Asia Poly Industrial Sdn. Bhd. was
established in 1993 by a group of Taiwanese investors together with
a few local Malaysian minority shareholders. This was the third
Cast Acrylic Sheet manufacturer in Malaysia. The company was principally
owned and managed by the Taiwanese using Taiwanese Technology and
Expertise.
In April of 1998, Asia Poly become a fully Malaysian
owned company, still using Taiwanese technology and expertise.
When things did not work out satisfactorily, the new Malaysian
Management decided to reorganise the entire company with the view
of going global.
In January of 2001, a new CEO together with a new
technical advisor were brought in to meet the necessary challenges,
incorporating Canadian Technology and know how. At this juncture,
the company’s capacity was only 100 Tons of PMMA (Acrylic)
sheet per month. Today, 3½ years later, production has
reached 550 Tons per month, with exports reaching 80%. Production
is based on R&D with emphasis on Quality Assurance, Customer
Service combined with Technical Assistance.
It is with great pleasure and enthusiasm that we
Asia Poly Industrial Sdn. Bhd. announce that our Parent
company, “Asia Poly Holdings Berhad”, has been accepted
on the 13th/ 14th of May 2004 by the Securities Commission of
Malaysia and Bursa Malaysia Securities Berhad, formally known
as Malaysia Securities Exchange Berhad, for listing on the MESDAQ
Technology Board. Target date for listing of the companies entire
enlarged issued and paid-up share capital on the MESDAQ market
is scheduled for September 2004.