NI HSIN GROUP BERHAD (NIHSIN)

NI HSIN GROUP BERHAD (7215) - Company Profile

NI HSIN GROUP BERHAD is a company in the midst of a major transformation. Founded in 1957, it began as a premium stainless steel cookware manufacturer under the Buffalo and PENTOLI brands, with its products well-received in Japan and Korea for over six decades.

Facing mounting pressure on its core cookware segment, management has launched an aggressive diversification strategy into electric vehicles (EV), F&B/cafe, and logistics. The company was renamed from "Ni Hsin Resources Berhad" to "NI HSIN GROUP BERHAD" to reflect this new identity.

Current Business Segments

Key Corporate Events

• Jun 2025: Signed HOA to acquire Hy-Fresh Group (Malaysia's largest halal poultry company). Note: Hy-Fresh is owned by Datuk Seri Pua Tian Siong himself - the controlling shareholder of NIHSIN (related party transaction / RPT).
• Dec 2025: ⚠️ HOA EXPIRED - Hy-Fresh acquisition FELL THROUGH after parties could not agree on terms. A major setback for the company's growth strategy.
• Apr 2026: ✅ New OEM manufacturing agreement with MARS Greentech for SURRON brand off-road electric bikes.

Shariah Compliance

⚠️ NIHSIN is NOT Shariah-compliant - reclassified as Shariah non-compliant by the Securities Commission Malaysia Shariah Advisory Council effective 29 May 2026 (previously compliant). Muslim / Shariah investors should avoid this stock.

Key Facts

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