Kumpulan H&L High-Tech Bhd.

Kumpulan H&L High-Tech Bhd.

MMYX:HIGHTEC
0.58
MYR
+0.02
(+3.60%)
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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
Lye Huat Tan
Full Time Employees
149
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Sungai Buloh Malaysia
IPO Date
Nov 29, 1997
Business
Kumpulan H&L High-Tech Berhad is a Malaysia-based investment holding company that operates primarily as an integrated precision plastic injection moulding and tooling manufacturer, property developer, and oil palm plantation manager. Founded in 1977 and headquartered in Shah Alam, Selangor, Malaysia, the company is publicly listed on the Main Market of Bursa Malaysia under the ticker symbol HIGHTEC. Through its operating subsidiaries, the company conducts diversified operations organized into four principal business segments: Manufacturing, Property Investment and Development, Plantation, and Joint Ventures. The company's core Manufacturing division specializes in end-to-end precision engineering and plastic injection moulding solutions for multinational and domestic original equipment manufacturers (OEMs) across consumer electronics, automotive, electrical, telecommunications, and industrial automation sectors. Its main products and services include custom high-precision plastic injection moulded components and sub-assemblies; design, engineering, prototyping, and fabrication of precision plastic moulds, extrusion dies, and metal stamping tools; precision machining, surface grinding, computer numerical control (CNC) milling, and electrical discharge machining (EDM) services; assembly and secondary finishing services such as ultrasonic welding, silk screening, tampo printing, spray painting, and hot stamping; and plastic recycling and resin compounding for internal manufacturing processes. In its Property Development and Investment segment, the company develops residential and commercial real estate properties, while managing a portfolio of commercial and industrial investment properties held for long-term rental income and capital appreciation. In its Plantation segment, the company manages agricultural land estates dedicated to the cultivation of oil palm and the harvesting and sale of fresh fruit bunches (FFB) to palm oil mills. Geographically, Kumpulan H&L High-Tech Berhad operates production facilities and business operations in Malaysia, while exporting manufactured components and serving global supply chains across the Asia-Pacific region, North America, and Europe. Its key operating subsidiaries include H&L High-Tech Deco Sdn. Bhd., H&L Mould Storage Sdn. Bhd., Plastik V. Dan W. Sdn. Bhd., and Plaza Astana Sdn. Bhd. In recent corporate and operational developments, Kumpulan H&L High-Tech Berhad has actively pursued strategic initiatives to expand its property development footprint and enhance manufacturing productivity. The group has advanced its property pipeline through strategic land acquisitions and joint development agreements for mixed residential and commercial projects in high-growth corridors within the Klang Valley and Perak. In its manufacturing operations, the company has implemented automated material feeding systems, upgraded to energy-efficient electric and hybrid plastic injection moulding machinery, and integrated robotic pick-and-place systems to mitigate rising labor costs and improve production yield. To advance its environmental, social, and governance (ESG) commitments and reduce operational energy costs, the group has installed rooftop solar photovoltaic (PV) generation systems across its primary manufacturing and warehouse facilities. Additionally, the company continues progressive replanting programs across its plantation estates to optimize palm age profiles and maximize fresh fruit bunch yields.