Heng Hup Holdings Limited is a Malaysia-based scrap ferrous metal trader. The Company and its subsidiaries are engaged in the trading of scrap ferrous metals, used batteries, waste paper, iron-ore, and other scraps in Malaysia. It operates in a single segment, which is trading of recycling materials. Its scrapyard sales business includes the purchase of scrap ferrous metals from various sources and process them at its scrapyard to the required specification and sells them to its steel mill customers. Its direct delivery sales business includes the purchase of processed scrap ferrous metals from external third-party scrapyards (suppliers who are not approved scrap metal providers of the steel mills) and sells them to customers without processing. It also operates approximately three scrapyards with an aggregate land area of 61,000 square meters, equipped with the processing machinery for ferrous metals. It also operates three wastepaper yards located in the state of Melaka and Johor.