UWC Berhad (“UWC”) (KLSE: UWC) is an integrated engineering support services provider, mainly dealing with the provision of precision sheet metal fabrication, assembly services and the fabrication of precision machined components.
Since its listing on 10 July 2019, UWC’s share price has appreciated over 1,100%, from its initial public offering (IPO) price of RM0.82. If you are looking at UWC with interest, here are 10 things to know before you invest.
1. Business activities
UWC operates out of Batu Kawan, Penang where it has a 2-storey office building and detached factory with a total built-up of 5.9 acres.
Essentially, the group specializes in the shaping of sheet metals and metal block customised as per customer designs and specification into intermediate metal products ranging from metal piece-parts to precision machined components. This generally involves various processes such as cutting, forming, joining, as well as other associated processes like abrasive blasting, silkscreen and painting.