- CEO
- Chang Hooi Heng
- Full Time Employees
- 176
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Sep 27, 2022
- Business
- PT Resources Holdings Berhad is an investment holding company that operates as a processor and trader of frozen seafood, meat, and non-meat products, as well as a provider of retail and wholesale cold chain logistics services. Established in 2012 and headquartered in Kuantan, Pahang, Malaysia, the company conducts its business through two principal operating segments: Processing and Trading of Frozen Seafood and Other Products, and Retail and Wholesale Trading. The company's core product and service portfolio comprises deep-frozen seafood products, including wild-caught and farmed marine species such as black tiger prawns, white vannamei shrimp, cuttlefish, squid, ribbonfish, red snapper, seabass, pomfret, salmon, mackerel, and various shellfish; frozen meat products, encompassing imported cuts of beef, lamb, mutton, and poultry; frozen non-meat and agricultural products, including processed vegetables, french fries, frozen finger foods, and dairy goods; customized seafood processing services, incorporating sorting, cleaning, gutting, filleting, custom portion cutting, blast freezing, vacuum packing, and original equipment manufacturer (OEM) packaging; and temperature-controlled cold room storage and cold chain distribution logistics. The group retails its product lines to end-consumers and commercial clients through its proprietary chain of wholesale and retail outlets operating under the MOF Foods Market and MOF Outlet brand banners, while also distributing to food service operators, restaurants, hotels, caterers, wholesalers, and independent grocers. Geographically, PT Resources serves domestic markets across Peninsular Malaysia and exports products to international markets, including the People's Republic of China, Saudi Arabia, the United Arab Emirates, the Philippines, and Indonesia. In recent operational developments, the company has expanded its regional processing and storage capacity through the development and operational commissioning of a new integrated processing facility and cold storage warehouse in Kuantan to accommodate rising export volumes; entered into strategic distribution partnerships and international supply arrangements to strengthen market penetration in mainland China and the Middle East; broadened its value-added product lines to include pre-seasoned and ready-to-cook frozen seafood meal offerings; and systematically expanded the physical footprint of its MOF Foods Market retail store network across secondary and tertiary consumer markets in Malaysia.