Tex Cycle Technology (M) Bhd.
MMYX:TEXCYCL0.91
MYR
0.00
(0.00%)
ISIN
MYQ0089OO001
Return %
Stock
S&P 500
1Y
-13.33
14.20
3Y
42.19
81.12
5Y
100.00
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Gary Dass Anthony Francis
- Full Time Employees
- 267
- Sector
- Industrial services
- Industry
- Environmental services
- Address
- Port Klang Malaysia
- IPO Date
- Jun 29, 2005
- Website
- texcycle.com.my
- Similar Companies
- Business
- Tex Cycle Technology (M) Bhd. is a Malaysia-based environmental services and waste management company that specializes in scheduled waste management, recycling and recovery, renewable energy generation, and environmental consultancy services. Founded in 1984 and headquartered in Puchong, Selangor, Malaysia, the company operates primarily across Malaysia, serving a diverse client base across the manufacturing, electronics, automotive, engineering, chemical, and oil and gas industries. The company operates through four principal business segments: Scheduled Waste Management, Renewable Energy, Trading, and Environmental Consultancy. Its core products and services include the collection, transportation, treatment, and recycling of scheduled hazardous wastes; recovery of spent lubricating oil and contaminated solvents; decontamination and reconditioning of contaminated drums, containers, and packaging materials; processing and production of reclaimed wiping rags; manufacturing of recycled fuel oil and reprocessed solvents for industrial reuse; development, operation, and maintenance of renewable energy facilities, including biomass gasification power plants, biogas systems, and rooftop solar photovoltaic (PV) power systems; distribution and trading of specialized environmental chemicals, pollution control equipment, spill kits, and industrial safety products; and environmental consultation, waste management audits, chemical laboratory analysis, and regulatory compliance advisory services. In recent developments, Tex Cycle Technology (M) Bhd. has pursued strategic expansion and operational optimization to strengthen its position in environmental engineering and clean energy. The company completed the strategic acquisition of Meridian World Sdn Bhd, enhancing its capabilities in industrial wastewater treatment, environmental engineering design, and chemical laboratory testing solutions. In addition, the company has expanded its renewable energy portfolio through new solar photovoltaic installations and increased participation in green energy supply initiatives. To streamline its capital structure and focus resources on core high-value operations, the group has executed strategic divestments of non-core real estate assets and implemented corporate restructuring initiatives to accelerate growth across integrated waste management, circular economy solutions, and sustainable energy projects.