Master Tec Group Bhd
MMYX:MTEC0.98
MYR
0.00
(0.00%)
ISIN
MYQ0295OO004
Return %
Stock
S&P 500
1Y
-13.72
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Kok Hwa Tee
- Full Time Employees
- 431
- Sector
- Miscellaneous
- Industry
- Miscellaneous
- Address
- Alor Gajah Malaysia
- IPO Date
- Jan 29, 2024
- Website
- mastertec.my
- Similar Companies
- Business
- Master Tec Group Berhad is a Malaysia-based investment holding company that specializes in the design, manufacture, distribution, and installation of power, control, and instrumentation cables, as well as the provision of electrical infrastructure utility services. Founded in 2005 and headquartered in Alor Gajah, Melaka, Malaysia, the company markets its core products under the MASTERTEC brand and operates primarily through its operating subsidiaries, Master Tec Wire & Cable Sdn Bhd and Sediacom Sdn. Bhd. The company manufactures, distributes, and provides a comprehensive portfolio of wire and cable products and related infrastructure services, which includes: low-voltage power cables, comprising copper-core and aluminium-core cables for industrial, commercial, and residential electricity distribution; medium-voltage power cables engineered for utility grid transmission and high-voltage industrial applications; control and instrumentation cables utilized for signal transmission, monitoring, and automated process control; specialty and safety cables, including fire-resistant, flame-retardant, and low-smoke zero-halogen cables; solar direct current cables designed for photovoltaic renewable energy installations; trading of auxiliary electrical products, including fiber optic cables and medium-voltage cable accessories; and infrastructure engineering services, including underground cable laying, horizontal directional drilling, overhead line installation, and civil works for power utility networks. Master Tec Group serves a wide spectrum of end markets, including national power utility providers, renewable energy developers, data center builders, commercial and residential construction contractors, public transportation infrastructure projects, telecommunications operators, and the oil and gas industry. The company operates manufacturing facilities in Melaka and serves both the domestic Malaysian market and export destinations across Southeast Asia, including Brunei, Singapore, Thailand, Myanmar, and Vietnam. In recent developments, Master Tec Group completed its initial public offering on the ACE Market of Bursa Malaysia in January 2024. In October 2024, the group finalized the strategic acquisition of a 51% equity interest in Sediacom Sdn. Bhd., expanding its operational capabilities downstream into underground cable laying, horizontal directional drilling, and overhead utility infrastructure works. Additionally, the company commissioned dedicated manufacturing facilities to expand into medium-voltage power cable production, enhancing its capacity to serve major power grid upgrades, renewable energy connections, and power-intensive data center projects.