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AUTOMOTIVE parts manufacturer New Hoong Fatt Holdings Bhd will tranfer its listing status to the Main Board of the Kuala Lumpur Stock Exchange (KLSE) today.
The company was listed on the Second Board of the KLSE in June 1998.
New Hoong Fatt has a paid-up capital of RM60 million and for the financial year ended December 31 2000, it recorded a net profit of RM16.9 million on the back of a turnover of RM104.22 million.
The company is involved in the manufacturing and distribution of motor vehicle parts and accessories and the provision of metal stamping and Cathodic Electro-Deposition (CED) painting …