Can-One Bhd.

Can-One Bhd.

MMYX:CANONE
1.51
MYR
0.00
(0.00%)
Can-One Bhd.
MYX:CANONE
(Bursa Malaysia)

Recent

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1.51

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Business
Can-One Berhad is a Malaysia-based investment holding company that manufactures, distributes, and trades diversified packaging solutions and provides contract manufacturing services. The company operates through four principal business segments: General Packaging, Contract Manufacturing, Trading, and Property Development and Investment. Its comprehensive packaging portfolio includes general metal packaging, consisting of lithographed tin cans, two-piece aluminium beverage cans, aerosol containers, and food and edible oil cans; plastic packaging, consisting of high-density polyethylene (HDPE) jerry cans, polyethylene terephthalate (PET) and polypropylene (PP) bottles, jars, caps, and closures; and paper packaging, consisting of corrugated fibreboard cartons, corrugated sheets, die-cut boxes, and bag-in-box liquid packaging systems. Under its contract manufacturing division, the company provides original equipment manufacturing (OEM) formulation, processing, and packaging services for carbonated and non-carbonated beverages, dairy-based products, edible oils, and sauces. Its trading division supplies industrial packaging raw materials, including aluminium coils, aluminium ends, tinplate, and paper rolls. Can-One serves a diverse international client base spanning the food and beverage, fast-moving consumer goods (FMCG), industrial chemical, paint, automotive lubricant, pharmaceutical, and electronics sectors. The group executes its core operations through key subsidiaries including Kian Joo Can Factory Berhad, Box-Pak (Malaysia) Bhd, Aik Joo Can Factory Sdn Bhd, and Canzo Sdn Bhd, maintaining manufacturing plants and distribution networks across Malaysia, Vietnam, Myanmar, Singapore, Indonesia, and the United States. Can-One Berhad was incorporated in 2004, listed on the Main Market of Bursa Malaysia in 2005, and is headquartered in Petaling Jaya, Selangor, Malaysia. In recent strategic and operational developments, the company has completed the structural integration of its packaging assets following the privatization of Kian Joo Can Factory Berhad, optimizing production synergies across metal can and carton lines. The group has advanced regional capacity expansions in Southeast Asia, notably scaling corrugated carton operations through Box-Pak facilities in Vietnam and Myanmar to support multinational FMCG customers. Furthermore, Can-One has introduced high-speed automated production technologies in its aluminium beverage can and rigid plastic divisions, deployed industrial rooftop solar photovoltaic systems across key manufacturing facilities to lower energy costs, and maintained strategic hedging and inventory management programs to mitigate global tinplate and aluminium price fluctuations while sustaining regular dividend distributions.