Eita Resources Berhad (Summary)

Introduction

EITA is an investment holding company based in Malaysia. It operates in three segments: Manufacturing, Marketing & Distribution and Services. Eita Resources Bhd was incorporated in Malaysia on 19 August 1996 as a private limited company under the name of Pacific Astro Sdn Bhd. The company changed its name to EITA Resources Sdn Bhd on 9 October 2009 and converted into a public limited company on 11 January 2010.

Segments details:

Manufacturing Segment (58%)

  • Elevator System

EITA’s contract from MRT 1 is projected to finish by 1Q2017. The chance of getting the MRT2 project increases if EITA is able to complete the MRT1 project on time and without any error.

  • Busduct System
  • Other E&E products

Marketing and Distribution segment (32%)

  • Power distribution equipment

Acquisition of TCSB allows EITA to venture into high voltage power distribution system. This enables EITA to bid the contracts from TNB to set up the ~500kV power distribution and transmission system.

  • Control equipment
  • Network and security system equipment
  • Other E&E components

Services (10%)

  • Maintenance of elevator systems
  • Electrical and security system solutions

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