UUE Holdings Berhad

UUE Holdings Berhad

MMYX:UUE
0.72
MYR
-0.03
(-4.64%)
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Capital Structure

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Working Capital

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

CEO
Kok Hwa Ting
Full Time Employees
447
Sector
Industrial services
Industry
Engineering & construction
Address
Johor Bahru Malaysia
IPO Date
Jul 2, 2024
Business
UUE Holdings Berhad is a Malaysia-based underground utilities engineering solutions provider and pipe manufacturer. The company operates primarily through two business segments: Underground Utilities Engineering Solutions and Manufacturing and Trading of HDPE Pipes. Its service offerings include trenchless horizontal directional drilling (HDD) for subterranean utility cable and pipeline installations; open cut trenching and micro-trenching services; subsea and waterway pipe laying; underground utility mapping, surveying, and detection services; and end-to-end engineering, procurement, construction, and commissioning (EPCC) for electricity transmission and distribution networks, telecommunications conduit systems, and water and gas pipelines. Through its manufacturing division, the company produces and distributes high-density polyethylene (HDPE) continuous pipes, conduit ducts, and customized piping accessories used in utility infrastructure projects. The company serves public utility concessionaires, energy providers, telecommunications network operators, and main infrastructure contractors, with key end-market exposure to power utility clients such as Tenaga Nasional Berhad (TNB) and utility contractors in Singapore. Founded in 2011 and headquartered in Johor Bahru, Malaysia, UUE Holdings Berhad manages its operations through operating subsidiaries including Universal Unique Engineering Sdn. Bhd. and maintains active geographic operations across Peninsular Malaysia and Singapore. In recent developments, UUE Holdings Berhad completed its initial public offering (IPO) and listed on the ACE Market of Bursa Malaysia in July 2024, utilizing the proceeds to fund the acquisition of specialized horizontal directional drilling machinery, expand its HDPE pipe manufacturing capacity, and accelerate regional market penetration in Singapore. The company has also expanded its operational capabilities to service large-scale grid connection infrastructure for new data center developments and secured recurring underground cable laying and replacement contracts across domestic and cross-border energy networks.