MYMBN Bhd
MMYX:MBN0.16
MYR
+0.00
(-3.03%)
ISIN
MYQ0280OO006
Return %
Stock
S&P 500
1Y
45.45
14.20
3Y
-15.79
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Vun Wo Chen
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Melaka Malaysia
- IPO Date
- Jul 25, 2023
- Website
- mymbn.com.my
- Similar Companies
- Business
- MYMBN Bhd is a Malaysia-based investment holding company primarily engaged in the processing, trading, and distribution of edible bird's nest (EBN) products. Founded in 2019 and headquartered in Melaka, Malaysia, the company operates across the agricultural processing, food production, and cross-border wellness trade sectors. MYMBN Bhd offers a systematic range of swiftlet nest products and related services, including raw unclean edible bird's nest (RUBN) sorted by grade, origin, and color; raw cleaned edible bird's nest (RCBN) produced through manual cleaning, sterilization, shaping, and dehydration; ready-to-drink edible bird's nest beverages formulated for consumer retail; halal-certified edible bird's nest food and health supplements; swiftlet house raw material sourcing and quality inspection services; and customized sorting, packaging, and export compliance grading for international business-to-business clients. The company operates through wholly-owned subsidiaries, including Ming Yan Bird Nest Sdn. Bhd., serving raw material collectors, food and beverage manufacturers, wellness retailers, traditional medicine distributors, and international import wholesalers. MYMBN Bhd sources raw nests from an extensive network of registered swiftlet houses across Peninsular Malaysia, Sabah, and Sarawak, utilizing testing and traceability protocols that meet international veterinary and food safety standards, including Good Manufacturing Practice (GMP), Hazard Analysis Critical Control Point (HACCP), and General Administration of Customs of the People's Republic of China (GACC) import compliance. While operating primarily within Malaysia, the company exports its products extensively to Greater China, Hong Kong, and Vietnam. In recent corporate developments, MYMBN Bhd completed its initial public offering (IPO) and listed its shares on the ACE Market of Bursa Malaysia Securities Berhad, utilizing proceeds to expand production capacity and scale regional operations. The company has executed a strategic shift toward downstream high-margin product offerings by establishing dedicated processing lines for raw cleaned edible bird's nest (RCBN) at its Melaka facility and commercializing newly developed halal-compliant ready-to-consume bird's nest consumer product lines. Furthermore, MYMBN Bhd has expanded its regional supply and distribution footprints by securing sourcing partnerships across East Malaysia, entering supply and trading collaborations in Vietnam, and strengthening direct-to-market export channels with Chinese health and wellness conglomerates.