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Annual Report

2016

Ni Hsin Resources Berhad

(653353-W)

3

Pentoli S.R.L.

(formerly known as Kit-Zen S.R.L. )

(Company No. BS-542138)

Incorporated in Italy

Retail sales of kitchenware, tableware and cookware,

water filter and related products and accessories

100%

Corporate Structure

Investment Holding Company

Ni Hsin Resources Berhad (“NHR”)

(Company No. 653353-W)

Incorporated in Malaysia

Ni Hsin Corporation Sdn Bhd (“NHC”)

(Company No. 185578-V)

Incorporated in Malaysia

Cookware Division

Design, manufacture and sale of stainless steel

kitchenware and cookware

100%

Steel Crafts Europa S.R.L. (“SCE”)

(Company No. BS-513499)

Incorporated in Italy

Trading and assembly of kitchenware, cookware, clad

metals and stainless steel convex mirrors

100%

Inoco Resources Sdn Bhd (“INOCO”)

(Company No. 1117556-H)

Incorporated in Malaysia

General merchandiser and other commodities of all

kinds and descriptions and retailer.

100%

MyAngkasa Ni Hsin Sdn Bhd

(Company No. 1169517-K)

Incorporated in Malaysia

Distribution and marketing of cookware, kitchenware,

water filters and related products and accessories

70%

Ever-Grow Advanced Materials Sdn

Bhd (“EGAM”)

(Company No. 545564-A)

Incorporated in Malaysia

Convex Mirror & Clad Metal Division

Research, development and manufacture of clad metals

and stainless steel convex mirrors

100%

Pentoli Sdn Bhd

(Company No. 1160982-V)

Incorporated in Malaysia

100%

Distribution and marketing of cookware, kitchenware,

water filters, convex mirrors and related products and

accessories