CYL Corporation Berhad

CYL Corporation Berhad is a Malaysian public company whose core business is the manufacture of blow-moulded and injection-moulded plastic products. Through its wholly-owned subsidiary Perusahaan Jaya Plastik (M) Sdn Bhd, the group has supplied plastic bottles, closures and related moulded products to various industries in Malaysia for more than four decades. The company is listed on Bursa Malaysia and is headquartered in Shah Alam, Selangor. The group's origins trace to the entrepreneurial career of Mr. Chen Yat Lee, who in 1965 won a scholarship to study plastics technology in Germany at the Suddeutschen Kunststoff-Zentrum (German Plastics Centre) in Wurzburg, Bavaria. He was one of the first Malaysians to receive this scholarship. In February 1980 he founded Perusahaan Jaya Plastik (M) Sdn Bhd, starting with a rented factory in Petaling Jaya and a small workforce of 30 people. Over the following decades the business grew into a state-of-the-art manufacturing and warehousing operation in Shah Alam occupying more than 300,000 square feet, with a workforce of about 190. In April 2003, the holding company CYL Corporation Berhad was listed on the Second Board of the Kuala Lumpur Stock Exchange, which is today part of Bursa Malaysia's Main Market. The listed entity serves as the corporate brand for the group, while Perusahaan Jaya Plastik remains the principal operating subsidiary. CYL Corporation describes itself as having a solid track record in manufacturing and as being ready to expand beyond its core competence to create new revenue streams. As part of its sustainability efforts, the group has announced its intention to explore property development, focusing on industrial properties designed for manufacturers who want to start operations quickly, with appropriate floor loading, utility connections and electricity ratings. The company also aims to obtain Green RE certification for its property project, a leading Malaysian green building standard. As a listed issuer, CYL Corporation maintains a formal corporate governance framework, including a board charter, code of conduct, audit, nomination and remuneration committees, and policies on whistleblowing, boardroom diversity, corporate disclosure, and anti-corruption and bribery.

CYL Corporation Berhad is the listed holding company of a Malaysian plastics manufacturing group whose operating history began with Perusahaan Jaya Plastik (M) Sdn Bhd. The founder, Mr. Chen Yat Lee, first trained in plastics technology after winning a scholarship in 1965 to study at the Suddeutschen Kunststoff-Zentrum (German Plastics Centre) in Wurzburg, Bavaria, Germany. He was one of the first Malaysians to receive this scholarship. In February 1980, Chen Yat Lee founded Perusahaan Jaya Plastik (M) Sdn Bhd. The business started in a rented factory in Petaling Jaya with a small workforce of 30 people. Over the following decades, the company grew and eventually established a state-of-the-art factory and warehousing facilities in Shah Alam covering more than 300,000 square feet, with a workforce of about 190. Its product range includes blow-moulded and injection-moulded items such as bottles and closures, supplied to various industries in Malaysia. In April 2003, the holding company CYL Corporation Berhad was listed on the Second Board of the Kuala Lumpur Stock Exchange, which is today part of Bursa Malaysia's Main Market. The listing gave the group a public corporate vehicle while Perusahaan Jaya Plastik continued as the principal manufacturing subsidiary. In later years, CYL Corporation has stated that it intends to expand beyond its core manufacturing competence to create new revenue streams. As part of its sustainability efforts, the group announced it would explore property development. Its property plans focus on industrial properties for manufacturers who want to start operations quickly, with the right floor loading, utility connections and electricity rating. The company also aims to obtain Green RE certification for its project, a leading standard for green buildings in Malaysia, covering efficient use of energy, water and building materials, lower carbon footprint during construction, approaches to enhance health and social well-being, and lower operation and living costs. As a listed issuer, CYL Corporation maintains corporate governance documentation including a board charter, code of conduct, terms of reference for its audit, nomination and remuneration committees, and policies on remuneration, whistleblowing, boardroom diversity, corporate disclosure, and anti-corruption and bribery.

• 2003

  CYL Corporation Berhad was listed on the Second Board of the Kuala Lumpur Stock Exchange in April.

• 1980

  Perusahaan Jaya Plastik (M) Sdn Bhd was founded in February, starting with a rented factory in Petaling Jaya and 30 employees.

• 1965

  Mr. Chen Yat Lee won a scholarship to study plastics technology at the Suddeutschen Kunststoff-Zentrum in Wurzburg, Bavaria, Germany.

Experienced Malaysian plastics manufacturer leveraging manufacturing insight to expand into industrial property development.

• Blow-moulded plastic products

• Injection-moulded plastic products

• Bottles and closures

1. 1CYL Corporationcylcorporation.com
2. 2Our Story – CYL Corporationcylcorporation.com
3. 3Our Products – CYL Corporationcylcorporation.com
4. 4Corporate Governance – CYL Corporationcylcorporation.com
5. 5Cyl Corporation Berhadwikidata.org