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- History -
Yi-Lai was incorporated in Malaysia under the Companies Act, 1965 on 6 June 2000 as a public company under the name Yi-Lai Berhad. The present authorised share capital of the Company is RM500,000,000 comprising 1,000,000,000 shares of RM0.50 each of which 135,880,000 ordinary shares of RM0.50 each have been issued and fully paid-up. Yi-Lai is principally an investment holding company. The Yi-Lai Group structure and the principal activities of its wholly-owned subsidiaries are:-
Details of the subsidiaries are as follows:
Yi-Lai Group is principally involved in the manufacturing and sale of ceramic and homogeneous tiles. The Group commenced operations in 1990 with a paid-up capital of RM10.0 million under the stewardship of Mr. Wang Jen-Ching, the founder and one of the promoters of Yi-Lai. The Group began with the setting up of a manufacturing facility in Kulai, Johor, to produce ceramic tiles. Its production capacity during its inception (i.e. only one (1) production line) was approximately 1.4 million square meters per annum. Business of the Group flourished after its inception and the second production line was installed in 1992. In response to the changing market needs and demands. Yi-Lai started its third production line in 1994 for its new product range - namely homogeneous tiles. Currently. the Group's sales mix of ceramic tiles to homogeneous tiles is 58% to 42% respectively for the financial year ended 31 December 2001. Yi-Lai was registered as the proprietor of the trademark "ALPHA TILES" as from 28 November 1991 . The brand name has since been introduced to the market both locally and internationally. Today, the directors believe that YLI is one of the leading automated ceramic and homogeneous tiles manufacturers in Malaysia. Presently. YLI has six (6) production lines with a full capacity of approximately 8.9 million square meters per annum.