Ds Sigma Holdings Berhad (Malaysia)

The Company is a public limited liability company, incorporated and domiciled in Malaysia.
The Company's principal activities are investment holding and manufacturing, supplying and trading in packaging materials and paper products.
The World Health Organisation declared the 2019 Novel Coronavirus infection ('COVID-19') a pandemic on 11 March 2020. The Government of Malaysia imposed the Movement Control Order ('MCO') on 18 March 2020 and has subsequently entered into various phases of the MCO and total lockdown with recovery phase to prepare the Country to enter into endemic.
The Group has performed assessments on the overall impact of the situation on the Group's operations and financial implications, including the recoverability of the carrying amount of assets and subsequent measurement of assets and liabilities, and concluded that there is no material adverse effect on the financial statements for the financial year ended 30 June 2022.
Given the Covid-19 transitioning from pandemic to endemic situation currently, the Group will still continue to monitor for any impact arising from the Covid-19 and take appropriate and timely measures to minimise the impact of the outbreak on the Group's operations.
2002 - Kaisung was incorporated and commenced operations in the same year to undertake the supply of plastic and other protective packaging products mainly for customers in the consumer electronics industry. Our first customer was Samsung Electronics where we supplied plastic and other protective packaging products such as laminated PE foam, rubber and sponges as vibration absorbers for the packaging of Samsung Electronics’ microwave ovens
2003 - DS Packaging was incorporated and commenced operations in 2003 to focus on the supply of corrugated paper packaging products including cartons and protective packaging such as edge boards, layer pads and nesting for Samsung Electronics. We relocated our operations from a rented shop office in Balakong, Selangor to a terrace factory located at No. 36, Jalan BP 5/6, Bandar Bukit Puchong, 47100 Puchong, Selangor.
2004 - DS Manufacturing was incorporated and commenced operations as a manufacturer of corrugated paper packaging products in a rented semi-detached factory in Telok Gong, Port Klang in Selangor We purchased our first flexographic printing machine to produce cartons with capacity of approximately 2,000 pieces of carton blanks per hour, as well as a manual die-cut machine to produce die-cut sheets, trays and cartons in small quantities To cater to the growth in demand, Kaisung expanded its trading operations with the rental of another terrace factory known as No. 38, Jalan BP 5/6, Bandar Bukit Puchong, 47100 Puchong, Selangor, which is located next to our existing operations. As at the LPD, the Puchong Facility is our head office, warehouse for our protective packaging products, as well as our operational facility for the processing of plastic and foam bags
2006 - We expanded our manufacturing operations with the purchase of another flexographic printing machine to increase our production capacity. We commenced the manufacturing of paper pallets for shipping and logistics use. Through Kaisung, we commenced processing of plastic and foam bags where we cut and seal plastic and foam sheets into bags at our Puchong Facility, albeit on a smallscale basis. We secured 2 new key customers namely SSCSMwhere we supply packaging products for their international procurement operations for export, as well as PAACM where we supply packaging products for their air conditioners for local retail and export purposes.
2008 - We became SSCSM’s appointed packaging supplier and commenced providing consignment arrangement to SSCSM’s parts manufacturing vendors. These vendors will use our packaging products to transport their parts to Sony Group Corporation’s manufacturing operations in Malaysia.
2010 - We commenced supplying paper packaging products to a new key customer, namely PAVC for packaging of the customer’s liquid crystal display (“LCDâ€) television for retail.
2013 - To cater to increased demand and customer base, we purchased another flexographic printing machine for our operations in Klang. The said machine is capable of printing 2,500 pieces of carton blanks per hour. Through SSCSM, we secured another key customer within the Sony Group of Companies, namely SOEM where we supply packaging products to SOEM for packaging of their television range for local retail and export purposes.
2014 - We purchased the Nilai Factory and relocated 1 of our corrugated carton printing lines to the said factory.
2015 - We relocated our manufacturing operations to No. 29 Klang Factory, which we rented from Lucille Teoh Soo Lien and Beh Seng Lee.
2018 - In view of increasing demand, DS Packaging acquired the factory lot next to No. 29 Klang Factory, namely No. 27 Klang Factory. As at the LPD, the Klang Factories house our main manufacturing operations for corrugated paper packaging products. Our subsidiary, DS Packaging, commenced manufacturing of corrugated paper packaging products. Through DS Packaging, we purchased our first fully automatic flatbed die-cutting machine which enables us to produce folder-type cartons and trays with complex cuts and in larger quantities. The said machine is able to produce 2,000 pieces of die-cut carton blanks per hour.
2019 - DS Packaging purchased its own flexographic printing machine to produce corrugated cartons. The said machine is capable of printing 2,500 pieces of carton blanks per hour. The increase in capacity is to meet the increase in demand from our major customer. We purchased our first automatic folding, stitching and gluing machine which is able to automatically fold slotted-type carton blanks by its creases, then glue and stitched it up.
2022 - We purchased and installed another flexographic printing machine to replace 1 of our existing machines.