Eonmetall Group Bhd.
MMYX:EMETALL0.45
MYR
0.00
(0.00%)
Eonmetall Group Bhd.
MYX:EMETALL
(Bursa Malaysia)
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0.45
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ROIC.AI
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- Business
- Eonmetall Group Berhad is a Malaysia-based investment holding company primarily engaged in the design, manufacture, and distribution of industrial storage systems, cold roll-forming machinery, metalwork equipment, and steel products, as well as the engineering and operation of palm oil extraction technologies. Founded in 1990 and incorporated in 2003, the company is headquartered in Sungai Bakap, Penang, Malaysia. Eonmetall operates through several principal business segments: Machinery and Equipment, Steel Storage Systems and Metal Products, and Palm Oil and Agro-Industrial Technology. The company's core product and service portfolio includes advanced industrial storage solutions comprising automated storage and retrieval systems (ASRS), selective pallet racking, drive-in racking, cantilever racks, multi-tier racking systems, mezzanine platforms, boltless shelving, and integrated warehouse management systems (WMS); industrial machinery and automated manufacturing equipment comprising cold roll-forming machines, slitting lines, cut-to-length lines, steel tube making machines, expanded metal machines, and coil processing lines; flat steel and formed metal products comprising cold-rolled steel coils, slotted channels, metal framework components, steel bands, cable support systems, and expanded metal mesh; and agro-industrial engineering solutions comprising solvent extraction plants, palm fiber oil extraction (PFOE) plants, and specialized processing equipment for the recovery of crude palm oil and red palm oil from mesocarp fibers. Eonmetall serves a diverse range of industries including logistics, e-commerce, warehousing, manufacturing, automotive, building and construction, agriculture, and palm oil processing. The group maintains production facilities and operational assets in Malaysia and distributes its products across domestic and international markets throughout the Asia-Pacific region, ASEAN member states, the Middle East, Europe, Africa, and North America. In recent developments, Eonmetall has advanced its strategic focus on automated warehouse intralogistics and smart storage solutions, expanding its engineering capabilities in automated storage and retrieval systems to capitalize on surging demand from regional logistics and supply chain operators. The company has also pursued asset rationalization initiatives, including the disposal of non-core industrial land parcels in Penang to strengthen its balance sheet, optimize capital allocation, and fund working capital requirements. Concurrently, Eonmetall continues to upgrade its manufacturing facilities with advanced automation and robotic fabrication technologies to enhance operational efficiencies and support ongoing contracts in palm fiber oil extraction plant engineering.