Azman Hamzah Plastik Sdn Bhd (AHP)

Azman Hamzah Plastik Sdn Bhd (AHP) For over twenty years, ... hot plate, tooling ... including indoor & outdoor plastic...

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Development Finance

[MIDF SUCCESS STORY]

Azman Hamzah Plastik Sdn Bhd (AHP)

products’ processing and production; while

concurrently

provide

optimum

satisfaction to its customers, in line with the company’s motto. 2010 was an excellent year for AHP when their financial profits showed a remarkable

improvement,

from

the

previous year’s RM37 million to RM49 million in 2010. The company had also received

several

recognitions

such

awards as

"Best

and Vendor

Platinum Award 2010" from Proton, For over twenty years, Azman Hamzah

"Outstanding

Plastik Sdn Bhd (AHP) has defied the

Award 2010" from TS Lear, "Industry

odds in the automotive industry and as

Excellence Award 2010" from MITI and

things currently stand, they are now a

numerous

much

plastic

quality systems management has been

injection moulding (PIM) for some of the

recognised with ISO 9002 (in 1996), QS

biggest

automotive

9000 (in 2001) and TS 16949 (in 2004)

industry such as Proton, Perodua, UMW

from SIRIM. In order to increase the

Toyota, Isuzu, TS Lear and Delloyd

competitiveness of AHP in order to

Industries just to name a few. Apart

remain relevant in the industry, the

from having the expertise in producing

company

products for industrial automotive, the

products which have a more modern

company’s products are also available

industrial

for the local electrical goods industry.

customers. Indeed, the quality and

The main factor behind AHP’s survival

efficiency in production have conspired

and success within the industry lies

to make AHP as a successful SME.

trusted names

producer in

the

of

Delivery

others.

also

Moreover,

focuses

design

Performance

to

on attract

AHP’s

plastic more

within its Quality Management System. The implementation of the said system

The

portrays AHP’s commitment towards

operations are managed via its two

maintaining the highest quality of its

company’s

manufacturing

Development Finance

[MIDF SUCCESS STORY]

plants in Shah Alam, Selangor and one

Among the measures taken to improve

in Tanjong Malim, Perak. Each factory

the company’s financial performance,

plant operate a three-shifts per day

AHP

schedule and handles various processes

revolving credits of MIDF’s Soft Loan

such as ultrasonic welding, vibration

Scheme

welding, hot plate, tooling fabrication,

Modernisation (SLSAM) in order to assist

vacuum foaming, kimekomi, painting,

the company’s fast-paced daily finances

fabric

lastly,

in lieu of the rapid business operations.

installation of the product. In order to

It is noteworthy to note that AHP’s loan

stave off challenges and to ensure

was approved within a short time frame

customer satisfaction, AHP conducts

by

keen

performances of AHP.

laser

cutting

Research

&

and

Development

has

MIDF

taken for

towards Automation

given

the

utilising and

encouraging

initiatives so as to produce newer and more innovative products to the market.

MIDF has contributed to some extent

Through the fusion of these high-tech

through the financial assistance of AHP

machines

software

in terms of loans at a very competitive

systems, AHP is able to produce more

interest rate. With their decent cash

than 400 kinds of plastic products

flow, AHP were able to focus entirely on

including

improving productivity and quality of its

and

computer

indoor

&

outdoor

plastic

components of cars.

products. As with most companies, AHP also chose to apply for MIDF’s financial

Through the significant additions of

assistance, and this being based on a

modern

and

sophisticated

tooling

multitude of factors, chief among it

facilities,

AHP

were

offer

revolves around the much competitive

attractive prices to its customers for

monthly payment rates – in comparison

each of their products, and this was also

to the ones offered by conventional

due

good

banking and Islamic banking within the

This

market. The financing is structured to

highlighted what is essentially one other

allow repayment being made over what

another aspect of AHP’s secret towards

is deemed as a reasonable amount of

longevity and success - their strong and

time while also taking into account the

shrewd financial management quality.

cash flow of the company itself. Apart

to

management

the of

able

to

company’s its

costs.

Development Finance

[MIDF SUCCESS STORY]

from the attractive package structured by MIDF, AHP were confident with MIDF’s

reputation

in

helping

many

domestic businesses and also other SMEs

to

establish

and

grow

their

businesses successfully. AHP also took into account the reputation of MIDF as a savvy

institution

with

abundant

experience on the financial needs of services-based companies. Azman Hamzah Plastik Sdn. Bhd. (AHP), established in 1989 with its first factory located in Shah Alam, continues its success story within an uncompromising industry

and

seeks

to

reach

their

successes of 2010, if not to better it.