APB Resources
APB Resources Berhad is a Malaysian-listed investment holding company whose subsidiary AMCSB fabricates ASME-certified pressure vessels, heat exchangers, columns, and process equipment for multinational and engineering contractor clients in petrochemical, oil and gas, oleochemical, power, and food and beverage industries.
- Company typePublic
- Founded1982
- HeadquartersShah Alam, Malaysia
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What APB Resources does
APB Resources Berhad is a Bursa Malaysia-listed investment holding company (KLSE: APB) whose primary operating subsidiary, Amalgamated Metal Corporation (M) Sdn. Bhd. (AMCSB, founded 1982), fabricates specialized process equipment for industrial customers. Through its Subang and Kuantan manufacturing facilities (70,000 sqm of total land and 35,000 sqm of built-up factory floor in Kuantan alone), AMCSB produces pressure vessels, shell-and-tube heat exchangers, columns, reactors, HRSGs, steam drums, and related process equipment, working from carbon steel through to exotic alloys such as incoloy, inconel, monel, and hastelloy. The company holds ASME U, U2, and S stamps (since 1997) plus PED, ISO 9001:2015, ISO 3834-2:2005, and Malaysian DOSH registrations, enabling it to serve regulated pressure-equipment buyers in petrochemical, oil and gas, oleochemical, power generation, and food and beverage end markets both domestically and internationally.
The business operates a project-based, B2B equipment fabrication model: AMCSB engages directly with multinational corporates and international engineering contractors on custom, quote-priced contracts that typically encompass design, fabrication, and delivery of bespoke process equipment. Revenue is recognized on a project or one-time-contract basis rather than recurring subscription or volume licensing. Two smaller wholly-owned subsidiaries, Era Julung Sdn. Bhd. and Era Naqi Malaysia Sdn. Bhd. (formerly Finned Tubes Malaysia), complement the core fabrication business. The company has 251–500 employees and is headquartered in Shah Alam, Selangor, with its principal heavy-fabrication footprint in Kuantan, Pahang.
In June 2023, Dato' Koon Poh Tat, co-founder of Press Metal Aluminium Holdings Berhad, acquired a 5.73% substantial-shareholder stake and new board members were appointed, followed by the appointment of Yee Voon Hon as Executive Managing Director alongside governance reforms that merged the Audit and Risk Management Committees. The share price moved up approximately 30% following the announcement, signaling market reassessment of the company's strategic direction under refreshed leadership and a credible industrial sponsor.
APB Resources firmographics
Firmographics- Name
- APB Resources
- Legal name
- APB Resources Berhad
- Website
- https://apb-resources.com
- Company type
- Public
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- APB Resources Berhad is a Malaysian-listed investment holding company whose subsidiary AMCSB fabricates ASME-certified pressure vessels, heat exchangers, columns, and process equipment for multinational and engineering contractor clients in petrochemical, oil and gas, oleochemical, power, and food and beverage industries.
- Ownership category
- akta.pro rank
APB Resources industry classification
Industry- Product category
- Industrial Process Equipment Manufacturing
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132), Engineering Services (541330)
- SIC
- Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389), General Industrial Machinery & Equipment, Nec (3569)
- akta.pro primary industry
- Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)
Keywords
Where APB Resources is headquartered
LocationHeadquarters
- HQ city
- Shah Alam
- HQ country
- Malaysia
- HQ region
- Asia
Offices3 records
Markets served
APB Resources business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D
Revenue model
- Equipment Fabrication: Custom fabrication of specialized design process equipment for petrochemical, chemical, oleochemical, oil and gas, power, and food & beverage industries. Revenue generated through project-based contracts for pressure vessels, heat exchangers, columns, reactors, and other process equipment. Services include complete turnkey projects.
- Engineering Contracting Services: Full-service engineering fabrication and contracting services including design, manufacturing, and delivery of equipment.
- Investment Holding: Parent company serves as investment holding entity for subsidiaries including Amalgamated Metal Corporation (M) Sdn. Bhd. (AMCSB), Era Julung Sdn. Bhd., and Era Naqi Malaysia Sdn. Bhd.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
APB Resources product offering
Product offeringCore offering
APB Resources Berhad is an investment holding company whose primary operating subsidiary, Amalgamated Metal Corporation (M) Sdn. Bhd. (AMCSB), designs and fabricates specialized process equipment including shell and tube heat exchangers, pressure vessels, columns, and reactors for the petrochemical, oleochemical, oil and gas, power generation, and food and beverage industries. The company manufactures from carbon steel to exotic alloys (incoloy, inconel, monel, hastelloy) and provides turnkey engineering fabrication and contracting services, including equipment delivery, from facilities in Subang and Kuantan, Malaysia.
Product overview
APB Resources Berhad is an investment holding company whose primary operating subsidiary is Amalgamated Metal Corporation (M) Sdn. Bhd. (AMCSB), an ASME-certified fabrication company incorporated in 1982. AMCSB specializes in the design and fabrication of specialized process equipment including shell and tube heat exchangers, pressure vessels, and custom process equipment for the petrochemical, oleochemical, oil and gas, power generation, and general industries. The company's product portfolio spans upstream oil and gas separation equipment, refinery and petrochemical processing columns and reactors, heat recovery steam generators for power plants, and general industrial equipment such as agitators, hoppers, and rotary kilns. AMCSB operates manufacturing facilities in Subang and Kuantan, Malaysia, with extensive workshop capabilities including CNC machining, rolling, welding, and heat treatment services. The company manufactures from carbon steel to exotic materials (incoloy, inconel, monel, hastelloy, high chrome nickel alloys) and holds multiple ASME stamps (U, U2, S) and PED certifications.
Differentiator
Problem solved
Functional benefit
Products and services
- Amalgamated Metal Corporation (M) Sdn. Bhd. (AMCSB) Fabrication Services ASME-certified fabrication subsidiary specializing in the manufacture of pressure vessels, heat exchangers, and specialized process equipment for petrochemical, oil and gas, power, and general industries.
- Shell & Tube Heat Exchangers Manufactures various types of shell and tube heat exchangers using carbon steel, chrome molly, stainless steel (304L, 316L, 317L, 904L), Monel, nickel alloy, and copper nickel materials for industrial process plants.
- Oil & Gas Process Equipment Fabricates production separators, slug catchers, condensate stabilizers, scrubbers, KO drums, electrostatic coalescers/treaters, multi-cyclone scrubbers, mercury removal beds, hydrocyclones, filter separators, and launcher/receiver equipment for upstream oil and gas applications.
- Petrochemical & Chemical Equipment Manufactures stripping columns, absorbing columns, scrubbing columns, cryogenic vessels, reactors with internal and external coils, CR-MO reactors, reboilers, and polymerizer reactors for petrochemical and chemical processing plants.
- Oleochemical Equipment Fabricates fractionation columns, clad splitting columns, prehe exchangers, hydrogenation reactors, and distillation stills for the oleochemical industry.
- Power Generation Equipment Manufactures heat recovery steam generators (HRSG), HP/IP/LP steam drums, HRSG casings, steam condenser casings, feed water tanks, deaeration units, steam condensers for desalination plants, hydro power plant draft tubes, and stator/generator casings.
- General Industry Products Produces rotary kiln components, large diameter fabricated rubber lined pipe spools, aluminum products, custom agitators, general agitator mixers, food mixers, flare stacks, rotary valves, and hoppers.
- Equipment & Machinery Services Provides CNC laser cutting, water jet cutting, CNC cutting, CNC drilling, vertical turning, milling, rolling, welding, and heat treatment services with equipment including 5M diameter vertical lathe machines, post-weld heat treatment furnaces, and 350-ton crawler cranes.
- Equipment Delivery Services Offers logistics and delivery services for large equipment, utilizing proximity to Kuantan Port (approximately 7km from port of export) for road transport and shipping.
Quantifiable outcome
- Zero Defect Policy - committed to error-free products and timely services
Companies that use APB Resources
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
APB Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
APB Resources partnerships and signals
Strategic signalScale indicators7 records
Recent moves5 records
Expansion highlights4 records
APB Resources competitors and assessment
Company assessmentRegional players
- Deleum Berhad: Malaysian oil & gas services company providing specialized equipment, maintenance, and integrated services to upstream and downstream operators. Comparable as a Malaysian-listed industrial energy services peer serving overlapping oil & gas customers.
- Sapura Energy Berhad: Malaysian-listed integrated oil & gas services company with operations across drilling, energy services, and engineering & construction. Comparable as a Malaysian-listed industrial energy peer, though more focused on upstream services and EPC than equipment fabrication.
Broad incumbents
- Alfa Laval: Swedish-listed global leader in heat transfer, separation, and fluid handling equipment serving petrochemical, oil & gas, and power customers. Comparable as a major global shell-and-tube heat exchanger and process equipment manufacturer with overlapping product categories.
- Chart Industries: US-listed global leader in cryogenic and heat-transfer process equipment for LNG, petrochemical, and industrial gas applications. Comparable as a larger, publicly-listed process equipment manufacturer with overlapping heat-exchanger and pressure-vessel product lines.
- Babcock & Wilcox Enterprises: US-listed provider of steam generation and environmental equipment for power and industrial markets, including HRSGs, boilers, and pressure parts. Comparable given APB's HRSG pressure parts, steam drums, and power generation equipment fabrication capabilities.
- Larsen & Toubro (L&T) Heavy Engineering: Indian conglomerate with a heavy-engineering division that fabricates process equipment, pressure vessels, and reactors for global oil & gas and petrochemical customers. Comparable as a large Asian fabricator competing for similar EPC-led projects in oil & gas and petrochemical.
Emerging players
- Holtec International: US-headquartered heavy fabricator of pressure vessels, heat exchangers, and nuclear/industrial process equipment. Comparable given overlapping ASME-certified heavy fabrication capabilities and process-equipment serving energy customers.
- Hisaka Works Ltd: Japanese manufacturer specializing in plate heat exchangers and process equipment for chemical, petrochemical, and food industries. Comparable in heat-exchanger manufacturing for overlapping process industry customers, though smaller and more niche than APB.
Direct peers
- KNM Group Berhad: Malaysian-listed process equipment fabricator providing pressure vessels, heat exchangers, columns, and reactors for oil & gas, petrochemical, and power customers worldwide. KNM is the closest direct peer to APB given overlapping product portfolio, Malaysian base, and EPC customer base.
- Kelvion (formerly SPX Heat Transfer): German-headquartered global manufacturer of heat exchangers, pressure vessels, and process cooling equipment for oil & gas, petrochemical, and power industries. Directly comparable to APB's shell-and-tube heat exchanger and pressure vessel product lines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
APB Resources social profiles
Digital presenceAPB Resources compliance and trust
Trust signalCompliance4 records
APB Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
APB Resources leadership team
Management profileNumber of profiles
Profiles7 records
APB Resources subsidiaries and ownership
Company hierarchySubsidiaries3 records
APB Resources funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
APB Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about APB Resources
What does APB Resources do?
APB Resources Berhad is an investment holding company whose primary operating subsidiary, Amalgamated Metal Corporation (M) Sdn. Bhd. (AMCSB), designs and fabricates specialized process equipment including shell and tube heat exchangers, pressure vessels, columns, and reactors for the petrochemical, oleochemical, oil and gas, power generation, and food and beverage industries. The company manufactures from carbon steel to exotic alloys (incoloy, inconel, monel, hastelloy) and provides turnkey engineering fabrication and contracting services, including equipment delivery, from facilities in Subang and Kuantan, Malaysia.
Is APB Resources a public or private company?
APB Resources is a public company. It is classified as public and is currently operating.
When was APB Resources founded?
APB Resources was founded in 1982. It employs 251 to 500 people.
Where is APB Resources based?
APB Resources is headquartered in Shah Alam, Malaysia, in the Asia region.
How does APB Resources make money?
Three revenue lines are on record. Equipment Fabrication is the primary driver. The others are engineering Contracting Services and investment Holding.
Who are APB Resources's main competitors?
Regional players on record are Deleum Berhad and Sapura Energy Berhad. Broad incumbents are Alfa Laval, Chart Industries, Babcock & Wilcox Enterprises and Larsen & Toubro (L&T) Heavy Engineering. Emerging players are Holtec International and Hisaka Works Ltd. Direct peers are KNM Group Berhad and Kelvion (formerly SPX Heat Transfer).
Does APB Resources have an API?
No public API is recorded for APB Resources.
What industry is APB Resources in?
APB Resources's product category is Industrial Process Equipment Manufacturing. Its primary akta.pro industry code is EUALABAL, Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment). Its NAICS code is 333132 and its SIC code is 3533.