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Melewar Industrial Group

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Melewar Industrial Group Berhad
FormerlyMaruichi Malaysia Steel Tube Berhad
Company typePublic limited company
MYX: 3778
ISINMYL3778OO007
IndustrySteel, Energy & Engineering
Founded1972; 52 years ago (1972)
Headquarters15th Floor, No 566 Jalan Ipoh, ,
Malaysia
Key people
Tunku Ya’acob Tunku Abdullah, Executive Chairman
RevenueIncrease MYR 752.2 million[1][2] (2022)
Increase MYR 60.9 million (2022)
Decrease MYR 35.0 million (2022)
Total assetsIncrease MYR 889.0 million[2] (2022)
Number of employees
461[1] (2018)
Subsidiaries
  • Mycron Steel Berhad
  • Ausgard Quick Assembly Systems Sdn. Bhd.
  • Melewar Imperial Limited
  • 3Bumi Sdn. Bhd.
  • Melewar Steel Mills Sdn. Bhd.
  • Melewar Steel Services Sdn. Bhd.
  • Melewar Steel Assets Sdn. Bhd.
Websitewww.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 461 employees and is listed on the Kuala Lumpur Stock Exchange.[1][3] 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;[4]

List of companies

Melewar Industrial Group Berhad group structure is shown below.[1]

Iron and steel
  • Mycron Steel Berhad (MYX: 5087) [1]-Investment Holding Main Market Listed
    • Mycron Steel CRC Sdn. Bhd. – Manufacturer of Cold Rolled Coil (“CRC”) Steel Sheets
      • Silver Victory Sdn. Bhd. - Trading of Steel Related Products
    • Melewar Steel Tube Sdn. Bhd. – Manufacturer of Steel Tubes[5]
  • Melewar Steel Mills Sdn. Bhd. – Manufacturer/Trader of Steel Rebar, Billets and Scrap
  • Melewar Imperial Limited -Investment Holding
    • Jack Nathan Limited - Trading of Building Tools and Materials
    • Melewar Steel UK Limited - Distribution of Steel Tube in the United Kingdom
  • Ausgard Quick Assembly Systems Sdn. Bhd. - Steel Based Quick Assembly Homes Manufacturing
    • Melbina Builders Limited - Steel Based Quick Assembly Homes Marketing
Others
  • Melewar Ecology Sdn. Bhd. - Dormant
  • Melewar Steel Services Sdn. Bhd. -Property Investment
  • Melewar Steel Assets Sdn. Bhd. - Investment Holding
  • Melewar Steel Engineering Sdn. Bhd. - Investment Holding - Power
    • Mperial Power Limited - Investment Holding - Power
      • Siam Power Phase 2 Co., Ltd. - Power Generation
Engineering
  • Melewar Integrated Engineering Sdn. Bhd. - Engineering
    • Melewar MycroSmelt Technology Limited - Smelting / Billet Making Technology Owner

References

  1. ^ a b c d "Annual Report" (PDF). Retrieved 30 November 2018.
  2. ^ a b "Annual Report" (PDF). Retrieved 4 September 2023.
  3. ^ Kuala Lumpur Stock Exchange. "Main Board". Archived from the original on 2 February 2007. Retrieved 10 February 2007.
  4. ^ Melewar Industrial Group Berhad. "Melewar Industrial Group Annual Report 2013" (PDF). Retrieved 26 June 2014.
  5. ^ The Sun (Malaysia). "Melewar sold Melewar Steel Tube for RM70m". Retrieved 12 August 2015.