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Name
of Company: Halim Mazmin Bhd
Executive Chairman: TAN SRI DATO'
HALIM BIN MOHAMMAD
Few Malaysian companies have treaded
the path Halim Mazmin Bhd has and fewer still
Bumiputra companies have taken such path to
success and glory in the challenging business
of international shipping.
In the field of maritime
transportation, Halim Mazmin Bhd, forged out
of an alliance between Halim and his wife,
Mazmin, has 21 years proven track record of
profitability and performance has established
standards in the industry for others to
follow.
From its humble beginning in the
backwaters of Port Klang, HMB has acquired
worldwide reputation with strong international
links and strategic alliances with reputable
international shipping companies like NYK of
Japan, DSR- Senator Lines of Germany, Hanjin
of Korea and Kien Hung of Taiwan.
Halim Mazmin Bhd is now the largest
private sector-owned shipping line in Malaysia
with a fleet size of nine vessels totaling
311,151 deadweight tonnes
Company owns the largest vessel
registered in Malaysia - a 150,000 deadweight
tonnes capesize bulk cargo carrier, Meridian
Polaris.
The success and the resilience of the
Halim Mazmin Bhd, listed on KLSE (Second
Board) in 1996, is best demonstrated by the
fact that it is now ready to move to the Main
Board of KLSE in October after having the
necessary approval from regulatory agencies
recently.
Halim Mazmin Bhd has impressive
financial track record and credentials. It has
recorded uninterrupted profit since listing.
With a turn over exceeding RM90
million, and offering a high return on
Shareholders' Fund of about 18 per cent, Halim
Mazmin has clearly established itself as one
of the most profitable Second Board companies
and remained firm on investors and
shareholders' confidence despite the violent
fluctuations in the market.
Halim Mazmin Bhd proved its resilience
by demonstrating its ability to weather
recession as it came unscathed and unaffected
by the last financial crisis.
As a company committed to meeting
social and welfare needs of the community,
Halim Mazmin Bhd is involved in assisting
government in its efforts to re-train ex-armed
forces personnel and also extends scores of
scholarships to needy students in Terengganu
and practical stints and exposure for
graduating students.
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