Paragon Union Bhd.
MMYX:PARAGON1.20
MYR
0.00
(0.00%)
ISIN
MYL9407OO007
Return %
Stock
S&P 500
1Y
-58.19
14.39
3Y
-56.04
81.42
5Y
-30.23
68.62
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Ee-Coln Wong
- Full Time Employees
- 437
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Cheras Malaysia
- IPO Date
- Sep 26, 1994
- Website
- paragon.com.my
- Similar Companies
- Business
- Paragon Union Berhad is an investment holding company that manufactures, distributes, and trades automotive interior components, acoustic insulation materials, and commercial carpets. The company operates primarily through two core business segments: Automotive Components and Commercial Carpets. Its Automotive Components segment manufactures and supplies original equipment manufacturer (OEM) automotive interior products and noise, vibration, and harshness (NVH) acoustic solutions, including molded automotive floor carpets; luggage and trunk area mats; engine hood insulators; dashboard and dash panel sound deadeners; rear parcel shelves; wheel arch insulators; interior trim components; and custom thermal-acoustic damping pads for passenger vehicles and commercial trucks. Its Commercial Carpets segment designs, manufactures, and distributes commercial and residential flooring products, including woven Axminster carpets; tufted broadloom carpets; modular carpet tiles; needlepunch carpets; custom hand-tufted rugs; and polyurethane foam carpet underlays, catering to corporate offices, luxury hotels, convention centers, institutional facilities, and residential properties. Operating through key subsidiaries such as Paragon Car Carpets & Components Sdn. Bhd., Paragon Expression Sdn. Bhd., and Paragon Carpetmaker Sdn. Bhd., the company serves automotive assemblers, Tier-1 automotive suppliers, interior contractors, and commercial developers across Malaysia and international markets in Southeast Asia. In recent operational and strategic developments, Paragon Union Berhad has undertaken corporate restructuring and capital expansion initiatives, including private placement exercises to fund working capital and upgrade manufacturing infrastructure; modernized its automated production lines to enhance precision molding and acoustic testing capabilities; expanded its component supply agreements to support newly localized hybrid and electric vehicle (EV) platforms with domestic and international automotive manufacturers; and broadened its commercial flooring portfolio through the introduction of eco-friendly, recyclable fiber materials to meet sustainable green building certification standards. Founded in 1994, Paragon Union Berhad is headquartered in Cheras Jaya, Balakong, Selangor, Malaysia, and is listed on the Main Market of Bursa Malaysia.