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CGB

Increases Production Capacity by 250% to Meet Fresh Demand

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CGB

Central Global bags RM101m contract to upgrade water supply system in Sabah

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CGB

Market Leader Since 1972

With reliable, formidable and trustworthy partners across the globe, CGB is poised, dedicated and passionate in pursuing excellence in services and products, as well as bringing value to our clients.

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CGB

Present In Over 30 Countries

Our export markets include Australia, New Zealand, USA, China, Thailand, India, Singapore, Indonesia, Vietnam, Brunei, Hong Kong, Japan, South Korea, Taiwan, Sri Lanka and Europe.

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CGB

Pioneer in Industrial Masking Tapes

The Group pioneered industrial hi-temp masking tapes manufacturing and have expanded to become a one-stop solution provider for crepe paper masking.

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CGB

Increases Production Capacity by 250% to Meet Fresh Demand

About Us

About CGB Group

CGB
More about CGB

Founded in 1972, Central Global Berhad (CGB) is principally involved in manufacturing and construction.

The Group pioneered industrial hi-temp masking tapes manufacturing and have expanded to become a one-stop solution provider for crepe paper masking. The Group’s principal export markets include Australia, New Zealand, USA, China, Thailand, India, Singapore, Indonesia, Vietnam, Brunei, Hong Kong, Japan, South Korea, Taiwan, Sri Lanka & Europe.

The Group expanded into the construction business in 2019 through Proventus Bina Sdn. Bhd., and has been mostly active with projects in the northern region of Peninsular Malaysia.

CGB Group

Vision and Strategy

TARGET

CGB’s vision is to be the leading brand for our services and products, leveraging on our commitment and innovation to produce quality products.

With reliable, formidable and trustworthy partners across the globe, CGB is poised, dedicated and passionate in pursuing excellence in services and products, as well as bringing value to our clients.

Our Group

Our Businesses

Global

We were founded in 1972 specialising in industrial tapes and label stocks, of which we are the market leader, and pioneered industrial hi-temp masking tapes manufacturing. We are also a one-stop solution provider for crepe paper masking and are focused on delivering value to our clients and associates globally. We have also ventured into construction where we provide building and general contract works.

Central Industrial Corp Berhad (CICB)
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CIC Construction Sdn. Bhd (CICC)
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CIC Marketing Sdn. Bhd (CICM)
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Proventus Bina Sdn. Bhd (PBSB)
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30+
Countries
110+
Foreign Partner
49years
In Business
Latest

Our Latest News

News
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Central Global in Sabah property buy

PETALING JAYA: Central Global Bhd is acquiring a four-storey office and showroom from Sribina Resources Sdn Bhd in Kota Kinabalu, Sabah for RM19.5mil. In a filing with Bursa Malaysia, Central Global said the acquisition is part of the overall strategy of increasing the group’s profile as one of the leading construction groups in that region, specifically Sabah. Additionally, Central Global said the acquisition will allow the company to cross-sell and expand its presence of its products and to be the headquarters/ warehouse/storehouse for its vehicles/ machinery when projects are completed. The company said the acquisition is estimated to be completed within five months of the sale and purchase agreement with Sribina. “The property is purchased for own office usage and the board of directors is not aware of any specific risk,” it said.

02 Oct, 2024
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6亿合约赚幅料双位数 中央全球实力展现

周梓彬/专访 (吉隆坡24日讯)中央全球(CGB,8052,主板工业产品服务组)近期斩获总值约6亿1638万令吉的沙巴泛婆罗洲大道分包工程合约,负责提供项目建设和竣工所需的设备、机械、劳动力和材料,该公司看好这项合约的赚幅可达双位数。 这笔超过6亿令吉的巨额订单,相当于该公司2023财政年,也就是2亿2200万令吉营业额的近3倍,无疑是该公司的一次重要突破。 董事经理周显达在接受《星洲财经》专访时表示,获得这笔大单合约充分彰显公司在承接和交付项目上的能力。 他透露,该合约为期42个月,并且预计需要4至6个月做前期准备工作,在接下来的36个月,该公司放眼每年完成约2亿令吉的工程。 谈及这份合约能为公司贡献多少净利?周显达指出,这份合约的赚幅预计至少有双位数。 他表示,除非遇到不可预见的挑战,否则公司有信心如期完成整个项目,他也预计这个项目将在未来3年半为公司带来稳定收入。 总订单7.6亿 足够支撑至2028年 谈及订单总额,周显达透露,公司当前的订单总额约为7亿6000万令吉,足以支撑公司业绩至2028年。 此外,该公司也正在竞标总值达37亿令吉的项目,这些项目主要集中于国内,包括基础设施建设、水源和发电项目,他也有信心在接下来的数月有望赢得更多新合约。 总的来说,周显达对沙巴泛婆罗洲大道分包工程及37亿令吉的投标书将对公司业绩贡献持乐观态度。 “如果2024财政年表现理想,我们不排除会派发股息,回馈股东。” 面临财务管理和人才短缺问题 谈及公司挑战,周显达指出,财务管理和人才短缺是公司面临的主要问题。他说,尽管获得这份价值超过6亿令吉的合约,需要一定的资金去执行项目,但公司不会通过增发股票或私下配售来筹集资金,而是计划依靠银行贷款和内部资金完成项目。 与此同时,他说,在沙巴寻找合适的人才特别是专业人员是一项艰巨任务,尤其是与新加坡竞争人才。尽管普通劳动力尚能满足需求,但该公司在专业技术人才方面仍吃紧。 谈及2024财政年首季和次季营收及净利较2023年下半年明显下滑的原因,周显达解释,之前的项目顺利推进,推动业绩大幅增长,而后续项目则进入更具挑战的阶段,导致营收有所下降。 在谈及如何提高未来营收时,他指出,建筑行业的关键在于持续获取新合约,唯有保持收入增长,才能推动盈利提升。 他表示,建筑行业的成本受原材料价格影响较大,尽管合约中会注明若原材料价格超出指定范围,该公司有权申请额外成本补偿,但在价格波动范围内的成本则需公司自行承担。 谈到马币走强对建筑行业的影响时,他认为,虽然马币升值对部分成本有利,但柴油等其他成本的上涨可能抵销这一优势。 关于未来的业务重心,周显达表示,公司将专注于沙巴合约的执行,因公司设备和团队均已在当地部署。 拟转型建筑业公司 另外,由于建筑业务占公司的多数营收,因此该公司计划从制造业转向建筑业公司。 展望2025年,周显达对大马建筑业,特别是吉隆坡的前景充满信心。 他提到,政府计划建设捷运三线(MRT3)项目,该项目将连接吉隆坡超过30个区域,可推动周边房地产及经济发展。 “公司也看准了这个市场,并寻找机会参与其中。”

24 Sep, 2024
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Central Global clinches RM616.4mil Pan Borneo Highway contract

PETALING JAYA: Central Global Bhd (CGB), via its wholly-owned sub-subsidiary RYRT International Sdn Bhd, has accepted a letter of award from Pembinaan Urusmesra Sdn Bhd for road upgrades to the Sabah Pan Borneo Highway project, worth RM616.4mil. In a filing with Bursa Malaysia, CGB said the contract is for the construction and completion of Phase 1B that will comprise the upgrading of roads from the Lahad Datu Bypass to the Kg Sandau (work package 22). “Under the scope of the contract, RYRT will be responsible for the supply of plant, machinery, labour and materials required for the construction and completion of the project. “The letter of award is for the construction and completion of the project for a period commencing on Sept 30, 2024 and ending on March 29, 2028.” CGB said the project award has significantly increased the group’s order book by 456.3%, amounting to RM751.5mil. CGB group managing director Chew Hian Tat said: "This is a strong indication of the group’s capability to undertake and deliver a megaproject of this magnitude. We are now rather optimistic and eagerly looking forward towards future project awards from our tender books estimated to be at RM3.7bil”. Barring any unforeseen circumstances, CGB said the contract is expected to provide a steady stream of revenue to the group over the next three and a half years. CGB closed up one sen, or 1.12% to 0 sen with 6.34 million shares traded.

04 Sep, 2024
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Sticking to excellence, one roll at a time!

We are currently expanding our production, and every beam we use tells a story of our progress and creativity. Join us on this sticky journey with us as we tape up the future with endless possibilities!

30 Jan, 2024
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Annual CNY celebration Dinner

As the Group Managing Director of Central Global Berhad, I extend my heartfelt congratulations to representatives from our subsidiaries nationwide for joining us in Kota Kinabalu, Sabah, at the annual CNY celebration Dinner. Embracing diverse cultural backgrounds and ethnic styles, we collectively enjoyed an unforgettable evening filled with joy and camaraderie. Your presence has truly added a special touch to this celebration. Here's to the unity within our diverse family!

21 Jan, 2024
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Our factory is gearing up for an exciting expension

Step by step, the foundation of our dreams is solidifying into reality. Our factory is gearing up for an exciting expension! Every brick laid, every structure signifies a milestone in our journey towards innovation and growth. Stay connected for more exclusive glimpses into our progress!

09 Jan, 2024
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Paving the road to tomorrow and building roads for a connected future.

Paving the road to tomorrow and building roads for a connected future. A key tenet of contemporary society, the Jalan Semawang Project links and promotes community development, safety, and an overall higher standard of living. For the project's seamless execution, our Group Managing Director, Mr. Chew Hian Tat, is closely monitoring its development.

09 Aug, 2023
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Embracing nature's challenges with the Batu Sapi Slope Construction Project

Embracing nature's challenges with the Batu Sapi Slope Construction Project. With consideration for the environment and in order to provide safe and steady access, the slope building modifies the natural topography to meet human needs. Watch as our team carefully and precisely sculpts landscapes and overcomes nature's obstacles.

02 Aug, 2023
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