TECHFAST PRECISION SDN BHD page - 1 -
TECHFAST PRECISION SDN BHD DRIVING EXCELLENCE FOR MUTUAL SUCCESS page - 2 -
CORPORATE INFORMATION Listing Date : 6 th 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 page - 3 -
CORPORATE INFORMATION BOARD OF DIRECTORS Executive 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 Datuk Chan Chong Choon Aun Ah Thim REMUNERATION COMMITEE Chairman Yap Kok Ching Members Aun Ah Thim Lim Tock Ooi NOMINATION COMMITEE Chairman Aun Ah Thim Members Yap Kok Ching Yap Yoon Sing COMPANY SECRETARIES Chin Ooi Wee LS 006616 Lim Li Shiang MIA 19661 HEAD OFFICE No.11 Jalan Pasaran 23/5 Seksyen 23, 40300 Shah Alam Selangor Darul Ehsan Tel : 03-5548 5112 Fax : 03-5548 5113 E-mail : techfast@pd.jaring.my Website : www.techfast.com.my REGISTERED OFFICE Suites 7.21 & 7.22, 7 th Floor Imbi Plaza, Jalan Imbi 55100 Kuala Lumpur Tel : 03-2142 3584 Fax : 03-2142 0327 AUDITORS Tai, 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 REGISTRAR Tricor 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 LISTING ACE Market of Bursa Malaysia Securities Berhad Stock Name : TECFAST Stock Code : 0084 PRINCIPAL BANKERS Hong Leong Bank Berhad AmBank Berhad page - 4 -
Fastener Division Group page - 5 -
Corporate Structure TECHFAST HOLDINGS BERHAD Company No. 647820-D Incorporated in Malaysia Techfast Manufacturing Sdn Bhd Company No. 481838-T Incorporated in Malaysia 100% 100% Techfast Precision Sdn Bhd Company No. 703432-V Incorporated in Malaysia Oriem Technology Sdn Bhd Company No. 597413-T Incorporated in Malaysia 50% 50% Cape Technology Sdn Bhd Company No. 413847-X Incorporated in Malaysia page - 6 -
Milestones 1999 Techfast Manufacturing Sdn. Bhd. was incorporated and commenced operations with 20 employees, 20 machines Dec 1999 First export order was secured, focused on the SCF niche market 2000 Expanded to additional shop lots, added 12 machines; total of 52 machines 2001 Added production line for electronic hardware - Milestones - page - 7 -
Milestones (cont d) 2002 Accredited with ISO 9001:2000 Dec 2002 Acquired factory premises in Shah Alam 2003 Techfast exported its products to 15 countries in 5 continents 2004 Published and distributed its first TFM catalogue - Milestones - page - 8 -
Milestones (cont d) 2005 Expanded production capacity added 30 machines, totaling 154 machines June 2005 Techfast listed on the MESDAQ Market of Bursa Malaysia Jul 2005 Techfast Precision Sdn. Bhd. was incorporated in Malaysia Sep 2006 Techfast Precision (Thailand) Co., Ltd. was incorporated in Thailand - Milestones - page - 9 -
Milestones (cont d) 2006 Techfast Precision (Suzhou) Co., Ltd. was incorporated in China 2009 Acquisition 50% of Cape Technology Sdn Bhd & Oriem Technology Sdn BHd 2014 马年 马到功成 - Milestones - page - 10 -
Key Management Personnel Jason Yap Yoon Sing The 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 San The 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 Yi The 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. - Fastener Division - page - 11 -
Process Flow Chart Raw Material Receiving and Preparation Setting Up of Machinery Turning/Drilling Chamfering Tapping Mould and Die Making Material Heat Treatment (Hardening) Sorting, Packing and Delivery Final Quality Assurance Inspection Surface Treatment (Plating) Fastener Division page - 12 -
R&D / Quality Equipment Salt Spray Tester Measuring Gauges Inserter Machine Roughness Tester Push Out Tester Torque Tester Hardness Tester Profile Projector Fastener Division page - 13 -
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 Fastener Division page - 14 -
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 Fastener Division page - 15 -
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 Techfast Fastener Division page - 16 -
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 Paid-up Capital Workforce :Manufacturing of precision turned parts and machining parts :RM8,000,000 : 70 people - TPSB - page - 17 -
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 - page - 18 -