Karyon Industries Berhad

Karyon Industries Berhad (KIB) is a Malaysian public limited company incorporated on 21 April 2003 under the name Karyon Industries Sdn Bhd, and converted into a public company on 24 July 2003, when it assumed its present name. The company is headquartered at No. 1, Jalan Sri Plentong 6, Taman Perindustrian Sri Plentong, 81750 Masai, Johor, Malaysia. It is listed on Bursa Malaysia Securities Berhad, having made its debut on the MESDAQ market on 15 September 2004 with an initial public offering that was oversubscribed by 91.28 times, and was later transferred to the Main Market. The group's core business is the manufacturing and trading of polyvinyl chloride (PVC) compound, industrial chemicals and products, carried out principally through its wholly-owned subsidiary Hsing Lung Sdn Bhd. A second wholly-owned subsidiary, Allbright Industries (M) Sdn Bhd, manufactures and trades plastic additives and industrial chemicals. The group also has Promaz Plastic Sdn Bhd, engaged in general trading in hardware and building material. Two other subsidiaries, Karyon Ventures Sdn Bhd and Karyon (Malaysia) Sdn Bhd, are in members' voluntary winding up. Karyon positions itself as a manufacturer serving industrial customers in the plastics and chemicals value chain, with a board that emphasises integrity, ethical standards and long-term shareholder value. Its board charter states that the board's strategic intent is to deploy the company's resources and capacities to protect and maximise shareholders' value and long-term earnings growth, while acting in a socially responsible manner with emphasis on the well-being of its teammates and the communities it serves. As a Bursa Malaysia-listed issuer, Karyon maintains a full corporate governance and investor relations framework, including audit, nominating, remuneration and risk management committees, and policies covering sustainability, anti-bribery and corruption, whistleblowing, remuneration, diversity, related party transactions and conflict of interest. The company publishes annual reports, financial results and other announcements through its investor relations section.

Karyon Industries Berhad was incorporated in Malaysia on 21 April 2003 as a private limited company under the name Karyon Industries Sdn Bhd. On 24 July 2003 the company was converted into a public limited company and assumed its present name, Karyon Industries Berhad. The company is registered in Malaysia with the registration number 200301010377 (612797-T). A defining moment in the company's corporate history came on 15 September 2004, when KIB was successfully listed on the MESDAQ market of Bursa Malaysia Securities Berhad. The initial public offering was oversubscribed by 91.28 times, which the company describes as an important milestone. Based on the solid profit track record achieved by the group over the years, KIB was subsequently officially transferred from the MESDAQ market to the Main Market of Bursa Malaysia. Over time the group built its operations around wholly-owned subsidiaries. Hsing Lung Sdn Bhd (registration 198601008267 / 157460-D) handles the manufacturing and trading of polyvinyl chloride compound, industrial chemicals and products. Allbright Industries (M) Sdn Bhd (registration 199801001288 / 457414-W) manufactures and trades plastic additives and industrial chemicals. Promaz Plastic Sdn Bhd (registration 201901042932 / 1352262-P) is engaged in general trading in hardware and building material. Two further subsidiaries, Karyon Ventures Sdn Bhd (registration 200601023493 / 743247-K) and Karyon (Malaysia) Sdn Bhd (registration 199401000692 / 286370-H), are in members' voluntary winding up. The company is headquartered in Johor, Malaysia, at No. 1, Jalan Sri Plentong 6, Taman Perindustrian Sri Plentong, 81750 Masai. As a listed issuer, Karyon maintains a corporate governance framework with board committees for audit, nomination, remuneration and risk management, and a suite of policies covering corporate governance, sustainability, anti-bribery and corruption, whistleblowing, remuneration, fit and proper criteria, diversity, related party transactions and conflict of interest. Its board charter, last reviewed and approved by the board on 29 May 2024, sets out the board's strategic intent to protect and maximise shareholders' value and long-term earnings growth while managing the business with integrity and high ethical standards and acting in a socially responsible manner.

• 2024

  Board Charter last reviewed and approved by the Board on 29 May 2024.

• 2004

  Listed on the MESDAQ market of Bursa Malaysia Securities Berhad on 15 September 2004; IPO oversubscribed 91.28 times.

• 2003

  Incorporated in Malaysia on 21 April 2003 as Karyon Industries Sdn Bhd.

• 2003

  Converted into a public limited company on 24 July 2003 and assumed the name Karyon Industries Berhad.

• Transferred from the MESDAQ market to the Main Market of Bursa Malaysia based on the group's profit track record.

Industrial manufacturer and trader in the PVC compound, plastic additives and industrial chemicals segment, listed on Bursa Malaysia.

• Polyvinyl chloride (PVC) compound

• Industrial chemicals and products

• Plastic additives

• Hardware and building material

1. 1Welcome to Karyon - Karyon Industries Berhadkaryongroup.com.my
2. 2Corporate Profile - Karyon Industries Berhadkaryongroup.com.my
3. 3Corporate Structure - Karyon Industries Berhadkaryongroup.com.my
4. 4Board Charter - Karyon Industries Berhadkaryongroup.com.my
5. 5Karyon Industries Berhad - Wikidatawikidata.org