Engtex Group (5056) Stock Overview

Engtex Group Berhad, together with its subsidiaries, engages in the wholesale and distribution of pipes, valves, fittings, plumbing materials, steel related products, general hardware products, and construction materials in Malaysia. It operates in four segments: Wholesale and Distribution, Manufacturing, Property Development, and Hospitality. The company distributes and wholesales hydrants, strainers, joints, manhole covers and chambers, and prestress concrete products. It also manufactures and sells steel and ductile iron pipes and fittings, valves, manhole covers and chambers, hydrants, strainers, industrial casting products, welded wire mesh, hard-drawn wire, steel pipe piles, electric resistance welded pipes, and bitumen products. In addition, the company manufactures steel products, such as mild steel plates and channels, MS I beams, MS angle bars, ship and boiled plates, pickled oiled sheets, and hot rolled steel flat and squared bars; and construction materials comprising wire and welded mesh, steel bars, and nails. Further, it is involved in the property development and investment activities; provision of project management, and warehousing and factory facility services; and distribution of food processing equipment and engineering tools, as well as operates and manages hotels. The company was founded in 1983 and is headquartered in Sungai Buloh, Malaysia.