BWYS Group Bhd

BWYS Group Bhd

MMYX:BWYS
0.14
MYR
+0.00
(-3.45%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Beng Hai Kang
Full Time Employees
425
Sector
Producer manufacturing
Industry
Building products
Address
Sungai Jawi Malaysia
IPO Date
Jul 22, 2024
Business
BWYS Group Berhad is a Malaysia-based investment holding company that specializes in the manufacturing of sheet metal products, the fabrication and supply of scaffolding systems, the trading of steel materials and industrial hardware, and the provision of scaffolding rental services. Founded in 1999 and headquartered in Bukit Mertajam, Penang, the company operates through key operating subsidiaries including BW Yee Seng Steel Industries Sdn. Bhd., BW Scaffold Sdn. Bhd., and BW Yee Seng Hardware Sdn. Bhd. The company organizes its principal activities into four core business segments: Sheet Metal Products, Scaffolding, Steel Materials and Hardware Trading, and Scaffolding Rental. Within its Sheet Metal Products segment, the company manufactures and distributes building components comprising roll-formed metal roofing sheets and wall cladding systems; structural steel roof trusses, C-purlins, and Z-purlins; insulated polyurethane and polyisocyanurate foam sandwich panels; steel door and window frames; and multi-purpose industrial metal profiles. In its Scaffolding segment, the company produces and supplies certified equipment including ringlock modular scaffolding systems; frame scaffolding systems; tubular scaffolding frameworks; adjustable steel props; base plates and U-head jacks; steel stairways and catwalk planks; couplers; and connection accessories. Through its Steel Materials and Hardware Trading division, the company distributes hot-rolled steel coils; cold-rolled steel coils; galvanized steel coils; prepainted galvanized iron coils; structural steel hollow sections; steel pipes; reinforcing bars; and building hardware supplies. In its Scaffolding Rental segment, the company offers short- and long-term scaffolding equipment leasing alongside technical advisory and logistics support for construction, renovation, and industrial maintenance projects. BWYS Group Berhad serves building contractors, engineering fabricators, project developers, industrial plant operators, and hardware retailers across residential, commercial, industrial, and civil infrastructure markets. The company maintains an extensive operational network comprising manufacturing facilities, fabrication yards, and distribution warehouses across Malaysia, including operations in Penang, Selangor, Johor, Kelantan, Sabah, and Sarawak. In addition to its domestic market, the company exports manufactured products to international markets such as Singapore, Indonesia, Australia, Brunei, the Philippines, Bangladesh, the United Arab Emirates, and the United States. In recent strategic developments, BWYS Group Berhad completed its initial public offering on the ACE Market of Bursa Malaysia Securities Berhad in July 2024, raising gross proceeds of approximately RM56.4 million to accelerate capacity expansion and technological upgrades. The company initiated the construction of a new 200,000-square-foot centralized manufacturing facility and operational headquarters in Bukit Minyak, Penang, to consolidate its existing operations and substantially increase manufacturing capacity for sheet metal and scaffolding product lines. Operationally, the company has invested in automated continuous polyurethane sandwich panel production lines, advanced roll-forming machinery, and robotic welding equipment to enhance production efficiency, alongside implementing a modernized enterprise resource planning system to strengthen supply chain integration and real-time inventory management across its domestic and export channels.