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Khind Holdings Berhad (Khind; MYX: 7062) is a producer and marketer of home consumer electrical appliances and an industrial electrical company with a revenue of RM325 million in 2013. Khind employs over 800 staff with 11 branch offices in Malaysia and a manufacturing plant in Sekinchan, Selangor. With operations in the ASEAN[1][2] region, Middle East, North Africa and Europe – Khind exports to over 60 countries.[3]
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Company type | Public limited company |
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MYX: 7062 | |
ISIN | MYL7062OO002 |
Industry | Household Electrical Appliance Maker |
Founded | 1961 |
Founder | Cheng King Fa |
Headquarters | Shah Alam, Malaysia |
Area served | Worldwide |
Revenue | MYR 559 million (31 December 2022) |
Number of employees | 810 (Dec 2014) |
Subsidiaries | Khind-Mistral (M) Sdn Bhd, Khind-Mistral Industries Sdn Bhd, Khind Alliances Sdn Bhd, Khind Electrical (Malaysia) Sdn Bhd, Khind-Mistral (Borneo) Sdn Bhd, Khind Middle East Fze, Khind Systems (Singapore) Pte Ltd, Khind Electrical & Environmental (Singapore) Pte Ltd, Mistral (Singapore) Pte Ltd, Mayer Marketing Pte Ltd, Khind Electrical (Hong Kong) Limited, Khind Environmental Solutions (Indonesia) |
Website | khind |
The company produces home consumer electrical appliances, including fans, emergency lanterns, rice cookers, steamers, and small home kitchen appliances under the Khind and Mistral brands. It is also the official marketing company for international brands such as Ariston (Home water heating equipment); Honeywell, Mistral (air cooling devices) in Malaysia.[citation needed] Regionally, through its subsidiaries, Khind is also a marketer for high-end home consumer appliance brands including KitchenAid, Ariston, and Bugatti; while its industrial electrical solutions subsidiaries help distribute brands such as Relite (a specialist air cooling brand) and Swisher (specialist in industrial cleaning solutions) and Augier (medium voltage transformers).[4][citation needed]
History
editThe Beginning (1961-1991)
KHIND was started by Mr. Cheng King Fa in 1961. Back then, it was called "Syarikat Letrik Kee Hin", derived from two Chinese words 机兴 for mechanical (机) and prosperity (兴). As demand continues to surging, King Fa decided to produce his own DC Ballast and invited his brother, Cheng Hup to co-run the business together. As the business grow, King Fa was able to establish a small factory to produce more products such as DC Ballasts, cable clip and other electric appliances. In 1987, the business sees a rise as Mr. Cheng Ping Keat entered the business with new blood and energy and in 1989, KHIND was established.[5]
References
edit- ^ "Khind aims for wider Asean market". The Star. 3 April 2003.
- ^ "Company Overview of Khind Holdings Berhad". bloomberg. 26 June 2017.
- ^ "Khind banks on exports". The Sun. 26 January 2003.
- ^ "Khind plans expansion into new markets". The Star. 3 October 2012.
- ^ "Our Team".