KUALA LUMPUR, 10 OCTOBER 2025 – Colform Group Berhad (“Colform” or the “Group“), an established steel and building material specialist in East Malaysia, today announced that its wholly-owned subsidiary, Colform Sdn Bhd (“CSB”), has entered into a Sale and Purchase Agreement (“SPA”) with Central Spectrum (M) Sdn. Bhd. (“Central Spectrum”) to acquire a parcel of 99 years leasehold industrial land located within Pulau Indah Industrial Park, Klang, Selangor, for a total cash consideration of approximately RM25.2 million.
The acquisition marks a major step in Colform’s ongoing expansion into Peninsular Malaysia and forms part of the Group’s long-term strategic plan to strengthen its manufacturing footprint and enhance operational efficiency. The land, measuring approximately 29,595 square metres, will be developed to house Colform’s new production facilities and office complex, serving as the Group’s primary operational hub in the central region.
Situated within the thriving Pulau Indah Industrial Park (“PIIP”), one of Malaysia’s most established industrial zones, the acquisition positions Colform advantageously within a rapidly developing logistics and manufacturing corridor. The site offers excellent connectivity to Port Klang’s West Port and North Port, major expressways such as Shah Alam Expressway (“KESAS”) and South Klang Valley Expressway (“SKVE”), and proximity to Kuala Lumpur International Airport (“KLIA”) and Subang Airport, providing strong logistical synergies to support the Group’s nationwide expansion.
Mr. Kang Ket Hung, Managing Director of Colform Group Berhad, commented, “This acquisition represents a strategic milestone for Colform as we scale our presence into Peninsular Malaysia. With this expansion, we will be able to streamline logistics, improve cost efficiency, and strengthen our delivery network to better serve customers across the country. The Pulau Indah location offers exceptional accessibility and growth potential, making it the ideal site for our next phase of expansion.”
According to the Department of Statistics Malaysia (“DOSM”), the total value of construction work done in Malaysia reached RM86.8 billion in the first half of 2025, representing a 14.7% increase year-on-year. Of this amount, RM71.8 billion was contributed by Peninsular Malaysia (including Labuan), reflecting its continued dominance in national construction activity.
Colform expects this sustained momentum to drive demand for downstream steel and building materials, aligning with the Group’s core business. The acquisition is thus timely and strategically aligned with Colform’s goal to capture new business opportunities and extend its market reach in high-growth regions, while leveraging its proven track record in East Malaysia. The acquisition reflects Colform’s commitment to expanding its operational footprint, strengthening its integrated steel value chain, and supporting the nation’s infrastructure and industrial growth initiatives.
