Press Metal began humbly in 1986 as a local aluminum extrusion enterprise founded by the Koon family brothers with modest capital. Despite facing severe economic crises and cyclical commodity crashes over the decades, the company aggressively expanded downstream and upstream, pioneering large-scale smelting operations powered by renewable hydroelectric energy in Sarawak. Today, it stands as a global aluminum giant supplying lightweight metals to multinational automotive, construction, and green technology industries worldwide.
The consensus 12-month target price for Press Metal Aluminium Holdings Berhad (traded on Bursa Malaysia under ticker 8869) fluctuates among institutional equity research houses around the mid-to-upper RM8.00 range.
Press Metal generates its operational revenues primarily by manufacturing and selling high-grade primary aluminum products, such as ingots, billets, and wire rods, alongside value-added downstream aluminum extrusions.
Press Metal Aluminium Holdings Berhad is a proudly Malaysian multinational corporation headquartered in Petaling Jaya, Selangor, Malaysia.
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The Kuok family, spearheaded by legendary centenarian business tycoon Robert Kuok, is indisputably the richest family in Malaysia.
Press Metal Aluminium Holdings Berhad is often viewed by regional analysts as a strong long-term industrial investment due to its status as Southeast Asia's largest integrated aluminum producer, its utilization of low-cost hydroelectric power for sus...
The largest shareholders of Press Metal Aluminium Holdings Berhad are the founding Koon family members, who maintain a commanding controlling equity stake through direct personal holdings and private family investment vehicles like Alpha Milestone Sd...
Press Metal Aluminium Holdings Berhad operates with joint Deputy Chief Executive Officers to oversee its sprawling international manufacturing operations.
Press Metal Aluminium Holdings Berhad is a publicly traded corporation listed on Bursa Malaysia, meaning its ownership is distributed among institutional mutual funds, public shareholders, and individual investors.
Tan Sri Koon Poh Keong, the co-founder and group chief executive officer of Press Metal Aluminium Holdings Berhad, along with his closely associated siblings, commands a combined net worth estimated at approximately $9.
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Press Metal was originally founded in 1986 as a small private local enterprise by Tan Sri Koon Poh Keong alongside his siblings.
Tan Sri Koon Poh Keong, who serves as the co-founder and Group Chief Executive Officer of Press Metal Aluminium Holdings Berhad, stands among the wealthiest corporate chief executives in Malaysia.
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Tan Sri Koon Poh Keong is a prominent Malaysian businessman and industrialist born and raised in Malaysia. Alongside his brothers, he built his education and early professional foundation locally before establishing Press Metal in Selangor.
The primary product manufactured and distributed by Press Metal is high-grade primary aluminum, produced in the form of ingots, billets, and wire rods through advanced electrolytic smelting processes.
The richest individual in Malaysia for 2026 remains the legendary centenarian business tycoon Robert Kuok, whose net worth is evaluated by Forbes at $13.
Press Metal achieved its initial public offering and was officially listed on the Second Board of Bursa Malaysia before subsequently graduating to the Main Market of the stock exchange.