- Business
- Karyon Industries Berhad (KARYON: 0054.KL), an investment holding company, manufactures and trades polymeric products including polyvinyl chloride (PVC) compounds, plastic additives, industrial chemicals, and related products through its subsidiaries. The company operates primarily in the chemicals sector, with its manufacturing and trading segment encompassing PVC compounds under Hsing Lung Sdn Bhd, plastic additives and industrial chemicals via Allbright Industries (M) Sdn Bhd, and general trading in hardware and building materials through Promaz Plastic Sdn Bhd; two subsidiaries, Karyon Ventures Sdn Bhd and Karyon (Malaysia) Sdn Bhd, undergo members' voluntary winding up.[corporate structure page] Karyon serves diverse industries with products utilized worldwide, deriving majority revenue from Malaysia while exporting to Asia (Singapore, Brunei, Indonesia, Thailand, Vietnam, China, India), South America, Australia, and Turkey.
Founded in 1990 and headquartered at No. 1, Jalan Sri Plentong 6, Taman Perindustrian Sri Plentong, 81750 Masai, Johor, Malaysia, the group listed on Bursa Malaysia's Main Market (previously MESDAQ/ACE) in 2004, with transfer to Main Market effective May 2014. Under founder Dr. Chua Kee Lam, Karyon has evolved from PVC trading into regional polymer and oleochemical manufacturing, emphasizing research, development, production efficiency, and quality control.
Recent developments include significant share acquisitions by an executive director, with 691,800 shares purchased on July 14, 2025, and 590,500 on July 15, 2025, alongside announcements of intention to deal in securities during closed periods as of July 30, 2025. The company reported quarterly results for period ending September 30, 2024, announced November 27, 2024, maintaining positive trailing four-quarter performance with net profit margin of 3.71%, ROE of 5.40%, and dividend yield of 2.24%.[klse overview] Karyon sustains steady operations in industrial products and services, focusing on chemicals subsector without major disclosed acquisitions, partnerships, or strategic shifts in the past 1-2 years.