| Metals & Mining Industry | Materials Sector | Mr. Kok Chin Sia CEO | HKEX Exchange | - ISIN |
| Malaysia Country | 354 Employees | - Last Dividend | - Last Split | - IPO Date |
Heng Hup Holdings Limited, standing as an investment holding entity, delves into the scrap ferrous metal trading sector within Malaysia's bustling market. With its foundation laid in 1996 and having its headquarters in Shah Alam, Malaysia, the company has carved its niche by specializing in procuring scrap ferrous metals from a variety of sources, subsequently processing and dispensing them to steel mills across the region. Its operations extend beyond mere trading, enveloping a broad spectrum of activities including rerolling, processing, and the commercial dealings of scrap metal, alongside engaging in the recycling of paper and allied products. Additionally, the enterprise has made inroads into the digital terrain with its e-commerce platform tailored for waste commodities. Its service offerings reach lead smelting plants and paper mills, underscoring its expansive operational ambit. A subsidiary beneath the umbrella of 5S Holdings (BVI) Limited, Heng Hup Holdings Limited stands as a pivotal player in Malaysia’s recycling and scrap metal trade industry.
At the heart of Heng Hup Holdings Limited’s operations is the trading of scrap ferrous metals. The company prides itself on sourcing these metals from diverse origins, processing them meticulously, and subsequently supplying the refined product to steel mills. This core activity not only drives its revenue but also contributes significantly to the recycling ecosystem, aiding in the conservation of resources.
Expanding its portfolio, the company also engages in the trading of used batteries, waste paper, and various other scrap materials. This diversification strategy enhances its market presence, catering to a broader spectrum of the recycling industry, and meets the increasing demand for recycled materials across different sectors.
Beyond mere trading, Heng Hup Holdings is involved in the detailed processing activities of scrap metal, including rerolling and further trading. These processes are integral to adding value to the scrap metal, transforming it into a more refined and marketable product, thus fostering a sustainable recycling process.
The company’s commitment to recycling extends to paper. It deals with recycled paper and its related products, supporting the paper industry's efforts towards sustainability and reducing the environmental footprint associated with paper production and disposal.
Embracing technological advancements, Heng Hup Holdings ventures into the digital realm with its e-commerce platform dedicated to waste commodities. This innovative move not only opens up new avenues for business but also makes it easier for clients to engage in the trading of recycled materials, thereby promoting recycling practices.