Lion Diversified Holdings Berhad ("LDHB") was incorporated in Malaysia under the Companies Act, 1965 on 24 March 1970 as a private limited liability company under the name of Chocolate Products (Malaysia) Sdn Bhd. It was converted to a public limited liability company under the name of Chocolate Products (Malaysia) Berhad on 22 December 1981 and assumed its current name on 10 February 2003. LDHB was listed on the Main Market of Bursa Malaysia Securities Berhad on 11 February 1982 and was delisted on 25 April 2018.
On 15 October 2019, the Kuala Lumpur High Court (“Court”) had ordered that LDHB be wound up under the provisions of the Companies Act 2016. By order of the Court, Y. Bhg. Datuk Tee Guan Pian of UHY Advisory (KL) Sdn Bhd had been appointed the liquidator of LDHB.
The Company’s Direct Reduced Iron (DRI) plant in Banting under Lion DRI Sdn Bhd commenced production of DRI for making high grade steel in June 2008. The supply of DRI helped to reduce the dependence on scrap as raw material for steel making by steel mills and enabled the production of high quality steel. However, the DRI plant had shut down since 2016.
Its computer business undertaken by the Likom Group of Companies is involved in the provision of integrated one-stop original equipment manufacturing ("OEM") services for the production of personal computer casings and enclosures, and assembly of computer peripherals and electronic components for other segments such as audio visual equipment, telecommunication, security-alarm and electrical switching products. The production facilities are located in Melaka in Malaysia with a sales representative office in USA to provide customer support services.
The Company has a mixed development project named “D’Venice Residence” located at Changshu City in Jiangsu Province in China.