SEREMBAN: S-Form System Formwork (M) Sdn Bhd, which is a unit of South Korea's S-Form Co Ltd, will make Malaysia as its regional export hub to supply aluminium formwork system services due to the country's strategic geographical location as well as its business friendly policies.
S-Form group chairman Kim Joon Nyun said the construction and civil engineering industry in Malaysia and the region is booming and the company wants to have a slice of the pie by setting up its manufacturing plant here in Bandar Sri Sendayan, its first ever outside of South Korea.
"This formwork fabrication plant will enable us to provide high quality, prompt delivery, accurate after sales service to Malaysian market as well as to establish a production base for export to South East Asian countries such as Singapore, Indonesia, the Philippines and Thailand.
"Companies such as IJM Land, Mah Sing and other developers are registering strong growth in Malaysia and S-Form would like to be part of that growth by supplying the formwork," Kim told NST Business here yesterday at the launch of its RM40 million factory.
Kim said the eco-friendly aluminium formwork system produced in its factory will contribute greatly to the development of the local construction industry, bolster the industrialised building systems sector and protect the Malaysian environment.
Established in 1985, South Korea stock exchange listed S-Form is the world's largest aluminium formwork system services provider for the industrial, residential, construction and civil engineering sectors in South Korea churning out 600,000 sq meters of forwork and made a revenue of US$600 million last year.