CN Asia Corporation Bhd
Malaysian investment holding company whose subsidiary manufactures industrial tanks, pressure vessels and tankers.
Last updated September 28, 2026
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Overview
CN Asia Corporation Bhd is a Malaysian public company that operates principally as an investment holding company. Its core operating business is carried out through its wholly-owned subsidiary, Chip Ngai Engineering Works Sdn Bhd, which is engaged in the manufacturing and trading of tanks, vessels and tankers for a range of industries including oil and gas, chemical, sewerage, food and construction. The group is therefore best understood as an industrial fabrication and engineering specialist rather than a consumer-facing brand. The company's product range covers pressure vessels, LPG tanks and tankers, underground tanks, storage tanks, sewage tankers, heat exchangers, chemical tankers and bulk vertical tanks. Alongside manufacturing, CN Asia offers specialised metalworking services such as metal dishing, metal rolling and post-weld heat treatment (PWHT). Its PWHT furnace, for example, is described as being capable of handling equipment up to 300 tons in weight within its dimensions. As a listed entity in Malaysia, CN Asia maintains an investor relations function with financial highlights, quarterly and annual reports, circulars to shareholders, Bursa announcements and general meeting materials. The company also publishes corporate governance documentation including a board charter, code of ethics and conduct, anti-bribery and corruption policy, whistleblowing policy and sustainability policy, reflecting the compliance expectations of a Malaysian public listed issuer. CN Asia's board includes executive and non-executive directors, with Datuk Seri Tan Choon Hwa serving as Non-Independent Non-Executive Director and Deputy Chairman, and Chang Chee Ching and Y.M. Tengku Shamsulbhari Bin Tengku Azman Shah as Executive Directors. The company's headquarters and manufacturing operations are based in Malaysia, and its primary market is the domestic industrial sector, though its fabricated products may serve projects across multiple industries.
History
CN Asia Corporation Bhd is a Malaysian public company whose principal activity is investment holding. Its main operating subsidiary, Chip Ngai Engineering Works Sdn Bhd, is involved in the manufacturing and trading of tanks, vessels and tankers for various industries such as oil and gas, chemical, sewerage, food and construction. The group's business therefore centres on industrial fabrication and engineering rather than consumer products. Over time, CN Asia has developed a product portfolio that includes pressure vessels, LPG tanks and tankers, underground tanks, storage tanks, sewage tankers, heat exchangers, chemical tankers and bulk vertical tanks. It also provides specialised metalworking services: metal dishing, metal rolling and post-weld heat treatment (PWHT). The company's PWHT furnace is described as having dimensions of 5.5m height by 6m width by 15.5m length, complete with a vaporiser system, and is capable of handling equipment up to 300 tons in weight within the furnace dimensions. Its metal rolling equipment can roll steel plate up to 100mm thick to a cylinder of minimum diameter 800mm and 3000mm width. As a listed issuer in Malaysia, CN Asia maintains investor relations materials including financial highlights, quarterly reports, annual reports, circulars to shareholders, Bursa announcements, minutes of general meetings and proxy forms. The company also publishes corporate governance documents such as a board charter, code of ethics and conduct, corporate disclosure policy, director fit and proper policy, terms of reference for its audit and risk management, nomination, remuneration, share issuance scheme and investment committees, as well as policies on anti-bribery and corruption, whistleblowing and sustainability. These materials indicate the company's compliance with Malaysian public listed company requirements. The board of directors includes Datuk Seri Tan Choon Hwa as Non-Independent Non-Executive Director and Deputy Chairman, Chang Chee Ching and Y.M. Tengku Shamsulbhari Bin Tengku Azman Shah as Executive Directors, and several independent and non-independent non-executive directors. Asraf Bin Kahasani was appointed as an Independent Non-Executive Director with effect from 29 March 2024. The company's headquarters and operations are based in Malaysia, and its primary market is the domestic industrial sector.
Asraf Bin Kahasani appointed as Independent Non-Executive Director with effect from 29 March 2024.
Asraf Bin Kahasani appointed to the Audit and Risk Management Committee with effect from 18 April 2024.
Asraf Bin Kahasani appointed to the Remuneration Committee with effect from 25 April 2024.
Products and positioning
Malaysian industrial fabrication and engineering group specialising in tanks, pressure vessels and tankers for oil & gas, chemical, sewerage, food and construction industries.
Pressure Vessel
Manufactured pressure vessels for industrial applications.
LPG Tank & Tanker
LPG storage tanks and road tankers.
Underground Tank
Underground storage tanks for various industries.
Storage Tank
Above-ground storage tanks.
Sewage Tanker
Tankers for sewage and wastewater transport.
Heat Exchanger
Heat exchangers for industrial processes.
Chemical Tanker
Tankers for chemical transport.
Bulk Vertical Tank
Large vertical bulk storage tanks.
Metal Dishing
Production of dish heads in a wide size range, hot and cold forming.
Metal Rolling
Rolling steel plate up to 100mm thick to cylinders of minimum diameter 800mm and 3000mm width.
PWHT (Post Weld Heat Treatment)
Furnace of 5.5m height x 6m width x 15.5m length with vaporiser system, capable of handling equipment up to 300 tons.
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