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Shin Yang Group

From Wikipedia, the free encyclopedia

Shin Yang Group (Shin Yang or SY) is a multinational conglomerate in Malaysia headquartered in Miri, Sarawak. Established on 24 February 1983, Shin Yang has many subsidiaries with various business activities such as construction, shipping (domestic & international), real estate, plantations, mining and other small businesses.[1]

History

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Shin Yang (SY) was established on 24 February 1983 and has subsidiaries operating in various sectors.[2]

  • Lumber
  • Plantation
  • Ship construction and repair
  • Real estate and construction
  • Service and support

Lumber

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Shin Yang Group of wood based division is a leading manufacturer of wood-related products. Shin Yang is equipped with processing machines that enable it to expand its products to products such as Phenolic Film Faced Plywood, Urethane Faced Plywood, Laminated Veneer Lumber, Wood Pellets, Furniture and more. Shin Yang's total plywood production capacity can reach over 100,000m3 per month.[3][4]

Shin Yang Sdn Bhd (997865-T) was incorporated on 24 February 1983. It is the main harvesting contractor for the Shin Yang Group's Forest Management Unit (FMU) for Forest Timber License of Planted Forest (LPF). In addition, Shin Yang has a number of associated companies covering Natural Forest Timber License in Sarawak, Malaysia.[5]

Plantation

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Linau Mewah Sdn. Bhd. As a group manager has been certified under the General Principles MS 2530-3: 2013 for Oil Palm Plantations and Organized Smallholders consisting of Linau Mewah Estate, Baramville Estate and Woodville Estate, Bakam Estate and Seramban Estate, Meting Estate, Adam Estate, Linau Sinar Estate and Kenaban Estate. Meanwhile, Shin Yang Forestry Sdn. Bhd. - Bumimas Estate underwent individual certification and was also recently certified under the same scheme.[6][7]

Ship construction and repair

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In the shipping division of SY, Shin Yang Shipyard Sdn Bhd, Piasau Slipways Sdn Bhd, Shinline Sdn Bhd, Thailine Sdn Bhd, Danum Shipping Sdn Bhd and Shin Yang Shipping Sdn Bhd play important roles in the marine industry both domestically and internationally.[8][9]

SY's shipping division offers shipbuilding services (for domestic and international markets), ship repair, ship conversion, ship engineering, ship structures, international shipping, domestic shipping (bulk & container services), engineering fabrication and offshore structural fabrication.[10][11]

Real estate and construction

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Starting in the late 70s, Miri-based Pekerjaan Piasau Konkerit Sdn. Bhd. (PPK) was established as a modest construction and development company in Miri. Over the years, PPK has grown and is now a well-diversified company within the Shin Yang Group with its core business activities spanning property development, building construction, civil engineering works such as roads, bridges and marine structural works.

Apart from that, PPK is also involved in the manufacturing of construction products such as precast concrete products, lightweight concrete, concrete pavers, cement sand bricks, concrete piles, ready-mix concrete suppliers, hot mix asphalt concrete pavement manufacturers, sand and aggregate suppliers, etc. In 2001, PPK obtained ISO 9002 certification in the manufacturing of paving blocks and cement bricks, production and delivery of ready-mix concrete.[12]

The company has been involved in sectors such as plywood mills, sawmills, paving and potting factories, quarry factories, warehouses and workshops, state roads and bridges, ship access roads and wharves, wharves and filling and dredging wharves, earthworks, 800 units of residential houses, 220 units of shophouses, and most recently, the Boulevard Shopping Complex, a landmark shopping complex in Miri.

References

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  1. ^ "Bloomberg - Shin Yang Holding Sdn Bhd".
  2. ^ "About Us".
  3. ^ "Wood Products".
  4. ^ "February 23, 2021Malaysia plywood industry facing a timber shortage".
  5. ^ "Tree plantation".
  6. ^ "Oil palm plantation".
  7. ^ "PUBLIC SUMMARY SECOND SURVEILLANCE AUDIT SHIN YANG KUALA BARAM FOREST PLANTATION MANAGEMENT UNIT FOR FOREST MANAGEMENT CERTIFICATION" (PDF).
  8. ^ "Shin Yang's shipbuilding business on the rise".
  9. ^ "Shin Yang delivers two 80M LCT vessels to UAE Navy". Borneo Post Online. October 17, 2012.
  10. ^ "Shipping & ship building".
  11. ^ "MRSS As Well, Plan B Shorts - Malaysian Defence".
  12. ^ "Wood Properties development".