Paragon Union Bhd - Company Profile
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Paragon Union Bhd (Paragon) carries out the manufacturing and distribution of commercial carpets, rugs, and automotive carpets. Its major products include noise, vibration, and harshness (NVH) components; commercial carpets; and recycled metal products such as aluminum ingots and carbon blocks. Paragon serves original equipment manufacturers (OEMs) in the automotive industry, including brands such as Perodua, Proton, KIA, Nissan, BMW, Mitsubishi, Peugeot, and Isuzu, and also caters to commercial and recycling sectors. The company has expanded its operations to include a recycling division, trading recycled metal and related materials. The company operates from its facilities in Malaysia, targeting markets in various regions including Indonesia, Thailand, and China. Paragon is headquartered in Cheras, Selangor, Malaysia.
Headquarters
Malaysia
Address
Lot 14, Jalan Satu, Kawasan Perindustrian Cheras Jaya, Batu 11, Kuala Lumpur (Federal Territory of), 43200
Website
paragon.com.my
Telephone
60 3 90861100
No of Employees
467
Industry
Construction
Ticker Symbol & Exchange
PARAGON (KUL)
Revenue (2025)
$29.6M
77.2%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-92.1%
(2025 vs 2024)
Market Cap*
$33.4M
Net Profit Margin (2024)
XYZ
-8.5%
(2025 vs 2024)
* As of and is in US$
Products and Services
| Products |
|---|
| Car Carpets and Components |
| Machine-Tufted Carpets |
| Axminster Carpets |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In January, the company's subsidiary Paragon Metal Sdn Bhd entered into a joint venture with Japan's largest aluminum recycler, Asahi Seiren Co., Ltd. |
| 2026 | Contracts/Agreements | In January, the company's subsidiary Paragon Metal Sdn Bhd entered into a joint venture agreement with Asahi Seiren Co. Ltd to provide comprehensive consulting services and on-site support in the aspects of technical, operational and profit management in relation to the recycling of aluminum dross and aluminum scraps. |
| 2025 | Contracts/Agreements | In December, the company's subsidiary Paragon Metal Sdn Bhd entered into an MoU with Asahi Seiren Co., Ltd to provide comprehensive consulting services and on-site support regarding the technical, operational, and profit management aspects of recycling aluminum dross and aluminum scraps in Malaysia. |
Competitor Comparison
| Key Parameters | Paragon Union Bhd | Victoria PLC | Oriental Weavers Carpet Co | The Dixie Group Inc | TCM Corp PCL |
|---|---|---|---|---|---|
| Headquarters | Malaysia | United Kingdom | Egypt | United States of America | Thailand |
| City | Cheras | Worcester | Cairo | Dalton | Bangkok |
| State/Province | Kuala Lumpur (Federal Territory of) | Worcestershire | - | Georgia | Bangkok (Krung Thep Maha Nakhon) |
| No. of Employees | 467 | 5,025 | - | 928 | 1,162 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Koon Hoi Chun | Chairman | Executive Board | 2022 | 47 |
| Tan Vei Teck | Director | Executive Board | 2021 | 42 |
| Wong EE-Coln | Managing Director; Director | Executive Board | 2022 | 47 |
| Tan Teck Khong | Senior General Manager- Finance | Senior Management | 2022 | 55 |
| Lim Wen Theng | Secretary | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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