PRB is principally an
investment holding company with subsidiary companies mainly
engaged in the steel-processing & steel-products
manufacturing activities with factories in Malaysia &
Vietnam.
PRB started its manufacturing activities in 1984 involved in
the manufacturing of Wheelbarrows, Hand Trucks, Castors &
Platform Truck and etc.
After its successful Public Listing in 1995, PRB had
gradually diversified and expanded by moving upstream into
reprocessing of steel mother coils into slitted coils /
sheets (Coil Center) for the supply to Automotive,
Electrical & Electronic industries. This Coil Center is a
joint-venture between PRB and POSCO, the world third largest
steel mill from Korea.
Meanwhile, PRB had also expanded into the manufacturing of
Carbon and Stainless Steel Pipes / Hollow Sections, Steel
Highway Guardrial, Steel Flat-bars, Steel Purlins, Steel
Shelving and Racking for storage usage.
Today, PRB has transformed into a leading steel-processing /
manufacturing Group focusing on the following main
activities :
| 1. |
Slitting & shearing of Carbon & Stainless Steel
mother coils into |
| |
slitted coils / sheets for Automotive, Electrical &
Electronic, Office |
| |
Equipment, Metal Stamping industries |
| 2. |
Roll-forming of Carbon Steel Pipes & Hollow Sections |
| 3. |
Roll-forming of Stainless Steel Pipes & Hollow
Sections |
| 4. |
Manufacturing of Steel Flat Bars, Steel Purlins |
| 5. |
Manufacturing of Wheelbarrows & Platform Hand Trucks |
| 6. |
Manufacturing of Steel Shelving & Pallet Racking and
other storage |
|
equipment |
| 7. |
Manufacturing of Highway Guardrails |
The manufacturing activities of Prestar Group are mainly
carried out on two manufacturing plants with a total
built-up area of 60,000 sq.meter (650,000 Sq. ft.) on a
90,000 sq.meter (1million sq.ft) industrial land in Rawang
Industrial Estate which houses its subsidiary companies
Prestar Manufacturing Sdn Bhd, Prestar Precision Tubes Sdn
Bhd, Prestar Steel Pipes Sdn Bhd, Prestar Storage Systems
Sdn.Bhd., Prestar Engineering Sdn Bhd, Prestar Tooling Sdn
Bhd and Prestar Metal Galvanising Sdn Bhd. and its
associated company POSCO-MKPC Sdn Bhd ( a joint-venture
company between Prestar & Posco, Korea).
Another
manufacturing facility of the Group is situated at
Penang, northern part of Peninsular Malaysia,
with a built-up area of 24,000 sq.meter (260,000 sq.ft) on a
40,000 sq.meter (430,000 sq.ft) industrial land which houses
its subsidiary company Tashin Steel Sdn Bhd.
In line with its on going expansion plan, PRB has set up a
factory with a build-up area of 14,000 sq. meters (150,000
sq.ft) on a 48,000 sq. meters (516,000 sq.ft.) industrial
land at Song Than III Industrial Park, Binh Duong Province,
Ho Chi Minh City, Vietnam in early 2008 to further expand
its production of Product Manufacturing Unit catering for
Vietnamese and Overseas market. With the lower labor and
operating cost in Vietnam, this facility would enhance
its competitiveness in the industry.
Apart from
manufacturing, PRB's subsidiaries are also involved in the
sales & distributions of Hardware, Material Handling
Equipment, Steel Coils & Sheets with offices & warehouse in
Penang, Kuala Lumpur and
Johor Bahru,
Malaysia.
PRB is constantly looking for new business opportunities and
strategic alliances with local and overseas partners to
further enhance its earning base as well as gaining
synergistic effects to the Group's existing activities. |