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01891 HENG HUP

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  • 0.124
  • 0.0000.00%
Market Closed Mar 28 16:08 CST
124.00MMarket Cap8.27P/E (TTM)

About HENG HUP Company

We are Malaysia's leading ferrous scrap metal trading company. Over the years, we have established a national scrap yard supplier base in Malaysia, from which we purchase black scrap metal that can be recycled and re-sold to steel mills. We also operate three scrap yards with a total area of about 51,000 square meters, equipped mainly with machines for ferrous metal processing. Their locations are strategically located in areas that guarantee the supply of ferrous metal, close to our steel mill customers in Melaka, Selangor and Johor. Furthermore, as of the date of this annual report, we have 76 of our own trucks, 52 of which carry 20 tons or more. With the support of this fleet, we are able to respond in a timely manner to the logistics needs of small and medium-sized suppliers with limited logistics support. We are proud to be able to procure large quantities of ferrous scrap metal to meet the production needs of our steel mill customers. In fiscal year 2021 and fiscal year 2022, we sold approximately 701,846 tons and 675,062 tons of black scrap metal, respectively, accounting for 91% and 93% of revenue, respectively. In addition to the black scrap metal trade, we also trade used batteries and waste paper, but on a smaller scale, accounting for 8% and 6% of total revenue in fiscal year 2021 and fiscal year 2022, respectively. We also operate a waste yard with a total area of about 1,436 square meters in Melaka, which mainly deals in waste paper.

Company Profile

Symbol01891
Company NameHENG HUP
ISINKYG4505A1022
Listing Date03/15/2019
Issue Price0.50
Shares Offered250.00M share
Founded04/12/2018
RegistrationCayman Islands
ChairmanSia Kok Chin
SecretaryYingwen Ceng
Audit InstitutionPricewaterhouseCoopers
Company CategoryOther
Registered OfficeCricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands
Head Office and Principal Place of Business40th Floor, Dah Sing Financial Centre, 248 Queen's Road East, Wan Chai, Hong Kong
Fiscal Year Ends12-31
Employees323
MarketHong Kong motherboard
Phone(603)78452292
Fax(603)78458937
Emailir@henghup.com.my
Business Heng Hup Holdings Ltd is a Malaysian scrap ferrous metal trader. The company and its subsidiaries are mainly engaged in the trade of scrap ferrous metals, waste batteries, waste paper and other waste materials. The company operates a recycled materials trading division. The company's scrap yard sales business includes purchasing scrap ferrous metal from various sources, processing it to required specifications at its waste yard, and then selling it to its steel mill customers. Its direct delivery sales business includes purchasing processed scrap ferrous metal from external third party waste sites (suppliers of scrap metal suppliers not approved by steel mills) and selling it to customers without processing it. The company also operates three waste sites, covering a total area of about 51,000 square meters, equipped with ferrous metalworking machinery. The company's waste sites are located in Melaka, Selangor, and Johor.

Company Executives

  • Name
  • Position
  • Salary
  • Sia Kok Chin
  • Executive Director,Nomination Committee Chairman,Authorized Representative,CEO,Chairman of the Board
  • 1.38M
  • Sia Keng Leong
  • Executive Director
  • 1.26M
  • Sia Kok Chong
  • Executive Director
  • 1.28M
  • Sia Kok Seng
  • Executive Director
  • 1.38M
  • Sia Kok Heong
  • Executive Director,Authorized Representative
  • 1.25M
  • Sai Shiow Yin
  • Audit Committee Chairman,Nomination Committee Member,Independent Non-Executive Director,Remuneration Committee Chairman
  • 102.00K
  • Puar Chin Jong
  • Audit Committee Member,Remuneration Committee Member,Independent Non-Executive Director
  • 102.00K
  • Chu Kheh Wee
  • Remuneration Committee Member,Audit Committee Member,Independent Non-Executive Director,Nomination Committee Member
  • 102.00K
  • Goh Eng Kiat
  • Director of HH Metal Johor,Regional manager
  • --
  • Lim Yong Hwa
  • Finance Director
  • --
  • Yingwen Ceng
  • Company Secretary,Authorized Representative
  • --

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