- CEO
- Wai Yee Yap
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- Subang Jaya Malaysia
- IPO Date
- Aug 28, 1997
- Business
- CME Group Bhd. is an investment holding and emergency vehicle engineering company that manufactures, assembles, trades, and services specialized firefighting, rescue, and safety vehicles and equipment, as well as engages in property development and investment activities. Founded in 1979 and headquartered in Subang Jaya, Selangor, Malaysia, the company operates primarily through key operating subsidiaries, including CME Industries Sdn. Bhd., CME Edaran Sdn. Bhd., CME Properties Sdn. Bhd., CME Pyroshield Sdn. Bhd., and CME Technologies Sdn. Bhd. CME Group Bhd. serves municipal fire and rescue departments, civil aviation and airport authorities, defense agencies, port operators, oil and gas complexes, petrochemical plants, commercial enterprises, and real estate markets across Malaysia and select international markets, including Australia.
The company organizes its business operations into three principal segments: Manufacturing and Assembling, Trading and Services, and Property Investment and Development. Its core product and service portfolio comprises the design, custom fabrication, assembly, and distribution of specialized vehicles, including airport crash tenders, municipal fire pumpers, water and foam tenders, aerial ladder platforms, hydraulic turntable ladders, rapid intervention vehicles, hazardous material (HAZMAT) emergency response units, and specialized rescue utility vehicles; the supply of fire protection, safety, and rescue equipment, including portable and fixed fire extinguishers, fire hose reels, deluge systems, fire monitors, self-contained breathing apparatus, thermal imaging equipment, hydraulic extrication tools, personal protective equipment (PPE), and specialized safety spare parts; after-sales engineering services, including emergency vehicle maintenance, system overhaul, refurbishments, technical inspections, equipment calibration, testing, commissioning, and operational training; and property development and asset management, including residential housing projects, commercial real estate developments, and land property investments in Malaysia and Australia.
In recent developments, CME Group Bhd. has implemented operational reorganizations to streamline its core emergency vehicle manufacturing and technical service operations to improve project execution efficiency on major public sector and municipal firefighting contracts. The company has completed capital raising initiatives, including private share placements, to bolster working capital, support ongoing vehicle assembly and supply contracts for municipal fire and rescue services, and optimize its capital structure. Strategically, CME Group Bhd. has focused on expanding its higher-margin aftermarket maintenance, refurbishment, and spare parts support services for government and industrial fleets, while selectively managing and rationalizing its real estate portfolio in Malaysia and Australia to concentrate resources on its core specialized engineering and fire safety operations.