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KISWIRE SDN. BHD. fixed the plan for the 2nd Neptune Factory 08. 02. 26

Kiswire SDN. BHD in Malaysia announced the 2nd Neptune Factory plan as follows

1. Location : Tanjung Langsat Industrial Complex, Johor, Malaysia
2. Area : 20 Acre
3. Investment : USD80,000,000
4. Schedule
(1) Jan. 2008 : Purchasing a ground
(2) Jul. 2008 : Ordering facilities
(3) Oct. 2009 : Finishing exclusive dock facilities direct at the sea side.
                 (Entering the raw material and shipment of finished product.)
(4) Nov. 2009 : Installing facilities
(5) Jan. 2010 : Operating
5. Products : Very big size wire rope for offshore industries,
              up to 550Mts unit weight and Spiral Strand
              * Application : Anchor Lines, Marine Riser Tensioner Lines,
                              A&R Winch Ropes, Drilling Lines,
                              Large Diameter Offshore Crane Ropes, Bridge Cable.
6. Production capacity : 1,500Mts/Month (USD7.5mil./Month)
7. Remark
- Kiswire"s Neptune wire rope will be the largest offshore wire rope brand. 4,000Mts/Month wire rope production capacity, including 2,500Mts/Month from current Neptune wire rope factory, solely dedicated to offshore industry will be available by Jan. 2010.
- One stop service for offshore industry will be available from the new factory. 2nd Neptune wire rope factory will be equipped with Fibre Ropes, Chains, Anchors and other accessories.