- CEO
- Kian Lock Yang
- Full Time Employees
- 246
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- No. 19, Jalan Meranti Permai 3 Puchong SE Malaysia 47100
- IPO Date
- Nov 15, 2023
- Business
- PLYTEC Holding Berhad PLYTEC Holding Berhad (0289.KL), an investment holding company founded in 1999 and headquartered in Puchong, Malaysia, principally engages in the provision of construction engineering solutions and services alongside the trading and distribution of core and general building materials for construction projects. Its core offerings span multiple segments, including Construction Method Engineering (CME) solutions such as new and refurbished temporary works equipment encompassing formwork, falsework, safety protection equipment, and access solutions for sale, rental, transportation, and engineering support; Digital Design and Engineering (DDE) solutions featuring Building Information Modelling (BIM), virtual design and construction, field verification, building condition assessments, and Occupational Safety and Health in Construction Industry Management (OSHCIM) services; Precast Concrete (PC) and prefabricated construction solutions involving planning, designing, production detailing, coordination for prefabricated components, industrialized building systems (IBS), and accessories for lifting and connecting; as well as trading and distribution of building materials like engineering wire mesh, perimeter fencing, plywood, timber, mobile houses, floor tiles, sanitary wares, cement, and steel bars. The company also manufactures IBS components and temporary works equipment through subsidiaries such as PLYTEC IBS SYSTEM MFG Sdn Bhd and Dansea Construction Products Sdn Bhd, while Integrated BIM Academy (M) Sdn Bhd provides specialized training; it holds certifications including ISO 9001, 14001, 45001, and BSI ISO 19650 for BIM standards, with recognitions like ARCHIDEX awards for innovations in green formwork and self-climbing platforms. PLYTEC Holding Berhad primarily serves the construction sector in Malaysia, with operations extending to Australia, Hungary, India, the Philippines, Singapore, Taiwan, Thailand, and Uganda, targeting contractors, developers, and infrastructure projects through industrialization and digitalization initiatives. Recent developments include a 42-month contract secured in 2023 by subsidiary BIM Engineering Solution & Technology Sdn Bhd with Sarawak Economic Development Corporation for BIM-driven digital ecosystem establishment to transform Sarawak into a smart city, alongside a 2024 partnership with Resource Services Group (RSGx) on the AUD1.55 billion Brisbane Metro project providing LOD 500 BIM consultancy and 3D models, and the declaration of an initial dividend post-IPO listing on Bursa Malaysia's ACE Market in November 2023.