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BUKIT MINYAK: The demand for do-it-yourself (DIY) fasteners and grill mesh is expected to drive Chin Well Holdings Bhd’s growth in 2017.
GEORGE TOWN: Chin Well Holdings Bhd expects to sell more fasteners in 2014 due to demand from the United States and Europe.
GEORGE TOWN: Chin Well Holdings Bhd sees domestic demand for its construction grade fasteners growing as a result of the weakened ringgit.
GEORGE TOWN: Domestic mild-steel (or carbon-steel) fastener manufacturers are facing intense competition in Europe from China-made mild-steel fasteners shipped via Malaysia to avoid an anti-dumping duty imposed by the European Union (EU).
TONG Herr Resources Bhd (THRB) has received the green light from the Thai government for a RM20mil plant in Amata Nakorn Industrial Estate, Chonburi, to manufacture stainless steel fasteners, mainly for the US market.
GEORGE TOWN: Chin Well Holdings Bhd is ready to increase production of do-it-yourself (DIY) fasteners in Vietnam to spearhead the growth of the group’s business in 2016. Executive director Tsai Chia Ling told StarBiz that the group could raise its production in Vietnam to 4,000 tonnes monthly from 3,800 tonnes to meet rising orders from Europe.
GEORGE TOWN: Manufacturers of fasteners and plastic packaging materials in Malaysia expect a slower first quarter next year.
Self-clinching fastener (SCF) manufacturer Techfast Holdings Bhd is poised to capitalise on the rising global demand for SCFs, expansion at its China plant and the establishment of two new local subsidiaries.
GEORGE TOWN: Chin Well Holdings Bhd expects its do-it-yourself (DIY) fasteners, contribution from domestic market and high security fencing products to be the key drivers of growth.
DESPITE reporting a slower growth in the first half of financial year ending Dec 31,2019 (FY19), Techfast Holdings Bhd owner and CEO Jason Yap Yoon Sing remains confident about the company’s prospects for 2020.