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The Sun
27-06-2025
- Business
- The Sun
Transfer of listing to Main Market a step forward for Unique Fire
PETALING JAYA: Unique Fire Holdings Bhd, a fire protection systems and safety equipment provider, has transferred its listing to the Main Market of Bursa Malaysia Securities. The company's transition from Bursa Malaysia's ACE Market to the Main Market on Thursday comes less than three years after its initial public offering (IPO) in August 2022. Executive director Datuk Marcus Liew Kang Leong expressed his pride in the company's achievement in transferring to the Main Market of Bursa Malaysia. 'The transfer of listing of the company marks a step forward in our journey since 1997, where my father founded the company and established ourselves as one of the leading providers of fire protection systems and safety equipment in Malaysia. 'We are humbled to receive such an overwhelming response from everyone around us throughout this significant journey. This is one of the most rewarding accomplishments for Unique Fire,' he said in a statement. Liew said that since the company's IPO for its listing on the ACE Market in August 2022, Unique Fire has made strong strides in financial performance and operational growth. Revenue rose from RM75.74 million in financial year 2022 (FY22) to RM104.68 million in FY24, with net profit increasing from RM5.64 million to RM8.13 million. 'We've expanded our production capacity by more than 200%, increased storage space by nearly 68%, and integrated a warehouse management system. 'Geographically, we've opened two new offices in Johor Bahru and Penang to enhance the company's market presence in both the northern and southern regions,' he said. Liew said sustainability remains key, with rooftop solar photovolataic systems reducing utility costs, while workforce and product range continue to grow. 'These milestones reflect our readiness for the Bursa Malaysia's Main Market. This is a new chapter for us, and our journey is far from over. 'With years of industry experience, we will continue our ongoing efforts to expand our product range to cater to consumers' ever-changing needs. 'We are excited for what lies ahead, and Unique Fire is confident in our proven ability to consistently build a solid foundation that supports our continued growth,' Liew said. Unique Fire is primarily involved in the assembly, manufacture and distribution of active fire protection systems, equipment and accessories for built environments, such as fire suppression systems, fire extinguishers, fire hose reels, fire hoses, fire alarms and detection devices. Unique Fire also manufactures and distributes custom graphics for fire extinguishers.
Borneo Post
26-06-2025
- Business
- Borneo Post
Unique Fire transfers to Main Market after strong growth since 2022 listing
Liew (fifth from left) at the company's transfer listing ceremony to the Main Market of Bursa Malaysia Securities Berhad on Thursday. KUALA LUMPUR (June 26): Unique Fire Holdings Berhad has made its debut on the Main Market of Bursa Malaysia Securities Berhad, just three years after being listed on the ACE Market. The company, a leading provider of fire protection systems and safety equipment, was first listed on the ACE Market in August 2022. Since then, it has recorded significant growth in both operations and financial performance, according to the company in a statement yesterday. Executive director Datuk Marcus Liew noted that the company's revenue rose from RM75.74 million in the financial year ended 2022 to RM104.68 million in 2024. Profit after tax also increased from RM5.64 million to RM8.13 million over the same period. 'We've expanded our production capacity by more than 200 per cent, increased storage space by nearly 68 per cent, and integrated a Warehouse Management System. 'Geographically, we've opened two new offices in Johor Bahru and Penang to enhance the Company's market presence in both the northern and southern region. 'Sustainability remains key, with rooftop solar PV reducing utility costs, while our workforce and product range continue to grow. These milestones reflect our readiness for the Main Market,' he said. Liew described the transfer as a new chapter for the company and that the company will continue expanding its product range to meet evolving market needs. 'We are excited for what lies ahead. With years of experience in the industry, we are confident in our ability to build a solid foundation that supports continued growth,' he added. Unique Fire began as a distributor of fire protection systems and accessories, and has since expanded into the assembly, manufacture and distribution of active fire protection systems. Its product range includes fire suppression systems, extinguishers, hose reels, hoses, alarms, detection devices and custom-designed extinguishers. ace market corporate news Unique Fire Holdings Berhad
