Tasek Corporation

What Tasek Corporation does

Tasek Corporation Berhad is a Malaysian integrated cement and construction materials manufacturer incorporated in 1962 and headquartered in Ipoh, Perak. The company commenced cement production in 1964 under the established Crocodile ("Cap Buaya") brand and currently operates an annual rated clinker production capacity of 2.3 million tonnes per year. It is a publicly listed entity on Bursa Malaysia (KLSE: TASEK) and a member of the Hong Leong Asia Ltd. conglomerate based in Singapore.

The company's product portfolio spans four lines: bag and bulk cement sold under the Crocodile brand, ready-mixed concrete supplied through wholly-owned subsidiary Tasek Concrete Sdn Bhd in the Klang Valley, clinker exported through a private jetty in Lumut, Perak, and quarry products supplied both internally and to external customers in steel, hygiene, and paper manufacturing via Tasek Cement Quarries Sdn Bhd. Production is anchored at the integrated Ipoh plant, with distribution handled through a dedicated terminal in Sungai Buloh serving the Klang Valley construction market.

Tasek operates as a B2B industrial manufacturer selling directly to construction contractors, developers, and infrastructure projects through an enterprise field sales motion. Pricing is quote-based and not publicly disclosed, consistent with commodity cement and concrete markets. The company's value proposition rests on vertical integration from quarry to finished concrete, established brand heritage, and logistics infrastructure including its private export jetty. Customer references include marquee Malaysian projects such as Tun Razak Exchange, Pavilion Bukit Jalil, Sunway University, Sunway Medical Centre, and BRT Sunway.

Name

Tasek Corporation

Legal name

Tasek Corporation Berhad

Website

https://tasekcement.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Tasek Corporation Berhad is a Malaysian integrated cement and ready-mixed concrete manufacturer operating under the Crocodile (Cap Buaya) brand since 1964, selling to construction contractors and developers through wholly-owned subsidiaries and a private export jetty.

Ownership category

akta.pro rank

Product category

Cement and Construction Materials Manufacturing

NAICS

Cement Manufacturing (327310), Cement Manufacturing (32731), Ready-Mix Concrete Manufacturing (32732), Cement and Concrete Product Manufacturing (3273)

SIC

Cement, Hydraulic (3241)

akta.pro primary industry

Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)

akta.pro secondary industry

Ready-Mix Concrete Production & Delivery (IMADAAAA)

Keywords

• Cement manufacturing
• Ready-mixed concrete
• Clinker production
• Quarry operations
• Construction materials

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Cement Sales: Manufactures and sells both bag cement and bulk cement for general purpose usage including general concrete works, mortar, grouts, bricklaying, plastering, and tiling. Revenue generated through direct sales to construction contractors and developers.
2. Ready-Mixed Concrete (RMC): Through wholly-owned subsidiary Tasek Concrete Sdn Bhd, supplies high quality ready-mixed concrete in the Klang Valley. Revenue generated through supply contracts with construction projects.
3. Clinker Export: Clinker produced in the kilning stage is exported through the company's private jetty in Lumut, Perak. Clinker is the nodular material used to manufacture cement.
4. Quarry Products: Tasek Cement Quarries Sdn Bhd supplies raw materials for in-house manufacturing of clinker as well as to external customers in steel manufacturing, hygiene products, and paper products industries.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Tasek Corporation Berhad manufactures and supplies cement (bag and bulk) under its established Crocodile 'Cap Buaya' brand, ready-mixed concrete (RMC) in the Klang Valley through wholly-owned subsidiary Tasek Concrete Sdn Bhd, clinker exported via a private jetty in Lumut, Perak, and quarry raw materials for in-house use and external industrial customers. The company operates one of the oldest integrated cement plants in Malaysia, located in Ipoh, Perak.

Product overview

Tasek Corporation Berhad is a cement and construction materials manufacturer operating as an integrated operation. The company produces four main product lines: Cement (offered in bag and bulk formats under the Crocodile 'Cap Buaya' brand), Ready-mixed Concrete (supplied through subsidiary Tasek Concrete Sdn Bhd), Clinker (intermediate cement product exported via private jetty), and Quarry raw materials. The integrated model allows raw material extraction, clinker production, cement manufacturing, and ready-mix concrete supply to work as a cohesive construction materials portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• Crocodile (Cap Buaya): Established cement brand of Tasek Corporation Berhad.

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Hume Cement Industries Berhad: Malaysian cement producer with clinker, cement, and concrete operations, focused primarily on the southern Malaysian and Singaporean export markets. Comparable integrated cement and concrete supply model and overlapping customer base with Tasek in Malaysian construction.
• YTL Cement Berhad: Malaysia-based integrated cement manufacturer and part of the YTL Corporation group, producing bag cement, bulk cement, clinker, and aggregates. It is a direct competitor to Tasek for construction projects across Peninsular Malaysia and competes for the same pool of construction contractors and developers.
• Ann Joo Cement Berhad: Malaysian cement manufacturer producing Portland cement and clinker at its integrated plant in Padang Rengas, Perak. Operates a comparable product mix to Tasek and competes for Malaysian bulk and bag cement demand, making it a close mid-sized Malaysian peer.
• Asia Cement Corporation (Asia Cement Malaysia): Subsidiary of Taiwanese cement group Asia Cement Corporation, operating an integrated cement plant in Sarawak. Comparable in producing bag cement, bulk cement, and clinker with similar operational structure to Tasek and targeting the broader Malaysian construction market.
• Malayan Cement Berhad (formerly CIMA / Lafarge Malaysia): Malaysian integrated cement and RMC producer formed from the merger of Cement Industries of Malaysia (CIMA) and Lafarge Malaysia. It is the dominant Malaysian cement peer to Tasek, operating similar bag cement, bulk cement, clinker, and ready-mixed concrete lines under well-known heritage brands and competing for the same Klang Valley and national construction projects.

Broad incumbents

• Heidelberg Materials Malaysia: Malaysian arm of global cement major Heidelberg Materials, producing cement and aggregates under the established Heidelberg brand. Comparable product portfolio (bag/bulk cement, aggregates, RMC) but backed by significantly larger global scale and broader R&D resources than Tasek.
• Siam Cement Group (SCG): Large Thai-listed conglomerate with major cement and building materials operations across ASEAN. While not a direct Malaysian competitor, SCG operates similar integrated cement-to-concrete value chains regionally and is referenced when benchmarking Malaysian cement producers against broader Southeast Asian scale players.
• Holcim Malaysia (now part of Malayan Cement): Historical global cement major's Malaysian subsidiary, now consolidated into Malayan Cement. Cited as a heritage brand peer similar to Tasek's Crocodile brand and continues to influence Malaysian cement market structure and pricing dynamics relevant to Tasek's positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Tasek Corporation