KUALA LUMPUR, BWYS Group Bhd, a leading manufacturer of sheet metal products and scaffolding systems, has announced the acquisition of a parcel of freehold industrial land in Kuala Langat, Selangor, for RM94.5 million as part of its long-term expansion strategy.
In a bourse filing on Tuesday, BWYS said its wholly owned subsidiary, BW Scaffold Industries Sdn Bhd, entered into a sale and purchase agreement (SPA) with Compass IP Sdn Bhd for the acquisition of a 28.92-acre tract of land located within the Compass @ Kota Seri Langat industrial and logistics hub in Mukim Tanjung Dua Belas, Banting. The hub is strategically situated about 60km southwest of Kuala Lumpur and 37km northwest of Klang.
The company said the land purchase would support BW Scaffold’s future operational growth, as it offers a significantly larger area than its current site.
“Following our recent joint venture with Runwin International (HK) Holding Group Co Ltd to set up a state-of-the-art colour-coated steel coil production line, this new acquisition marks another step forward in strengthening our production capabilities,” said managing director Kang Beng Hai. “The Banting site will allow us to consolidate our manufacturing and warehousing activities within a modern, integrated industrial hub.”
BWYS plans to construct a new manufacturing complex on the land, featuring factory buildings, warehouses, and centralised labour quarters. The new facility will boost the group’s operational capacity and efficiency, supporting its businesses in scaffolding rental and supply, as well as sheet metal product manufacturing, including polyurethane foam sandwich panels, roofing sheets, and roof trusses.
Construction of the new plant is expected to begin in the second quarter of 2026. According to BWYS, the move will also generate long-term cost savings by removing the need to pay annual factory rental fees, currently amounting to about RM2.66 million.
The acquisition will be financed through a mix of internal funds and borrowings, including RM20 million from proceeds of its Bukit Changgang land disposal. In August, BWYS sold the Bukit Changgang property — comprising factory and office buildings — to Yusin Machinery (Malaysia) Sdn Bhd for RM67 million. Shares of BWYS closed unchanged at 23.5 sen on Wednesday, valuing the group at RM240.93 million.
