In the Beginning
Our Group was founded by Mr Ip Kwok Wing and his wife, Mdm Janet Lim Fong
Li in 1979 with the establishment of a partnership, Cheong Fatt Metal
Factory, to manufacture stamped metal components mainly for customers
in the electronics industry. The business at that time operated out of
a rented property in Ang Mo KioIndustrial Park 1 with 12 press machines.
The business was later converted into a limited liability company, CFM,
& Die Pte Ltd
In 1983, to complement CFM's existing business, CFTD was established to
design and fabricate tool and die. In 1986, as our business expanded and
customer demand increased in Singapore, we acquired a piece of leasehold
land at Ang Mo Kio Industrial Park 2 and constructed a factory to house
our manufacturing operations. We shifted our entire Singapore operations
to this new premise in 1988.
Hantong Metal Component Sdn Bhd
Han Tong Precision Engineering Sdn Bhd
Responding to the needs of some of our Singapore customers who were expanding
or moving their operations to Malaysia and to take advantage of the competitive
cost of operations in Malaysia, we established HTM and HTP on 19 November
1988 and 17 July 1990 respectively in Johor, Malaysia. HTM manufactures
stamped metal components, and HTP provides maintenance services for tool
and die to our customers in both Malaysia and Singapore. We acquired a
3,251 sq m piece of land at Ulu Tiram in Johor and built a factory
thereon to house our manufacturing operations.
Metal Component (KL) Sdn Bhd
In year 1993, just after the 1st bigger Malaysia economic crises in 80th.
by seeing the effort done by Malaysia government to extract more MNCs
manufacturing investor coming in. Opportunity seating up an new factory
in center region Malaysia is necessary to cover few big industrial area
like Shah Alam, Bangi,Nilai & Senawang. It come the 1st priority location
selection in Cheras Kuala Lumpur which can excess comfortable to all above
industrial area. To move an step forward after 11 years operation Hantong
KL once against reallocate factory in more strategic location like Kampung
Baru Belakong 5 min excess to main north south high way given advantage
Hantong KL coverage extend from Melaka to Ipoh. This area also is one
of the most centralize metal stamping factory location. New factory out
look design with 2 big "H" symbolize the stabilise,strong and
double up our sale turn over.
Hantong Metal Component (Penang) Sdn Bhd
5th May 1995, HTPG was incorporated as a JV company with the technical
support from CFMSG. We started up with single customer. Today HTPG have
more than 10 anchor customers in various industries including Audio/Video,
Automotive, Construction and Communication,as a result of localization
from customers. HTPG was set up with only production and consequently
enhance with Tooling Design & Fabrication,Silk Screening and sub-assembly
which strenghten our Force to became one of the "One Stop" manufacturing
plant in Nothern Region of Malaysia. To provide Better Quality , continual
improvement and diversification, we decided to consolidate from existing
5 units into One Roof at Taman Ria Jaya with the land area of 2.5 acre.
PT Hantong Precision Manufacturing
In June 2000, HPM was officially founded in Batam, Indonesia, located
at Citra Buana Park II, Batu Ampar, about 20 minutes away from the main
industrial park of Batamindo Industrial Park at Muka Kuning.
commenced in Feb 2001. At the beginning, HPM focused on producing items
for the construction industry, such as cable trays, trunkings and partition
supports. With production facilities in place, our head office in Singapore
leveraged on our cost structure to capture several customers who have
manufacturing operations in Batam.
HPM has a
range of secondary processes such as tapping, cold riveting, spot welding
and spray painting. We have also developed several stationery and gift
products such as hole punchers, rulers, penholders, photo frames, from
our available materials and resources.
At HPM, we believe in zero wastage of resources, whether man, machine
CFM Slovakia s.r.o.
As one of our major customers, Matsushita Group, expanded its operations
in the Slovak Republic, it discussed with us the possibility of setting
up our operations there to support their manufacturing requirements. CFMSK
was incorporated on 4 July 2001 and purchased a factory in SpisÏ
skaÂ NovaÂ Ves, Slovak Republic for a purchase consideration
of SKK8.5 million to manufacture stamped metal components.
CFM (USA) Inc.
In order to tap into the US market for more business opportunities, we
incorporated CFM (USA) in California, US on 28 April 2003 as a marketing
office. CFM(USA), Inc. started operation in 16 September 2003 in Fremont
California. It's target is to offer a One-Stop Solution to USA nationwide
participating actively in product development, prototype and mass production
projects. With our CFM global subsidiaries support, we hope to win all
the competitive prices war from the whole world.
Dalian CFM Precision Tooling Co.,
To take advantage of the competitive costs of operations and skilled labour
in the PRC, we registered Dalian CFM in Dalian, PRC on 14 July 2003 to
undertake the design, fabrication and sale of tool and die. Dalian CFM's
initial role will be to support our existing operations. Thereafter, we
intend for Dalian CFM to service our customers in the PRC directly as
well as to secure new customers located in the PRC. Dalian CFM is renting
a factory in Jingang Industrial Park with a built up area of 1,845 sq
m, and has commenced its operations in December 2003.
Listed on SGX-SESDAQ
an important milestone in our corporate history with the launch of our
Initial Public Offering on 16 January 2004. Our Initial Public Offering
(“IPO”) came 25 years after we began as a humble metal stamping
company. The funds from the IPO are being used to expand the operations
of CFM, including purchase of additional machinery and expansion of production
capacity, investment in a joint-venture in Thailand and for general working
purposes. We have embarked on a growth path to build a firm foundation
that will make CFM an even better and stronger company.
AQ Metal Fabrication Sdn Bhd
15 June 2004,
AQ Metal Fabrication was incorporated as a subsidiary of HTPG. It was
strategically located in Sungai Petani to complement HTPG’s services.
With the EMS localising their material supplies to Penang, this strategic
setup answers to the customer’s needs. Catering for the high mix,
low volume electronic industry, AQ with HTPG are able to provide services
ranging from prototyping to high volume mass production.
HTM Takahashi (Thailand) Co. Ltd
(Thailand) is located Chonburi, Thailand to provide continual support
to existing customers who have established operations there. It engage
in the provision of metal stamping services and the design and fabrication
of tools and die to the Thai market.