- CEO
- Chiun Cheong Lim
- Full Time Employees
- 2,669
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- Jalan 51A/241 Petaling Jaya SE Malaysia 46100
- IPO Date
- Nov 2, 1984
- Business
- Muda Holdings Berhad is a Malaysia-based investment holding company principally engaged in the paper milling and paper packaging industry. The company operates through its subsidiaries in four main segments: manufacturing, trading, investment holding, and management services. The manufacturing segment produces various types of industrial paper, including corrugated medium, test liner, laminated chip board, core board, grey chip board, machine glazed paper, honeycomb paper products, and yellow wrapping paper. Additionally, it manufactures corrugated cartons, paper bags, paper stationery, paper boards, board sheets, and paper-based food packaging products such as hawker paper and deli wrapping paper. The trading segment involves trading of paper, recovered paper, waste paper, recycled materials, stationery products, and school-related items. Muda Holdings also offers ancillary services like commission agency, management consultancy, general insurance agency, engineering and fabrication services, imports and distribution of stationery, and operates school bookshops and online bookstores. The company serves diverse industries including retail, furniture, food and beverage, and electrical and electronics sectors, with geographic operations spanning Malaysia, Singapore, the People’s Republic of China, and Australia. Founded in 1964 and headquartered in Petaling Jaya, Malaysia, Muda has established itself as a leading integrated paper manufacturer in the region.
Recent major developments include a planned major machinery upgrade at its Kajang manufacturing facilities, executed in two phases from 2022, aimed at enhancing production efficiency and capacity. This upgrade caused temporary financial impacts, including significant machinery write-offs and operational costs, but positions the company for longer-term performance improvements. Despite challenges from supply chain disruptions, raw material shortages, inflationary pressures, and higher production costs driven by increased energy tariffs and wage policies, Muda Holdings remains focused on cost management, automation, and efficiency improvements to sustain profitability. The company reported a quarterly loss attributable to these factors for the second quarter of 2025 but continues to emphasize operational resilience and sustainable growth strategies. Muda Holdings continues to leverage its established market presence and diverse product portfolio to navigate industry pressures and maintain its leadership in the paper and packaging sector.
This description reflects the company’s comprehensive product offerings, strategic operational updates, geographic scope, and the latest financial context relevant as of late 2025.