Kuala Lumpur, 14 September 2013 – KYB-UMW Malaysia Sdn. Bhd. (KYB-UMW), a member of the UMW Group, celebrated its 30th anniversary at a gala dinner at the Majestic Hotel. The highlight of its anniversary celebration was the contribution of RM100,000.00 to the Budimas Charitable Foundation.
As part of its anniversary celebrations, KYB-UMW announced the “Caring & Sharing” corporate social responsibility (CSR) programme that was introduced last year. Under the initiative, KYB-UMW pledged to donate 10 sen for each shock absorber sold under the KYB business segment from 1 January 2012 to 31 December 2012 to the Budimas Charitable Foundation. In addition to this, they also provide financial support to other charitable organisations in Malaysia.
KYB-UMW is the leading manufacturer of automotive and motorcycles shock absorbers in Malaysia. It has two manufacturing plants in Teluk Panglima Garang, Kuala Langat with 900 employees. Through the strong bilateral relationship and cooperation between KYB-UMW and Japan’s KYB Corporation, the KYB-UMW Group currently exports 20% of its products to 27 countries worldwide. This is an important business segment for KYB-UMW and it hopes to expand this market further. Currently, they are working closely with KYB Corporation, Japan on technology transfer and training people to elevate their skills to meet the challenging global environment to achieve the ideal manufacturing base by 2017.
The 30th anniversary gala dinner was graced by the presence of HE Mr. Shigeru Nakamura, the Ambassador of Japan to Malaysia. Also present were Datuk Syed Hisham bin Syed Wazir, President and Group CEO, UMW Holdings Berhad and Mr. Kazuhisa Ikenoya, Executive Vice-President, KYB Corporation, Japan.
Since its inception 30 years ago, KYB-UMW has grown from its humble beginnings to become one of the largest manufacturers of automotive and motorcycles shock absorbers in Malaysia. With its reputation for reliability, quality, comfort and most importantly safety, it has instilled a strong sense of confidence in its consumers. The products are manufactured under very strict manufacturing standards and are in compliance with international requirements thus propelling it to be a global company.
The UMW Group is an international conglomerate that develops industries, manages partnerships and facilitates growth. It is involved in four core businesses – Automotive, Equipment, Manufacturing & Engineering, and Oil & Gas.
Adopting its rallying call – Beyond Boundaries®, UMW is set to play a leading role in shaping the future of its industries globally. The Group will do this by inspiring vibrant ideas, nurturing potential, pioneering partnerships and delivering excellence in everything it does; the rewards of which will contribute to the progress and well-being of its stakeholders.