Major Milestones

1986

  • Press Metal was incorporated as a privately-owned aluminium extrusion company in Malaysia.

1993

  • Listed on the Second Board of Bursa Malaysia.
  • First aluminium extruder in Malaysia to be awarded the MS ISO9001:2000 certification.

1999

  • Successfully transferred to the Main Board of Bursa Malaysia.
  • Expands its operations to UK, Europe, Australia and New Zealand.

2003

  • Extrusion capacity hits 40,000MT per annum.
  • Became the largest producer of aluminium extrusion products in Malaysia.

2005

  • Ventures into China and establishes its new aluminium extrusion plant in Foshan with a capacity of 120,000MT per annum.
  • Total investment value of RM500 million with a workforce of 2,000 employees.

2006

  • Acquires an aluminium smelter with a 90,000MT capacity per annum in Hubei, China.

2007

  • Kick-starts the development of Malaysia’s first-ever aluminium smelting plant in Mukah, Sarawak with a capacity of 120,000MT per annum.
  • Total investment value of RM1 billion with a workforce of 850 employees.

2008

  • Expands its extrusion operations to Hubei, China with a capacity of 30,000MT per annum.

2009

  • Press Metal’s Mukah, Sarawak aluminium smelter commences commercial production.

2010

  • Sumitomo Corporation, Japan’s third largest trading house, invested in 20% equity interest in the Mukah Aluminium Smelter.

2011

  • ‘PMS’ brand aluminium ingots produced by Mukah Aluminium Smelter has successfully listed on the London Metal Exchange as a high-grade primary aluminium.
  • The Mukah Aluminium Smelter hits its full production capacity of 120,000MT per annum.
  • Kick-starts the development of Phase 2 aluminium smelting plant in Samalaju Industrial Park, Bintulu, Sarawak with a capacity of 320,000MT per annum.
  • Total investment value of RM2.2 billion with a workforce of 1,300 employees.

2012

  • Samalaju Aluminium Smelter commences commercial operations.

2014

  • Sumitomo Corporation invested in 20% equity interest in the Samalaju Aluminium Smelter.
  • The Samalaju smelting plant in Malaysia hits its full production capacity of 320,000MT per annum.
  • ‘PMB’ brand aluminium ingots produced by Samalaju Aluminium Smelter successfully listed on the London Metal Exchange as a high-grade primary aluminium.
  • Kick-starts the development of the 3rd aluminium smelter in Sarawak (Samalaju Aluminium Smelter 2) in Samalaju, Sarawak, Malaysia with an additional capacity of 320,000MT per annum.
  • Estimated total investment value of RM2 billion with a workforce of 1,200 employees.

2015

  • Press Metal’s 3rd aluminium smelter (Samalaju Aluminium Smelter 2) in Sarawak commences commercial operation.

2016

  • Celebrating its 30th anniversary, Press Metal has grown into the largest integrated aluminium producer in South East Asia with a 760,000MT smelting capacity and 160,000MT extrusion capacity.

2017

  • Carried out an Internal Reorganisation exercise and a Transfer of Listing Status to a new holding company – Press Metal Aluminium Holdings Berhad – to allow for greater ease and flexibility of expansion.
  • Inaugural issuance of 5-year USD400 million bonds which was 9.5 times oversubscribed and awarded the Best New Bond by The Asset Triple A Award 2017.
  • Inclusion as a component stock in the FBM KLCI Index which comprises the 30 largest companies listed on Bursa Malaysia.
  • Inclusion as a component stock in the MSCI Malaysia Index.

2018

  • Press Metal makes its debut into the Forbes Asia's Fabulous 50 (a list of the 50 best publicly traded companies in the Asia-Pacific region).
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