Solid Automotive Bhd.
MMYX:SOLID0.11
MYR
+0.01
(+5.00%)
Solid Automotive Bhd.
MYX:SOLID
(Bursa Malaysia)
Recent
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0.11
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div
yld
- -
ROIC.AI
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- Business
- Solid Automotive Bhd. is an investment holding company that specializes in the trading, distribution, remanufacturing, and retailing of automotive aftermarket electrical and mechanical parts, components, and accessories for passenger cars and commercial vehicles. Founded in 1982 and headquartered in Johor Bahru, Malaysia, the company operates primarily through two core business segments: Automotive Electrical Parts and Automotive Mechanical Parts. Its comprehensive electrical product portfolio includes alternators; starter motors; voltage regulators; rectifiers; ignition coils; automotive sensors; switches; relays; wiper motors; lighting components; and electronic control units. Its mechanical product line comprises braking systems and brake pads; clutch kits; steering and suspension components; engine gaskets and mountings; bearings; water pumps; fuel pumps; drive shafts; transmission components; automotive filtration systems; and maintenance lubricants, fluids, and automotive chemicals. The company distributes products under proprietary house brands such as Positork and MegaPower, alongside authorized distribution of internationally recognized original equipment and replacement brands. In addition to import and distribution, Solid Automotive operates remanufacturing facilities that rebuild and service alternators, starters, and heavy-duty electrical components to original equipment specifications. Geographically, the company maintains a nationwide network of distribution branches and warehouses across Peninsular and East Malaysia, while exporting to international markets throughout Southeast Asia, the Middle East, Africa, and Australasia through subsidiaries including Solid Corporation Sdn. Bhd., Twinco Auto Parts Sdn. Bhd., and Auto-Motive Synergy Sdn. Bhd. In recent developments, Solid Automotive has expanded its regional distribution infrastructure, modernized its centralized logistics and warehousing capabilities to optimize inventory turnover, broadened its product catalog to include high-efficiency maintenance components and replacement parts compatible with next-generation hybrid and electric vehicles, and strengthened its direct-to-workshop aftermarket sales channels.