Atlan Holdings Bhd

Atlan Holdings Bhd ("Atlan") is an investment holding company, whilst its subsidiary companies are principally involved in property investment, hospitality & lifestyle, and travel retailing. Atlan was incorporated in 1988 as a private limited company as Atlan Holdings Sdn. Bhd. The company was dormant until it became the holding company of Atlan Engineering in 1991, and of Atlan Industries Sdn. Bhd. and Binamold Sdn. Bhd. in 1993. Atlan Holdings Sdn. Bhd. in 1994 adopted its present name and it was listed as a member on the second Board of the Bursa Malaysia Securities Berhad ("Bursa") in 1996. In 2000, Atlan began a corporate rationalization programme. This included the acquisition and subsequent disposal of the boutique Hotel Blakes, London. Atlan had also acquired and consolidated two Main Board companies listed under Bursa, namely, Naluri Corporation Berhad and DFZ Capital Berhad ("DFZ"). In late 2010 Atlan undertook another major corporate exercise involving a reverse take-over of Esmart Holdings Limited ("Esmart"), a public limited company listed on the Catalist board of Singapore Stock Exchange Securities Trading Limited, via an injection of its two subsidiaries, DFZ and Darul Metro Sdn Bhd. The reverse take-over exercise was completed on 7 January 2011 with subsequent acquisition of 100% stake in DFZ through a mandatory general offer. As a result, the entire issued and paid-up share capital of DFZ was removed from the Office List of Bursa on 17 March 2011. DFZ effectively became a wholly-owned subsidiary of Esmart on 1st April 2011. Marking another milestone, on 24 May 2011 Esmart was officially renamed to Duty Free International Limited, (www.dfi.com.sg). Atlan continues to adopt an open and pragmatic approach in selecting its investment opportunities in order to maximize returns for its valued shareholders.