POWERTECHNIC GROUP BHD
MMYX:POWER0.15
MYR
-0.02
(-11.76%)
ISIN
MYQ0377OO000
Return %
Stock
S&P 500
1Y
- -
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
- Keh Chai Na
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Kulai Malaysia
- IPO Date
- Oct 28, 2025
- Website
- powertechnic.com.my
- Similar Companies
- Business
- Powertechnic Group Berhad is a Malaysia-based investment holding company that specializes in the engineering, fabrication, installation, and maintenance of lifting and material handling systems. The company operates through three principal business divisions: Crane and Hoist Systems, Elevated Platform Systems, and Elevator Systems, alongside dedicated maintenance and engineering support services. Its Crane and Hoist Systems division provides overhead traveling cranes, including single-girder and double-girder configurations; gantry and semi-gantry cranes; wall-mounted and pillar jib cranes; monorail hoist systems; electric chain hoists; and wire rope hoists. Its Elevated Platform Systems portfolio comprises hydraulic and mechanical dock levellers; scissor lift tables and cargo lift platforms; tilting platforms; vehicle loading ramps; and associated docking accessories. Its Elevator Systems division designs and installs freight elevators and industrial goods hoists, as well as customized residential home lifts. Complementing its equipment manufacturing and trading activities, the company provides after-sales maintenance, mechanical and electrical repair, structural refurbishment, equipment modernization, parts supply, and Department of Occupational Safety and Health (DOSH) certification and statutory renewal services. Powertechnic serves industrial, commercial, and residential clients across Malaysia and Singapore, including manufacturing plants, logistics and warehousing operators, construction contractors, and residential property owners. Tracing its operational history to 2002 through its primary subsidiary, Powertechnic Handling Equipment (M) Sdn Bhd, the corporate holding entity was incorporated in 2021 and is headquartered in Kulai, Johor, Malaysia. Key operating subsidiaries include Powertechnic Handling Equipment (M) Sdn Bhd, Powertechnic Resources Sdn Bhd, and Powertechnic Marketing Sdn Bhd. In recent corporate developments, the company converted into a public limited entity in November 2024 and successfully completed its initial public offering (IPO) on the ACE Market of Bursa Malaysia in October 2025 under the stock code POWER (0377). The IPO proceeds are allocated toward enhancing production automation capabilities, expanding manufacturing facilities, establishing new sales offices and showrooms in Central and Northern Malaysia, and supporting regional market expansion.