MClean Technologies Bhd.

MClean Technologies Bhd.

MMYX:MCLEAN
0.61
MYR
+0.02
(+2.54%)
Dec 01Next 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

Full Time Employees
336
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Singapore Singapore
IPO Date
Apr 21, 2011
Business
MClean Technologies Berhad is an investment holding company that provides precision cleaning, surface treatment, and precision plastic injection moulding solutions to high-technology industries, primarily serving the hard disk drive, semiconductor, consumer electronics, oil and gas, and automotive sectors. The company operates through three principal business divisions: Precision Cleaning, Surface Treatment, and Plastic Injection Moulding. Its precision cleaning and contamination control offerings include ultrasonic aqueous cleaning, degreasing, and component preparation in certified cleanroom environments; clean packaging, sub-assembly, rework, and kitting services; cleanroom laundry services; and the design, engineering, and supply of customized industrial cleaning equipment and washing systems. Its surface treatment and metal finishing division provides chemical plating, electroplating, anodizing, passivation, and surface texturing for hard disk drive components, electronic connectors, and petrochemical equipment. Through its plastic engineering division, the company manufactures high-precision plastic components, injection moulds, tooling fixtures, and customized engineering plastic assemblies. MClean Technologies operates production and service facilities across Singapore, Malaysia, Thailand, and China through key operating subsidiaries, including MClean Technologies Pte. Ltd., DWZ Industries Sdn. Bhd., MClean Technologies (Thailand) Co., Ltd., and MClean Plastic Engineering Sdn. Bhd. Founded in 2010, the company is incorporated in Malaysia, listed on the ACE Market of Bursa Malaysia under the ticker MCLEAN, and maintains its operational headquarters in Singapore. In recent strategic developments, Singapore-based Accrelist Ltd. acquired a substantial equity stake in MClean Technologies in 2024, becoming a major shareholder. In late 2024, MClean expanded and diversified its manufacturing footprint by acquiring the plastic injection moulding business and assets of We Total Engineering Sdn. Bhd. for RM6.04 million, financed in part through private equity placements and capital reorganization exercises to enhance working capital and scale production capacity across its Southeast Asian facilities.