HIAPTEK fundamentals

Hiap Teck Venture Bhd. is an investment holding company, which engages in the provision of management services. It operates through the following segments: Trading, Manufacturing, Property and Investment, Transportation, Mining Exploration, and Selling of Electricity. The Trading segment imports, exports and distributes steel products, hardware and building materials. The Manufacturing segment manufactures and distributes steel pipes, hollow sections, scaffolding equipment, accessories and other steel products. The Property and Investment segment consists of investment in and renting out property and investment holding. The Transportation segment focuses on the transportation of goods. The Mining and Exploration segment involves exploring, contracting, and activities related to the mining, processing, and sale of iron ore. The Selling of Electricity refers to the sales of excess electricity generated by Eastern Steel Sdn. Bhd. to the grid. The company was founded in 1993 and is headquartered in Klang, Malaysia.