Melewar Industrial Group Berhad

Melewar Industrial Group Berhad (MIG)

Industry	Iron and Steel, Energy & Engineering
Predecessor	Maruichi Malaysia Steel Tube Sdn Bhd (1972-2003)[1]
Founded	1972
Headquarters	Shah Alam, Selangor, Malaysia
Key people	Tunku Dato’ Ya’acob bin Tunku Tan Sri Abdullah (Executive Chairman)
Revenue	MYR 664.5 million (2014)[2]
Operating income	MYR 808,365 (2014)[2]
Net income	MYR 13 million (2014)[2]
Total assets	MYR 690.2 million (2014)[2]
Number of employees	200(Melewar Industrial Group) 170(Mycron Steel Berhad)
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]

• Iron and steel
• Energy
• Engineering

List of companies

Iron and steel

• Mycron Steel Berhad (MYX: 5087) -Investment Holding Main Market Listed
  • Mycron Steel CRC Sdn. Bhd.– Manufacturer of Cold Rolled Coil (“CRC”) Steel Sheets
  • Melewar Steel Tube Sdn Bhd – Manufacturer of Steel Tubes^[6]
• Melewar Steel Mills Sdn Bhd – Manufacturer/Trader of Steel Rebar, Billets and Scrap
• Melewar Industrial Technologies Ltd -Investment Holding
  • Ausgard Quick Assembly Systems Sdn Bhd - Steel Based Quick Assembly Homes Manufacturing
  • Melbina Builders Ltd - Steel Based Quick Assembly Homes Marketing

Energy

• Melewar Steel Engineering Sdn Bhd-Investment Holding - Power
  • Mperial Power Ltd - Investment Holding - Power
    • Siam Power Generation Public Company Limited - Power Generation
    • Siam Power Phase 2 Company Limited - Power Generation
    • Siam Power Phase 3 Company Limited (Dormant)

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]

• • M-Power TT Ltd - Power Project Management

Engineering

• Melewar Integrated Engineering Sdn Bhd - Engineering
  • Melewar MycroSmelt Technology Ltd - Smelting / Billet Making Technology Owner
• Melewar Ecology Sdn Bhd (Formerly known as Melewar Metro Sdn Bhd) - Monorail System Provider

References

1. "Company Profile". Retrieved 26 June 2014.
2. "Annual Report" (PDF). Retrieved 7 March 2015.
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.