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Ramatex Berhad Company

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Ramatex Berhad Company
A Brief Company Profile

Tai Wah Garments Industry Sdn Bhd as subsidiary of the
Ramatex Berhad Company

Ramatex Berhad was established in 1982 as Gimmill Industrial (M) Sdn., a small textile manufacturing plant in Batu Pahat, Malaysia. The Ramatex Group, as it is now known today, expanded vertically from dyeing and knitting mills into yarn manufacturing in 1989 and continued its growth into finishing fabrics and printing in 1992. On November 12, 1996, the Ramatex Group was officially listed on the Kuala Lumpur Stock Exchange. Ramatex is the undisputed leader in the Malaysian textile industry. Today members of the Ma Family who originally set up the business are still the majority shareholders, owning 59 percent. They also still play an active management role.

The company produces fabric and garments for Nike, Adidas, Puma, Otto Versand, Target, Wal-Mart and Sears Woolworth. Ramatex’s subsidiary Tai Wah penetrated the international market in 1982, producing branded apparels for European buyers under names such as Adidas, Christian Dior, Ralph Lauren, Nike and Halmode.

Ramatex Berhad has subsidiaries in China, Mauritius, Namibia and South Africa. Ramatex has three garment factories in the Eastern Cape South Africa owned by 2 of its subsidiaries: SA Tai Wah Textiles (Pty) Ltd and the May Garment Company (Pty) Ltd. On 16 September 2003, SA Tai Wah and May Garment gave notice that their operations In Dimaza, Eastern Cape, South Africa would cease resulting in job losses for 2 500 workers. Apparently, this was due to the company's relocation of production to Namibia. Most workers in South Africa earned around N$ 950 per month while the wages paid in Namibia are lower.

With a turnover of about U$ 200 million a year, the Ramatex group currently operates from three major manufacturing facilities in Malaysia, China and Namibia. The Malaysian facility mainly caters for the export quota markets, whereas products manufactured in China are mainly aimed at the

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