In 1997, Asia Poly Industrial Sdn. Bhd., a Taiwanese joint venture company was in grave financial difficulties when the paid-up capital was depleted. With the event of the economic crisis in mid 1997, the owners were forced to look for the injection of new capital or to sell the company, lock, stock and barrel.
The company was officially taken over on 1st April 1998 by a new Malaysian investor. Although there was a lack of extensive knowledge of the industry, the positive attitude and the desire to localize the workforce with set long term goals, put the company on the right path. The emphasis on R&D, Quality and export orientation set the pace of the company towards steady growth with the vision to be the most efficient and profitable Cast Acrylic sheet manufacturer in Malaysia.


With immediate effect, the new management sought the necessary expertise for its production facilities and began a very ambitious expansion programme to update and increase quality and capacity along with safety and worker's knowledge. Extensive plant and building renovations were undertaken along with a considerable amount of new machinery and equipment were installed to modernize the entire manufacturing sector. New technologies were brought in to upgrade every aspect. Strategic and long-term agreements were negotiated with key suppliers to reduce and stabilize costs. Very clear business strategies were put in place along with long term goals, the progress of which is maintained regularly and updated. Asia Poly follows very diligently its policy of "Long Term Partnership" and adheres strictly to its 3 way principal of Suppliers - Company - Customer Relationship, which is based strictly on PARTNERSHIP.

 

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