UMW Group is a Malaysian conglomerate with diversified business interests in various sectors, including automotive, equipment, manufacturing, and engineering. Here’s some information about the UMW Group:
- History: UMW Group traces its roots back to 1917 when it was established as United Motor Works, a trading company dealing primarily in automotive parts and accessories. Over the years, the company expanded its operations and diversified into other industries.
- Business Divisions: UMW Group operates through several business divisions:
- Automotive: The automotive division includes vehicle assembly, distribution, and dealership of automobiles, primarily representing Toyota, Lexus, and Perodua brands in Malaysia.
- Equipment: The equipment division is involved in the distribution, rental, and after-sales service of industrial and construction equipment, including forklifts, excavators, and cranes.
- Manufacturing and Engineering: The manufacturing and engineering division engages in various manufacturing activities, including automotive components, oil and gas equipment, and aerospace components.
- Others: UMW Group also has interests in other sectors, such as oil and gas, property development, and investment holdings.
- Partnerships and Joint Ventures: UMW Group has established strategic partnerships and joint ventures with leading international companies to enhance its capabilities and expand its market presence. These partnerships include collaborations with Toyota Motor Corporation and Komatsu Ltd., among others.
- Global Presence: While UMW Group is headquartered in Malaysia, it has a global presence with operations and business activities in several countries across Asia, Europe, Africa, and the Americas.
- Commitment to Sustainability: UMW Group is committed to sustainability and corporate social responsibility. The company strives to conduct its business in an environmentally responsible manner, promote employee welfare, and contribute positively to the communities in which it operates.
- Financial Performance: UMW Group is a publicly traded company listed on the Bursa Malaysia stock exchange. The company has demonstrated strong financial performance over the years, with a diversified portfolio of businesses contributing to its revenue and profitability.
Overall, UMW Group is a prominent Malaysian conglomerate with a long history and diverse business interests across multiple sectors. The company’s commitment to excellence, innovation, and sustainability has positioned it as a leading player in the Malaysian and international markets.
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