UMW Holdings Bhd - Company Profile
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UMW Holdings Bhd (UMW), a subsidiary of Permodalan Nasional Berhard, is a diversified Malaysian holding company. The company operates through its business divisions such as automotive, equipment, manufacturing and engineering. Its automotive business manufactures, assembles, markets and distributes passenger cars and commercial vehicles. UMW's equipment business distributes industrial, material handling, power and heavy equipment, and related spares. The company's manufacturing and engineering business supplies components and specialized equipment for OEM and replacement automotive markets, transportation facilities and petrochemical industry. The company has operations in eight countries across the Asia-Pacific. UMW is headquartered in Kuala Lumpur, Malaysia.
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Products and Services
Products | Services |
---|---|
Products | Services |
Passenger Cars and Commercial Vehicles | Distribution |
Industrial Equipment | Marketing |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In December, the company announced its plans to sell the remaining 38.82% stake to Sime Darby Bhd. |
2023 | Contracts/Agreements | In August, the company entered into an agreement to sell 61.2% stake to Sime Darby Bhd. |
2023 | Contracts/Agreements | In April the company's Aerospace business signed a second agreement with Rolls-Royce to manufacture the rear cases for the engines installed in the Trent 1000 and Trent 7000 airliners. |
Competitor Comparison
Key Parameters | UMW Holdings Bhd | DRB-HICOM Bhd | Tan Chong Motor Holdings Berhad | Chin Hin Group Property Berhad | Perdana Petroleum Bhd |
---|---|---|---|---|---|
Headquarters | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia |
City | Kuala Lumpur | Shah Alam | Kuala Lumpur | Nibong Tebal | Petaling Jaya |
State/Province | Kuala Lumpur (Federal Territory of) | Selangor | Kuala Lumpur (Federal Territory of) | Penang | Selangor |
No. of Employees | 6,313 | 44,719 | 6,379 | 474 | 937 |
Entity Type | Private | Public | Public | Public | Public |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Mustamir Mohamad | Chief Executive Officer; President; Director | Executive Board | 2023 | 51 |
Farnida Ngah | Chief Financial Officer | Senior Management | 2020 | 45 |
Zailani Ali | Chief Human Resources Officer | Senior Management | 2016 | 57 |
Abdul Rashid Bin Musa | President - Aerospace Division; Chief Mobility & Innovation Officer | Senior Management | 2021 | 57 |
Hamad Kama Piah bin Che Othman | Chairman | Non Executive Board | 2017 | 71 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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