WINITEX is a weaving,finishing,printing,sewing and packaging factory established in 1976.The paid-up capital is 9 million RM (Ringgit Malaysia)and T.Nishio & Co.,Ltd.has a 75% stake.The turnover in the fiscal year ending in March 2006 was 50 million RM.According to Lau Boon Hock,Managing Director,the first two letters WI in WINITEX were taken from Die Winkler Gruppe,a high-grade handkerchief maker in Europe and the following two letters NI were derived from T.Nishio & Co.,Ltd.,a high-grade handkerchief maker in Japan.WINI is a composite word of WI and NI.
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