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UMW Holdings

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]

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

Automotive

Associate Company

Equipment

Manufacturing and engineering

References

  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.

External links