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Inception Year | 2007 |
---|---|
Industry Classification | Apparel Clothing |
Type of Listed Shares | Common Shares |
No. of Listed Shares | 40,000,000 |
Code | KH1000020003 |
Symbol | GTI |
Listing Date | 16-Jun-2014 |
No. of Staffs | 5,773 employees |
Website | www.grandtwins.com.kh |
Grand Twins International (Cambodia) Plc. is a manufacturer of garments. It was incorporated in 2007. In 2008, it acquired QMI Industrial Co., Ltd, one of the first major garment manufacturers setting up operation in Cambodia since the 1990s.
Grand Twins are manufacturing subcontractor and manufacturer of apparel for export. Today, its product portfolio includes world renowned sport apparel brand names including Adidas, Reebok, Taylor Made, Salomon, New Balance (NB), Kohl's, Nautica, North Face, Russell Athletic, etc.
Grand Twins' export destinations include countries in Europe (49% of revenue in 2016), the United States (23% of revenue in 2016), Asia and other countries (28% of revenue in 2016).
Board of Directors | Title |
---|---|
Mr. Yang Shaw-Shin | Chairman |
Mr. Liao Chung-Te | Executive director and CEO |
Ms. Wang Yi Ting | Non-executive director |
Mr. Chen Tsung-Chi | Non-executive director |
Oknha Ly Kunthai | Independent director |
Substantial Shareholders
Substantial Shareholder | % Shares |
---|---|
GRAND TWINS INTERNATIONAL LTD | 41.00% |
HOPE RIDGE LIMITED | 9.60% |
Note: Substantial shareholders: shareholders holding ≥5% of listed shares.
Dividend Policy
The remaining net profit after following distribution will be paid fully or partially to ordinary shareholders:
- 10% of net profit after remaining from distribution to the loss incurred previous year shall be reserved for future loss.
- After the compensation for loss and reserves the remaining profit will be distributed as below:
- No more than 3% of net profit after tax will be paid as compensation for BOD.
- Not less than 5% of net profit after tax will be paid to employee as a bonus.
IPO
IPO Information | |
---|---|
IPO Price (KHR) | 9,640 |
Par Value (KHR) | 1,000 |
No. of listed shares | 40,000,000 |
No. of issued shares | 8,000,000 |
1st trading date | 16-Jun-2014 |
1st closing price (KHR) | 9,220 |
Underwriter | Phnom Penh Securities Plc |