INGRESS CORPORATION BERHAD

What INGRESS CORPORATION BERHAD does

Ingress Corporation Berhad is a privately-held Malaysian industrial group founded in 1991, operating three divisions across four ASEAN countries (Malaysia, Thailand, Indonesia, India) with more than 2,000 employees and group revenue exceeding RM1 billion. Its Automotive Components Manufacturing Division supplies roll-forming, stamping, die making, fine blanking, and automation products to major OEMs including Proton, Perodua, Honda, Toyota, Nissan, Mitsubishi, Hyundai, Isuzu, and Maruti Suzuki, with 13–16 manufacturing plants supporting program-specific component production. The Auto Dealership Division operates 9 outlets in the Klang Valley representing five brands (Mitsubishi, Perodua, Proton e.MAS, BMW, and MINI) through 3S/4S facilities for new vehicle sales, certified pre-owned, and after-sales service. The Energy & Communication Division, led by Multi Discovery Sdn Bhd, provides EPCC services for power transmission and distribution, rail electrification, substations, sustainable energy, broadband/fibre, and ELV/ICT infrastructure to clients including Tenaga Nasional Berhad.

The company monetizes through three distinct revenue streams: (i) Tier 1 OEM hardware sales of stamped and roll-formed components on a per-piece basis under multi-year program contracts; (ii) B2C retail vehicle sales, financing, and after-sales service through authorised dealerships; and (iii) project-based professional engineering services for utilities and infrastructure clients. Ingress directly employs an enterprise field-sales model for OEM components, a direct-to-consumer showroom model for dealerships, and a tender/bid-based model for energy infrastructure. Its go-to-market is anchored by long-standing OEM relationships built through joint ventures with Katayama Kogyo (Japan) since 1994, partnerships with Iwamoto (Japan), and Mayur (India), with capital access supported by the 2017 listing of Ingress Industrial (Thailand) Public Company Limited on the Stock Exchange of Thailand. Recent strategic emphasis is on EV components (Sungwoo Hitech BEV partnership, January 2024) and EV distribution (Wuling Motors MOU, December 2024), Industry 4.0 automation (ASRS deployment, June 2024), and continued dealership brand expansion with new Mitsubishi and Perodua facilities.

Name

INGRESS CORPORATION BERHAD

Legal name

INGRESS CORPORATION BERHAD (490799-K)

Website

https://ingresscorp.com.my

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Ingress Corporation Berhad is a Malaysian-founded industrial group operating 13+ manufacturing plants across Malaysia, Thailand, Indonesia, and India, supplying automotive components, auto dealerships, and energy/communications infrastructure services to OEMs, consumers, and utilities.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)

SIC

General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Aftermarket Exhaust & Emissions Components Manufacturing (Mufflers/Catalysts/DPF/EGR) (IMACANAE)

Keywords

• Automotive components manufacturing
• OEM stamping parts
• Auto dealership operations
• Power transmission EPCC
• Telecommunications infrastructure

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Automotive Components Manufacturing: OEM automotive components manufacturing with over 30 years of experience. Produces roll forming, stamping, die making, and automation products. Supplies to major automotive manufacturers across 4 countries.
2. Auto Dealership: Premium and prestige car dealership operations representing 5 major automotive brands (Mitsubishi, Perodua, Proton e.MAS, BMW, MINI). Includes new and certified approved used vehicles with competitive financing options.
3. Energy & Communication Engineering Services: Integrated power and utility engineering services including EPCC (Engineering, Procurement, Construction, Commissioning), power generation, rail electrification, infrastructure asset management, and last-mile broadband connectivity.
4. After-Sales Service: Vehicle servicing and maintenance through certified, award-winning staff in world-class servicing facilities at multiple dealership locations.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Ingress Corporation Berhad is an ASEAN industrial conglomerate with three main divisions: (1) Automotive Components Manufacturing producing OEM parts including roll-forming, stamping, die making, and automation products across 16 manufacturing plants in Malaysia, Thailand, Indonesia, and India; (2) Auto Dealership operating 9 retail outlets in Klang Valley representing 5 brands (Mitsubishi, Perodua, Proton e.MAS, BMW, MINI); (3) Energy & Communication providing EPCC services for power transmission/distribution, telecommunications/broadband, and ELV/ICT solutions for utilities and government clients.

Product overview

Ingress Corporation Berhad operates three main business divisions. The Automotive Components Manufacturing Division (headquartered under Ingress Industrial Thailand) produces automotive components including roll-forming, stamping, die making, and automation solutions across 13 manufacturing plants in Malaysia, Thailand, Indonesia, and India. The Auto Dealership Division represents five automotive brands (Mitsubishi, Perodua, Proton e.MAS, BMW, MINI) with multiple 3S/4S facilities in the Klang Valley. The Energy & Communication Division, led by Multi Discovery Sdn Bhd, provides electrical power infrastructure services, sustainable energy solutions, telecommunications/broadband services, and ELV/ICT solutions for utilities, government bodies, and industrial clients across ASEAN.

Differentiator

Problem solved

Functional benefit

Brands

• Ingress Industrial (Thailand): Listed entity on Stock Exchange of Thailand consolidating the Automotive Components Manufacturing Division
• Ingress Technologies
• Ingress AOI Technologies
• Ingress Motors
• Ingress Auto
• Multi Discovery
• Ingress Swede Automobile

Products and services

• Roll-Forming & Sealing Products Automotive components manufactured using roll-forming and sealing processes for exhaust systems and other vehicle components, supplied to OEM automotive manufacturers.
• Stamping Products Automotive stamping components including medium stamping parts, high-tensile steel technologies, and fine-blanking stamping components for various vehicle models, supplied to OEMs.
• Automated Storage and Retrieval System (ASRS) Industrial automation solution including Automated Storage and Retrieval Systems, automated guided vehicles, and smart factory technologies for manufacturing operations.
• Die Making Design and manufacture of small and medium-sized stamping dies for automotive components production, serving internal manufacturing operations and OEM customers.
• Mitsubishi Dealership Operations Authorised Mitsubishi dealership with sales, service, spare parts and body & paint (3S/4S facilities) at multiple locations in Puchong, Bandar Baru Bangi, Shah Alam, and Petaling Jaya.
• Perodua Dealership Operations Authorised Perodua dealership with sales operations including showroom at Mutiara Damansara and Damansara, with 1S facility in Damansara.
• Proton e.MAS Dealership Operations Authorised Proton e.MAS dealership offering sales of Proton's electric vehicle brand at Bandar Baru Bangi location.
• BMW Dealership Operations Authorised BMW dealership with full 4S facilities at Damansara and Puchong locations, including body and paint services in Kepong.
• MINI Dealership Operations Authorised MINI dealership with sales and service operations in Bangsar and Mutiara Damansara.
• Power Transmission & Distribution Services Integrated electrical power technology solutions including high-voltage systems, substations, transmission lines, power cables, and smart grid technologies through subsidiary Multi Discovery Sdn Bhd, serving utilities like TNB.
• Sustainable Energy Solutions Large-scale solar photovoltaic systems, commercial and industrial solar rooftops, and off-grid energy solutions for infrastructure projects.
• Telecommunications & Broadband Services End-to-end broadband solutions including fibre splicing, structured cabling, network installation, testing, commissioning, maintenance, and last-mile connectivity through certified broadband contractor services.
• Mechanical & Electrical Engineering Services Comprehensive electrical engineering solutions including high voltage switchgear, transformer installation, HV/LV cable distribution, and building electrical systems.
• ELV & ICT Solutions Extra low voltage and ICT solutions including PA systems, CCTV, MATV, SCADA, Building Automation, structured cabling for LAN/WAN, security access systems, and intelligent control systems.
• Networking Solutions ICT infrastructure planning, design, construction, and maintenance of wired and wireless broadband networks, LAN systems, and satellite communications.

Quantifiable outcome

• 60% reduction in workforce dependency through ASRS automation system
• +3 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Global NEV Technology Sdn Bhd (GNEV)coreStrategic or Co-development Partner · 20 December 2024MOU for potential importation, assembly, and distributorship of commercial electric vehicles by Wuling Motors. Ingress will contribute technical expertise in establishing local manufacturing and assembly operations for all electric vehicles imported into Malaysia by GNEV, and coordinate with relevant authorities for local regulations compliance. Collaboration serves Malaysian market and export opportunities.
• PeroduacoreStrategic or Co-development Partner · 4 June 2024Business partner for ASRS project at Ingress AOI Technologies Sdn Bhd. Perodua is also customer for component supply through Ingress Technologies Sdn Bhd and recipient of multiple vendor awards.
• Sungwoo Hitech KoreacoreStrategic or Co-development Partner · 8 January 2024MOU between Ingress AOI Technologies Sdn Bhd and Sungwoo Hitech Korea for partnership in developing, manufacturing and supply of Battery Electric Vehicles (BEV) related automotive components. Significant step towards leveraging synergies and expertise for expansion of Ingress product offerings in automotive components market within Asia region.
• Katayama Kogyo Co Ltd (Japan)coreStrategic or Co-development Partner · 25 February 2015Joint venture for Ingress Katayama Technical Centre Sdn Bhd (now Ingress Technical Centre Sdn Bhd), focusing on technical centre operations. Katayama Kogyo has been a long-term partner since 1994 for joint ventures including Ingress Precision Sdn Bhd, Ingress Malindo Ventures, and Fine Components Thailand.
• Iwamoto (Japan)minorStrategic or Co-development PartnerJapanese partner that became shareholder of Fine Components (Thailand), subscribing to 10% of new enlarged shares for technical collaboration.
• Mayur Industries Ltd (India)coreStrategic or Co-development PartnerJoint venture partner for Ingress Mayur Autoventures Private Limited (now Ingress Autoventures India Private Limited), established in 2010 for Indian automotive market operations.
• Mitsubishi Corporation and Indonesian PartnersminorStrategic or Co-development PartnerLocal partners in PT Ingress Malindo Ventures joint venture established in 2003 for Indonesian automotive market expansion.

Scale indicators13 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• EP Manufacturing Bhd: Malaysian-listed OEM automotive components manufacturer producing exhaust, body, and chassis parts for major automakers. Directly comparable in product category, regional customer base, and ASEAN manufacturing footprint.
• Samvardhana Motherson International Limited: Indian-listed global automotive components supplier with extensive ASEAN and emerging-market manufacturing footprint. Comparable as a multi-country OEM components supplier with Indian operations similar to Ingress Autoventures India.
• Hiap Teck Venture Bhd: Malaysian-listed steel service center and automotive components manufacturer serving OEMs and Tier-1 suppliers. Comparable as a Malaysian OEM-focused parts and steel-based components player.
• Bermaz Auto Berhad: Malaysian-listed premium automotive distributor and dealership group for Mazda, Kia, and other brands. Directly comparable for Ingress's auto-dealership division operating multi-brand showrooms in Malaysia.
• Cycle & Carriage Limited: Singapore-listed ASEAN automotive group with assembly, distribution, and dealership operations across Southeast Asia. Comparable as a multi-country automotive distribution and manufacturing peer across the same regional geographies.
• Tan Chong Motor Holdings Berhad: Malaysian-listed automotive group with Nissan assembly, distribution, and dealership operations across ASEAN. Comparable for vehicle assembly, distribution, and dealership business mix overlapping with Ingress's auto division.
• Bharat Forge Limited: Indian-listed global automotive and industrial forging/components major with multi-country manufacturing footprint. Comparable as a high-volume OEM metal-forming components supplier serving global automakers, parallel to Ingress's stamping operations.
• Sundaram Fasteners Limited: Indian-listed automotive fasteners and precision components manufacturer with global Tier-1 customer base. Comparable as an OEM precision components supplier with Indian operations serving Indian and global automakers.

Broad incumbents

• Astra International Tbk: Indonesian-listed diversified conglomerate with major automotive components, distribution, and dealership operations across Indonesia. Comparable as a much larger regional auto conglomerate operating in one of Ingress's core geographies (Indonesia).
• UMW Holdings Berhad: Malaysian-listed industrial conglomerate with Toyota assembly, automotive components (UMW Aerospace), and equipment businesses. Comparable as a broader Malaysian automotive and industrial manufacturing peer overlapping with several of Ingress's divisions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ingress-corporation-berhad

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries24 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about INGRESS CORPORATION BERHAD