AYS Ventures

What AYS Ventures does

AYS Ventures Berhad is a Malaysian integrated steel solutions provider that combines materials trading, in-house manufacturing, and downstream services. Founded in 1982 as Ann Yak Siong Hardware by Oh Chiew Ho in Klang, the company has operated in steel for over four decades and listed on the Bursa Malaysia Main Market in 2012 under ticker AYS (5021). It reports a workforce in the 501–1,000 employee range.

The company stocks more than 149,000 metric tons of steel across 20+ acres of warehousing land in Klang, with a combined factory and warehousing footprint of approximately 578,000 sq ft. Its manufactured range includes steel purlins, truss decks, and custom structural steel components. Through a 2016 joint venture with Japan's Kondo Steel Corporation and Okaya & Co Ltd, AYS added Building Information Modelling (BIM)-based steel design capability, moving it partially up the value chain from stockist to design-supply partner.

AYS generates revenue across an integrated value chain: steel materials trading sourced from regional and international mills, made-to-spec fabrication, and project-related services including design and supply coordination. Its customer base spans construction, infrastructure, manufacturing, and industrial projects across Malaysia, China, Laos, the Middle East, Singapore, Vietnam, South Africa, and ASEAN markets more broadly. Reported revenue was RM562.508M in FY2018 (FY2017: RM530.085M; FY2016: RM591.35M) with FY2018 net profit of RM23.531M, indicating cyclical-to-flat top-line with improving margin discipline. In December 2020, the company acquired an additional 23.51 acres of industrial land in Klang for RM43.012M to support long-term capacity expansion.

Name

AYS Ventures

Legal name

AYS Ventures Berhad

Website

https://ays-group.com

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

501–1,000 employees

Short description

AYS Ventures Berhad is a Klang, Malaysia-based integrated steel solutions provider trading, manufacturing, and distributing structural steel products and custom-fabricated components, with operations across ASEAN, China, the Middle East and Africa since 1982.

Ownership category

akta.pro rank

Headquarters

HQ city

Klang

HQ country

Malaysia

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel Trading: Trading and distribution of steel and building materials predominantly within the APEC region of Malaysia and neighboring regions. Stocks over 149,000 metric tons of materials across 20+ acres of warehousing land.
2. Manufacturing: Manufacturing division specialising in producing steel purlins, truss decks and customised structural steel components for the steel construction sector.
3. Services: Steel service centre with automated cut and drill beam processing, 3D BIM modelling service, project management services, and warehousing and storage services.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

AYS Ventures is a total steel solutions provider operating three divisions: Trading (distribution of steel and building materials stocking 149,000+ metric tons across 20+ acres of warehousing in the APEC region), Manufacturing (production of steel purlins, truss decks, and customized structural steel components using automation machining technology), and Services (fully automated cut and drill beam processing, 3D BIM modelling, project management, and warehousing at Port Klang Free Zone). The company serves construction, fabrication, and manufacturing customers across Malaysia and export markets.

Product overview

AYS Ventures Berhad is a steel solutions provider operating three core divisions: Trading (steel and building materials distribution with over 149,000 metric tons of materials across APEC region), Manufacturing (steel purlins, truss decks, and customized structural steel components with automation machining technology), and Services (steel service centre, 3D BIM modelling, project management, and warehousing in Port Klang Free Zone). The group operates through multiple subsidiaries including Ann Yak Siong Hardware Sdn Bhd, AYS Marketing Sdn Bhd, AYS Metal Products & Engineering Sdn Bhd, CH Yodoform Sdn Bhd, AYS (FZ) Sdn Bhd, AOK Engineering Services Sdn Bhd, and Steelaris Pte Ltd (Singapore).

Differentiator

Problem solved

Functional benefit

Products and services

• Steel and Building Materials Trading Division The leading steel and building materials distributor predominantly within the APEC region of Malaysia and neighboring regions, stocking over 149,000 metric tons of materials across over 20 acres of warehousing land. Serves construction, fabrication, and manufacturing companies.
• Steel Manufacturing Division Produces steel purlins, truss decks, and customized structural steel components for the steel construction sector. Equipped with state-of-the-art facilities including cutting-edge automation machining technology facilitating industrial 4.0 advancements.
• Steel Services Division Total steel solutions provider offering fully automated cut and drill beam and steel service centre, dedicated 3D BIM modelling service, complete project management services, and warehousing and storage services in the Port Klang Free Zone.
• Structural Steel Products (Carbon Steel Plates) High quality structural steel grade carbon steel plates supplied to various global industries, offering high yield and high strength with various finishes and testing options. Specifications include ASTM (A36, A572, A992), EN 10025-2004 (S275JR, S355 JR & JO), and JIS standards (JIS G3101 SS400, JIS G3106, JIS G3136).
• 3D BIM Modelling Service

Quantifiable outcome

• 236% increase in net profit to RM27.8 million in FY17 from RM8.3 million in FY16
• +2 more outcomes

Named customers2 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

Three partnerships are on record, tiered core and minor.

• Kondo Steel CorpcoreStrategic or Co-development Partner · 1 January 2016Joint venture partner with Okaya & Co Ltd for AOK Engineering Service Sdn Bhd. Kondo Steel already works with major Japanese construction companies and brings fabrication expertise for BIM-enabled steel structure detailing. AYS Ventures and Kondo Steel each hold 45% stake in the joint venture company focused on the 2020 Tokyo Olympics construction projects and Asia Pacific market.
• Okaya & Co LtdcoreStrategic or Co-development Partner · 1 January 2016Joint venture partner with Kondo Steel Corp for AOK Engineering Service Sdn Bhd. Okaya & Co holds 6% stake and Okaya International (Malaysia) Sdn Bhd holds 4%. The partnership focuses on supporting Japanese construction firms with BIM technology for the 2020 Tokyo Olympics and expanding to Southeast Asian markets.
• Golden Valley Industries Sdn BhdminorOthersSeller of freehold land in Klang acquired by Ann Yak Siong Hardware Sdn Bhd (wholly-owned subsidiary of AYS Ventures) for RM43.012 million. Golden Valley Industries is a subsidiary of Klanggroup Holdings Sdn Bhd. The 23.51-acre land acquisition is for warehouse and operation facility expansion.

Scale indicators15 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Ann Joo Steel Berhad: Major Malaysian steel manufacturer and trader serving construction and fabrication customers. Directly comparable to AYS Ventures in product mix (steel sections, plates), customer base (construction/fabrication), and Malaysian market focus.
• CSC Steel Holdings Berhad: Malaysian-listed steel products manufacturer and distributor with overlapping product lines (steel sections, plates) and similar exposure to regional construction demand. Comparable scale and B2B distribution model.
• Hiap Teck Venture Bhd: Malaysian steel distributor and manufacturer focused on construction-grade steel products. Closely comparable to AYS in trading-distribution-plus-fabrication business model and APEC customer base.
• Malaysia Steel Works (KL) Bhd: Malaysian steel manufacturer producing long and flat steel products for construction and general industries. Direct competitor with overlapping customer base and product offerings.

Broad incumbents

• ArcelorMittal: Global steel giant and major supplier of construction steel worldwide. Comparable product category and global pricing influence, but orders of magnitude larger than AYS.
• POSCO: South Korean integrated steel giant supplying construction-grade steel globally. Comparable in product category but vastly larger scale and upstream mill ownership; AYS competes as a downstream distributor/buyer.
• Tata Steel Limited: Global integrated steel manufacturer with significant presence in construction-grade steel across Asia. Comparable product lines but much larger scale and broader geographic footprint than AYS.
• Nippon Steel Corporation: Japan's largest steelmaker and a strategic partner's home country anchor for AYS's JV. Comparable in steel products serving Japanese construction; vastly larger scale, relevant as upstream supplier and JV partner reference.

Regional players

• Lion Industries Corporation Berhad: Malaysian industrial conglomerate with a significant steel manufacturing arm (Lion Steel). Comparable in steel products and Malaysian market presence, though broader portfolio reduces direct comparability.
• Eastern Steel Sdn Bhd: Malaysian steel manufacturer producing billets, slabs, and structural steel for construction and infrastructure. Comparable product mix but primarily upstream mill operations versus AYS's distribution-led model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries7 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 AYS Ventures