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GEORGE TOWN: The electronic manufacturing sector in Penang is the hardest hit by the coronavirus (Covid-19), as many of the test equipment and chip producers here face a serious shortage of raw materials, an unprecedented situation that has disrupted production.
BUKIT MERTAJAM: Chin Well Holdings Bhd is expanding to ship more threaded rods to the US, which will emerge in 2020 as a key market for the group.Group executive director Tsai Chia-ling (pic) told StarBiz that the group would be able to ship 600 tonnes of threaded rods per month compared to 200 in early 2020.
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.
GEORGE TOWN: Northern region-based plastic, tissue paper, fastener, radio frequency chip and semiconductor test-equipment manufacturers are among the beneficiaries of the United States-China trade conflict.
BUKIT MERTAJAM: A beneficiary of the ongoing US-China trade war, Chin Well Holdings Bhd will ramp up output of its industrial fastener products to 120,000 tonnes from 105,000 tonnes for the financial year ending June 30, 2020, to cater to rising demand.
BUKIT TENGAH: Chin Well Holdings Bhd is diversifying into the warehousing business as the company makes plans for its new RM12mil automated warehouse in Shah Alam to start operations this year.
BUKIT MERTAJAM: Chin Well Holdings Bhd is increasing its production capacity to meet worldwide industrial fastener demand which is projected to hit US$116.5bil by 2022, growing at a 5.4% compounded annual growth rate (CAGR).
BUKIT MERTAJAM: Vietnam will play a key role in Chin Well Holdings Bhd’s plans to grow its fastener business.