South Malaysia Industries Bhd.
MMYX:SMI0.19
MYR
0.00
(0.00%)
ISIN
MYL4375OO001
Return %
Stock
S&P 500
1Y
-22.45
14.20
3Y
-70.77
81.12
5Y
-9.52
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
- Thang Fong Leow
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Aug 2, 1971
- Website
- smib.com.my
- Similar Companies
- Business
- South Malaysia Industries Berhad is an investment holding company that operates through its subsidiaries in property development, property investment and management, wire manufacturing and trading, and the provision of corporate management services. The company organizes its business into four principal segments: Manufacturing and Trading, Property Development, Property and Investment Holding, and Management Services. Through its wholly-owned manufacturing subsidiary, SMI Wire Sdn. Bhd., the company produces and distributes a comprehensive portfolio of wire products; including galvanized iron wires, hard-drawn wires, PVC-coated wires, black annealed wires, and staple wires, which are supplied to the building, infrastructure, and agricultural sectors for the fabrication of chain-link fences, barbed wire, reinforcement wire mesh, and armored cables. In property development, the group engages in the planning, construction, and sale of residential and commercial properties, including township developments and mixed-use projects in Perak and Selangor. In property investment and management, the company owns, leases, and manages commercial real estate assets and operates dedicated car park facilities, notably in Kelana Jaya, Selangor. In management services, the group provides shared corporate, administrative, and strategic advisory services to its internal operating entities. Founded on March 27, 1969, and publicly listed on the Main Market of Bursa Malaysia in 1971, South Malaysia Industries Berhad is headquartered in Kuala Lumpur, Malaysia, with its core manufacturing operations based in Tampoi, Johor. In recent corporate developments, the company has been the subject of a mandatory takeover offer initiated by a consortium involving Techbase Industries Berhad (formerly Prolexus Berhad) and individual investor partners, resulting in significant shareholder dispute, extraordinary general meeting requisitions, and ongoing regulatory proceedings with the Securities Commission Malaysia. Operationally and strategically, the group modified its financial year-end from December 31 to June 30 to streamline financial governance, while actively pursuing asset rationalization, operational cost optimizations in wire manufacturing, and collaborative joint-venture property development models to improve resource utilization and expand its project pipeline.