Paragon Union Berhad (9407)
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Paragon Union Berhad Profile
| Automobile Components Industry | Consumer Discretionary Sector | Mr. Hoi Chun Koon CEO | XKLS Exchange | MYL9407OO007 ISIN |
| Malaysia Country | - Employees | 6 Jul 2009 Last Dividend | 31 Jan 2000 Last Split | - IPO Date |
Overview
Paragon Union Berhad operates as an investment holding entity with diversified interests primarily in the production, sale, and trading of vehicle and commercial flooring solutions, alongside automotive components primarily within Malaysia, Singapore, Brunei, the United Arab Emirates, and South Korea. Established in 1994 and headquartered in Cheras, Malaysia, the company's operational frameworks are segmented into Automotive and Commercial divisions. In addition to its core operations, Paragon Union Berhad has ventured into property development, expanding its business scope and leveraging its established market presence to drive growth and sustainability.
Products and Services
Paragon Union Berhad offers a wide range of products and services tailored to meet the demands of both automotive and commercial sectors, including:
- Commercial Carpets: The company specializes in the manufacture of high-quality commercial carpeting solutions, including woven axminster, machine and hand tufted, wilton, and mosque carpets. It also produces carpet tiles and rugs designed for upscale usage in 5-star hotels, commercial edifices, offices, mosques, and government projects. These carpets are known for their durability, aesthetic appeal, and the ability to meet diverse interior design requirements.
- Automotive Products: Catering to the automotive industry, Paragon Union Berhad provides a vast array of products such as carpet mats, insulators/silencers, trim parts, and carpet floors. These automotive components are essential for noise insulation, interior aesthetics, and comfort in vehicles, embodying the company’s commitment to quality and innovation in the automotive sector.
- Property Development: Expanding beyond its traditional manufacturing base, Paragon Union Berhad has ventured into property development. This diversification strategy underscores the company's ambitions to explore new growth avenues and markets, leveraging its extensive expertise and resources to establish a footprint in the real estate sector.
