Habitat Gallery Sdn Bhd - JB Showroom |
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Habitat Gallery, a subsidiary of Kim Hin Industry Berhad (Listed on the main Board of Kuala Lumpur Stock Exchange), with showroom size, more than 10 thousands square feet is now opened in Johor Bahru. Habitat Gallery, says her name, showcases a variety of home finishing products. Featuring more than 1,000 types of tiles with different sizes, colours, designs and finishes, which provide an excellent choice of wall and floor coverings. |
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The Best Of Both Of Worlds |
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The term "clicks and mortar" refers to a dotcom business model which has both an online component (clicks) and an offline component (bricks and mortar or BAM). This business model is increasingly viewed by industry observers as the future of e-business as very few Internet pure plays - with the possible exception of Amazon.com, Yahoo! and eBay - are expected to survive the industry shake out that is still ongoing in the US. |
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Kim Hin Industry Outlook Changes For The Better
The outlook for Sarawak-based integrated ceramic manufacturer Kim Hin Industry Bhd has changed for the better, thanks to growing robustness in the construction sector and greater utilisation of plant capacity.
Its executive chairman, Chua Seng Huat told Star Business from Kuching that the company's plants this year were expected to run close between 85% and 90% capacity compared with last years 65%.
Chua said higher plant utilisation could bring about economies of scale, which would help reduce costs.
The company has two manufacturing plants in Kuching and Seremban. It also has a plant in Shanghai, which serves the fast growing market in China.
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Ceramics Maker Kim Hin Plans Strategic Acquisition
Cash-rich Kim Hin Industry Bhd, one of Malaysia's top three largest integrated ceramics manufacturers, is on a lookout strategic acquisition in the Asean region.
According to Kim Hin group executive chairman, Chua Seng Huat, the group's strong reserves and positive cash flows had allowed it to position itself to take on the various opportunities brought about by the regional financial turmoil.
Chua said that the group had about RM10mil in cash reserves and an annual cash flow of between RM35mil and RM40mil.
It has just repaid it RM50mil guaranteed redeemable bonds, due on May 30 this year, from internally generated fund.
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