Mercury Industries BerhadMercury Industries Berhad

(Stock Code 8192)
Mercury Indsutries Berhad (“MIB”) began back in 29th October 1975 with its core business of trading in automotive paints and refinish products serving the local automotive industry. The Group’s success has culminated in it being listed on the main board of Bursa Malaysia since 1991 with its core business expanding to cover emerging markets such as People’s Republic of China, ASEAN countries, Australia and the Middle East.

Notwithstanding the Group’s success throughout the years, it embarked on a corporate restructuring exercise back in August 2015 to diversify and tap into the construction industry resulting in the disposal of its automotive paints and refinish business thus, evolving its core business to civil & building construction, trading of building materials and services industry serving mainly, property developer clients.  read more

Today, MIB takes on the role of main contractor for medium to large sized projects and performs project management services for its clients with expertise in several fields such as trading in building materials, ID and M&E services.

Our objective is to provide our clients with assurance in our services while executing their projects with clear communication and follow through procedures ensuring client’s interests are always our top priority.

Over the course of MIB’s history via Paramount Bounty Sdn Bhd, the Group has accumulated its expertise in designing and constructing building of different architectures ranging from commercial lots, luxury condominiums, medium cost high rise apartments and landed properties. With the adoption of its new core business and success in delivering projects in excess of RM800 Million, the Group has laid the foundations to be a market leader in the years to come.

Nevertheless, the Group continues to invest in modern business practices and management techniques in order to ensure that it remains at the cutting edge of the construction industry. The Group continues to build on our reputation with its main focus in growing the ability of its business and delivering successfully in new and innovative ways.


VISION


The Group strives to be a respectable building contractor delivering beyond expectations, further enhancing the profile of their clients with superior quality finishing and services beyond expectation.



MISSION


To procure projects at competitive pricing, provide a safe working environment, deliver quality work within the stipulated timeframe and exceeding client’s expectations, while keeping the interest of our stakeholders.

Fazrin Azwar Bin Dato' Md. Nor

Chairman / Senior Independent
Non-Executive Director
Malaysian, Male
Appointed on 19 July 2006

Encik Fazrin Azwar was appointed as an Independent Non-Executive Director of the Company on 19 July 2006. He was subsequently appointed as the Chairman of the Board on 17 August 2006. On 23 May 2007 he was appointed as the Senior Independent Non-Executive Director. He also serves as the Chairman of the Nomination Committee and is a member of the Audit and Remuneration Committees.
He graduated from the University of Malaya with a Bachelor of Law (LLB) Honours Degree in 1990. He is an Advocate and Solicitor and a member of the Malaysian BAR. He is currently the Managing Partner of Messrs Azwar & Associates.
He is also the Independent Non-Executive Chairman of Daya Materials Berhad and an Independent Non-Executive Director of Poh Kong Holdings Berhad and Tong Herr Resources Berhad, all listed on the Main Market of Bursa Malaysia Securities Berhad.
He is also an Independent Non-Executive Director of Times Offset (M) Sdn Bhd and a Non-Executive Director of Kuchinta Group of Companies.
He is a chartered member of The Malaysian Institute of Directors and The Institute of Internal Auditors Malaysia.
He does not have any conflict of interest with the Company nor has he any family relationship with any other Directors and/or major shareholders of the Company. He has not been convicted for any offences, other than traffic offences (if any) within the past five (5) years nor received any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
He has attended all the five (5) Board meetings held during the financial year ended 31 December 2017.

Dato' Tiong Kwing Hee

Managing Director
Malaysian, Male
Appointed on 7 August 2000

Dato’ Tiong was appointed as an Executive Director of the Company on 7 August 2000. On 20 July 2017, he was re-designated as the Managing Director. He served as a member of the Remuneration Committee of the Company until 27 February 2018.
He obtained a Bachelor of Arts (Hons) majoring in Business Administration from Hanover College, United States of America in 1982 and a Master Degree in Business Economics from Miami University, United States of America in 1983.
He started his career with Sim Lim Holdings Berhad in 1983 as Executive Officer in charge of corporate finance and was promoted to Manager in 1984 and General Manager in 1985. He left Sim Lim Holdings Berhad in 1987 following his venture into the timber industry and became a shareholder cum director of marketing in Wansuria Sdn Bhd. He was a substantial shareholder in London Pacific Ltd, a company listed on the New Zealand Stock Exchange between 1988 and 1994. In 1994, he left the timber industry when he sold off his stake in Wansuria Sdn Bhd. In 1995, he joined D-Systems Pte Ltd, a Singapore based company with exclusive distribution rights of drywall system from United States of America for Asia Pacific region, as the Chief Executive Officer. In 1997, he was head hunted on a two (2) years contract as an Executive Director of a listed company to prepare the said company for a corporate restructuring.
During the course of his career, he has been directly involved in various industrial sectors including corporate finance, financial services, manufacturing, plantations, property, construction, education, leisure, entertainment and mineral resources. He has extensive hands-on experience, knowledge and exposure in international business, corporate planning, restructuring and corporate turnaround.
Dato’ Tiong is also currently the Group Chief Executive Officer / Executive Director of EcoFirst Consolidated Bhd.
Save as disclosed under the ‘Other Information - Material Contracts’ of the Corporate Governance Overview Statement on this Annual Report, he does not have any conflict of interest with the Company nor has he any family relationship with other directors and/ or major shareholder of the Company. He has not been convicted for any offences, other than traffic offences (if any) within the past five (5) years nor received any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
He has attended all the five (5) Board meetings held during the financial year ended 31 December 2017

Dato’ Ting Heng Peng

Independent Non-Executive Director
Malaysian, Male
Appointed on 20 July 2017

Dato’ Ting was appointed to the Board of the Company on 20 July 2017 and is currently the Chairman of the Remuneration Committee and a member of the Audit and Nomination Committees.
Dato’ Ting graduated from University of Windsor, Ontario, Canada with a Bachelor of Commerce degree (Hons) in 1982. Upon graduation, he went to England where he read law at the University of Essex. Dato’ Ting obtained his Bachelor of Law (Hons) in 1985. Following Dato’ Ting’s admission as a barrister by Lincoln’s Inn, London in 1986, Dato’ Ting came back to Malaysia and was called to the Malaysian Bar in 1987. Dato’ Ting has been in active legal practice as advocate and solicitor since 1987. He is currently the managing partner of Ting Asiah & Co.
Dato’ Ting is also an Independent Non-Executive Director of D.B.E. Gurney Resources Berhad until his resignation on 8 December 2017, Supermax Corporation Berhad as well as CSF Group PLC, a company listed on the London Stock Exchange in Alternative Investment Market.
He does not have any conflict of interest with the Company nor has he any family relationship with other director and/or major shareholders of the Company. He has not been convicted for any offences, other than traffic offences (if any) within the past five (5) years nor received any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
Subsequent to his appointment to the Board, he has attended the two (2) Board meetings held during the financial year ended 31 December 2017.

Koo Hoong Kwan

Independent Non-Executive Director
Malaysian, Male
Appointed on 19 July 2006

Mr Koo was appointed as an Independent Non-Executive Director of the Company on 19 July 2006. He currently serves as the Chairman of the Audit Committee and is a member of the Nomination and Remuneration Committees of the Company.
He obtained the Degree of Bachelor in Economics (Honours) from the University of Malaya in 1969. He is a Fellow Member of the U.K. Chartered Institute of Management Accountants and is also a member of the Malaysian Institute of Accountants (CA[M]). Additionally, he is a Certified Financial Planner and a Certified Quality Trainer. He commenced his working career as a Statistician in the Department of Statistics in 1969 and subsequently took up accountancy in 1976. He has had a very diverse professional career. Between 1979 and 1982 he worked as an audit senior in an U.K. firm of Chartered Accountants and gained substantial auditing experience covering a wide range of business entities operating in different industries. He extended his auditing experience with a firm of Chartered Accountants in Perth when he moved to Australia in 1983. He subsequently joined a listed group of companies and worked as a Finance Manager, gaining exposure in a wide variety of industries. He later joined a firm of financial consultants as a freelance consultant advising on corporate debt re-structuring strategies.
Upon his return to Malaysia in 1992, he worked as a Financial Controller in a shipping agency. Between 1998 and year 2000 he worked for Pancaran Ikrab Berhad as the Group Financial Controller and later had a short stint with the Company in a similar capacity.
Mr Koo also sits on the board of Benalec Holdings Bhd as an Independent Non-Executive Director.
He does not have any conflict of interest with the Company nor has he any family relationship with other directors and/or major shareholders of the Company. He has not been convicted for any offences, other than traffic offences (if any) within the past five (5) years nor received any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
He has attended all the five (5) Board meetings held during the financial year ended 31 December 2017.

Our Businesses

Click on the individual company names below to see their details

Construction
Paramount Bounty Sdn Bhd

PBSB was incorporated back on 19th January 2007 as a private limited company, undertaking civil engineering and building construction works with expertise in constructing commercial shop lots, shop offices, buildings & commercial complexes, residential apartments & condominiums and renovation works on hotels. PBSB embarked on their first construction project back in December 2009 with the successful completion of Cova Suites, which comprises of a 5-storey car park podium and 3 tower blocks of 21 – 23 storey consisting of condominium units. Since then, PBSB has grown in leaps and bounds with completed projects in the region of RM800 Million culminating in its acquisition by Mercury Industries Berhad in August 2015, providing a platform for PBSB to undertake larger scale projects.
PBSB is a company registered with CIDB, holding a Grade 7 license which enables it to tender for projects of unlimited contract value in the general building and construction works and civil engineering works however, excluding works requiring technical licences or personnel.

Building Materials
Mercury Building Supplies Sdn Bhd

Mercury Building Supplies Sdn Bhd (f.k.a. Andaman Marketing Sdn Bhd) is the trading arm of MIB group, dealing in building materials with its main objective of supplying quality building materials for construction needs to our clients. MBS is a wholly owned subsidiary of the MIB Group of Companies since its acquisition back in 2017.
As on one of the main suppliers for the Group, MBS supply a variety of products ranging from steel bars & BRC, cement, floor & wall tiles, sanitary ware, ironmongery, plywood, scaffolding equipment and petroleum products at competitive prices for added value to our clients as our products are sourced directly from manufacturers. To date, we have a range of clientele which includes developers, civil contractors, building contractors and infrastructure contractors.
In withstanding changes in the market and competition from other industry players, our pricing strength is determined via our financial capacity, extended support from our manufacturers and management efficiency. MBS’s underlying principal is to ensure competitive prices, quality of products and efficient services towards its clients.

Projects


LIBERTY arc @ Ampang Ukay, Selangor

Client: Pujian Development Sdn Bhd
Status: On-going
Completion: 2019
Contract Sums: RM230 million

  more . .

Liberty Arc @ Ampang Ukay is a commercial development comprising of 1,632 SOHO units to be developed over 3 tower blocks and complemented by 32 retail units, providing residents and the neighbouring vicinity with vibrant & iconic food & beverage and entertainment outlets.
Slated as the 1st phase of its mixed integrated development spanning over 6.5 acres out of a total land area of 87 acres, Liberty Arc @ Ampang Ukay is the first series in a succession of superior-quality residential and commercial offerings with its main objective of transforming Ampang Ukay into a new-age dimension and a popular landmark in its area.
The job scope as the main contractor is to complete the main building works together with its interior design and M&E services coupled with the facilities and amenities consisting of an olympic size swimming pool, 5,000 sq. ft. gymnasium and breathtaking landscape for the benefit of its residents.

Evo Soho Suite @ Bangi,
Selangor

Client: Aturan Prisma Sdn Bhd Status: Completed
Completion: May 2017
Contract Sums: RM130 million

  more . .

PBSB was involved as the main contractor for this prestigious project, being a joint venture between Andaman Group and PKNS (PKNS-Andaman Sdn Bhd) which is the first of its kind integrated development in Bangi town centre consisting of a retail mall measuring 245,784 sq. ft. with 704 units of SOHO’s and service apartments above it.
Amongst the facilities provided are swimming pool, gymnasium and children play area for the convenience of the residents. Completed main building works for a four (4) storey commercial retail lot with one (1) basement carpark, two (2) storey car park podium and two (2) blocks of 22-storeys SOHO & condominium units together with a four (4) storey car park podium.

Summit Batu Pahat,
Johor

Client: Aturan Prisma Sdn Bhd
Status: Completed
Completion: May 2015
Contract Sums: RM11 million

  more . .

The completion of a six (6) storey commercial complex with and eight (8) storey hotel above in Batu Pahat.

Diamond Residence, Phase 2
Serdang, Selangor

Client: Aturan Prisma Sdn Bhd Status: Completed
Completion: May 2015
Contract Sums: RM43 million

  more . .

PBSB was involved as the main contractor for the development of the mixed development comprising shop offices and service apartments in Diamond Residence. The said scope of work includes the construction of two (2) blocks of service apartments ranging from 16 – 17 storeys, a three (3) storey carpark and a floor for general amenities.

Diamond Square, Phase 1
Serdang, Selangor

Client: Aturan Prisma Sdn Bhd Status: Completed
Completion: May 2014
Contract Sums: RM32 million

  more . .

Diamond Square is the first phase of the Diamond Residence development consisting of thirty units (30) of four (4) storey shop-offices with a basement carpark at Serdang Jaya. This said project is the commercial component of the Diamond Residence to complement the residents and the surrounding vicinity.

The Arc @ Cyberjaya


Client: Aturan Prisma Sdn Bhd Status: Completed
Completion: May 2014
Contract Sums: RM161 million

  more . .

PBSB was the main contractor for the aforementioned project having completed works in excess of RM160 Million for the construction of four (4) twenty-eight (28) storey service apartment blocks and a five (5) storey carpark. The number of completed apartment units are 1,000. This said project was completed in 2015 being amongst the largest contracts undertaken by PBSB, adding value to its vicinity which includes existing amenities such as Multimedia and Limkokwing University, Street Mall, Cyberjaya Transport Terminal and Cyberjaya Lake Garden.

Casa Residenza @ Kota Damansara, Selangor

Client: Aturan Prisma Sdn Bhd Status: Completed
Completion: May 2013
Contract Sums: RM96 million

  more . .

Completed main construction works for a thirty-six (36) storey apartment, inclusive of a basement and eight (8) storey car park podium and twenty-six (26) storey hostel apartments. This project upon its completion, is deemed as the tallest building during that time and is within walking distance to Sri KDU, SEGi University College and Tropicana Medical Center.

Cova Square @ Kota Damansara
Selangor

Client: Aturan Prisma Sdn Bhd Status: Completed
Completion: 2011
Contract Sums: RM42 million

  more . .

The completion of this mixed development was back in 2011 with the completion of the initial phase of residential component consisting of three (3) tower blocks ranging from 21 – 23 storeys high, inclusive of a five (5) storey car park podium. Subsequently, the commercial development is the completion of 44 units of four (4) storey shop offices.

Investor Relations



Join Us

Do you find MIB exciting, and can imagine sharing your future with us? We’re happy to hear that!
Email your resume to HR today

Project Manager

Responsibilities

  • Lead and manage the project team to complete the assigned project in a timely and cost-effective manner and in line with the safety and quality policies of the company.
  • Coordinate and liaise effectively with consultants and other government authorities in getting necessary approval.
  • Monitor the works carried out by sub-contractors to ensure the works are according to program and conformance to relevant specifications and standards and to the approved designs.
  • Planning and managing project implementation and construction of project works to meet all requirements.
  • To coordinate and liaise with clients, architect, consultant and sub-contractors
  • Requirements

  • Candidate must possess at least a Bachelor’s Degree in Civil Engineering or related field from recognize institution.
  • 8 years and above experience in construction and design of civil engineering projects, particularly high rise and general management including personnel and administration is required (Preferably 5 years in high rise).
  • Good organizational, communication and relationship building skills, resourceful, result-oriented, customer-centric with ability to multi-task.
  • Strong leadership, tact, self-assured, independent, team player and able to work in fastpace environment.
  • Good knowledge of Construction standard operating procedures and proficient in Microsoft Office, Microsoft Project and AUTOCAD.
  • Required Language(s): Bahasa Melayu & English.
  • Quantity Surveyor

    Responsibilities

  • To assist tender/ contract reviews, preparing contracts documents, negotiation with contractors, contracts administration and drafting contractual correspondences.
  • To assist the Contract Manager in the overall QS operation of projects assigned to you (take off, BQ & Material, Tendering & Cost Analysis, Certification & VO)
  • Handling Progress claims and progress payment, have to liaise with Consultants, Quantity Surveyor and Architects and Certification of claims for payment.
  • Requirements

  • Candidate must possess at least a Diploma, Advance/Higher/Graduate Diploma of Quantity Survey or equivalent.
  • Required skill(s): Excel, AutoCad and CostX
  • Required language(s): Bahasa Melayu, English and Mandarin
  • At least 3 year(s) of working experience in the related field is required for this position
  • Finance Manager

    Responsibilities

  • To assist in delivering adequate and timely reporting for BOD or other exceptional reporting (i.e Construction & Trading)
  • Assist in Cash Flow monitoring and management for respective subsidiaries.
  • Assist Management in fund raising for the projects in the respective subsidiaries
  • Preparation of group consolidation reporting and closing activities in accordance with statutory regulatory requirement and applicable to Accounting Standards.
  • Ensure compliance of Group Tax Policies and statutory requirements
  • Assist in Group Tax Planning for respective subsidiaries
  • Ensure compliance to Risk Management policies and standards established by regulators and the Group
  • To implement and established accounting procedures, policies, internal controls, corporate governance and ensure compliance with local statutory requirement at all times.
  • Liaise with internal and external auditors, tax agent solicitors, bankers, company secretary and other professional and regulatory bodies.
  • Driver the implementation of business best practices and process.
  • Any other duties assigned from time to time by the Management/ B.O.D.
  • Requirements

  • Candidate must possess at least a Bachelor’s Degree in Accountancy or professional Qualification in ACCA/CIMA/CPA or equivalent.
  • Good understanding of latest Accounting principles and Financial Standards.
  • Meticulous, proactive and a commitment to perform well and grow with the company.
  • A confident team player with excellent interpersonal & communication skills.
  • High integrity, independent and capable to excel in a fast-paced environment.
  • An application must be willing to work in Seri Kembangan.
  • Experience in Public Listed and Construction company is added advantage.
  • Safety and Health Officer (Green Book Holder)

    Responsibilities

  • Oversees organizational compliance with JKKP, DOSH and CIDB environment, health and safety regulations
  • Ensure a safe workplace environment without risk to health
  • Ensure that all Safety & Health policies, procedures, rules and regulations are adhere to and are regularly reviewed, updated and communicated.
  • Ensure the company meets its statutory obligations in all areas pertaining to safety, health and welfare at work, including statutory training and reporting.
  • Ensure the completion and regular review of risk assessments for all work equipment and operations.
  • Ensure that all accidents are documented, investigated and recommended improvements implemented.
  • Ensure that safety inspections are carried out, fire drills and fire alarms are correctly reported
  • Establish a full programme of documented health & safety inspections, audits and checks.
  • Ensure all agreed action points are completed within deadlines.
  • Keep up date with all aspects of relevant health, safety & welfare at work legislation and communicate relevant changes to the business.
  • Any other reasonable duties which may be required by management from time to time.
  • Requirements

  • Candidate must possess at least Diploma/ Advanced/ Higher/ Graduate Diploma in Engineering (Environment/ Health/ Safety) or equivalent.
  • Registered with Department of Occupational Safety & Health (DOSH) – Green Book Holder
  • Falsework and Scaffolding erector license will be added advantage.
  • At least 2-3 Year(s) of relevant working experience in the construction industry.
  • 1-year contract basis and subject to renewal.