Industry News


24 November 2017 - South Korean fabricator to use Malaysia as regional base
  1. More South Korean aluminium formwork manufacturer S-Form Group plans to use Malaysia as a springboard to export its products to the regional market
21 November 2017 - Supermax in talks to buy another Japanese contact lens maker
  1. More Supermax Corp Bhd, the world’s fourth biggest glove maker by production capacity, is in talks to acquire a Japanese contact lens maker — a move to become the dominant player there.
21 November 2017 - Denko inks deal to buy Integrated Manufacturing for RM1.18b
  1. More Denko Industrial Corporation Bhd has signed a conditional share sale agreement to acquire Integrated Manufacturing Solutions Sdn Bhd (IMS) for RM1.18bil purchase consideration
20 November 2017 - Elsoft sees higher demand lifting H2 performance
  1. More Test equipment manufacturer Elsoft Research Bhd expects a better financial performance in the second half of this year compared to the first half, based on higher demand for the company’s products
20 November 2017 - Chin Well plans regional expansion
  1. More Steel fastener producer Chin Well Holdings Bhd is planning a regional expansion next year
20 November 2017 - China-based LONGi to invest RM100mil more in Malaysia
  1. More China-based Xi’an LONGi Silicon Materials Corp (LONGi) will invest about RM100mil next year in expanding the company’s various manufacturing facilities in Samajaya Free Industrial Zone (SFIZ), Kuching, to boost the production capacity of solar panels
20 November 2017 - AJ Biologics investing over RM138.2m in vaccine facility
  1. More A Saudi vaccine manufacturer will invest more than RM138.2 million in the next three to five years to establish Malaysia’s first state-of-the-art vaccine manufacturing facility.
19 November 2017 - Malaysia to lead the way in unifying halal standards
  1. More There is a lack of synchronicity when it comes to the standards and procedures involved in issuing halal certification, pointing to a disunity in acknowledging the numerous halal stamps across the region and globe
19 November 2017 - 'Halal' is not just about food
  1. More Malaysia is the only country where the halal industry development agenda is backed by the government
17 November 2017 - E&E paves way for Industry 4.0
  1. More Sector has shown upward trend in exports for past 3 years, says Mustapa
16 November 2017 - PetGas gets first commercial LNG cargo at Pengerang regasification terminal
  1. More Petronas Gas Bhd (PetGas) has received its first commercial liquefied natural gas (LNG) cargo recently at its newly-commissioned Regasification Terminal Pengerang (RGTP) in Pengerang, Johor
16 November 2017 - Key Asic's strategic shift to healthcare devices bearing fruits
  1. More Semiconductor design company Key Asic Bhd has started to see the results from its strategy shift to focus on healthcare devices.
13 November 2017 - We don't need to become multi-product company
  1. More Hartalega Holdings Bhd will maintain its focus on manufacturing medical gloves even as its rival are diversifying into contact lens, condoms and car components
13 November 2017 - Revolutionary gloves set to lift Hartalega
  1. More First clinical trial by University College London Hospital will start next month
11 November 2017 - Hartalega strengthens market grip
  1. More World's first non-leaching anti-microbial glove will be game-changer in healthcare industry, says chairman
11 November 2017 - Fonterra bullish on Malaysia
  1. More NZ dairy giant sees country as gateway to other markets
09 November 2017 - F&N on track to hit RM500m goal
  1. More F&N is on track to achieve its target of half a billion ringgit worth of exports from Malaysian operations by 2020 after raking in RM300 million in exports sales in its last financial years
09 November 2017 - Penetration rate set to reach 50pc
  1. More Number of EEVs sold hit 42.8pc of total industry volume last year
04 November 2017 - Aramco close to finalising Rapid deal
  1. More Government giving all parties the opportunity to resolve some technical issues regarding investments, says minister
04 November 2017 - Malaysia looks forward to Broadcom expansion
  1. More Malaysia looks forward to global chipmaker Broadcom Ltd's continued expansion in the country as well as strengthening its global supply chain activity
04 November 2017 - SAM plans to begin ops by next year
  1. More Component maker to start commercial production of nacelle beams for Airbus
03 November 2017 - Deleum eyes new business
  1. More Unit will complement firm's 3 core segments in O&G industry, says MD
01 November 2017 - Rising cost of packaging materials to impact F&B firms
  1. More The rising cost of paperbased packaging materials is expected to significantly impact food and beverage (F&B) companies, according to MIDF Research
01 November 2017 - Globetronics posts record quarterly net profit
  1. More Company starts mass production of new products for clients
01 November 2017 - CI Holdings’ new plant expected to be fully operational by March 2018
  1. More Edible oil producer CI Holdings Bhd expects its upcoming new plant, which will increase the group’s capacity by 22%, to be fully operational by March 2018
01 November 2017 - Apex Healthcare’s new plant seen to double production capacity
  1. More Apex Healthcare Bhd is an integrated pharmaceutical company. We like the company for its solid earnings delivery and strong balance sheet (net cash of RM79 million). The new oral solid-dosage plant that will be completed in the first half of 2018 (1H18) and the recent European Union (EU) good manufacturing practice (GMP) certification award are positive catalysts. We forecast a 2016 to 2020 earnings per share (EPS) compound annual growth rate (CAGR) of 18%
01 November 2017 - CIH on drive to widen market reach
  1. More Firm sees growth potential in countries such as Philippines and Cambodia
31 October 2017 - Switching into high gear
  1. More PROTON Holdings Bhd aims to roll out 400,000 vehicles annually at a new palnt in Tanjung Malim fromm 2022 by leveraging its partnership with Zhejiang Geely Holding Group
30 October 2017 - Perodua upbeat on Q4 sales
  1. More Group expects to meet goal as it plans new initiatives and launch of new car
28 October 2017 - Rapid boost brightens Pantech’s outlook
  1. More Company seen getting big jump in profit in financial year 2018
28 October 2017 - Lotte Chemical remains optimistic despite setbacks
  1. More It has not exactly been smooth-sailing for Lotte Chemical Titan Holding Bhd since its July listing
27 October 2017 - Sumatec to acquire Markmore for RM1.55bil
  1. More Sumatec Resources Bhd has proposed to acquire oil and gas (O&G) company Markmore Energy (Labuan) Ltd (MELL) for US$370mil (RM1.55bil) to enhance its earnings from oil production
27 October 2017 - Misif sees bright future for local steel industry
  1. More The Malaysian Iron and Steel Industry Federation (Misif) sees a bright future for the local steel industry, thanks to a combination of increasing domestic demand, recovery in product prices and safeguard measures by the authorities
27 October 2017 - Chua: Steel industry still vital to the country
  1. More Deputy minister says Govt looking at how the sector can move up value chain
26 October 2017 - Nudging the construction industry towards digitisation
  1. More Do you know which industries are among the most un-digitised in the world?
26 October 2017 - Perodua mulls using Japan technology for own e-cars in Malaysia
  1. More National carmaker Perodua is studying the possibility of introducing its own electric vehicles (EVs) in Malaysia
25 October 2017 - Pensonic eyes IoT market
  1. More Electronics company joins Internet of Things consortium
25 October 2017 - Luxx Newhouse to invest RM80mil in UEM Sunrise’s SILC
  1. More Building materials company Luxx Newhouse Group will be investing RM80mil over the next five years in UEM Sunrise Bhd’s Southern Industrial and Logistics Clusters (SILC) phase 3, boosting total committed investments in the industrial park in Johor to RM117mil
24 October 2017 - Denko executive chairman injects plastic moulding business into firm in RM1bil deal
  1. More Denko Industrial Corp Bhd says its executive chairman, Datuk Seri Foo Chee Juan, is injecting his privately controlled plastic moulding business into the company for new shares in a deal worth RM1.186bil
24 October 2017 - Top Glove said to buy Adventa’s surgical glove operations
  1. More Top Glove Corp Bhd is said to be acquiring the privately held surgical glove operations of Adventa Bhd, according to two industry sources
24 October 2017 - Hidden in tech supply chain, a Malaysian stock surges 400%
  1. More For technology stock investors, it sometimes pays to buy the companies that make the parts
24 October 2017 - BMW tops in sales
  1. More German carmaker says Malaysia the No.1 market in Asean for its electrified vehicles
23 October 2017 - Plywood product prices on uptrend
  1. More Japanese firms paying more due to falling inventories
23 October 2017 - Outlook improving for Success Transformer
  1. More Competitive pricing key to higher demand for its lighting products
23 October 2017 - Higher capacity boost for Hartalega
  1. More Nitrile glove maker expects stronger revenue growth this year
23 October 2017 - D&O's product change yields positive results
  1. More Leading packaging company D&O Green Technologies Bhd has changed its product portfolio and is now focusing in light-emitting diode (LED) markets in the automotive segment
22 October 2017 - Germany continues to be important source of investment
  1. More It is important for Malaysia to increase its visibility in Europe, particularly Germany, as the country has become an important source of investment, said the International Trade and Industry Ministry
21 October 2017 - Thriving Top Glove believes growth is sustainable
  1. More The world’s largest rubber glove maker title still goes to Top Glove Corp Bhd despite an increasingly competitive industry landscape
21 October 2017 - Strong vehicle sales seen in fourth quarter
  1. More While vehicle sales took a nosedive last month, weighed down by fewer working days and lower loan approval rates, things are however looking up for the automotive sector in the current and final quarter of 2017
21 October 2017 - Electric vehicles more reliable
  1. More Testing and consumer surveys show electric vehicles are more reliable than internal combustion automobiles
20 October 2017 - Manufacturing investments set to recover in next few months
  1. More Investments in manufacturing sector is expected recover in the next few months due to Malaysia's established industrial ecosystems
16 October 2017 - Second wind for glove makers
  1. More Bellweather Top Glove earnings surge fires up sector’s outlook
14 October 2017 - Vehicle sales up 2.8% in August
  1. More Statistics Dept says sales grew at slower pace to RM12.3bil
14 October 2017 - Modenas plots way up through partnerships
  1. More Tie-up with India’s BAL another step in regaining lost ground
14 October 2017 - Top Glove sees M&A as good fit
  1. More Company also building new manufacturing facilities to boost production capacity
13 October 2017 - Rubber glove exports to hit all-time high
  1. More Industry raises sales target to RM16.2bil on strong demand
13 October 2017 - Locally-made Volvos for export
  1. More Locally-assembled Volvo cars will be exported to markets in the region with a projected volume of 5,000 units per annum
13 October 2017 - Industrial output up in August
  1. More MIDF Research: Exports in August expanded by 21.5%
13 October 2017 - Airbus now owns 100% of Sepang Aircraft Engineering
  1. More Sepang Aircraft Engineering Sdn Bhd is now an Airbus SE unit after the aircraft manufacturer took full control of the aircraft maintenance company by acquiring the remainder 60% stake
12 October 2017 - Chin Hin invests RM3m for ultra-high performance concrete production
  1. More Building materials maker Chin Hin Group Bhd said its unit Diva Victory Sdn Bhd plans to spend RM3 million to buy equipment to set up a high and ultra-high performance concrete manufacturing plant
12 October 2017 - Biomass sector on track to meet investment target
  1. More The country's biomass sector is on track to meet its target of attracting RM25 billion investments by 202, in accordance with the National Biomass Strategy 2020, said the Malaysian Investment Development Authority
11 October 2017 - Muhibbah gets nod for Kertih park job
  1. More Muhibbah Engineering (M) Bhd has received the green light from the East Coast Economic Region Development Council to construct and complete the main infrastructure works worth RM168mil for Kertih Biopolymer Park in Kemaman, Terengganu
11 October 2017 - Fuelling domestic investments
  1. More Petroliam Nasional Bhd's exit from a liquefied natural gas venture in Canada will allow it to channel funding to higher-priority projects closer to home, such as the US$27 billion (RM114 billion) Pengerang Integrated Petroleum Complex in Johor
11 October 2017 - Vizione unit bags RM465m construction contract
  1. More Vizione Holdings Bhd's wholly-owned unit Wira Syukur (M) Sdn Bhd has secured a RM465 million construction contract from Hektar Aneka Sdn Bhd
09 October 2017 - Vitrox investing RM130mil to expand ops
  1. More Group sees growing demand for its test equipment and systems
09 October 2017 - From food to cosmetics, Japan firms eye Malaysia’s halal industry
  1. More Japan’s Sumitomo Mitsui Banking Corp (SMBC) is looking to back a push by Japanese firms planning to invest in Malaysia’s syariah-compliant halal market, an SMBC official said
09 October 2017 - Astino eyes new markets
  1. More Building materials company plans new products in bid to boost growth next year
09 October 2017 - Petronas to award up to RM6b jobs
  1. More Sapura Energy, Petra, Dayang, Carimin among frontrunners for major contracts
07 October 2017 - PONSB gets RM1.1bil R&D reimbursement grant
  1. More Proton’s manufacturing unit intends to fully settle loan
07 October 2017 - A RM3.8bil injection for PetChem
  1. More Company gets huge capital boost from polymer plant deal with Saudi Aramco
07 October 2017 - Go Auto to deliver its first electric buses by end 2017
  1. More The official distributor for Haval vehicles in Malaysia, Go Auto, will launch electric vehicles (EV) and its components by end of this year, in line with efforts to transform Malaysia into a regional manufacturing hub
06 October 2017 - Bison ventures into food production
  1. More Bison Consolidated Bhd, which runs myNEWS.com outlets in Malaysia, is diversifying into food production to grow its business
06 October 2017 - KLK launches fourth ester plant, R&D centre
  1. More Kuala Lumpur Kepong Bhd’s (KLK) subsidiary KLK Oleo has launched its fourth Reactor Specialty Ester Plant (EP4) and a research and development (R&D) centre in Klang, Selangor
06 October 2017 - Globetronics to boost sensor unit
  1. More Globetronics Technology Bhd is expected to increase its capital expenditure (capex) for this year to RM103mil from RM80mil, said Affin Hwang Capital Research
06 October 2017 - Etika pumps RM100mil into dairy plant
  1. More Etika Group of Companies has invested over RM100mil to upgrade its dairy plant in Meru, which will see an exponential increase in local milk production from Etika
06 October 2017 - Relief seen for car sector
  1. More Industry may receive further tax exemption for localisation and reduction in exercise and import duties
06 October 2017 - Dairy plant gets RM100m upgrade
  1. More Etika anticipate exponential increase in local milk production, demand
05 October 2017 - MNCs, big firms should help SMEs involved in halal products
  1. More The government called on multinational companies (MNCs) and large local companies (LLCs) to take on a bigger role in assisting small-and medium-sized enterprises (SMEs) involved in halal products in the country
04 October 2017 - KLK: 4th ester plant to churn out extra 10,000 tonnes
  1. More Kuala Lumpur Kepong Bhd (KLK) has invested RM40 million in its fourth reactor specialty ester plant (EP4) and research and development (R&D) centre
03 October 2017 - Aramco seals deals in two facilities
  1. More Saudi state-owned firm takes stakes in petrochemical plants
03 October 2017 - New Proton set to benefit from Geely’s latest technology
  1. More DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd (Geely) announced last Friday the appointment of its new Proton group board members
03 October 2017 - Mustapa: Proton can reignite 'Asean car' dream
  1. More International Trade and Industry Minister Datuk Seri Mustapa Mohamed said it was possible for Proton Holdings Bhd to revive the "Asean car" dream in the next five years
02 October 2017 - Thong Guan plans 3-fold expansion
  1. More Packaging firm’s capacity and revenue growth to be in two phases
02 October 2017 - RGB sees double-digit growth
  1. More Gaming machine maker to hit sales target of RM169mil by Q3
02 October 2017 - Gold jewellery exports to hit RM6bil this year
  1. More The Penang Goldsmith Association (PGA) is projecting the value of Malaysia’s gold jewellery exports to hit about RM6bil in 2017, compared to RM7.18bil achieved in 2016
02 October 2017 - Bajaj Auto mulls setting up regional hub in Malaysia
  1. More Firm to work with Modenas to get good market share in country
02 October 2017 - More growth seen for biodegradable packaging industry
  1. More Malaysia’s biodegradable packaging industry is expected to see further growth as countries around the world and Malaysia boost efforts to reduce the use of plastic and polystyrene materials, said Malaysian Bioeconomy Development Corp (Bioeconomy Corp)
30 September 2017 - Proton's turnaround in sight
  1. More Carmaker can break even in 3 years and be profitable in 5, says Syed Faisal
29 September 2017 - Asia File to spend RM30mil on foodware production
  1. More Asia File Corp Bhd is spending RM30mil to start soon the production of paper and plastic disposable foodware.
29 September 2017 - Ikhmas Jaya moves a step closer to building new manufacturing facility
  1. More After several setbacks, piling specialist Ikhmas Jaya Group Bhd is one step closer to setting up a new prefabricated building system manufacturing facility in Teluk Panglima Garang, Selangor after receiving conditional approval from the Department of Environment Selangor (JASNS) to convert the land use from agriculture to light industry
28 September 2017 - Paragon Adventure offers to buy Goh Ban Huat
  1. More Proposed acquisition at RM1.40 per share, a 2.1pc discount of firm's last traded price
27 September 2017 - LKL upbeat on segment's growth
  1. More Firm banks on high-value products to boost performance
25 September 2017 - Kim Hin gets boost from Australian project
  1. More Ceramic tile manufacturer Kim Hin Industry Bhd’s sales in Australia will be bolstered as the company has secured a contract to be the sole supplier of tiles for the Melbourne Square project
25 September 2017 - Petronas reforms bearing fruit
  1. More National oil giant's financial performance improves thanks to raft of measures
23 September 2017 - Windfall for local furniture makers
  1. More Manufacturers with exports to the United States likely to see a spike in demand
23 September 2017 - MARDI keen on Italy machinery
  1. More Local players encouraged to embrace mechanisation to improve crop yields
22 September 2017 - Spritzer set to sustain market-leading position
  1. More Future earnings backed by growing export sales, says Kenangan IB
20 September 2017 - O&G sector seen doing better
  1. More The oil and gas (O&G) sector, whose second quarter (Q217) results came in line with analyst estimates, is poised to chart a better performance for the year on the back of improved crude oil prices, stronger sector contract flows and Petronas commitment to raise dividend payment for financial year 2017
20 September 2017 - Broadcom exports to hit RM65bil next year, says Mustapa
  1. More Broadcom’s exports for 2018 are expected to hit around RM65bil, making it the biggest semiconductor and electronic exporter from the country
20 September 2017 - Proton gets set for new journey
  1. More Business plan will be finalised by end of month, says China partner


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Last Updated : Friday 24th November 2017