Grand-Flo Solution Berhad (0056)

On November 3rd, 2004, Grand-Flo was listed on the MESDAQ Market of Bursa Malaysia Berhad. On December 12, 2007, our Thai subsidiary, Simat Technologies Public Company Limited was listed on the Market for Alternative Investment(MAI) of the Thailand Stock Exchange and became our associate company.

Grand-Flo Solution Berhad, through its subsidiaries, provides information technology solutions in Malaysia, Singapore, and Thailand. It offers a suite of solutions, ManageSuite, which comprises integrated modules that facilitate asset tracking and sales force automation, and enable automated collation of real-time data to assist enterprises. The ManageSuite includes software products, such as ManageSales, a field force management system that allows mobile workers to perform route sales, direct store deliveries, and market and distribution check; ManageAsset, an asset tracking system; ManageLine, a production floor system used for the management of resources and status of shop floor activities; and ManageWare, which is a raw material and finished goods warehouse system. The company also offers various hardware products, including input devices, such as hand-held scanners, fixed position scanners, and imagers and decoders; barcode verifiers and printers; computers/terminals; application development tools, which include barcode design and printing software; enterprise data collection and collation system; and radio frequency identification (RFID) technology products, such as high frequency readers, antennas, RFID tags, and RFID label printers. It serves corporations, retail chains, and government-related entities of various sectors, including manufacturing, logistics, warehousing, fast moving consumer goods, and healthcare industries. The company was incorporated in 2003 and is headquartered in Petaling Jaya, Malaysia.

Grand-Flo Solution Berhad is engaged in the provision of informationtechnology (IT) solutions and investment holding. Its subsidiariesinclude Grand-Flo Electronic System Sdn. Bhd., which is engaged in thesupply and installation of enterprise data collection and collationsystems and hardwares, information technology solution,computer-related accessories, integrating computer system and hardware;Grand-Flo Systems (S) Pte. Ltd., which is engaged in the provision ofintegrated enterprise data collection and collation system solutions;Spritvest Sdn. Bhd, which is engaged in the provision of IT solutionsspecializing in automated data collection processes and mobilecomputing, and Data Centrix Sdn. Bhd., which is engaged in the researchand development of software application. On September 29, 2006, itacquired Spritvest Sdn. Bhd. and Data Centrix Sdn. Bhd. On March 14,2007, it acquired the remaining 50% in Grand-Flo RFID Sdn. Bhd.

No. 3-5, Block D2, Jalan PJU1/39, Dataran Prima Petaling Jaya Selangor Darul Ehsan, 47301 MYS +60-3-78802222 (Phone) +60-3-78803913 (Fax)

Company website: http://www.grand-flo.com/ News Releases,Investor Relations,Financial Information,Corporate History/Profile,Products/Services

４　Ｆｅｂ，２００５－－Ｇｒａｎｆｌｏ　收购ＳＩＭＡＴ（Ｔｈａｉｌａｎｄ）４９％，ＲＭ４　Ｍｉｌｌｉｏｎ。　
２２　Ｍａｒｃｈ　２００６－－Ｇｒａｎｆｌｏ　收购Ｓｐｒｉｔｖｅｓｔ和ＤＣＳＢ　１００％，ＲＭ１４　Ｍｉｉｌｉｏｎ。
３１　ＪＡＮ　２００８　－－Ｇｒａｎｆｌｏ　收购Ｌａｂｅｌｓ　Ｎｅｔｗｏｒｋ　５５％，ＲＭ　４　Ｍｉｌｌｉｏｎ．

２００５　年的Ｇｏｏｄｗｉｌｌ是Ｒｍ２．６　Ｍｉｌｌｉｏｎ
２００６　年的Ｇｏｏｄｗｉｌｌ是ＲＭ１２．５　Ｍｉｌｌｉｏｎ

目前，Simat 已经在Ｔｈａｉ上市。市值ＲＭ３０ Million。而Granflo持有36.75%的股权。
Ｓｐｒｉｔｖｅｓｔ和ＤＣＳＢ的购买合约规定，他们担保在2006和2007 年会达到RM4.5 Miilion的盈利。 2006年有达标，2007年还在等待。

ranflo的主要产品是Bar-Code Scanner。据了解，他们是市场的领航者。Inventories Software Control也是他们的强项。泰国的Simat拥有所有7-11的合约，负责提供Inventories Control的服务。泰国共有1000家 7-11。而他们估计今年的7-11 会再扩张另外1000家分店。而新合约，也是Simat的。
Granflo接下来的主要产品是ＲＦＩＤ。应该是以ＲａｄｉｏＦｒｅｑｕｅｃｙ来探测存货量。会主攻泰国的汽车市场。２００６年的业绩，有６０％来自于外国（泰国和新加坡）。

２００６　年的年报　Ｎｏｔｅ１０ａ　有这份资料。
Ｓｐｒｉｔｖｅｓｔ和ＤＣＳＢ的盈利有ＲＭ２。１Ｍｉｌｌｉｏｎ。而Ｇｒａｎｆｌｏ以现金加股票换取１００％的股权。付给的现金是ＲＭ５．１Ｍｉｌｌｉｏｎ。

而扣除２００６年的Ｎｅｔ　ｃａｓｈ　　ｆｒｏｍ　Ｏｐｅｒａｔｉｏｎ，　他们的ａｃｃ　还是有钱剩。这是２００６年的情况。

２００５年，收购的Ｓｉｍａｔ没有任何回流的现金。不过２００７　１２月上市后，Ｇｒａｎｆｌｏ持有的价值已经是ＲＭ１１Ｍｉｌｌｉｏｎ。以Ｒｍ４ｍｉｌｌｉｏｎ　投资来算，是翻倍了。