Milux Corp. Bhd.
MMYX:MILUX0.64
MYR
0.00
(0.00%)
Milux Corp. Bhd.
MYX:MILUX
(Bursa Malaysia)
Recent
price
0.64
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Milux Corporation Berhad is a Malaysia-based investment holding company that manufactures, distributes, and trades in domestic gas, kitchen, and electrical household appliances, as well as engages in property development. Founded in 1977 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates primarily through its Home Appliances and Property segments, marketing its core product portfolios primarily under the proprietary MILUX brand. Its core product lines comprise gas appliances, including built-in glass hobs, tabletop gas cookers, freestanding ovens, commercial gas burners, portable butane stoves, gas water heaters, and low- and high-pressure liquefied petroleum gas regulators; small and major domestic kitchen appliances, including air fryers, electric pressure cookers, multi-cookers, induction and ceramic hobs, slow cookers, microwave ovens, electric toaster ovens, blenders, food processors, electric kettles, thermo pots, and gas rice cookers; home comfort and cooling appliances, including ceiling fans, stand fans, wall-mounted fans, table fans, exhaust fans, and evaporative air coolers; personal care and sanitary appliances, including electric shower water heaters and water filtration units; and kitchenware accessories, including non-stick cookware, stainless steel kitchen utensils, and appliance replacement components. In addition, the company undertakes residential and commercial property development, project management, and property investment activities through dedicated real estate subsidiaries. The company distributes its products through a multi-channel network spanning consumer retail dealer networks, hypermarkets, departmental stores, electrical specialty chain stores, authorized service centers, and direct-to-consumer digital commerce platforms across Malaysia, while exporting select appliance categories to regional overseas markets across Southeast Asia, South Asia, and the Middle East. Its operational subsidiaries include Milux Sales & Service Sdn. Bhd., Milux Properties Sdn. Bhd., T.H. Hin Sdn. Bhd., and Brightline Products Sdn. Bhd. In recent developments, Milux Corporation Berhad has strategically expanded its operational scope by reinforcing its diversification into property development and construction ventures to create complementary revenue streams alongside its legacy home appliances business. Within its core appliance division, the company has restructured its supply chain and consolidated warehousing operations to optimize logistics efficiencies and improve inventory turnover. To address evolving consumer preferences, Milux has accelerated product innovation with the launch of energy-efficient inverter kitchen appliances, smart digital multi-cookers, and safety-enhanced gas hobs featuring flame failure protection devices. Furthermore, the company has scaled up its digital transformation initiatives by expanding strategic partnerships with major regional e-commerce marketplaces and upgrading its direct online fulfillment capabilities, while rationalizing its non-core asset base through targeted property disposals to enhance working capital and strengthen balance sheet liquidity.