Manforce Group Bhd.
MMYX:MFGROUP0.28
MYR
+0.00
(-1.79%)
ISIN
MYQ0450OO005
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
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81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Wong Boon Ming
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Petaling Jaya Malaysia
- IPO Date
- May 6, 2026
- Website
- manforce.net
- Similar Companies
- Business
- Manforce Group Berhad is a Malaysia-based workforce solutions provider primarily engaged in the provision of foreign worker management services and human resource solutions. The company offers a comprehensive portfolio of human capital and facility services, which includes: foreign worker management services, encompassing recruitment sourcing, consular documentation, immigration visa and work permit processing, biometric and medical screening facilitation, welfare administration, and repatriation; manual labour outsourcing, supplying general and specialized contractual workers to the manufacturing, construction, plantation, logistics, and service sectors; Centralised Labour Quarters (CLQ) management, providing statutory-compliant accommodation, hostel operations, security, and amenities management in accordance with the Workers' Minimum Standards of Housing and Amenities Act; commercial and industrial cleaning services, comprising housekeeping, corporate office sanitization, and facilities upkeep; and vocational education and talent development programs, delivering technical upskilling and pre-employment training modules. The company primarily serves multinational corporations, small and medium enterprises, and industrial clients across Peninsular Malaysia. In recent developments, Manforce Group Berhad has accelerated its strategic shift toward local workforce development through the expansion of its Malaysians Uplifting Skills and Training (MUST) program, partnering with vocational training institutions and industry stakeholders to upskill local youth and reduce national dependency on foreign labour. Furthermore, the company has expanded its managed CLQ footprint to meet heightened environmental, social, and governance (ESG) standards and strict regulatory compliance guidelines for ethical worker accommodation, integrated digital tracking and data management platforms across its recruitment lifecycle, and advanced strategic corporate restructuring initiatives aimed at facilitating a transfer of its listing from the LEAP Market to the ACE Market of Bursa Malaysia. Founded in 2004, Manforce Group Berhad is headquartered in Petaling Jaya, Selangor, Malaysia.