- Business
- Hextar Global Berhad is a Malaysia-based investment holding company principally engaged in the manufacturing, trading, and distribution of agrochemicals and specialty chemicals; it operates through agriculture, specialty chemicals, and fruits segments with additional involvement in biogas energy systems, industrial automation, and consumer products. Founded in 1990 as Halex Holdings and renamed in 2019, the company, headquartered in Klang, Selangor, offers a comprehensive range of herbicides, insecticides, fungicides, rodenticides, miticides, and fertilizers; public health products; surfactants, emulsifiers, demulsifiers, oilfield chemicals, specialty cleaning chemicals, synthetic latex polymers for tapes, paints, coatings, and textiles; industrial lubricants; biogas generation projects for palm oil mill effluent treatment; automation and robotic solutions; and durian processing including frozen durian, paste, and pulp as Malaysia's largest exporter, with seven manufacturing plants across Peninsular Malaysia and Indonesia serving local and global markets in countries such as Indonesia, Pakistan, Sri Lanka, the Middle East, and Australia. Recent developments include diversification through acquisitions such as Chempro Group for specialty cleaning chemicals, TufBond Technologies for synthetic latex polymers, Reszon Diagnostics for healthcare rapid test kits, T & J Engineering for telecommunications infrastructure, Hextar Secadyme for expanded specialty chemicals, a 49% stake in Transgrid Ventures for power generation and transmission, and controlling stakes in biogas, fertilizer, and related entities; group companies underwent name changes including Opcom Holdings to Hextar Capital Berhad, Rubberex to Hextar Healthcare Berhad, and Complete Logistics Services to Hextar Technologies Solutions Berhad; Hextar Industries Berhad transferred from ACE to Main Market of Bursa Malaysia; and the company commenced an equity buyback plan in 2025 while reporting strong Q1 FY2024 profit growth benefiting from these integrations.