Company Synergy House

Equities

SYNERGY

MYQ0279OO008

Home Furnishings

End-of-day quote BURSA MALAYSIA 03:30:00 28/05/2024 am IST 5-day change 1st Jan Change
1.61 MYR -2.42% Intraday chart for Synergy House 0.00% +128.37%

Business Summary

Synergy House Berhad is a Malaysia-based company, which is engaged in investment holding and provision of management services. The Company is a cross-border e-commerce seller and furniture exporter that specializes in ready-to-assemble (RTA) home furniture. The Company's sales channels include both business-to-business (B2B) and business-to-consumer (B2C) models. Under the B2B model, the Company sells its RTA home furniture to online retailers, chain-store retailers, and wholesalers. These products may be branded under third-party brand names. The Company's B2C sales model involves direct sales to end-consumers through its in-house online store and third-party e-commerce platforms, such as Wayfair US, Wayfair UK, Amazon US, Amazon UK, Cenports, Mano Mano and eBay. These products may carry its in-house brand names or third-party brand names. Its B2C sales serve international markets. The Company's products include bedroom furniture, living room furniture and dining room furniture.

Number of employees: 165

Sales per Business

MYR in Million2022Weight2023Weight Delta
Business-to-business
55.0 %
144 74.4 % 149 55.0 % +2.79%
Business-to-consumer
45.0 %
50 25.6 % 122 45.0 % +145.23%

Sales per region

MYR in Million2022Weight2023Weight Delta
United States
51.5 %
76 39.0 % 139 51.5 % +83.80%
United Kingdom
32.8 %
82 42.4 % 88 32.8 % +7.55%
United Arab Emirates
11.5 %
23 11.6 % 31 11.5 % +38.34%
Malaysia
3.2 %
10 5.3 % 9 3.2 % -15.48%
Asia (excluding Malaysia)
0.8 %
3 1.6 % 2 0.8 % -31.16%
Others
0.2 %
0 0.1 % 0 0.2 % +199.57%

Managers

Managers TitleAgeSince
Director of Finance/CFO 36 01/22/01
- -
Sales & Marketing 46 01/08/01
Corporate Secretary - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 09/22/09
Chairman 67 03/21/03
Director/Board Member 49 03/21/03
Director/Board Member 49 03/21/03
Director/Board Member 53 03/21/03
Director/Board Member 34 03/21/03

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 500,000,000 84,784,300 ( 16.96 %) 0 16.96 %

Shareholders

NameEquities%Valuation
SYNERGY HOUSE FURNITURE HOLDINGS SDN BHD
74.00 %
370,000,000 74.00 % 116 M RM
PMB Investment Bhd.
0.9234 %
4,617,100 0.9234 % 1 M RM
BOS Wealth Management Malaysia Berhad
0.2000 %
1,000,000 0.2000 % 312 210 RM
Phillip Capital Management Sdn. Bhd.
0.1200 %
600,000 0.1200 % 187 326 RM
125,000 0.0250 % 39 026 RM

Company contact information

Synergy House Bhd.

Lot 19.A, Level 19, Top Glove Tower No. 16, Persiaran Setia Dagang

40170, Shah Alam

+

http://www.synergyhouseberhad.com
address Synergy House(SYNERGY)