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Favelle Favco Bhd
Lot 586, 2nd Mile, Jalan Batu Tiga Lama
Phone: +60 333495465p:+60 333495465 KLANG, 41300  Malaysia Ticker: FAVCOFAVCO
This is a Subsidiary, click here for the Parent Company
Business Summary
Favelle Favco Berhad is a Malaysia-based investment holding company. The Company's segments include Cranes and Intelligent Automation. The Cranes segment is engaged in designing, manufacturing, supplying, trading, leasing and services provider of offshore oil and gas pedestal cranes, tower cranes, shipyard cranes and other heavy lifting equipment cranes. The Intelligent Automation segment is engaged in designing, engineering and maintenance services for integrated automation solutions, process analyzers and specialized equipment for various industries. The Company's brands include Favelle Favco and Kroll. The Company's range of cranes includes offshore, tower, wharf and crawler cranes. Kroll cranes are heavy lifting electric hammerhead cranes. Its K-series crane sizes range from 70-meter tons to 25000-meter tons. Favelle Favco cranes are high speed diesel hydraulic luffing cranes. Its M-series crane sizes range from 60-meter tons to 2000-meter tons. It also provides crane rentals.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2022Yes----

Industries
SIC Code Description
3531 Construction machinery and equipment
7359 Equipment rental and leasing, not elsewhere classified
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board KhazaliBin Haji Ahmad 68 7/4/2022 4/16/2018
Chief Executive Officer, Managing Director, Executive Director Chung HuiMac 44 8/26/2013 5/5/2004
Group Finance Director, Executive Director Poh KweeLee 57 1/24/2003 1/24/2003
10 additional Officers and Directors records available in full report.

Business Names
Business Name
FAVCO
Favelle Favco Berhad
Favelle Favco Cranes (M) Sdn Bhd
Favelle Favco Management Services Sdn Bhd
Shanghai Favco Engineering Machinery Manufacturing Co Ltd.

General Information
Number of Employees: 439 (As of 12/31/2022)
Outstanding Shares: 233,905,763 (As of 4/19/2024)
Shareholders: 4,900
Stock Exchange: KUL
Fax Number: +60 333429807


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Thursday, April 25, 2024