What Hextar Industries does

Hextar Industries Berhad is a Malaysian publicly listed investment holding company (ACE Market of Bursa Malaysia, ticker: HEXIND) operating through three core business segments: fertilizer manufacturing and distribution, quarry industrial equipment distribution, and tent, event, and lifting equipment rental. The company was incorporated in December 2011 as an investment holding entity and listed on 13 February 2014 (originally as SCH Group Berhad, rebranded to Hextar Industries Berhad in 2021). It is a subsidiary of family-controlled Hextar Holdings Sdn Bhd, with major shareholders Dato' Ong Choo Meng and Dato' Ong Soon Ho. Operations trace back to 1983 via Sin Chee Heng Sdn Bhd's industrial product distribution business, later expanded through the 2018 acquisitions of PK Fertilizers (Sarawak) and TK Rentals, and most significantly through the December 2022 RM480 million acquisition of Hextar Fertilizers Ltd which lifted fertilizer production capacity to 679,000 metric tonnes per annum.

The fertilizer segment manufactures and distributes NPK compound (granulation/compaction), straight and bulk blend, organic, and specialty fertilizers — including controlled-release formulations using proprietary polymer resin coating — under multiple SIRIM-accredited brands (KAKA, SEA HORSE, CHB, Bee, Pearl, Red Hand, Multifert, LEILI) and supplies export markets including Indonesia, Vietnam, Myanmar, and Thailand. Manufacturing is ISO 9001:2015 certified and supported by a self-blending facility. The quarry equipment segment distributes crushers, hydraulic rock drills, breakers, heavy machinery, wire-mesh grills, and spare parts to over 500 domestic quarrying customers across Malaysia and Southeast Asia, offering turnkey solutions from drilling and blasting through crushing and screening. The tent and lifting equipment segment (via wholly-owned TK Rentals Sdn Bhd, acquired 2018) provides temperature control systems, power generators, canopies, air-conditioning, and Toyota forklift rental/sales to events and industrial clients across 14+ countries in Asia, the Middle East, and Africa.

The business model is hardware-led across all three segments, generating revenue through product sales, equipment rental, and after-sales servicing. Go-to-market is primarily direct sales and enterprise field sales with regional distribution entities in Malaysia (Sabah, Sarawak, Johore, Kuantan), Cambodia, and export channels via the Hextar Fertilizers Ltd network. Customers span agriculture (farmers, plantations), mining and construction (quarry operators), events and hospitality (organizers), and logistics and warehousing (material handlers). Pricing is quote-based and not publicly disclosed. The group employs 101–250 people, is headquartered in Klang, Selangor, and is committed to Net Zero Carbon Emissions by 2050.

Name

Hextar Industries

Legal name

Hextar Industries Berhad

Website

https://hextarindustries.com

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Hextar Industries Berhad is a Malaysian publicly listed industrial holding company (HEXIND on Bursa Malaysia) operating three segments: fertilizer manufacturing and distribution (679,000 MT/annum capacity post-2022 HFL acquisition), quarry equipment distribution to over 500 domestic customers, and tent, event, and lifting equipment rental across 14+ countries in Asia, the Middle East, and Africa.

Ownership category

akta.pro rank

Product category

Agricultural Inputs and Industrial Equipment Manufacturing

NAICS

Mining Machinery and Equipment Manufacturing (333131), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

Commodity Risk Management, Hedging & Brokerage (Food) (AFAIAKAK)

akta.pro secondary industries

Underground Mining Equipment (Loaders/LHDs, Continuous Miners, Longwall Systems) (IMAKANAB), Conveying, Hoisting & Materials Handling Systems (Conveyors, Stackers/Reclaimers, Winches) (IMAKANAE)

Keywords

• Fertilizer manufacturing
• Quarry equipment distribution
• Tent equipment rental
• Lifting equipment trading
• Crop management solutions

Headquarters

HQ city

Selangor

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Fertilizer Manufacturing and Distribution: Manufacturing and distribution of a full range of fertilizers including NPK Compound, Straight & Mixture, Organic Fertilizers, and Specialty Fertilizers. The company expanded its production capacity eightfold to 679,000 metric tonnes per annum following the RM480 million acquisition of Hextar Fertilizers Ltd in December 2022.
2. Quarry Equipment Distribution and Turnkey Solutions: Leading quarry industrial equipment distributor supplying quarry machinery, equipment, spare parts, and turnkey solutions to over 500 domestic customers in mining and construction industries across Malaysia and Southeast Asia. Services include supply, installation, and on-site maintenance.
3. Tent & Lifting Equipment Rental and Sales: Rental of temperature-controlled fluid systems, canopies, ATS structures, power generation, event equipment, and Toyota forklifts. The division also sells lifting equipment and provides after-sales maintenance including servicing, repairing, and reconditioning.
4. Export Revenue from Fertilizers: Export of fertilizers to international markets including Indonesia, Vietnam, Myanmar, and Thailand, leveraging HFL's strong global network. The company expanded into export markets following the 2022 acquisition.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Hextar Industries Berhad is a Malaysian publicly listed investment holding company that manufactures and distributes a complete range of fertilizers (NPK Compound, Straight & Bulk Blend, Organic, and Specialty including controlled-release formulations) and supplies quarry and mining equipment (crushers, heavy machinery, hydraulic tools, grills, spare parts). It also rents temperature-control systems, power generators, tent and event equipment, and trades/rents Toyota forklifts and reach trucks. The group serves agricultural, mining/construction, events, and logistics customers across Malaysia, Southeast Asia, the Middle East, and Africa.

Product overview

Hextar Industries Berhad is a multi-segment industrial company with three core business divisions: (1) Fertilizers - manufacturing and distribution of NPK Compound, Straight & Bulk Blend, Organic, and Specialty Fertilizers (Controlled Release, Slow-Release, Foliar, Micronutrients) with ISO 9001:2015 certification; (2) Quarry Equipment - distribution of turnkey products including Crushers (Cone-Bac, Crawler-Mounted, Vertical-Shaft Impact), Heavy Equipment (Dump Trucks, Rock Drills), Machinery (Hydraulic Breakers, Rippers, Rock Splitters), Grills (Wire Mesh screens), and Spare Parts serving over 500 domestic customers; (3) Tent & Lifting Equipment - rental solutions including Temperature Control Systems, Power Generators, Tent & Event Equipment (canopies, AC, generators, lighting), and Toyota Lifting Equipment (forklifts, reach trucks). The company operates as a unified portfolio serving agricultural, mining, construction, and event industries.

Differentiator

Problem solved

Functional benefit

Brands

• KAKA: Local NPK Compacted Compound fertilizer brand, SIRIM accredited. Includes formulations such as KAKA 65 (15:15:15), KAKA 55 (15:15:6:4+TE), KAKA 45 (12:12:17:2+TE), KAKA 44 (12:6:22:3+TE).
• SEA HORSE
• CHB
• Bee
• Pearl
• LEILI
• Red Hand
• Multifert
• High Green
• CHB SEAKING
• BAJA KAWAN
• KAMAS SUPER
• HARVEST KING
• Jordan Rock Phosphate
• TK Rentals
• SCH Group

Products and services

• NPK Compound Fertilizers Granulation/compaction fertilizers containing two or more nutrients with homogenous nutrient contents in each granule, suitable for manual and mechanical fertilization methods. Includes locally compacted NPK (brands KAKA, SEA HORSE, CHB, Bee, Pearl, CHB SEAKING) and imported premium NPK compounds from Europe and East Asia. Sold to farmers, plantations, and agribusiness enterprises across Malaysia and Southeast Asia.
• Straight and Bulk Blend Fertilizers Straight fertilizers containing single or multiple nutrients from raw materials and bulk blend / mixture fertilizers produced through physical mixing of various straight fertilizers in powder or granular form via Hextar's self-blending facility. Includes BAJA KAWAN, KAMAS SUPER, HARVEST KING bulk blends and Jordan Rock Phosphate straight fertilizer. Sold to agricultural buyers requiring customized nutrient mixes.
• Organic Fertilizers Organic-enriched NPK compound fertilizers enriched with organic matter and alga fertilizers, providing combined chemical and organic fertilization for better quality produce and greater yields. Includes the CHB SEAKING sub-brand and LEILI Organic range (certified organic by IMO & ECOCERT). Targeted at organic farming operations and plantations seeking certified-input supply.
• Specialty Fertilizers Specialty fertilizers providing unique functions including polymer-resin-coated controlled-release fertilizers (CRF), slow-release micronutrients, foliar fertilizers (including LEILI seaweed-based foliar products certified organic by IMO & ECOCERT), and micronutrient fertilizers (High Green brand). Targeted at cash crops, fruit orchards, rubber and forest plantations with precise nutrient management needs.
• Quarry Equipment and Machinery Comprehensive quarry and mining equipment portfolio including crushers (Cone-Bac Epoxy Backing, Crawler-Mounted Jaw Crusher, Vertical-Shaft Impact Crusher), heavy equipment (Dump Trucks, Drifters, Filter Oil, Hydraulic Rock Drills, Rock Tools), machinery (Anti-Shock equipment, Hydraulic Breakers/Hammers, Hydraulic Rippers, Rock Splitters, Pile Drivers, Quick Couplers), wire-mesh grills (Diamond Shape Screens, High Carbon Steel Screens), and spare parts (conveyor belts, rollers, fasteners, blasting equipment, drilling agents). Distributed to over 500 domestic quarry and mining operators across Malaysia and Southeast Asia, with on-site maintenance, safety education, and product training.
• Temperature and Power Control System Rentals Rental of temperature-controlled fluid systems including Air Cooled Chillers and Water Cooled Chillers, plus power generation and distribution equipment, intended for interim cooling needs during breakdown, overhauling, upgrading, or retrofitting of air-conditioning systems, and for events requiring temperature-controlled environments. Operated through the TK Rentals Sdn Bhd subsidiary (formerly TK Tent & Air-Conditioning Rental).
• Tent and Event Equipment Rental One-stop event equipment rental offering canopies, ATC structures, air-conditioning systems, mist fans, power generator sets, lighting, tables and chairs, and accessories for events. Serves event organizers and businesses in Malaysia and across Asia, the Middle East, and Africa.
• Lifting Equipment (Toyota Forklifts and Reach Trucks) Trading, leasing, and rental of Toyota forklifts and reach trucks imported from Japan for material handling, with customizable options, warranty, and after-sales maintenance services including servicing, repairing, and reconditioning. Targeted at warehouses, factories, logistics operators, and event venues.

Quantifiable outcome

• Production capacity increased 8-fold from 75,000 to 679,000 metric tonnes per annum after RM480 million acquisition
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• TK Rentals Sdn BhdcoreChannel Partner/ Reseller/ DistributorTK Rentals Sdn Bhd is a subsidiary acquired in 2018 as part of Hextar Industries' diversification into the event equipment rental business (formerly TK Tent & Air-Conditioning Rental). The division operates as a one-stop solution center for event equipment rental including temperature control, power generation, canopies, air conditioning, generators, lighting, tables, chairs, and accessories. It has served international events across Asia, Middle East, and Africa.
• PK Fertilizers (Sarawak) Sdn BhdcoreStrategic or Co-development PartnerAcquired in 2018 as part of the group's diversification into fertilizer manufacturing business. PK Fertilizers (Sarawak) is a top-tier fertilizer manufacturer company that contributed to expanding Hextar's fertilizer manufacturing footprint, particularly in East Malaysia.
• Hextar Fertilizers LtdcoreStrategic or Co-development PartnerHextar Fertilizers Ltd (HFL) was acquired by Hextar Industries Berhad in December 2022 for RM480 million via issuance of 1.6 billion new shares. HFL is now a wholly-owned subsidiary of HIB and comes with a profit guarantee of RM94 million aggregate over two years. The acquisition increased the company's production capacity from 75,000 to 679,000 metric tonnes per annum and expanded the company's export reach through HFL's strong global network.
• LEILI (Seaweed-based foliar fertilizers)minorChannel Partner/ Reseller/ DistributorHextar distributes various types of LEILI Seaweed-based foliar fertilizers with multiple functions, specially formulated for a wide range of cash crops and fruit orchards. LEILI Organic range products are certified as Organic Products by IMO & ECOCERT and are suitable for organic farming.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Behn Meyer Group: Malaysian-headquartered specialty chemicals and fertilizer distributor serving Southeast Asia. Directly comparable to Hextar's fertilizer segment given overlapping customer base, agronomic distribution model, and the prior role of HIB's Group Managing Director at Behn Meyer's Malaysian operations.
• Astec Industries: U.S.-based manufacturer of equipment for aggregate, mining and infrastructure markets including crushers, screens and material handling. Directly comparable to Hextar's quarry equipment distribution portfolio across crushing, screening and materials handling.
• Haifa Group: Global specialty fertilizer company focused on controlled-release, water-soluble and foliar nutrition. Directly comparable to Hextar's specialty fertilizer division (Red Hand, LEILI, Multifert) given overlapping product types and high-value crop focus.
• Aggreko: Global provider of temporary power, temperature control and event infrastructure rentals. Directly comparable to Hextar's TK Rentals division (Air/Water Cooled Chillers, generators, canopies, event AC) across both event and industrial temporary-power use cases.

Broad incumbents

• Metso: Global aggregates and mining equipment manufacturer covering crushers, screens and process equipment that overlap with Hextar's quarry equipment portfolio (Cone-Bac, VSI, jaw crushers). Comparable as a broader incumbent in the same equipment categories Hextar distributes.
• Sandvik: Global mining and rock processing equipment manufacturer whose drills, loaders and tools overlap with Hextar's heavy equipment and quarry machinery lines. Comparable as a global incumbent in mining/quarry equipment.
• ICL Group: Global specialty fertilizers and specialty minerals producer whose controlled-release and specialty plant-nutrition lines overlap with Hextar's Red Hand/Multifert CRF and foliar ranges. Comparable as a specialty-nutrition incumbent.
• Yara International: World's largest nitrogen fertilizer producer with global crop-nutrition solutions. Comparable to Hextar as a broad incumbent in the same NPK and crop-nutrition categories that form Hextar's largest segment.
• Caterpillar: Largest global manufacturer of construction and mining equipment, overlapping with Hextar's quarry heavy equipment range (dump trucks, hydraulic rock drills, hydraulic breakers, rippers). Comparable as a broad incumbent in mining/construction equipment.

Regional players

• Hiap Teck Venture Berhad: Malaysian-listed steel products and quarry/mining materials distributor serving domestic construction and infrastructure markets. Comparable as a regional peer exposed to Malaysian quarrying, construction materials and aggregates demand that also drives Hextar's quarry equipment franchise.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/hextarindustriesberhad

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries11 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 Hextar Industries