- Business
- JHM Consolidation Berhad, an investment holding company founded in 2005 and headquartered in Medan Kampung Relau, Penang, Malaysia, provides electronics and mechanical manufacturing services with customized solutions for the automotive, industrial, aerospace, and medical devices sectors. The company operates through two main segments, electronics and mechanical products, with factories in Sungai Petani and Kulim; its mechanical business unit offers high precision, high speed tooling design, fabrication, and production for micro electronic components and fiber optic products, production of LEDs applications for 3D effects and signature lighting effect substrates, manufacturing of sheet metal enclosures and value-added electro-mechanical assemblies for electronics (semiconductors and telecommunications), medical devices, and instrumentation industries, as well as precision manufacturing solutions with innovative equipment, services, and niche products for aerospace. The electrical and electronic business unit specializes in the design, surface mount technology (SMT) production, and assembly of automotive rear, interior, and front headlamp lighting including shifter control and turn signal indicators, alongside SMT production and assembly for industrial and horticultural products; it serves markets in Malaysia, the United States, Europe, Oceania, and the Asia Pacific through subsidiaries such as Morrissey Assembly Solution Sdn. Bhd., Morrissey Integrated Dynamics Sdn. Bhd., and JHM Dekai Auto Lighting Sdn. Bhd. Recent developments include the acquisition in September 2024 of leasehold land with two factories in Sungai Petani, Kedah, for RM20.9 million from Megaready Industries Sdn. Bhd. to support manufacturing expansion, a November 2024 sale and purchase of assets cum joint venture shareholders' agreement involving MD (Xiamen) Mechanical Solutions Company, MD Mechanical Solutions (PG) Sdn. Bhd., and Morrissey Integrated Dynamics Sdn. Bhd., contracts secured from Magna Autosystems Inc. by Morrissey Assembly Solution Sdn. Bhd. and from Perusahaan Otomobil Nasional Sdn. Bhd. by JHM Dekai Auto Lighting Sdn. Bhd., as well as new contracts with two clients anticipated to drive up to 25% revenue growth starting in the second half of 2025.