- CEO
- Lu Thian Hii
- Full Time Employees
- 458
- Sector
- Producer manufacturing
- Industry
- Building products
- Address
- Shah Alam Malaysia
- IPO Date
- Aug 25, 1997
- Business
- ASTEEL Group Berhad is an investment holding company primarily engaged in the manufacturing, processing, roll-forming, and distribution of coated steel products and metal building materials. Founded in 1977 and headquartered in Kuching, Sarawak, Malaysia, the company operates across East Malaysia (Sarawak and Sabah), Peninsular Malaysia, and regional export markets in Southeast Asia. ASTEEL Group operates through three principal business segments: Manufacturing and Roll-Forming, Trading and Distribution, and Investment Holding. The company's product portfolio includes coated steel coils, comprising continuous galvanised steel coils, prepainted galvanised iron (PPGI) coils, prepainted zinc-aluminium alloy coated coils (PPGL), and 55% aluminium-zinc coated steel coils; roll-formed building solutions, consisting of metal roofing sheets, step-tile roofing profiles, architectural wall cladding, and insulated polyurethane (PU) sandwich panels; structural framing components, including high-tensile galvanised C-purlins, Z-purlins, lightweight steel roof trusses, ceiling battens, structural steel floor deckings, and cold-formed sections; modular and Industrialised Building System (IBS) components, featuring prefabricated steel framing packages and modular structural assemblies for residential, commercial, and agricultural developments; and rainwater and architectural accessories, including gutter systems, downpipes, flashings, louvres, and solar mounting brackets. Additionally, the company trades steel merchant products, such as mild steel plates, structural hollow sections, steel pipes, wire mesh, and general construction hardware. In recent operational and strategic developments, the company executed a corporate name change from YKGI Holdings Berhad to ASTEEL Group Berhad to align all operating subsidiaries under a unified corporate brand. Furthermore, ASTEEL Group has expanded its roll-forming capacity and distribution network across Borneo to capture demand from major regional infrastructure developments and cross-border projects in East Kalimantan, scaled up its IBS modular housing solutions to support public and private affordable housing initiatives, and enhanced its product line with eco-friendly, energy-efficient cool metal roofing technologies and solar-integrated roofing profiles designed to support green building requirements.