Fitters Diversified Bhd.
MMYX:FITTERS0.02
MYR
0.00
(0.00%)
ISIN
MYL9318OO006
Return %
Stock
S&P 500
1Y
-33.33
14.20
3Y
-42.86
81.12
5Y
-94.15
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Producer manufacturing
- Industry
- Industrial conglomerates
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Aug 26, 1994
- Website
- fittersgroup.com
- Similar Companies
- Business
- Fitters Diversified Bhd. is a Malaysia-based investment holding company primarily engaged in the manufacturing, trading, engineering, and distribution of fire protection and safety equipment, property development and construction, the manufacture and supply of polyvinyl chloride pipes, and renewable energy and environmental engineering solutions. Founded in 1979 and headquartered in Kuala Lumpur, Malaysia, the company organizes its operations into four principal business segments: Fire Services, Manufacturing and Trading, Property Development and Construction, and Renewable Energy. Through its Fire Services division, the company manufactures, fabricates, imports, assembles, distributes, installs, and maintains comprehensive fire protection equipment and turnkey suppression systems; its core product and service offerings include portable and wheeled dry chemical, foam, and carbon dioxide fire extinguishers; clean agent gaseous fire extinguishing systems; automatic fire sprinkler networks; fire alarm, flame, and smoke detection panels; fire hydrants, landing valves, hose reels, and high-pressure fire hoses; fire-rated doors and passive fire stopping systems; and specialized testing, inspection, retrofitting, and maintenance services for commercial, industrial, governmental, and residential facilities. In its Manufacturing and Trading division, the company produces and distributes molecularly oriented polyvinyl chloride (PVC-O) pipes and fittings under the HYPRO brand utilizing oriented polymer processing technology for potable water distribution, civil irrigation, sewerage reticulation, and industrial fluid transport infrastructure. The Property Development and Construction segment is involved in master-planned township development, commercial office and retail complexes, high-rise residential properties, and civil construction and contracting works across Peninsular Malaysia. The Renewable Energy division focuses on environmental engineering services, biomass energy generation systems, biogas capture solutions, and industrial wastewater treatment plants for palm oil and agricultural processing industries. Geographically, Fitters Diversified Bhd. generates the majority of its revenue within Malaysia while exporting manufactured pipes and specialized fire safety components to markets across Southeast Asia and the wider Asia-Pacific region. In recent major corporate and operational developments, the company has undertaken capital rationalization and fund-raising exercises, including private placements of ordinary shares to reduce bank borrowings, reinforce cash reserves, and fund working capital requirements for major infrastructure and fire engineering contracts. Furthermore, the group has implemented a strategic refocusing on its core fire safety engineering and municipal water piping divisions, capitalizing on national utility pipeline rehabilitation tenders and increased regulatory enforcement of fire codes. To optimize its asset portfolio and liquidity, Fitters Diversified Bhd. has also initiated the monetization of non-core assets, including proposed sales of surplus industrial and development land parcels in Selangor and Kedah, alongside leadership transitions and governance realignments within its board of directors and senior management team.