DK Leather Seats Sdn Bhd

Company Overview

We were established in 1997 Have subsidiaries in Singapore, Holland, United Kingdom and Australia Over 1,000 well trained and experienced employees DKLS is a Top 10 winner of the Enterprise 50 Award in 2002 DKLS has been certified ISO 9001 and has been recommended for ISO/TS16949 certification whereas KLS is certified for both ISO 9001 and QS9000

History

1997 - Business began with Proton for the Perdana V6 model ie single customer, single product

1998 - Business was hit by Asian Crisis. Targeted Singapore to diversify business.

2000 - Acquired KLS Group to further diversify business in Malaysia. The acquisition opened doors for DK Leather to supply to both the 2 major automobile seat makers in Malaysia ie Johnson Controls & APM.

2001 - Creation of brand name : DK-Swiss. - ISO 9001:2000 emphasis on quality for product differentiation and also support for more export. - Incorporation of DK USA and DK Australia. - Significant increase in sales in USA over the years.

2002 - Acquisition of TOMO Singapore. - Competition expected to heighten. - Thus, both layers of profits required: ~ From manufacturing ~ From installation - Submitted for listing on KLSE 2nd Board

2003 - Approval obtained for KLSE 2nd Board - Resubmitted for KLSE Main Board - Set up of DK Netherlands

2004 - Listed on Main Board of KLSE on 21 May 2004 - Set up of DK UK - Achieved TS 16949 certification - Disposal of DKUSA to Katzkin - Appointment of Katzkin as our North America distributor, sales to double - Set up of PT DKDWA (Indonesia ) - Set up of DK Thailand

Financial

The Growth of the DK Groups resulted from the Groups believe of the following :-

  • The need to setup our own distribution channels for export (Australia and United States in 2001, Europe in 2003);

  • To promote our products under our own DK-Swiss brand name;

  • To establish our product as a premier product in terms of quality leather and workmanship. The above would prove to be invaluable to the DK Group in future.

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