Shin Yang Group Bhd
MMYX:SYGROUP0.71
MYR
0.00
(0.00%)
Shin Yang Group Bhd
MYX:SYGROUP
(Bursa Malaysia)
Recent
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0.71
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- Shin Yang Group Berhad is a Malaysia-based investment holding company that operates an integrated marine transportation, shipbuilding, automotive dealership, logistics, and industrial services enterprise. Founded in 1983, incorporated in 2004, and headquartered in Miri, Sarawak, the company serves commercial, industrial, resource, and consumer markets across Malaysia, Southeast Asia, East Asia, and the Middle East. The company operates across five core business segments: Shipping; Shipbuilding, Ship Repair, and Metal Fabrication; Automotive; Logistics; and Industrial Gas. Its marine transportation offerings include domestic coastal and international shipping services; dry bulk and breakbulk cargo conveyance; containerized freight transport; liquid cargo and chemical shipping; tug and barge operations; and offshore support vessel services. Its shipbuilding and engineering division provides naval design, construction, dry-docking, conversion, modification, and afloat maintenance services for commercial and offshore vessels, including anchor handling tug supply vessels, landing crafts, utility workboats, cargo vessels, and customized barges; as well as structural metal fabrication services for industrial steel frameworks, bridges, helidecks, and warehouse structures. The automotive segment encompasses the retail distribution, sales, servicing, maintenance, and genuine spare parts supply for Toyota and Lexus passenger and commercial vehicles through authorized dealership networks. The logistics division delivers door-to-door freight forwarding; container haulage; warehousing; customs clearance; and land transportation services. The industrial gas division manufactures, bottles, distributes, and markets industrial and medical gases. In recent corporate developments, the company changed its name from Shin Yang Shipping Corporation Berhad to Shin Yang Group Berhad in July 2023 to align its corporate identity with its diversified business portfolio. The group subsequently completed a strategic RM144.5 million diversification into the automotive industry by acquiring a 100% equity stake in Boulevard Jaya Sdn Bhd and 60% equity stakes in Boulevard Motor Sdn Bhd, Boulevard Motor (Sabah) Sdn Bhd, and Boulevard Motor (Labuan) Sdn Bhd, establishing authorized Toyota and Lexus dealership networks across Sarawak, Sabah, and Labuan. Additionally, Shin Yang Group has expanded its logistics footprint through strategic acquisitions of industrial land and warehouse facilities in the Pending Industrial Estate in Kuching and Sepanggar Bay in Kota Kinabalu to enhance its supply chain infrastructure. In executive leadership, the group appointed Richard Ling Peng Ling as Chief Executive Officer effective January 2026 to oversee its expanded multi-sector operations.