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Unique Fire Holdings Berhad (Malaysia)

Main Activities: Security Systems Services
Full name: Unique Fire Holdings Berhad Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company was incorporated in Malaysia under the Act on 13 April 2021.
The Company's principal activity is investment holding and focuses on the assembly, manufacture and distribution of active fire protection systems, equipment, and accessories.
Incoporation and commencement of UBE Industry Sdn Bhd (“UBE Industryâ€) before changing to our current name, UFI in 2003. We initially commenced operations as a distributor of fire protection systems, equipment and accessories in a rented facility in Bandar Kinrara in Puchong, Selangor before expanding into assembly and manufacture of fire protection systems and equipment in 2000 and 2009, respectively.
The company started the assembly of our brand of fire hoses from parts purchased from external parties. This was part of our strategy of building our portfolio of brands of fire protection systems and equipment.
We started to market our Unique brand of products following UBE Industry’s name change to UFI. Subsequently, the company registered the trademarks for our Commander and Yama brands of fire hoses.
The company received its first SIRIM certification for our Unique brand of two (2) kg and five (5) kg hand portable CO2 fire extinguishers. SIRIM is an agency under the purview of MITI that provides independent certification that products comply with the relevant standards, including safety and/or performance standards. SIRIM certification attests that a product, system or equipment (such as our Unique brand of two (2) kg and five (5) kg hand portable CO2 fire extinguishers) comply with the relevant standards. After receiving SIRIM certification, The company expanded its product range and started to assemble hand portable CO2 fire extinguishers under the Unique brand. We would source empty cylinders and parts, fill in the CO2 and assemble the various parts to form the complete fire extinguisher.
Furthermore,The company started the assembly of CO2 fire suppression system under the Unique brand where we source empty cylinders and parts, fill in the CO2 and assemble the various parts to form the complete filled cylinders. We also purchase relevant accessories (not including pipes and fittings) based on the design specifications of our customers to form a fire suppression system for our customers to carry out the installation.
The company received ISO 9001:2000 quality management system certification for the sales and marketing of fire protection equipment and provision of gas refilling service for fire extinguishers. The scope of UFI’s ISO 9001:2015 certification was subsequently changed to sales, manufacturing, refilling and servicing of fire protection systems and equipment in 2018. ISO 9001 quality management system certification provides assurance that The company quality management procedures have been independently assessed and found to comply with the relevant standards.
The company purchased a one (1)-acre piece of land along Jalan Anggerik Mokara 31/47, Kota Kemuning, Shah Alam, Selangor (“31/47 Propertyâ€) from Shanghai Crest (M) Sdn Bhd, which is not a related party to our Group, for a purchase consideration of RM1,950,000 intended for future expansion.
The company expanded its distribution business operations and was appointed as an authorised distributor of The Viking Corporation (Far East) Pte Ltd (“Viking Corporationâ€), for their range of fire sprinkler systems and related equipment under the Viking brand in Malaysia. Viking Corporation is a manufacturer of fire protection products with headquarters in the United States.
The company commenced and completed the construction of a facility on our 31/47 Property, and relocated our assembly operations from Bandar Kinrara, Puchong to this new premises in the same year.
The company purchased a piece of land of approximately three (3) acres at 9, Jalan Anggerik Mokara 31/55, Kota Kemuning, Shah Alam, Selangor from Shanghai Spectrum (M) Sdn Bhd, which is not a related party to our Group, for a purchase consideration of RM8,102,160 (“Operational Facility in Shah Alam, Selangorâ€).
The company received SIRIM certification for our Unique brand of one (1) kg, two (2) kg, four (4) kg, six (6) kg and nine (9) kg hand portable dry chemical fire extinguishers. Upon obtaining SIRIM certification, we started to manufacture hand portable dry chemical fire extinguishers in the sizes above using a newly set-up manufacturing line at our 31/47 Property. This was a complete manufacturing line, from the manufacture of cylinders (starting with steel coils and plates), powder coating of the cylinders, filling with extinguishing agent and assembly of the finished product.
The company was appointed as an authorised distributor of Chang Der Fire Protection Corporation (“Chang Derâ€) for their CD brand of sprinkler systems. Chang Der is a manufacturer of sprinkler systems and other fire protection products based in Taiwan.
The company started exporting products to foreign markets with Vietnam, our first export destination. Our first exports comprised CO2 fire suppression systems under our Unique brand, consisting of filled 45 kg gas cylinders and parts. UFI started construction of an office, factory and warehouse facility at our Operational Facility in Shah Alam, Selangor.
We also obtained SIRIM certification for our Unique brand of fire hose reels, and we then expanded our assembled products to include fire hose reels in the same year. We purchase the steel side plates and reels, as well as the hose from external suppliers, powder coat the steel side plates in our production line and assemble the various parts to complete the fire hose reel.
The company conforms to UL procedures for the HFC filling machine and nozzle drilling machine for our Unique227 brand of HFC fire suppression systems at our Operational Facility in Shah Alam, Selangor. UFI subsequently started to assemble Unique227 brand of HFC fire suppression systems, where we sourced all the empty cylinders with valves, blank nozzles and other parts, as well as HFC-227ea extinguishing agent from Orient Corporation. The conformity provides assurance that UFI’s HFC filling machine and nozzle drilling machine conform with the relevant UL standards. UL certification attests that a product, system or equipment (such as our Unique227 brand of HFC fire suppression systems) has been independently tested and found to comply with the relevant UL standards.
The company obtained SGP for our HFC fire suppression systems under our Unique227 brand from TNB, which certifies that the system complied with the specified requirements of TNB technical specification and it is accepted for use in the TNB system. UFI supplied its first Unique227 brand of HFC fire suppression systems to Sailfield Pipe Engineering Sdn Bhd, a TNB contractor who then carried out the installation of the system, with total value of purchase orders for this system amounting to approximately RM36,000.
UDI, our wholly-owned subsidiary, was incorporated and commenced business in the same year, distributing custom graphics designed fire extinguishers to consumers. These are sold under our Unique brand.
Through The company, we received our first FM Approvals certification for our Unique227 and Unique5112 brands of fire suppression systems. We have not recorded any sales of Unique5112 brand of fire suppression system for the Financial Years and Period Under Review as we only started to market this system in the first half of 2021. FM Approvals certification certify that a product or system (such as our Unique227 and Unique5112 brands of fire suppression systems) has been independently tested and found to comply with the applicable requirements stated in the relevant FM Approvals standards.

Headquarters
No. 9, Jalan Anggerik Mokara 31/55, Kota Kemuning, Seksyen 31
Shah Alam; Selangor; Postal Code: 40460

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Website: http://www.uniquefire.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2021
Key Executives
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Chairman
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Chief Financial Officer
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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63%
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4.55%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
18.06%
Total operating revenue
17.85%
Operating profit (EBIT)
51.21%
EBITDA
51.15%
Net Profit (Loss) for the Period
73.33%
Total assets
7.02%
Total equity
5.75%
Operating Profit Margin (ROS)
2.26%
Net Profit Margin
2.58%
Return on Equity (ROE)
0.97%
Debt to Equity Ratio
-2.73%
Quick Ratio
-1.14%
Cash Ratio
0.38%

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