network of retail department stores across Malaysia alongside dedicated e-commerce sales channels, managing operations through subsidiaries including Kamdar Sdn. Bhd., Pusat Membeli-Belah Kamdar Sdn. Bhd., Kamdar (South) Sdn. Bhd., Kesar Sdn. Bhd., Kamdar Holdings Sdn. Bhd., and Mint Saga (M) Bhd. In recent corporate developments, the group has engaged in retail network optimization and asset rationalization initiatives, including the closure of non-performing retail premises such as its outlet at Aeon Mall Shah Alam, the monetization of non-core real estate assets through the sale of a three-storey commercial shop office in Bandar Sunway by wholly owned subsidiary Kesar Sdn. Bhd. for 3.65 million Malaysian ringgit, and corporate governance adjustments concerning its external auditing engagements.