South Korean firm appoints Bintai Kinden subsidiary to tap Malaysian market

by SHAFIQQUL ALIFF / pic credit: Bintai Annual Report

A SUBSIDIARY of Bintai Kinden Corp Bhd has been appointed by a South Korean company to sell and market products for the chemical and petrochemical industries in Malaysia. 

Its 51% subsidiary Bintai Energy Sdn Bhd was appointed by World Standard Materials Co Ltd (WSM) to manage the Malaysian market for flanges, plates, tubes, pipes, coils and fittings for the chemical and petrochemical industries. 

In a filing to Bursa Malaysia yesterday, the mechanical and electrical engineering services specialist said WSM will work with Bintai Energy to seek opportunities and provide the necessary technical and competitive price support for the products. The collaboration is for three years. 

In a separate statement, Bintai Kinden ED Noor Azri Azerai said the collaboration will widen its product offerings to the chemical and petrochemical industries important for their role in the value-chain of other industries such as plastics and automotive as they supply the raw materials. 

WSM is involved in chemical and petrochemical industries and has grown to a global company investing in research and development and quality assurance, as well as pioneers in the new line-up of high-end materials under flanges, plates, tubes, pipes, coils and fittings.