Furniweb Holdings Ltd. (8480)

Overview

Furniweb Holdings Limited, established in 1987, operates as an investment holding company primarily involved in the manufacturing and sale of elastic textile, webbings, and polyvinyl chloride (PVC) related products. With its headquarters located in Seri Kembangan, Malaysia, the company has a broad international reach, serving clients in Malaysia, Vietnam, various other Asia Pacific regions, Europe, North America, and other international markets. Furniweb's diverse business operations extend beyond manufacturing, including the trading of machinery and accessories, retail sales of clothing, footwear, and ancillary products, money lending, and property holding. The company notably operates as a subsidiary of PRG Holdings Berhad, underlining its integrated position within the broader industrial fabric and related products market.

Products and Services

• Upholstery, Safety, Rigid, and Furniture Webbings

  Furniweb offers a variety of webbing products, including those designed for upholstery, safety applications, rigid use, and furniture. These webbings are integral to various industries, providing essential components for manufacturing furniture, automotive safety equipment, and other specialized applications.

• Covered Elastic Yarns

  The company produces covered elastic yarns, which are critical for the apparel and intimate apparel industries. These yarns offer flexibility, durability, and comfort, making them ideal for a wide range of clothing articles.

• Rubber Strips and Sheets

  Manufacturing rubber strips and sheets, Furniweb caters to the needs of the food packaging, furniture, automotive, and household appliance industries. These products are tailored to various specifications to meet the diverse requirements of these sectors.

• Trading of Machinery and Accessories

  Aside from manufacturing, Furniweb is involved in the trading of machinery and accessories. This business segment supports the operational needs of industries that Furniweb serves, providing a range of machinery and tools necessary for production processes.

• Retail Sale of Clothing, Footwear, and Ancillary Products

  Expanding its business portfolio, Furniweb also engages in the retail sale of clothing, footwear, and ancillary products. This allows the company to directly reach consumers, offering a selection of products that leverages its manufacturing capabilities.

• Money Lending

  The company provides money lending services, which adds a financial dimension to its operations. This service complements its other business lines, offering financial solutions to its clients and partners.

• Property Holding

  Furniweb is involved in property holding, which includes the management and development of real estate properties. This diversifies its investment portfolio and provides a stable income source outside its manufacturing and retail operations.

• Trading in PVC and Other Plastic Products

  The trading of PVC and other plastic products is another aspect of Furniweb's business. These materials are crucial for numerous industries, including healthcare, where Furniweb's products find application in medical devices and supplies.