Hiap Teck Venture (5072) Stock Overview

Hiap Teck Venture Berhad manufactures, rents, distributes, and sells steel pipes, hollow sections, scaffolding equipment and accessories, and other steel products in Malaysia. The company operates through five segments: Trading, Manufacturing, Property and Investment, Transportation, and Mining and Exploration. It operates as an importer, exporter, lessor, and a general dealer of steel products, hardware, and building materials. The company also offers transportation services by trucks or trailers; scaffolding works and invests in properties. In addition, it is involved in exploring, contracting, mining, processing, and selling of iron ore; the wholesale of industrial, construction, and related machinery and equipment; and geotechnical and civil engineering works, including special foundations, underground works, group improvements, and pollution treatments and control, as well as sale of electricity. The company serves infrastructure, oil and gas, construction, furniture, water reticulation, power plant, and shipbuilding industries. Hiap Teck Venture Berhad was incorporated in 1993 and is headquartered in Klang, Malaysia.