The UMW Holdings Berhad (MYX: 4588) is one of the largest companies and also one of the leading industrial enterprises, serving the economies of Malaysia and the Asia-Pacific region. On 13 December 2023, it was announced that Sime Darby completed the purchase of the majority stake (61.2%) in the company.[2]

UMW Holdings Berhad
Company typePublicly traded state-owned enterprise
MYX: 4588
ISINMYL4588OO009
IndustryAutomotive
Manufacturing & Engineering
Equipment
Founded1917; 107 years ago (1917)[1]
HeadquartersMenara UMW (formerly known as Wisma Nusantara), Jalan Puncak, Off Jalan P Ramlee, 50250 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Areas served
Malaysia, Singapore, Indonesia, Thailand, Myanmar, Vietnam, Papua New Guinea, Australia, China, India and Oman.
Key people
Tan Sri Dato Sri Hamad Kama Piah Che Othman (Group Chairman)
Mustamir Mohamad (President & Group Chief Executive Officer, PGCEO)
RevenueIncrease RM11 billion (2017)
Number of employees
7,575
Parent
SubsidiariesList of subsidiaries
Websitewww.umw.com.my

The UMW Group is an RM11 billion company and ranks among the foremost corporations listed on the Bursa Malaysia. Its net assets exceed RM2.3 billion and its workforce numbers more than 7,500 employees serving customers through a nationwide distribution network.[3]

Subsidiaries

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Automotive

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  • UMW Toyota Motor Sdn. Bhd.
    • Assembly Services Sdn. Bhd.
    • Automotive Industries Sdn. Bhd.
    • Toyota Boshoku UMW Sdn. Bhd.

Associate Company

  • Perusahaan Otomobil Kedua Sdn. Bhd. (Perodua)

Equipment

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  • UMW Equipment Sdn. Bhd.
  • UMW (East Malaysia) Sdn. Bhd.
  • UMW Niugini Limited, Papua New Guinea
  • UMW Engineering Services Limited, Myanmar
  • UMW Industries (1985) Sdn. Bhd.
  • UMW Equipment & Engineering Pte. Ltd.
  • UMW Equipment Systems (Vietnam) Company Limited, Vietnam
  • UMW Material Handling Shanghai Group, China
    • UMW Industrial Trading (Shanghai) Co. Ltd
    • UMW Industrial Equipment Co. Ltd.
    • Vision Fleet Equipment Leasing (Shanghai) Co. Ltd.
  • UMW Industrial Power Sdn. Bhd.

Manufacturing and engineering

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  • UMW Aerospace Sdn. Bhd.
  • UMW Aero Assets Sdn. Bhd.
  • UMW Grantt International Sdn. Bhd. (Grantt)
  • UMW Lubricant International Sdn. Bhd. (Repsol)
  • UMW Pennzoil Distributors Sdn. Bhd. (Pennzoil)
  • Lubetech Sdn. Bhd.
  • Lubritech International Holdings Ltd.
  • UMW Advantech Sdn. Bhd.
  • KYB-UMW Malaysia Sdn. Bhd.
  • UMW M&E Sdn.Bhd

References

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  1. ^ "UMW HOLDINGS BHD (4588:Kuala Lumpur Stock Exchange): Stock Quote & Company Profile - Bloomberg". Bloomberg News. Archived from the original on 21 April 2017. Retrieved 12 March 2017.
  2. ^ "Sime Darby Completes Acquisition of Majority Stake in UMW, UMW Welcomes New President and Group CEO". Qualified Remodeler. Retrieved 20 December 2023.
  3. ^ "Malaysia's next fsffmega-IPO to raise $1b". Investvine.com. 17 May 2013. Retrieved 21 May 2013.
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