corporate profile - engtek · engtek’splan going forward 7 growth plans by leveraging on...
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CORPORATE PROFILEQ2’19
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MALAYSIA • PHILIPPINES • CHINA • HONG KONG
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(Own by TYK Capital Malaysia)
(Since 1974) (Acquired since 2003)
Introduction to TYKC Group
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Background of the TYKC Group
▪ With manufacturing facilities in Malaysia, Philippine and China, it has elevated its status from a mid-size Malaysiancompany to become a global player. This remarkable success story goes back 45 years. In a quarter of a century, asmall business has succeeded in stamping its mark in the global marketplace, serving customers in Malaysia, the AsiaPacific, US, Mexico, Europe and worldwide locations.
▪ In respect of the above, we are pleased to share a profile of the TYK Capital Sdn Bhd (TYKC) group or known as EngtekGroup
▪ TYK Capital Sdn Bhd, a local incorporated investment company
Key Highlights
Engtek Group is uniquely positioned in global market based on the following key financial strength highlights:
▪ Long-established operating track record since incorporation in the 1970s with technology capabilities
▪ Customers are not concentrated in 1 particular industry is largely spread across a wide variety of Industrial ProductsGroup (IPG) applications
▪ Large manufacturing platform in Penang island, Bukit Minyak, Johor (Malaysia), Laguna (Philippine), and Dongguan(China)
▪ High barriers to entry mainly due to product development, pre-qualification / verification by customers and cost ofshifting
▪ Highly experienced management team in place
Industry 4.0 ▪ In view of the Penang Plants, Eng Tknologi Sdn Bhd (ETSB) major customers base in US or Europe, to stay competitive
and continuous delivering constant good quality products to customers, ETSB has to expand and invest in New SmartFactory facilities Industry 4.0 over 3 years span
Regional Location - Malaysia 4
Eng Teknologi Sdn Bhd
[ETSB] Built up area : 103,000sq ft
ETSB Plant 2
Built up area : 75,000sq ft
Altum Precision Sdn Bhd
[APM1]
Built up area : 80,000sq ft
Regional Location – China & Philippines 5
Engtek International Limited [ETIL] /Engtek Dongguan Electronics Limited [ETDG]Built up area :65,000 sq ft
Engtek Precision Philippines Inc [EPPI]Built up area : 65,000 sq ft
TYKC Group Structure
TYK Capital Sdn Bhd(“TYKC”)
Eng Teknologi Holdings Sdn. Bhd. (“ETHSB”)
Selekta Inovatif (M) Sdn Bhd
(“SISB”)
Eng Hardware Engineering Sdn Bhd
(“EHESB”)
Eng Teknologi Sdn Bhd(“ETSB”)
Engtek International Limited(“ETIL”)
Engtek Dongguan Electronics Limited
(“ETDG”)
Altum Precision Singapore(“APS”)
Altum Precision Malaysia (“APM”)
Engtek Philippines Incorporation
(“ETPI”)
Engtek Precision Philippines
Incorporation(“EPPI”)
AYT Development Incorporation
(“AYT”)
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█ Orange: Ex-HDD segment subsidiaries█ Green: IPG segment subsidiaries█ Blue: Asset-holding companies█ Pink: Former listed entity
100%100% 100% 100% 18% 100% 100%
100% 100% 100%
40%
Engtek’s Plan Going Forward
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Growth Plans
▪ By leveraging on Engtek’s Group precision machining knowhow, Engtek has deepened its ability to secure newcustomer projects/products for its IPG segment of the business. Currently with our endeavours to assimilate and adoptelements of Industry 4.0 technology, not only in our manufacturing operations but also company-wide operations, weintend to increase our productivity levels to be on par with or higher than global standards. We aim to set thestandards for other Malaysian companies to follow in the adoption of Industry 4.0.
Industrial Products Group (IPG)
▪ Engtek Group has secured numerous new US or Europe MNC customers in IPG Segment in the following industries: (1) automotive(2) laser product(3) Medical(4) industrial gas valves
(5) Semi Conductor
(6) Aerospace
▪ In Mid FY2019, it also qualified for new US and European MNC in the automotive, gas control valves, climate controland the semiconductor industries
▪ Further clients secured in the IPG segment include automotive alternator bracket and heatsink, amongst others
▪ The Engtek’s brand name is a global brand that competes against established players in the US, Europe and Asia
▪ Productivity and efficient utilisation of key resources play a key role in defending the Engtek’s competitive advantage
▪ In order to achieve the higher target of above RM300 million revenue mark, Engtek will continue its organic growththru its technology capabilities
Business Grouping
Mid-to-High Volume Production 8
Automotive Parts Air Conditioner Parts
Gas Control Valve Machine Tool Components
Business Grouping
Low Volume High Mix 9
Optical System
Laser Parts
Medical equipment
Semi-con Parts
10Manufacturing Process
CASTING MACHINING
ASSEMBLY PRECISION CLEANING
Current Technology & Key Products
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Current Machines
3-axis Machining CenterTable size: 260 X 500mm Horizontal Machining Center
Table size: 650 X 650mm
CNC Lathe MachineChuck size: Ø300 mm
New Technology & Key Products
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New Machines
5-axis Mill Turn MachineTable size: 200 X 300mm
4-axis Machining CenterTable size: 400 X 800mm
5-axis Gantry Machining CenterTable size: 3000 X 800mm
Automated Processes
Manufacturing Capabilities13
o Features▪ 3/4/5 Axis Vertical / Horizontal Centers▪ High Speed Compact Drill / Mill Centers▪ Auto Pallet Change▪ Max Size -1800mm x 800mm
Precision CNC Millingo High Precision Accuracy
▪ Linear - 5▪ Positioning - 5
o Features▪ Precision Chucker / Bar Feeder ▪ Precision Back Spindle▪ Cross Drilling ▪ Auto Part Loader / Catcher
Precision CNC Turningo High Precision Accuracy
▪ Linear - 1.0▪ Roundness - 1.0
o Features▪ Centralize melting furnace▪ Auto spray▪ Auto handler pick place▪ Pro E engineering software▪ Full material analytical lab
Precision Die Castingo Cast Material
▪ Aluminum and zinc o Roundness - 50
▪ 125 Ton to 650 Ton
Manufacturing Capabilities14
Surface Finishingo Electrodeposition [e-coat] Lineo Cleaning▪ Class 100 Aqueous Ultrasonic▪ Conveyor DI Ultrasonic Cleaning
o Surface Finish▪ Barrel / Vibratory bowl tumbling▪ Magnetic pin polishing
Automatic Arm Tweaking Machine[AAT]o High precision accuracy.o Linear accuracy : +/- 2 umo Repeatability : +/-1 umo High speed linear CCD technologyo Wide measurement range (30cm)o Programmable and user friendly
Electro-Chemical Deburring (ECD)o Specially designed open tank filled with
patented electrolyte, chiller, filter, tooling and controller (relay, PLC or computer-based).
Robotic Arm – Coil Assemblyo Applicable for UZ dispensing approacho 2 units of 4-axis robotic armo 2-station operationo Arm, Coil, Fixtures automatically
positioning & fasteningo Quick turn around of baking fixtureso No risk of manual contaminationo Coil profile control +/- 0.125mm
Quality Policy15
Excel In Quality Products And Services With
Non-Compromising Continuous Quality Improvement to
Guarantee Total Customer Satisfaction
Thank You
“The information contained in these documents is strictly confidential, privileged and only for the information of the intended recipient and may not be used, published orredistributed without the prior written consent of TYK Capital Sdn Bhd and its subsidiaries (Hereinafter known as Engtek Group). The information presented are in good faith andwhile every care has been taken in preparing these documents, Engtek Group makes no representations and give no warranties of whatever nature in respect of thesedocuments, including but not limited to the accuracy or completeness of any information, facts and/or opinions contained therein. Engtek Group accepts no liabilitywhatsoever for any direct or consequential loss arising from any use of and reliance of the information in these documents.”
DISCLAIMER CLAUSE