Kamdar Sdn Bhd was established in Malaysia since 1972, and has since achieved a dominant position in the garment and textile departmental store industry.

The Kamdar brand name has been well known for several generations. It has become part of Malaysian history, a fact of which Kamdar is very proud. Kamdar is well known for its extensive range and quality of garment and textile products. Kamdar stores specialize in textile fabric, furnishing fabric, in-house designed garments for ladies, men and children’s clothes, Indian clothing and school uniforms.

The Kamdar brand stands for quality of service, history and value for money. The company is perceived by the public as a trustworthy, value-for-money store with a difference. The Kamdar logo, with its distinctive typeface and turquoise with black corporate colours – fostering an environmentally aware, clean, fresh and new image – is instantly recognisable throughout Malaysia.

FINANCIAL FACTS

In 2004, Kamdar Group (M) Berhad was established as the holding company for the group in order to facilitate its listing on the main board of the KLSE.

Despite the extremely intensive competition in the retail industry, Kamdar has grown turnover and earning impressively at the year 5-year CAGR of 8% and 10% respectively since 1996. compared to other listed retailers, Kamdar has the most superior PBT margin and second highest PBT-level among retailers in Malaysia.

PERSONNEL

After more than 44 years of growth, Kamdar has 29 outlets around Malaysia and employs about 1,300 staff.

INTRODUCTION

The Board of Directors is committed towards adhering to the requirements and guidelines as per the Malaysian Code on Corporate Governance 2012 (Code) as well as the Main Market Listing Requirements (MMLR) of Bursa Malaysia Securities Berhad and strives to adopt the substance behind the corporate governance prescriptions and not merely the form.
This statement describes the practices that the Company had taken with respect to each of the key principles and the extent of its compliance with the Code during the financial year.

  1.  Board of Directors

     Composition of the Board and Board Balance

    The Board comprises of a Chairman/Managing Director, an Executive Director, two (2) Independent Non-Executive Directors and a Non-Independent Non-Executive Director. Furthermore, the Board comprises at least one third of Independent Non-Executive Directors as required by the MMLR of Bursa Malaysia Securities Berhad. The names and profile of the Directors are stated in the Director’s profile of this Annual Report.

    The roles of the Chairman and Group Managing Director are held by the same Director. This departs from Recommendation 3.4 of the MCCG 2012 which stipulates that the positions of Chairman and Chief Executive Officer / Managing Director should be held by different individuals, and the Chairman must be a Non-Executive member of the Board.

    The Board believes that for its current size, it is more expedient for the two (2) roles to be held by the same person as long as there are pertinent checks and balance to ensure no one person in the Board has unfettered powers to make major decisions for the Company. As such, the Board is of the view that the significant composition of Independent Non-Executive Directors, which is made up of 40% of the current Board’s size, provides for the relevant checks and balance.

    The Chairman is responsible for ensuring the adequacy and effectiveness of the Board’s governance process and acts as a facilitator at Board meetings to ensure that contributions from Directors are forthcoming on matters being deliberated and that no Board member dominates the Board discussion. As the Group Managing Director, supported by fellow Executive Director, he implements the Group’s strategic initiatives, policies and decision adopted by the Board and oversees the operations and business development of the Group.

    The members of the Board have a wide range of skills and experience which bring a wealth of expertise to the leadership of the Group.

    The mix of directors on the Board is broadly balanced to reflect the interests of major shareholders, management and minority shareholders. There is no one member of group which dominates the decision making processes that the Board undertakes. Furthermore, the number of Independent Directors ensures that issues of performance, strategy, compliance and resources are discussed and examined in depth in order to take into consideration the long-term interest of the Group’s stakeholders. This framework enables the direction of the Group’s affairs to be firmly in the Board’s control.

    The Board, through the Nomination Committee will take steps to ensure that women candidates are sought as part of its gender diversity and recruitment exercise. Selection of women candidates to join the Board will be, in part, dependent on the pool of women candidates with the necessary skills, knowledge and experience. The ultimate decision will be based on merit and contributions the candidate brings to the Board. The Company currently has 2 (two) female Directors on the Board.

DISCLAIMER: THE FOLLOWING INFORMATION IS OBTAINED VIA A DIRECT LINK TO THE OFFICIAL WEBSITE OF BURSA MALAYSIA BERHAD AT WWW.BURSAMALAYSIA.COM.

No Announcement Date Company Title
1 07 Sep 2017 KAMDAR GROUP (M) BERHAD OTHERS

KAMDAR GROUP (M) BERHAD
2 30 Aug 2017 KAMDAR GROUP (M) BERHAD OTHERS

KAMDAR GROUP (M) BERHAD
3 24 Aug 2017 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 30/06/2017

4 14 Jun 2017 KAMDAR GROUP (M) BERHAD General Meetings: Outcome of Meeting

5 31 May 2017 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 31/03/2017

6 28 Apr 2017 KAMDAR GROUP (M) BERHAD Writ of Summon and Statement of Claim (Summon)High Court of Malaya Kuala Lumpur Suit No. WA-221P-13-04/2017Mohamad Hafiz Bin Hamidun vs Kamdar Sdn Bhd (KSB)

7 28 Apr 2017 KAMDAR GROUP (M) BERHAD Annual Report – 2016

8 27 Apr 2017 KAMDAR GROUP (M) BERHAD General Meetings: Notice of Meeting

9 26 Apr 2017 KAMDAR GROUP (M) BERHAD OTHERS

KAMDAR GROUP (M) BERHAD
– HIGH COURT OF MALAYA KUALA LUMPUR SUIT NO. WA-221P-13-04/2017
MOHAMAD HAFIZ BIN HAMIDUN …..PLAINTIFF
VS
KAMDAR SDN BHD …..DEFENDANT
10 27 Feb 2017 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 31/12/2016

11 23 Feb 2017 KAMDAR GROUP (M) BERHAD OTHERS

KAMDAR GROUP (M) BERHAD
12 25 Nov 2016 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 30/09/2016

13 11 Oct 2016 KAMDAR GROUP (M) BERHAD OTHERS

KAMDAR GROUP (M) BERHAD
– COURT OF APPEAL OF MALAYSIA CIVIL APPEAL NO. W-02(NCC)(W)-1295-058/2015
KAMDAR SDN BHD APPELLANTS
VS
1. BIPINCHANDRA A/L BLAVANTRAI
2. JAYESH R. KAMDAR RAJNIKANT
3. YAP KIM HONG RESPONDENTSKAMDAR GROUP (M) BERHAD
– HIGH COURT OF MALAYA KUALA LUMPUR SUIT NO. 22NCC-379-10/2014
KAMDAR SDN BHD PLAINTIFF
VS
1. BIPINCHANDRA A/L BLAVANTRAI
2. JAYESH R. KAMDAR RAJNIKANT
3. YAP KIM HONG DEFENDANTS
14 30 Sep 2016 KAMDAR GROUP (M) BERHAD DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD

15 30 Sep 2016 KAMDAR GROUP (M) BERHAD Changes in Sub. S-hldr’s Int. (29B) – MR KAMAL KUMAR KISHORCHANDRA KAMDAR

16 30 Sep 2016 KAMDAR GROUP (M) BERHAD Changes in Director’s Interest (S135) – MR KAMAL KUMAR KISHORCHANDRA KAMDAR

17 24 Aug 2016 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 30/06/2016

18 31 May 2016 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 31/03/2016

19 26 May 2016 KAMDAR GROUP (M) BERHAD General Meetings: Outcome of Meeting

20 28 Apr 2016 KAMDAR GROUP (M) BERHAD Annual Report – 2015

21 27 Apr 2016 KAMDAR GROUP (M) BERHAD General Meetings: Notice of Meeting

22 03 Mar 2016 KAMDAR GROUP (M) BERHAD Change in Boardroom – MRS PRAGNA A/P K M KAMDAR

23 03 Mar 2016 KAMDAR GROUP (M) BERHAD Change in Nomination Committee – MRS PRAGNA A/P K M KAMDAR

24 03 Mar 2016 KAMDAR GROUP (M) BERHAD Change in Audit Committee – MRS PRAGNA A/P K M KAMDAR

25 29 Feb 2016 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 31/12/2015
(Amended Announcement)

26 29 Feb 2016 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 31/12/2015

27 19 Feb 2016 KAMDAR GROUP (M) BERHAD Change in Nomination Committee – MR SIMON @ FLAM FERNANDEZ

28 23 Dec 2015 KAMDAR GROUP (M) BERHAD OTHERS

KAMDAR GROUP (M) BERHAD (the Company or KGMB)
– KUALA LUMPUR MAGISTRATE COURT WRIT OF SUMMONS NO. A72NCVC-2527-06/2015
MESSRS MICHAEL CHOW V KAMDAR GROUP (M) BERHAD & KAMAL KUMAR KISHORCHANDRA KAMDAR
29 30 Nov 2015 KAMDAR GROUP (M) BERHAD Quarterly rpt on consolidated results for the financial period ended 30/09/2015

30 15 Sep 2015 KAMDAR GROUP (M) BERHAD Change in Audit Committee – MR RAJESH KUMAR A/L GEJINDER NATH

DISCLAIMER: THE FOLLOWING INFORMATION IS OBTAINED VIA A DIRECT LINK TO THE OFFICIAL WEBSITE OF BURSA MALAYSIA BERHAD AT WWW.BURSAMALAYSIA.COM.

No Announcement Date Company Title Financial Year
1 28 Apr 2017 KAMDAR GROUP (M) BERHAD Annual Report – 2016 2016
2 28 Apr 2016 KAMDAR GROUP (M) BERHAD Annual Report – 2015 2015
3 25 May 2015 KAMDAR GROUP (M) BERHAD Annual Report – 2014 2014
4 04 Jun 2014 KAMDAR GROUP (M) BERHAD Annual Report 2013 2013
5 04 Jun 2013 KAMDAR GROUP (M) BERHAD Annual Report 2012 2012
6 24 May 2012 KAMDAR GROUP (M) BERHAD Annual Report 2011 2011
7 06 Jun 2011 KAMDAR GROUP (M) BERHAD Annual Report 2010 2010
8 08 Jun 2010 KAMDAR GROUP (M) BERHAD Annual Report 2009 2009
9 03 Jun 2009 KAMDAR GROUP (M) BERHAD Annual Report 2008 2008
10 04 Jun 2008 KAMDAR GROUP (M) BERHAD Annual Report 2007 2007
11 07 Jun 2007 KAMDAR GROUP (M) BERHAD Annual Report 2006
12 02 Jun 2006 KAMDAR GROUP (M) BERHAD Annual Report 2005
13 09 Jun 2005 KAMDAR GROUP (M) BERHAD Annual Report 2004