PRESTAR RESOURCES BERHAD (PRB) (123066-A), was incorporated under Malaysian Companies Act 1965 on 12 July 1984 under the name of Prestar Industries Sdn Bhd as a private company. It was subsequently converted into a Public Limited Company on 27 June 1994 and was listed on the Second Board of BURSA Malaysia on 20 September 1995. On 1 October 2003, PRB was successfully transferred its listing status to the Main Board of Bursa Malaysia.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PRB is principally an investment holding company with subsidiary and associate companies mainly engaged in the steel-processing and steel-products manufacturing activities with factories in Selangor and Penang, Malaysia.

PRB started its manufacturing activities in 1984 involved in the manufacturing of Wheelbarrows, Hand Trucks, Castors & Platform Truck and etc.

After its successful Public Listing in 1995, PRB had gradually diversified and expanded by moving upstream into reprocessing of steel mother coils into slitted coils / sheets (Coil Center) for the supply to Automotive, Electrical & Electronic industries. This Coil Center is a joint-venture between PRB and POSCO, the world third largest steel mill from Korea.

Meanwhile, PRB had also expanded into the manufacturing of Carbon and Stainless Steel Pipes / Hollow Sections, Steel Highway Guardrails, Steel Flat-bars, Steel Purlins, Steel Shelving and Racking for storage usage.

Today, PRB has transformed into a leading steel-processing / manufacturing Group focusing on the following main activities :

1.
Slitting & shearing of Carbon & Stainless Steel mother coils into
 
slitted coils / sheets for Automotive, Electrical & Electronic, Office
 
Equipment, Metal Stamping industries
2.
Roll-forming of Carbon Steel Pipes & Hollow Sections
3.
Roll-forming of Stainless Steel Pipes & Hollow Sections
4.
Manufacturing of Steel Flat Bars, Steel Purlins
5.
Manufacturing of Wheelbarrows & Platform Hand Trucks
6.
Manufacturing of Steel Shelving & Pallet Racking and other storage
equipment
7.
Manufacturing of Highway Guardrails

The manufacturing activities of Prestar Group are mainly carried out on two manufacturing plants with a total built-up area of 755,000 sq. ft. on a 950,000 sq. ft. industrial land in Rawang Industrial Estate which houses its subsidiary companies Prestar Manufacturing Sdn Bhd, Prestar Precision Tube Sdn Bhd, Prestar Steel Pipes Sdn Bhd, Prestar Storage System Sdn Bhd, Prestar Engineering Sdn Bhd, and Prestar Galvanising Sdn Bhd and its associated company POSCO-MKPC Sdn Bhd (a joint-venture company between Prestar & Posco, Korea).

Another associate company of the Group, Tashin Holdings Berhad, listed on the ACE market of Bursa Malaysia is situated at Penang, northern part of Peninsular Malaysia with its steel processing and manufacturing facility on a built-up area of 260,000 sq. ft. on a 416,000 sq. ft. industrial land.

Apart from manufacturing, PRB's subsidiaries are also involved in the sales and distributions of Hardware, Material Handling Equipment, Steel Coils & Sheets with offices and warehouses in Penang, Kuala Lumpur and Johor Bahru, Malaysia.

PRB is constantly looking for new business opportunities and strategic alliances with local and overseas partners to further enhance its earning base as well as gaining synergistic effects to the Group's existing activities.

 



 
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