Prestar Resources Bhd.
MMYX:PRESTAR0.28
MYR
0.00
(0.00%)
ISIN
MYL9873OO000
Return %
Stock
S&P 500
1Y
-11.11
14.20
3Y
-29.11
81.12
5Y
-54.77
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
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Jin Tat Toh
- Full Time Employees
- 621
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Rawang Malaysia
- IPO Date
- Jun 27, 1994
- Website
- prestar.com.my
- Similar Companies
- Business
- Prestar Resources Bhd. is a Malaysia-based investment holding company engaged in the manufacturing, processing, and trading of steel products, material handling equipment, and automated warehouse storage solutions. Founded in 1984 and headquartered in Rawang, Selangor, Malaysia, the company operates primarily through three core business segments: Steel Processing, Manufacturing, and Trading. Its comprehensive product portfolio includes welded steel pipes, structural steel hollow sections, galvanized steel coils, cold-rolled steel coils, and sheared steel sheets; highway guardrails and road safety crash barriers; material handling equipment, such as industrial wheelbarrows, platform hand trucks, casters, and heavy-duty wheels; and industrial storage racking systems, commercial shelving, selective pallet racking, cantilever racking, and automated warehouse solutions marketed under its proprietary MYSTAR brand. Prestar Resources serves a diverse clientele across the construction, infrastructure, logistics, manufacturing, warehousing, automotive, and agricultural sectors throughout Malaysia, ASEAN member states, and international export markets in the Asia-Pacific, North America, and Europe. The company conducts operations through subsidiaries including Prestar Storage System Sdn. Bhd., Prestar Manufacturing Sdn. Bhd., and Prestar Steel Pipes Sdn. Bhd., alongside its equity-accounted associate Tashin Holdings Berhad. In recent developments, Prestar Resources has accelerated its expansion into advanced intralogistics through a strategic partnership and supply collaboration with Japan-based Murata Machinery, Ltd. (Muratec) to deliver Automated Storage and Retrieval Systems (ASRS) and high-density automated racking structures across Southeast Asia. Additionally, the company has upgraded its production lines with high-efficiency tube mill technology, secured major supply contracts for road guardrail systems across large-scale infrastructure projects including the Pan Borneo Highway and East Coast Rail Link (ECRL), and deployed commercial-scale rooftop solar photovoltaic systems across its primary manufacturing facilities to optimize energy efficiency and support sustainable manufacturing practices.