L&P Global Berhad

L&P Global Berhad

MMYX:L&PBHD
0.23
MYR
-0.01
(-4.26%)
Nov 26Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Lay Pheng Ooi
Full Time Employees
328
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Sungai Bakap Malaysia
IPO Date
Jan 3, 2023
Business
L&P Global Berhad is an investment holding company that operates as an integrated industrial packaging solutions provider. Founded in 1984 and headquartered in Nibong Tebal, Penang, Malaysia, the company specializes in the design, manufacturing, and supply of customized industrial packaging products and provision of total packing services for multinational and domestic corporations across the renewable energy, electronics and electrical (E&E), semiconductor, automotive, logistics, and medical device sectors. The company operates through its manufacturing and service divisions, providing end-to-end industrial packaging solutions. Its core product portfolio encompasses wooden packaging products, including customized heavy-duty wooden crates, precision-engineered wooden boxes, two-way and four-way wooden pallets, and specialized timber cases; alternative and composite packaging solutions, including engineered plywood containers, corrugated paper boxes, honeycomb boards, plastic pallets, and slip sheets; and auxiliary packaging consumables, including stretch film, strapping bands, edge protectors, desiccants, and protective cushioning foam. In addition to physical products, L&P Global Berhad provides comprehensive value-added packaging services, comprising computer-aided packaging design and prototyping; on-site packing and equipment crating services; circular supply chain solutions, including pallet recycling, repair, and reconditioning; warehouse inventory staging; and the trading of raw timber and packaging materials. Geographically, L&P Global Berhad operates manufacturing facilities, assembly centers, and storage yards across Malaysia, with key operating bases in Penang, Kedah, and Johor, alongside international operations in Vietnam through its operating subsidiaries, principally Berjayapak Sdn. Bhd. and Berjayapak Vietnam Company Limited, serving clients across Malaysia, Singapore, Vietnam, and the broader Asia-Pacific region. In recent developments, L&P Global Berhad completed its initial public offering and listed on the ACE Market of Bursa Malaysia Securities Berhad in January 2023. Following the public listing, the company has driven significant operational and geographic expansions, including setting up and expanding assembly operations in Kulim, Kedah, and establishing a presence in Johor to support burgeoning demand from multinational solar and semiconductor manufacturers. The company has also expanded its manufacturing and assembly footprint in Vietnam to capture global supply chain relocations across Southeast Asia. Additionally, the group has invested in automated wood-processing machinery to enhance production efficiency, scaled its circular pallet reconditioning programs to meet corporate sustainability and environmental standards, and upgraded its logistics and warehousing capabilities to support just-in-time delivery for tier-one multinational clients.