Pengerang, Johor, Malaysia, 7 November 2023 – Morimatsu International Holdings Company Limited and DIALOG Group Berhad today held the groundbreaking ceremony for the expansion of their joint venture company, Morimatsu DIALOG (Malaysia) Sdn. Bhd. facilities in Pengerang, Johor Darul Ta’zim, Malaysia with an investment value of approximately RM250 million to further grow the one-stop engineering and fabrication services to serve both local and international customers.
The ceremony was officiated by the Menteri Besar of Johor YAB Datuk Onn Hafiz Ghazi, Mr. Hirotaka Kawashima, Executive Director of Morimatsu International Holdings Company Limited, and Tan Sri Dr. Ngau Boon Keat, Executive Chairman of DIALOG Group Berhad.
With the expansion estimated to be completed progressively by the first quarter of 2025, the 18,245 m2 facility will mainly consist of module production workshops equipped with modern workplace amenities and infrastructure. This will support Morimatsu DIALOG in meeting the demands and opportunities in the region and beyond while contributing more opportunities to the state’s job market.
In his speech, Johor Menteri Besar YAB Datuk Onn Hafiz Ghazi said, “This newly expanded facility will be able to support the overall growth of Pengerang and continue to be a preferred investment destination. This is in line with our wish to attract high-quality and value-adding investments into the State."
“I am also happy to note the newly expanded facility will create job opportunities with a projected additional employment of approximately 500, bringing the total number of manpower to 650,” added Datuk Onn Hafiz Ghazi.
Mr. Hirotaka Kawashima, Executive Director of Morimatsu International Holdings Company Limited disclosed, “We will focus on manufacturing equipments and modules that are used to produce raw materials for EV batteries, semiconductors and green energy. This will enable us to establish a system that can provide our customers with comprehensive services and one-stop solutions.”
“Overseas demand in these areas is increasing rapidly and the overseas business will drive our growth. We will firstly establish a production system with an annual revenue target of RM 300 million,” said Mr.Kawashima.
Executive Chairman of DIALOG Group Berhad, Tan Sri Dr. Ngau Boon Keat shared, “This joint venture has gone from strength to strength, catering to international clients and successfully secured several jobs from companies from USA, United Kingdom, Korea, Vietnam and Malaysia.”
“With both Morimatsu and DIALOG’s proven track record and good reputation in the local and international market, I am confident that this expansion will continue to provide an excellent value proposition for this joint venture,” added Tan Sri Dr. Ngau.
Morimatsu DIALOG (Malaysia) Sdn. Bhd. was established in 2021, to provide one-stop engineering and fabrication services. This strategic partnership combines Morimatsu’s competitive strength in advanced Japanese craftsmanship and DIALOG’s local expertise as well as the strategic location of Pengerang. Morimatsu has 51% equity interest while DIALOG has interest in the balance 49% of Morimatsu DIALOG (Malaysia) Sdn. Bhd.
About Morimatsu International Holdings Company Limited
Morimatsu International Holdings Company Limited is a leading core equipment manufacturer and provider of integrated solutions in industrial field based in Shanghai, China. Committed to becoming the world’s leading provider of core equipment, process systems and digital intelligence integrated plant solutions, Morimatsu’s principal activities include the design, manufacture, installation and operation and maintenance of core equipment, process system (such as process module) and total solutions (such as modular industrial equipment) mainly for chemical reactions, biological reactions and polymerization. With rich industry experience and delivering projects to over 45 countries, Morimatsu have maintained a stable market position and has been highly recognised by the industry.
About DIALOG Group Berhad
Established in 1984, DIALOG is a leading integrated technical service provider to the energy sector, in Malaysia and internationally. Headquartered in Kuala Lumpur, DIALOG has a strong and growing presence across eight countries: Malaysia, Singapore, Thailand, Indonesia, Australia, New Zealand, Saudi Arabia and United Arab Emirates with a staff strength of over 2,700, positioning us to serve customers that include multinational energy majors, national energy companies as well as multinational engineering and service providers the world over. Recognising the global transition towards a low carbon economy, the Group is expanding into Sustainable and Renewables business, including clean and green energy as well as recycling ventures. DIALOG is listed on the Main Market of Bursa Malaysia Securities Berhad with a market capitalisation of about RM12.1 billion as at 31 October 2023.
