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BWYS Group Bhd is a Malaysia-based company, which is principally involved in the manufacturing of sheet metal products and the supply of scaffolding. It also engaged in the trading of steel materials and steel-related products. The Company’s products include roofing sheets & trusses, industrial racking system, welded pipes, supply of scaffoldings, and steel materials & products trading. Its roofing sheets are manufactured using medium to high tensile mild steel, which is aluminum-zinc-coated, or color-coated. The Company manufactures sections and battens which join to form the truss framework for roofing purposes. It manufactures industrial racking systems which are for use as multi-level supporting structures for the storage of goods. It also manufactures welded pipes of various shapes, profiles, grades, and surface finishing. It manufactures both structural and non-structural welded pipes.
KUALA LUMPUR: BWYS Group Bhd's net profit surged more than nine-fold to RM24.6mil in the first quarter ended March 31, 2026 (1Q26), from RM2.6mil a year earlier.
BWYS Group Bhd's shareholders have approved the disposal of a leasehold industrial property in Bukit Changgang for RM67mil, alongside the acquisition of a freehold industrial land in Tanjong Duabelas for RM94.5mil.
BWYS GROUP BERHAD ("BWYS" OR "THE COMPANY") - MUTUAL TERMINATION OF THE SHAREHOLDERS' AGREEMENT AND FIRST SUPPLEMENTAL AGREEMENT DATED 18 SEPTEMBER 2025 AND THE ENTERING INTO A NEW SHAREHOLDERS' AGREEMENT DATED 18 MAY 2026 BETWEEN THE COMPANY, LIONWISE HOLDING GROUP PTE. LTD., FXD GROUP SDN. BHD. AND BWYS COLOUR SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY