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TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Page 1: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

page - 1 -page - 1 -page - 1 -

TECHFAST PRECISION SDN BHDDriving Excellence for Mutual Success

Page 2: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

TECHFAST PRECISION SDN BHD

DRIVING EXCELLENCE

FOR MUTUAL SUCCESS

page - 2 -

Driving Excellence for Mutual Success

Page 3: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

CORPORATE INFORMATION

page - 3 -

Listing Date : 6th June 2005

Authorized Capital : RM 50,000,000.00

Issued and Fully Paid-Up Capital : RM 15,591,180.00

Class of Equity Securities : Ordinary Shares of RM 0.10 each

Driving Excellence for Mutual Success

Page 4: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

CORPORATE INFORMATION

page - 4 -

BOARD OF DIRECTORSExecutive Chairman

Lim Tock Ooi

Group Managing Director

Yap Yoon Sing

Independent Non-Executive Directors

Yap Kok Ching

Aun Ah Thim

Datuk Chan Chong Choon

AUDIT COMMITEE

Chairman

Yap Kok Ching

Members

Aun Ah Thim

Lim Tock Ooi

REMUNERATION COMMITEE

Chairman

Yap Kok Ching

Members

Datuk Chan Chong Choon

Aun Ah Thim

NOMINATION COMMITEEChairman

Aun Ah Thim

Members

Yap Kok Ching

Yap Yoon Sing

COMPANY SECRETARIESChin Ooi Wee

LS 006616

Lim Li Shiang

MIA 19661

HEAD OFFICENo.11 Jalan Pasaran 23/5

Seksyen 23, 40300 Shah Alam

Selangor Darul Ehsan

Tel : 03-5548 5112

Fax : 03-5548 5113

E-mail : [email protected]

Website : www.techfast.com.my

REGISTERED OFFICESuites 7.21 & 7.22, 7th Floor

Imbi Plaza, Jalan Imbi

55100 Kuala Lumpur

Tel : 03-2142 3584

Fax : 03-2142 0327

AUDITORSTai, Yapp & Co. (AF 0205)

Chartered Acountants

No. 3-2 Jalan Indrahana 2

Off Jalan Kuchai Lama

58200 Kuala Lumpur

P.O. Box 89, Jalan Kelang Lama Post Office

58000 Kuala Lumpur

Tel : 03-7983 0277/ 7983 6128

Fax : 03-7981 9912

SHARE REGISTRARTricor Investor Services Sdn Bhd

Level 17, The Gardens North Tower

Mid Valley City

Lingkaran Syed Putra

59200 Kuala Lumpur

Tel : 03-2264 3883

Fax : 03-2282 1886

LISTINGACE Market of Bursa Malaysia Securities Berhad

Stock Name : TECFAST

Stock Code : 0084

PRINCIPAL BANKERSHong Leong Bank Berhad

AmBank Berhad

Driving Excellence for Mutual Success

Page 5: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Fastener Division GroupDriving Excellence for Mutual Success

Page 6: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

Corporate Structure

page - 6 -

TECHFAST HOLDINGS BERHAD

Company No. 647820-D

Incorporated in Malaysia

Techfast Manufacturing Sdn Bhd

Company No. 481838-T

Incorporated in Malaysia

Techfast Precision Sdn Bhd

Company No. 703432-V

Incorporated in Malaysia

Oriem Technology Sdn Bhd

Company No. 597413-T

Incorporated in Malaysia

Cape Technology Sdn Bhd

Company No. 413847-X

Incorporated in Malaysia

100% 100%

50% 50%

Driving Excellence for Mutual Success

Page 7: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Milestones

- Milestones -

1999

Dec 1999

2000

2001

Techfast Manufacturing Sdn. Bhd. was

incorporated and commenced operations

with 20 employees, 20 machines

First export order was secured, focused on

the SCF niche market

Expanded to additional shop lots, added 12

machines; total of 52 machines

Added production line for electronic

hardware

Driving Excellence for Mutual Success

Page 8: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Milestones (cont’d)

- Milestones -

2002

Dec 2002

2003

2004

Accredited with ISO 9001:2000

Acquired factory premises in Shah Alam

Techfast exported its products to 15

countries in 5 continents

Published and distributed its first TFM

catalogue

Driving Excellence for Mutual Success

Page 9: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Milestones (cont’d)

- Milestones -

2005

June 2005

Jul 2005

Expanded production capacity – added 30

machines, totaling 154 machines

Techfast listed on the MESDAQ Market of

Bursa Malaysia

Techfast Precision Sdn. Bhd. was

incorporated in Malaysia

Driving Excellence for Mutual Success

Sep 2006Techfast Precision (Thailand) Co., Ltd. was

incorporated in Thailand

Page 10: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Milestones (cont’d)

- Milestones -

2009

2014

Acquisition 50% of Cape Technology Sdn Bhd

& Oriem Technology Sdn BHd

马年“马到功成”

Driving Excellence for Mutual Success

Techfast Precision (Suzhou) Co., Ltd. was

incorporated in China

2006

Page 11: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Key Management Personnel

- Fastener Division -

Driving Excellence for Mutual Success

Jason Yap Yoon SingThe dynamic Managing Director and the great driving force that had transformed TFM to become one of the leading companies in the niche fastener business. He has more than 15 over years experience in the industry and is known for its hard work and perseverance that makes TFM a globally recognized name.

Sunny Lim Kim SanThe General Manager of fastener division, with a hands on approach on the daily operations in both Malaysia and Thailand factory. His extensive experience especially at the management level has contributed to a much leaner TFM and with signs of recovery shown in the profit and loss account was a good indicator.

Chan Chun YiThe Production & Technical Manager of Techfast Malaysia. He is one of the pioneer staff members. With his 15 years experience, his knowledge and know-how technique is one of the factors to bring the company towards to succeed.

Page 12: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Process Flow Chart

Raw Material

Receiving and

Preparation

Setting Up of

Machinery

Mould and Die

Making

Turning/Drilling Chamfering

Tapping

Material Heat

Treatment

(Hardening)

Surface Treatment

(Plating)

Final Quality

Assurance

Inspection

Sorting, Packing

and Delivery

Driving Excellence for Mutual Success

Fastener Division

Page 13: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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R&D / Quality Equipment

Salt Spray Tester Measuring Gauges Inserter Machine

Push Out Tester Torque Tester Profile ProjectorHardness Tester

Roughness Tester

Driving Excellence for Mutual Success

Fastener Division

Page 14: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Quality Control

An ISO9001-2008 Certified Company

Part Quality Assurance (PQA) to ensure raw

material quality

Sampling Method (ISO Level II, AQL = 0.40)

In Process Quality Control (IQPC) to ensure

production quality

Outgoing Quality Control (OQC) to ensure

finished goods quality

Driving Excellence for Mutual Success

Fastener Division

Page 15: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Quality Enhancement

Procured 8 units of Automated Fastener Inspection machines

Inspection of critical geometric features at high speed 100% ,

up to 500ppm

PC-based software to control the handler system

Configurable reports, Cpk or SPC data

Driving Excellence for Mutual Success

Fastener Division

Page 16: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Quality Enhancement (cont’d)

1 unit of x-ray fluorescence machine to allow checking for compliance with

RoHS requirements

To enhance the process and product quality

To test the contents of mercury, cadmium, hexavalent, chromium and

polybrominated biphenyls (PBB)

Allow for quicker monitoring of hazardous substances contained in the

products

Driving Excellence for Mutual Success

Techfast Fastener Division

Page 17: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Techfast Precision Sdn Bhd

Date of Incorporation :19th July 2005

Factory Location :11 Jalan Pasaran 23/5, Seksyen 23

40300 Shah Alam Selangor Darul Ehsan,

Malaysia.

Tel: 603-5548 5112 Fax : 603-55485113

Nature of Business :Manufacturing of precision turned parts and machining parts

Paid-up Capital :RM8,000,000

Workforce : 70 people

- TPSB -

Driving Excellence for Mutual Success

Page 18: TECHFAST PRECISION SDN BHD Precision Sdn Bhd.pdf · TECHFAST PRECISION SDN BHD Driving Excellence for Mutual Success. TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL

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Manufacture Facility

Single Spindle Lathe Machine : 70 units

CNC Lathe Machine : 13 units

Semi-Auto Tapping Machine : 30 units

Semi-Auto Chamfering Machine : 13 units

Auto Tapping Machine : 7 units

Auto Chamfering Machine : 3 units

Auto Optical Scanning Machine : 6 units

- TPSB -

Driving Excellence for Mutual Success