Overview of Business Operations

XLB is principally an investment holding and a provision of management services company with fourteen (14) subsidiary companies as stated below:

 

  • Xian Leng Trading Sdn. Bhd. (“XLT”)

XLT was established in 1989 which is engaged in commercial captive breeding of the Asian Arowana, Stingray and other aquatic animals and property holding. Currently, XLT has three fish farms occupying approximately 70-acres of land. The captive-breeding of the Asian Arowana and Stingray are carried out in Xian Leng’s farms which are located on a gentle slope of hill flush with green vegetation and which has been protected as a forest reserve at Parit Sulong and Kangkar Senangar, Johor Darul Takzim, Malaysia. The third farm is located at Sungai Suluh primarily for the breeding and holding of the other popular ornamental fishes such as Japanese Carps, Cichlids, Anabantids and Goldfishes.

  • Xian Leng Aquatic Merchant Sdn. Bhd. (“XLAM”)

The principal activities of XLAM are trading of ornamental fishes and aquarium accessories and property holding. XLAM was established in 1995 and this subsidiary trades in tropical fishes such as Goldfish, Japanese Carps, Barbs, Cichlids and Anabantids. The Company positions itself as a one-stop centre offering a wide range of ornamental fish and related facilities at competitive prices. The ornamental fish trading centre is located at Batu Pahat, Johor, engages in the retailing of both local and exotic aquarium fishes as well as the related paraphernalia such as aquarium and accessories, fish feed and medication.

  • Xian Leng Aquatic (Shah Alam) Sdn. Bhd. (“XLASA”)

XLASA was established in 2002 primarily involved in the supplying and installation of aquarium as well as trading of ornamental fishes and aquarium accessories.

  • Xian Leng Aquatic (Kluang) Sdn. Bhd. (“XLAK”)

XLAK has undertaken a fish farm development project in the town of Kluang, Johor. This subsidiary was established in 2003 which is involved in the development of fish farming activities and breeding of other tropical fishes such as Anabantid, Catfish, Angel Fish and trading of aquaculture products.

  • Xian Leng Greentech Sdn. Bhd. (“XLGT”)

XLGT is incorporated on 10 December 2018 primarily involves in solar energy project and solely provides energy to fellow subsidiary company.

  • Xian Leng EBN Trading Sdn. Bhd. (“XLEBN”)

XLEBN is established and incorporated on 31 October 2019 as XLB’s subsidiary company primarily undertaking edible bird nest business and marketing, as part of risk management and business diversification from the fisheries industry.

  • XL Hatchery Sdn. Bhd. (“XLHC”)

XLHC is established and incorporated on 15 January 2021 as XLB’s new subsidiary company for the purpose of exploring new opportunities into the breeding, hatching and rearing of other types of aquaculture products (such as shrimps, shellfish and other types of shellfish).  The Company is currently in the midst of setting out the operation post establishment.

  • XL Feedmill Sdn. Bhd. (“XLFM”)

XLFM is established and incorporated on 15 January 2021 as XLB’s new subsidiary company for the purpose of exploring new opportunities in undertaking feed mill production activities, which involves producing processed foods for fish, shrimps or animal consumption.  The Company is currently n the midst of setting out the operation post establishment.

  • XL Glove Sdn. Bhd. (“XLG”)

XLG is established and incorporated on 15 January 2021 as XLB’s new subsidiary company for the purpose of exploring new opportunities in manufacturing and trading of personal protective equipment such as gloves, goggles, face shields and other equipments for use in medical, food & beverage and construction sectors. The Company is currently in the midst of setting out the operation post establishment.

  • XL Farming Sdn. Bhd. (“XLF”)

XLF is newly incorporated on 7 April 2021 as XLB’s new subsidiary company primarily involve in dairy farm cow farming.  The Company is currently n the midst of setting out the operation post establishment.

  • XL Plantation Sdn. Bhd. (“XLP”)

XLP is newly incorporated on 7 April 2021 as XLB’s new subsidiary company that shall focus primarily on agriculture of chilli and Pineapple. The Company is currently n the midst of setting out the operation post establishment.

  • XL Foods Sdn. Bhd. (“XLFD”)

XLFD is newly incorporated on 4 May 2021 as XLB’s new subsidiary company primarily involved in manufacture, trade and dealing of all edible food including health foods and etc. The Company is currently n the midst of setting out the operation post establishment.

  • Ergobumi Sdn Bhd (“Ergobumi”)

Ergobumi was acquired on 15 March 2022 and it is in the business of planting, growing, cultivating, producing & raising pineapples (Ananas Comosus) – MD2 species, which is very sweet and juicy. It is both for local domestic market and for exports as well.

  • Xtra Delivery Sdn Bhd (“XDSB”)

Xtra Delivery was acquired on 31 March 2022 and it is in the business of logistics services, with capabilities in the frozen and chilled products delivery services.