Bahru Stainless — From Turnaround to IPO-Ready
In just five months under new Malaysian ownership, we returned to profitability—and we’re now preparing for sustainable growth, including plans to pursue a Bursa Malaysia IPO as early as 2027.
Key Highlights:
400,000 tonnes/year cold-rolled capacity — Malaysia’s only stainless steel mill. 80% exports to Europe and Asia. Cost savings via smarter sourcing & renegotiated energy tariffs. Targeting RM150M annual profit before IPO by 2027.Read the full feature in The Edge Malaysia: