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Minox International Group Berhad (Malaysia)

Main Activities: Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
Full name: Minox International Group Berhad Profile Updated: June 20, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company was incorporated on 18 July 2022 as a private limited liability company and domiciled in Malaysia.
The Company s principal activity is investment holding. Through our subsidiaries, we are principally involved in the distribution of stainless steel sanitary valves, tubes fittings, installation components equipment, rubber hoses under our “MINOX” brand and other related products.
1998 - Establishment of MST Stainless Steel Enterprise and commencement of trading of stainless steel sanitary valves, tubes fittings to small engineering companies serving end-customers in the F B industry.
2003 - Registered “MINOX” brand.
2004 - Officially launched our “MINOX” brand of sanitary products. Incorporation of MST MY to take over the entire business of MST Stainless Steel Enterprise.
2005 - Expanded product offerings to include sanitary installation components equipment. Commenced distribution of ContiTech's flexible rubber hoses.
2006 - Incorporation of Minox MY to manage the local distribution of our “MINOX” products to industrial end-customers while MST MY focused on onward distribution to our regional offices and representative agents and became a member of EHEDG.
2007 - Ventured into the Philippines market and Incorporation of Minox SG to manage the distribution of our “MINOX” brand of sanitary products to industrial end-customers in Singapore.
2008 - Minox TH was incorporated to directly manage the distribution of our “MINOX” products to industrial end-customers in Thailand and commenced distribution of Rubber Fab's flexible rubber hoses and gaskets.
2011 - Set up our warehouse (distribution centre) in Melaka and Incorporation of MST SG to manage the supply of our “MINOX” products to multinational companies' projects throughout SEA.
2013 - Incorporation of Minox ID to venture into the Indonesia market
2016 - Received our largest order to date amounting to approximately RM2.00 million from a project from PureCircle Sdn Bhd.
2017 - Expanded product offerings to include “MINOX” FDA-compliant rubber hoses.
2018 - Commenced distribution of GECITech's flexible rubber hoses
2019 - Penetrated into the semiconductor industry
2021 - Our “MINOX” brand of sanitary fittings for the F B industry have been authorised to use the 3-A Symbol and Ventured into Taiwan market.
2022 - Our “MINOX” brand of sanitary tubes for the F B industry have been certified by EHEDG with the Type EL Class I Certification.
2023 - Our “MINOX” brand of sanitary tubes for the F B industry have been authorised to use the 3-A Symbol.
The global and domestic economies encountered unprecedented challenges during the financial years ended 31 December 2019, 31 December 2020, 31 December 2021, 31 December 2022 and financial period ended 30 April 2023 as a result of the continuing Coronavirus (“COVID-19”) pandemic. The Malaysian government implemented several counter-measures by imposing strict lockdowns, movement restrictions and closing borders to curb the COVID-19 outbreak in Malaysia. Despite the challenges, the Company does not expect any material financial impact on the combined financial statements of the Company.

Headquarters
3, Jalan Industri Pbp 11, Taman Industri Pusat Bandar Puchong
Puchong; Selangor; Postal Code: 47100

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Website: http://minox.biz

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2022
Key Executives
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Chairman
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Chief Financial Officer
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Managing Director
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Director/Member of the Board
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Secretary
Ownership Details
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51.4%
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10.4%
Subsidiaries
Minox Valves Fittings Pte Lt (Singapore)
100%
Mst Stainless (S.E.A) Pte Ltd (Singapore)
100%
Pt Minox Indonesia (Indonesia)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
-25.85%
Total operating revenue
-24.32%
Operating profit (EBIT)
-77.35%
EBITDA
-56.59%
Net Profit (Loss) for the Period
-85.54%
Total assets
14.26%
Total equity
37.52%
Operating Profit Margin (ROS)
-15.14%
Net Profit Margin
-12.51%
Return on Equity (ROE)
-6.52%
Debt to Equity Ratio
-22.39%
Quick Ratio
2.12%
Cash Ratio
0.08%

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