- CEO
- Hon Foong Chew
- Full Time Employees
- 1,142
- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- Jalan Permata 2 Nilai NSN Malaysia 71800
- IPO Date
- Dec 23, 2009
- Business
- Yoong Onn Corporation Berhad is an integrated designer, manufacturer, distributor, retailer and trader of home linen, bedding accessories and homewares in Malaysia. The company, founded in 1966 and headquartered in Nilai, Negeri Sembilan, Malaysia, operates through Manufacturing, Distribution and Trading, and Retailing segments; it offers bed and bath linen products, bed, bath, living room and kitchen accessories, rugs, carpets and floor mats, lifestyle furniture, curtains and cushion covers under 12 proprietary brands including Ann Taylor, Bed Talk, Cotonsoft, Diana, Genova, Jean Perry, Louis Casa, Niki Cains, Novelle, Oasis, Red Danielle and Sarah Miller. It serves third-party retailers such as departmental stores, hypermarkets, supermarkets and specialty stores; institutions including hotels, resorts, hospitals, royal customs, military accommodations and cruise ships; intermediaries like distributors and importers; and e-commerce platforms, with distribution through 41 wholly-owned retail outlets and over 260 consignment counters in Malaysia plus six Niki Cains Home Fashion Concept Stores and one Home’s Outlet store, alongside owned online platforms like www.jeanperry.com.my and partnerships with Shopee, Lazada and others. The company exports to more than 18 countries including Singapore, Australia, Brunei, Cambodia, Dubai, Fiji, Indonesia, Japan, Mozambique, Myanmar, New Caledonia, Nigeria, Papua New Guinea, the Philippines, Taiwan, Thailand, Turkey and Vietnam, while a subsidiary relationship exists with major shareholder Casatex Cosmo Sdn Bhd. In recent developments, Yoong Onn acquired a 60% stake in Singapore-based T.C. Homeplus Pte Ltd in 2024, adding 12 retail outlets in Singapore and enhancing its regional footprint through synergies in brands, products and institutional supply channels without plans for full acquisition of the remaining stake; it opened two new Home’s Harmony outlets in 2024 including in Sunway BigBox, plans six more in FY2025 targeting Penang, Johor, East Coast, Sabah, Sarawak and Singapore, launched a Fun & Relax concept store in Ekocheras Mall for younger customers, constructed a new 10,500 sqft warehouse and installed solar photovoltaic systems in Nilai in 2022, and reported higher retail and online sales into late 2024 with confidence for improved FY2025 performance.