Wegmans Holdings Berhad

Wegmans Holdings Berhad is a Malaysian investment holding company whose wholly-owned subsidiary, Wegmans Furniture Industries Sdn Bhd, designs, manufactures and sells home furniture products. The brand traces its origins to 1999, when the furniture business began operations, and today positions itself around the philosophy of 'the ultimate elegance' — offering stylish, high-quality furniture at a fraction of the cost customers might expect. The company is headquartered in Muar, Johor, a town long associated with Malaysia's furniture manufacturing cluster. The group's principal activities are split between investment holding at the listed-entity level and the design, manufacture and sale of home furniture at the operating subsidiary level. Its customers are mainly wholesalers, retailers, chain stores and traders, and the majority of its home furniture products are exported. According to the company, it exported consistently to 14 countries between January 2012 and September 2017, reflecting a strong export-oriented business model. Wegmans Holdings Berhad was incorporated in Malaysia on 22 February 2017 as a private limited company under the name Wegmans Holdings Sdn Bhd. On 29 May 2017 it was converted into a public limited company and renamed Wegmans Holdings Berhad in order to list its group on the ACE Market of Bursa Securities Malaysia. The company's vision is to be a leading international furniture manufacturer offering innovative and superior quality products, while its mission emphasises warmth and comfort experienced by customers through respect and trust. The brand's product range focuses on home furniture collections, marketed under the 'ultimate elegance' tagline. Its corporate website provides investor relations materials including Bursa announcements, annual reports, circulars to shareholders, AGM and EGM minutes, stock quotes and corporate governance information, indicating an active public-listing presence. The company remains active and continues to operate from its Muar base.

The Wegmans furniture business began operations in 1999, according to the company's own tagline 'the ultimate elegance since 1999'. It established itself as a home furniture manufacturer based in Muar, Johor, Malaysia — a region known for its furniture manufacturing industry. Over the years the business developed an export-oriented model, selling mainly to wholesalers, retailers, chain stores and traders. The company reports that it exported consistently to 14 countries between January 2012 and September 2017. On 22 February 2017, Wegmans Holdings Sdn Bhd was incorporated in Malaysia as a private limited company. Its principal activity was investment holding. On 29 May 2017, the company was converted into a public limited company and renamed Wegmans Holdings Berhad, with the intention of listing its group on the ACE Market of Bursa Securities Malaysia. As part of the listing exercise, it acquired Wegmans Furniture Industries Sdn Bhd, which became its wholly-owned subsidiary and the operating entity responsible for the design, manufacture and sale of home furniture products. The group's corporate website, copyrighted 2018, provides investor relations materials including Bursa announcements, annual reports and corporate governance reports, circulars to shareholders, AGM and EGM minutes, and stock quotes, confirming its status as a listed public company. The company continues to operate from its headquarters at Lot PTD 6967, Jalan Kempas 3, Kawasan Perindustrian Bakri, 84200 Muar, Johor, Malaysia.

• 2017

  Wegmans Holdings Sdn Bhd incorporated in Malaysia on 22 February 2017 as a private limited company.

• 2017

  Converted into a public limited company and renamed Wegmans Holdings Berhad on 29 May 2017 to list on the ACE Market of Bursa Securities.

• 2017

  Acquired Wegmans Furniture Industries Sdn Bhd as a wholly-owned subsidiary.

• 1999

  Wegmans furniture business begins operations, as reflected in the tagline 'the ultimate elegance since 1999'.

Offers 'the ultimate elegance' in home furniture — innovative, superior quality products at a fraction of the expected cost, targeting wholesalers, retailers, chain stores and traders with an export-oriented model.

• Home furniture collections

  Design, manufacture and sale of home furniture products under the 'ultimate elegance' philosophy.

1. 1Wegmans Holdings Berhad – The Ultimate Elegancewegmans.com.my
2. 2About Us – Wegmans Holdings Berhadwegmans.com.my
3. 3Our Products – Wegmans Holdings Berhadwegmans.com.my
4. 4Corporate Video – Wegmans Holdings Berhadwegmans.com.my
5. 5Wegmans Holdings Berhad – Wikidatawikidata.org