Melewar Industrial Group Berhad

Melewar Industrial Group Berhad
Formerly called
Maruichi Malaysia Steel Tube Sdn Bhd (1972-2003)[1]
Public
Traded as MYX: 3778
Industry Steel, Energy & Engineering
Founded 1972 (1972)
Headquarters 15th Floor, No 566 Jalan Ipoh, Kuala Lumpur, Malaysia
Key people
Tunku Dato’ Ya’acob bin Tunku Tan Sri Abdullah (Executive Chairman)
Revenue
  • Decrease MYR668.0 million (2015)
  • MYR808.5 million (2014)

[2]

  • Decrease MYR(35.9) million (2015)
  • MYR62.9 million (2014)
  • Decrease MYR(29.5) million (2015)
  • MYR74.6 million (2014)
Total assets MYR699.6 million[2] (2015)
Number of employees
361
Subsidiaries
  • Mycron Steel Berhad
  • Melewar Industrial Technologies Ltd
  • Melewar Steel Mills Sdn Bhd
  • Melewar Integrated Engineering Sdn Bhd
  • Melewar Ecology Sdn Bhd
  • Melewar Steel Engineering Sdn Bhd
Website www.melewar-mig.com

Melewar Industrial Group Berhad(MYX: 3778) is a manufacturing company in Malaysia. It is owned by the family of its late founder and chairman Tunku Tan Sri Abdullah ibni Almarhum Tuanku Abdul Rahman from the Negeri Sembilan royal family and engages in the manufacturing and trade of steel products in addition to investments. It has 361 employees,[3] and is listed on the Kuala Lumpur Stock Exchange.[4] Presently Melewar Industrial Group Berhad has an installed capacity of more than 22,000 m/tons per month with the ability to manufacture pipes from 10 mm to 355 mm O.D. MIG's products are widely used in the construction, furniture, automotive, bicycle, and engineering industries.

Business activities

MIG has three core business divisions;[5]

List of companies

Iron and steel
Energy

both incorporated under the laws of Thailand. In April 2014, MIG sold its 51% stake to E Power Pte Ltd for USD 11 million.[7]

Engineering

References

  1. "Company Profile". Retrieved 26 June 2014.
  2. 1 2 "Annual Report". Retrieved 25 May 2016.
  3. Wright Investor Service. "Melewar Industrial Group Berhad - Company Profile Snapshot". Retrieved 10 February 2007.
  4. Kuala Lumpur Stock Exchange. "Main Board". Archived from the original on 2 February 2007. Retrieved 10 February 2007.
  5. Melewar Industrial Group Berhad. "Melewar Industrial Group Annual Report 2013" (PDF). Retrieved 26 June 2014.
  6. The Sun (Malaysia). "Melewar sold Melewar Steel Tube for RM70m". Retrieved 12 August 2015.
  7. The Star (Malaysia). "Melewar Industrial Group sells Thai power plant biz". Retrieved 7 March 2015.


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