Established on 20 June 2003, Asia Poly Holdings Berhad is a public company in Malaysia under the Companies Act 2016. Asia Poly Holdings Berhad (Asia Poly) functions as the investment holding entity for the Asia Poly Group, aligning with its listing on the MESDAQ Market (now known as Ace Market) of Bursa Malaysia Securities Berhad on 26 October 2005. The Group comprises fourteen subsidiaries, one joint venture, and one associate, with High Reserve Land Sdn Bhd leading the property arm and Asia Poly Green Energy Sdn Bhd pioneering renewable energy, and its key subsidiary that is the primary revenue driver, Asia Poly Industrial Sdn Bhd.
Diverse Business Operations and Sustainable Growth
Over the years, we’ve expanded our business to greater heights, with an emphasis on our commitment to good environmental, social, and governance (ESG) practices. This is our pledge to engrave sustainability within our DNA to ensure a better and greener future for all.
Financial Performance and Market Expansion
As of 2022, our revenue witnessed a significant increase of 9.4% from FYE 2021 (RM84.2 million) to FYE 2022 (RM92.1 million). This solidifies our market presence, especially with the growth of our manufacturing segment in global and local markets.
Customer Centric Approach
Our success is a result of our customers’ satisfaction with our products and services. We’ve made it our duty to fulfill our customers’ requirements and to expand our clientele through our unparalleled product quality and competitive pricing, with a promise of a 10 year limited warranty for clear cast acrylic products.
Investment in Operational Excellence
We meet our customers’ needs through investment in supplying their demands with state-of-the-art facilities. The expansion of our production line from 800 MT to 1600 MT per month is a testament to our drive to be the market leader in cast acrylic sheets.
As a core belief of our business, we strive to shift our operations toward a more sustainable approach. This dream gave birth to Biogas Sulpom Sdn Bhd and Asia Poly Hydro (Pahang) Sdn Bhd, which oversee the development of a biogas power plant and five hydropower plants across Malaysia.
Our commitment to renewable energy exceeds our business diversification, pledging a greener future with sustainable energy solutions. As we continue to innovate our business, we reaffirm our position as a responsible market leader in the industrial and environmental sectors.
Asia Poly Holdings Berhad takes pride in its esteemed Board of Directors, a team of seasoned professionals who guide the company towards its strategic goals and vision. At the helm as the Executive Chairman is Dato’ Yeo Boon Leong, whose leadership and extensive experience in the industry set the tone for the company’s strategic direction and growth. Working alongside him is Lim Teck Seng, serving as a Non-Independent Non-Executive Director, bringing valuable insights and oversight to the board’s decisions.
Tan Ban Tatt and Datin Seri Azreen Binti Abu Noh, both Independent Non-Executive Directors, contribute their impartial and diverse perspectives, ensuring balanced and comprehensive governance. Their independent roles are crucial in maintaining transparency and accountability within the company. Thoo Soon Huat, another Non-Independent Non-Executive Director, adds his significant industry expertise, further strengthening the board’s capabilities. Together, this dynamic team embodies a blend of experience and innovative thinking, positioning Asia Poly Holdings Berhad for continued success and sustainability in its ventures.