Furniweb Holdings Limited (08480.HK)

Furniweb Holdings Ltd. is an investment holding company, which engages in the manufacturing and sale of elastic textile, webbing, rubber tape, and polyvinyl chloride (“PVC”) related products, and energy efficiency business. The company is headquartered in Seri Kembangan, Selangor and currently employs 707 full-time employees. The company went IPO on 2017-10-16. The Company, through its subsidiaries, is principally engaged in the manufacturing and sale of elastic textiles, webbings, and rubber tape-related products, as well as the energy efficiency business. The firm operates through two segments: Manufacturing (the Manufacturing Division) and Energy Efficiency (the Energy Efficiency Division). The Company’s products are manufactured and sold in Malaysia and Vietnam and exported to over 30 countries, including the United States, United Kingdom, India, Indonesia, Australia, Sri Lanka, and Pakistan. The firm serves the textile and apparel, furniture, automotive, food packaging, agriculture, and medical industries. The Company’s subsidiaries include FIPB International Limited, Delightful Grace Holdings Limited, PRG Land Sdn. Bhd., and Energy Solution Global Limited.