Wentel Engineering Holdings Bhd.

Wentel Engineering Holdings Bhd.

MMYX:WENTEL
0.24
MYR
0.00
(0.00%)
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
Chong Syn Chuah
Full Time Employees
379
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Johor Bahru Malaysia
IPO Date
Feb 6, 2024
Business
Wentel Engineering Holdings Berhad is an investment holding company that specializes in high-precision metal fabrication and the assembly of finished industrial products. The company operates through three core business segments: Fabrication of Semi-Finished Metal Products, Fabrication of Metal Parts, and Assembly of Finished Products. Its product and service offerings include computer numerical control (CNC) laser cutting and precision metal bending of steel, aluminum, and stainless steel; robotic and automated metal inert gas (MIG), tungsten inert gas (TIG), and laser welding; structure machining and precision milling; metal surface finishing and corrosion protection services, including zinc phosphating, zinc electroplating, powder coating, and liquid spray painting; custom-fabricated metal components and parts, such as support blocks, mounting brackets, equipment panels, cover plates, cable enclosures, metal housings, channels, and machine chassis; and turnkey assembly of finished products, encompassing mechanical sub-assembly, electrical wiring and cabling, electronic component integration, and comprehensive functional testing. The company primarily serves multinational original equipment manufacturers across high-precision industries, including security screening equipment, semiconductor manufacturing equipment, CNC machine tools, medical diagnostic devices, passenger coach systems, and industrial 3D printers. Founded in 2000 and headquartered in Johor Bahru, Malaysia, the company conducts its principal manufacturing operations through its subsidiary Wentel Engineering Sdn. Bhd. in Johor and manages regional customer accounts and international logistics through Wentel Engineering Private Limited in Singapore. In recent developments, the company completed its initial public offering on the ACE Market of Bursa Malaysia in February 2024, deploying capital toward the development of a new 299,000-square-foot manufacturing facility in Kempas, Johor Bahru, which substantially expands its production floor space and capacity to support surging demand from the semiconductor and security screening sectors, alongside continuous procurement of advanced automated CNC machinery, robotic welding systems, and integrated box-build assembly infrastructure to leverage supply chain realignments within the Johor-Singapore Special Economic Zone.