- Business
- Wong Engineering Corporation Berhad manufactures high precision stamped and turned metal parts, sheet metal fabrications, CNC machined components, complex welded frame structures, related modules and systems, and provides surface treatment, finishing, semi-modular and final electro-mechanical assembly services; it also engages in general building construction and infrastructure work, property development and related activities, trading of environmental and health products, and investment holding. The company, founded in 1982 and headquartered at Kulim Hi-Tech Park in Kulim, Kedah, Malaysia, serves industries including oil and gas, aerospace, telecommunications, test instruments, automotive, medical devices, electrical and electronics, semiconductors, and healthcare, with operations primarily in Malaysia and exports to Asia, Europe and other international markets. Its wholly owned subsidiary Wong Engineering Industries Sdn Bhd recently pursued the proposed acquisition of a 60-year leasehold property expiring in 2056; the company extended the duration of its Employees' Share Option Scheme under the Long-Term Incentive Plan, renewed shareholders' mandates for recurrent related party transactions and share buy-back authority ahead of its 2025 annual general meeting, and reported a net loss for the full year ended October 31, 2024 amid challenging market conditions.