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May 17, 2023

Platina Jubilee Sdn. Bhd. was incorporated in Malaysia on 5th May 2017 with an authorized ordinary share capital of RM3,000,000. Its registered head office address is in Lot 88, Air Keroh Industrial Estate, 75450 Air Keroh, Melaka. The company is in the business of manufacturing steel pilings and rebars from metal ores and its products are mainly used in construction projects.

All its activities, from daily operations to firm-wide policy formulation and implementation have been conducted from its head office. As of 1st January 2022, the company secretary’s records showed that PJSB’s issued and paid-up ordinary share capital was RM2,500,010.

As part of its expansion exercise, PJSB purchased a newly built factory complex at Lot 89, which is next to its current factory building, for RM987,000. The acquisition, which was fully financed by a five-year bank loan, was finalized on 11th January 2022. The complex was made up of a 2,200-square-foot factory building, 300 square-foot building housing cafeterias, prayer rooms, restrooms, and recreational rooms for employees, as well as a 1,000-square-foot warehouse to store inventories.

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