HHRG Berhad
was incorporated in Malaysia under the Companies Act, 1965 on 25 November 2011 as a private limited company under the name of Heng Huat Resources Group Sdn Bhd. We were subsequently converted into a public limited company on 18 June 2012 and assumed our present name of HHRG Berhad on 29 May 2023. We were listed on the ACE Market of Bursa Malaysia Securities Berhad on 25 July 2014.
HHRG and its subsidiaries (“the Group”) are principally involved in the manufacturing and trading of biomass material and value-added products, focusing on oil palm empty fruit bunch (“EFB”) fibre, coconut fibre and value-added products. We are also a manufacturer and distributor of our own brands of bedroom furniture likes mattresses and bedding set.
Additionally, HHRG has embarked on diversifying its business into the field of property development and management. This strategic move allows us to expand our portfolio and leverage our expertise in the real estate sector. We are committed to delivering high-quality properties and providing exceptional management services to meet the evolving needs of our customers.
Biomass Materials Manufacturing
HHRG and its subsidiaries are principally involved in the manufacturing and trading of biomass materials and value-added products, focusing on oil palm empty fruit bunch (“EFB”) fibre, coconut fibre and value-added products.
HHRG Berhad and its subsidiaries’ (“Group”) biomass materials manufacturing operations are conducted by our subsidiaries located at the East Coast Economic Region (“ECER”) and Northern Region. These locations have been strategically chosen due to their proximity to the material supply sources.
We utilize our proprietary production process to treat and process coconut fibre, coco husks, oil palm EFB fibre, and biocompost. This enables us to produce significant quantities of high-quality fibers at a competitive price. Our production processes adhere to rigorous quality controls, resulting in long, clean, and fine coconut fibre and oil palm EFB fiber with excellent uniformity and low oil content. Moreover, we manufacture bio-compost through a biological process without the use of chemical additives, making it suitable for plantations at all levels.
FURNITURE MANUFACTURING AND DISTRIBUTION
We are also a manufacturer and distributor of bedroom furniture, including children’s bedding sets and related accessories.
Property Development
Apart from biomass manufacturing and fibre mattress businesses, HHRG has also diversified its business into the property development industry. In April 2024, HHRG has acquired 150 acres of land in Sungai Petani, Kedah, which is earmarked for industrial park development with a drag strip theme. We are ready to transform ourselves from a biomass manufacturer into a property developer with a niche perspective.
Company Milestone
Our key achievements and milestones since inception are as follows:
• Heng Huat’s Executive Director, Ng Chin Nam, emerged as a substantial shareholder
• April: Disposal of land together with a building for a cash disposal of RM10.5 million
• Leadership transformation: CEO with strong corporate track record
• Strengthen compliance and regulatory framework: Segregation of duty between Chairman and CEO
• Appointment of Fong Chee Khuen, as the Group’s new CEO
• Expansion through the acquisition of MG Furniture and diversification into the property investment division
• Acquire a 51% stake in MG Furniture, a specialist in manufacturing of children’s bedroom set
•Diversify into the property development business
• Listed on the ACE Market of Bursa Malaysia
• Heng Huat Resources was incorporated under the Companies Act, 1965.
