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GIIB GROUP

Company History

By CEO of GIIB GROUP

GIIB Holdings Berhad is a prominent investment holding company headquartered in Nilai, Malaysia. Founded in 1990 as Goodway Integrated Industries Berhad, the company has grown from its foundational rubber business into a globally recognized manufacturing and healthcare entity. In December 2020, the company officially changed its name to GIIB Holdings Berhad, marking a new era of diversified growth and international reach.

Today, GIIB operates across multiple continents, including Oceania, Africa, Europe, the Middle East, the Americas, and Asia. Our core business is organized into distinct segments: Rubber Compounds, Healthcare (particularly glove manufacturing), Property Development, and Retreading Services. We proudly offer industry-leading products under trusted brands such as Supercool, ToughTread, and Rubtek.

Our Values

 
 

At GIIB, our operations are guided by a commitment to excellence, sustainability, and equitable growth. We believe that a strong corporate culture drives our success. Our core values include:

  • Quality & Innovation: We continuously refine our technological compounds and healthcare products to meet the highest global standards.
  • Diversity & Inclusion: We recognize that a diverse workforce enhances decision-making capability and is an essential element of a well-functioning organization.
  • Accountability & Transparency: We are committed to good governance, ensuring our business practices align with the expectations of our stakeholders and the Malaysian Code on Corporate Governance.

Code of Conduct

 
 

Our Code of Conduct forms the ethical foundation of GIIB Holdings Berhad, ensuring a professional environment that is fair, safe, and respectful:

  • Equitable Representation: We actively promote gender diversity at the Board and Senior Management levels, fostering an accommodating boardroom culture free from discrimination.
  • Fair Remuneration: We adhere to a structured Remuneration Policy that ensures compensation is commensurate with individual performance, responsibilities, and market practices, avoiding conflicts of interest.
  • Ethical Governance: All Directors and Senior Management are guided by principles that prioritize the company’s long-term sustainability, legal compliance, and the highest standards of integrity.

Board of Directors

 
 

Our leadership team brings together a wealth of expertise in manufacturing, finance, and corporate governance to drive GIIB forward:

  • Dato Sri Hj. Wan Adnan Bin Wan Mamat – Chairman
  • Tai Qisheng – Chief Executive Officer
  • Tai Qiyao – Executive Director
  • H’ng Boon Keng – Independent Non-Executive Director & Chairman of the Audit and Risk Management Committee
  • Datuk Firmansyah Aang Bin Muhamad – Independent Non-Executive Director & Chairman of the Nomination & Remuneration Committee

Management

 

GIIB’s senior management team is dedicated to executing our strategic vision, optimizing operational efficiency, and sustaining our competitive advantage in the global market. Our leadership structure is designed to foster agility, innovation, and cross-functional collaboration.

  • Tai Qisheng – Chief Executive Officer (CEO): Leading the company’s overarching strategic direction, the CEO oversees GIIB’s global expansion, operational integration, and corporate development. Tai Qisheng plays a pivotal role in steering the company’s recent diversification into the healthcare and glove manufacturing sectors while maintaining the legacy strength of our rubber compound division.
  • Executive Management & Operations: Under the guidance of the CEO and Executive Directors, our specialized departmental leaders drive day-to-day excellence across our core verticals:

  • Healthcare & Glove Division: Focused on maintaining ISO and FDA compliance, maximizing the 1.05 billion annual production capacity at our Nilai facility, and ensuring top-tier product quality.

  • Rubber Compounds & Retreading: Dedicated to advancing our Supercool, ToughTread, and Rubtek brands through sustainable manufacturing and R&D.

  • Corporate Finance & Governance: Ensuring robust fiscal health, transparent stakeholder reporting, and strict adherence to Bursa Malaysia’s Shariah-compliant standards.

Accolades & Market Presence

 
  • Global Reach: Trusted distributor of technical rubber compounds and healthcare products across more than 60 countries worldwide.
  • Shariah-Compliant: Officially recognized as a Shariah-compliant stock on Bursa Malaysia, reflecting our adherence to ethical financial and business practices.

 

Milestones

  • 1990: Established as Goodway Integrated Industries Berhad, beginning our journey in the rubber compound industry.
  • 2004: Established our Audit Committee, signaling a commitment to corporate accountability leading up to wider public market integration.
  • 2020 (December): Officially rebranded and changed the company name to GIIB Holdings Berhad to reflect a modern, diversified global portfolio.
  • 2022 (February): Adopted progressive corporate frameworks, including the comprehensive Gender Diversity Policy and Remuneration Policy, aligning with the highest standards of the Malaysian Code on Corporate Governance.
  • Present: Successfully expanded business operations into the Healthcare sector with the GIIB Glove Business, while continuing to innovate in Rubber Compounds and Retreading services globally.

Environmental Friendly

Environment is the most important factor in everything we do today.Our core business, providing retreading materials to the market since 1989 is an environmental business at its beginning.

Preventing used tyres from ending up in landfill, it prevents more virgin materials like rubber, oil, chemicals from excessively consumed. Our cooling water (which is heated) is delivered to the boilers to reduce the amount of energy to produce steam as one example. We design the business with the environment as the guiding principle.