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Former logo of UMW Holdings, used from 2000 to 2024. Sime UMW (UMW Corporation Sdn. Bhd.) formerly UMW Holdings Berhad; MYX: 4588 is a Malaysian industrial conglomerate. It is one of the largest companies and also one of the leading industrial enterprises, serving the economies of Malaysia and the Asia-Pacific region.
In 1982, the group holding company Jebsen & Jessen (SEA) Pte Ltd was set up; its three departments included engineering, manufacturing, and trade and industry. In 1986, MHE-Demag became a 50:50 joint venture between Jebsen & Jessen (SEA) and Demag. By its 25th anniversary in 1988, the group had over 30 subsidiaries and employed 1,000 people.
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 [3] and engages in the manufacturing and trade of steel products in addition to investments.
In 2010, Cheng acquired 33.5 million shares in Lion Industries Corp Bhd, one of the group's subsidiaries. [3] In 2018, Lion Industries entered into an agreement to acquire the assets of Megasteel Sdn Bhd in an attempt to pay off the latter's debts. Cheng is a shareholder in both companies. [4]
Destini Berhad is a Malaysian company that is involved in heavy industry, defence and oil and gas. [1] This company was formed in 1991 under the name of Satang Jaya Sdn Bhd. At the beginning, this company involved in the business as a supplier of aviation tools and spare parts from Original Equipment Manufacturers (OEM) to Malaysian government especially for Malaysian Armed Forces.
CMSB also acquired Archipelago Shipping (Sarawak) Sdn Bhd in 1996. Archipelago Shipping was later renamed as CMS Transportation Sdn Bhd. In November 2001, another company named Achi Jaya Services Sdn Bhd offered to acquire CMS Transportation Sdn Bhd for RM30 million. The transaction was completed in January 2003. [11]
Additionally, the group also began operating as a corporate angel investor, having set up its own investment arm, Wen Ken Investment Pte Ltd. This independent business unit looks into different areas of investment opportunities in health, food and beverage, manufacturing, marketing, distribution, wholesale, media and health-related services ...
IOI Corporation Berhad, commonly referred to as IOI, was incorporated on 31 October 1969 as Industrial Oxygen Incorporated Sdn Bhd. [1] IOI is one of Malaysia 's biggest conglomerates. It ventured into oil palm plantations in 1983, [ 2 ] followed by property development in 1984 [ 3 ] and refineries in 1997. [ 2 ]