HeveaBoard Bhd.

HeveaBoard Bhd.

MMYX:HEVEA
0.10
MYR
+0.00
(-4.76%)
Nov 25Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Hau Chun Yoong
Full Time Employees
2,009
Sector
Producer manufacturing
Industry
Building products
Address
Gemas Malaysia
IPO Date
Dec 17, 2004
Business
HeveaBoard Berhad manufactures, trades, and distributes particleboard and ready-to-assemble furniture products. Founded in 1993 and headquartered in Gemas, Negeri Sembilan, Malaysia, the company operates across four primary business segments: Particleboard, Ready-to-Assemble Products, Cultivation of Gourmet Fungi, and Trading and Others. The company specializes in reconstituted wood panels produced from rubberwood residues, with core product offerings comprising plain particleboard; Melamine Faced Chipboard (MFC); moisture-resistant wood panels; high-gloss and super-matt Polyethylene Terephthalate (PET) laminated decorative boards; and eco-friendly engineered wood substrates compliant with international low-formaldehyde emission standards including Super E0, E0, E1, CARB Phase 2, and Japanese Industrial Standard (JIS) F**** specifications. These materials are supplied to furniture manufacturers, door producers, speaker box makers, and interior fit-out contractors. Through its subsidiary HeveaPac Sdn. Bhd., the company designs and manufactures flat-pack Ready-to-Assemble (RTA) furniture, including modular shelving units, bookcases, storage cabinets, desks, and audio-video entertainment centers. Through its subsidiary HeveaGro Sdn. Bhd., the company operates an agricultural biotechnology and circular economy initiative that repurposes wood waste and bark residues to cultivate gourmet fungi, specifically King Oyster (Eryngii) mushrooms. Additional subsidiaries include HeveaMart Sdn. Bhd., which manages timber panel distribution, and BocoWood Sdn. Bhd., which focuses on furniture marketing. HeveaBoard serves commercial, industrial, and retail clients worldwide, exporting to more than 70 countries across Asia-Pacific, North America, Europe, Australia, and the Middle East, with core export markets in Japan, China, South Korea, the United States, and the Philippines. In recent developments, HeveaBoard has expanded its high-value product portfolio with the commercial rollout of its High Gloss and Super Matt PET decorative panel collections for premium interior design applications. The company has entered strategic partnerships, including collaborations with consumer retailer Senheng to promote low-emission green living furnishings, and has broadened its international brand visibility through exhibits at Guangzhou Design Week and Archidex Kuala Lumpur. Operationally, HeveaBoard has accelerated its environmental, social, and governance (ESG) roadmap by investing in factory automation, energy-efficiency systems, and expanded biomass resource recovery, while implementing enhanced operational and procurement measures to mitigate timber supply constraints, foreign exchange volatility, and rising input costs.