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Inari Amertron Berhad<br>益纳利美昌有限公司

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Inari Amertron Berhad
益纳利美昌有限公司
Corporate Logo
Public Limited Company
Traded asMYX: INARI
ISIN🆔
IndustryElectronic manufacturing services
Founded 📆
Founder 👔
Headquarters 🏙️Penang, Malaysia
Area served 🗺️
Key people
  • Y.A.M. Tengku Puteri Seri Kemala Pahang Tengku Hajjah Aishah bte Sultan Haji Ahmad Shah, DK(II), SIMP (Non-Executive Chairman)
  • Dato' Dr Tan Seng Chuan (Executive Vice Chairman)
  • Lau Kean Cheong (CEO, Executive Director)
  • Dato' Wong Gian Kui (Executive Director)
  • Ho Phon Guan (Executive Director)
  • Mai Mang Lee (Executive Director)
  • Dato' Thong Kok Khee (Director)
  • Oh Seong Lye (Director)
  • Foo Kok Siew (Director)
  • Chong Poh Leng (CFO)
Revenue🤑 Increase MYR 1,043.12 million (FYE2016) Increase MYR 933.10 million (FYE2015)
Increase MYR 158.38 million (FYE2016) Increase MYR 157.59 million (FYE2015)
Decrease MYR 147.09 million (FYE2016) Increase MYR 150.25 million (FYE2015)
Total assetsIncrease MYR 875.80 million (FYE2016) Increase MYR 836.68 million (FYE2015)
Total equityIncrease MYR 681.01 million (FYE2016) Increase MYR 535.09 million (FYE2015)
Members
Number of employees
5,000+ globally[1]
🌐 Websitewww.inari-amertron.com
📇 Address
📞 telephone

Inari Amertron Berhad (INRI:MK) is an electronics manufacturing services (EMS) provider, providing manufacturing services and support to the Radio Frequency, Optoelectronics, Fibre-Optics and Testing & Measurement Equipment sectors.

Inari Amertron was listed on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Malaysia) on 19 July 2011,[2] and transferred to the Main Market of Bursa Malaysia effective 3 June 2014.[3] Its securities are shariah-compliant[4] and are a constituent of the Morgan Stanley Capital International (MSCI) Global Small Cap Index[5] within the MSCI Malaysia Index.[6]

With its headquarter located in Bayan Lepas, Penang, Inari Amertron operates a total of 10 factories (as at September 2015), situated in Malaysia (Penang, Johor), the People’s Republic of China (Kunshan) and the Philippines (Clark Field, Parañaque); employing a workforce of about 6,000 employees.

History[edit]

Inari Amertron Berhad was formed following the merger and acquisition of two EMS providers: Inari Berhad and Amertron Inc. (Global) Limited.

Inari Berhad was established in 2006 as an EMS provider of semiconductor packaging services to the Radio Frequency (RF) mobile industry, which include back-end wafer processing and RF testing. Inari’s RF products are used mainly in the wireless telecommunications sector, including smartphones, 3G devices, cellular phones, and wireless computing peripherals.

Amertron Inc. (Global) Limited was established in 1988 and is involved in optoelectronics manufacturing (LEDs, LED displays, optical sensors and Infrared sensors used in data centres, automotive and defence sectors, consumer computing devices and industrial automation); and fibre-optics research, design and manufacturing (fibre-optic transmitters and receivers used in telecommunications industry such as data centres and server switches).

On 25 June 2013, Inari Berhad completed the acquisition of Amertron for USD32 million.[7] The name of the enlarged Group was subsequently changed to Inari Amertron Berhad effective 5 July 2013.[8]

Group Structure[edit]

Inari Amertron Berhad is an investment holding company with four core businesses, namely: (i) Integrated semiconductor packaging and testing services (ii) Optoelectronics manufacturing, testing and assembly (iii) Fibre-Optics Research, Design and Manufacturing (iv) ODM of electronic test and measurement equipment.

Its operating subsidiaries and corresponding core businesses are:[9]

  • Inari Technology Sdn Bhd (100% subsidiary of IAB) is involved in back-end wafer processing, package assembly and final testing of RF semiconductor components.
  • Inari South Keytech Sdn Bhd (100% subsidiary of IAB) is involved in Research & Development (R&D) and manufacturing of fiber-optics components, (e.g. optics transmitters and receivers).
  • Ceedtec Sdn Bhd (51% subsidiary of IAB) is involved in is an Original Design Manufacturer (ODM) of electronic test and measurement equipment for automotive and laboratory applications and is the parent company of Ceedtec Technology Sdn Bhd involved in manufacturing of testing equipment for semiconductor and related products.
  • Inari International Limited (100% subsidiary of IAB) is the intermediate holding company of Amertron Inc. (Global) Limited Group, which has two 100%-owned subsidiaries: Amertron Incorporated and Amertron Technology (Kunshan) Co. Ltd, both of which are involved in the manufacturing, testing and assembly of optoelectronics products.
  • Simfoni Bistari Sdn Bhd (100% subsidiary of IAB) is involved in property investment and investment holding.
  • Inari Semiconductor Labs Sdn Bhd (100% subsidiary of IAB) is involved in chip fabrication.
  • Inari Integrated Systems Sdn Bhd (100% subsidiary of IAB) is involved in the semiconductor testing of IC chips.

Awards & Certifications[edit]

Year Description...
2006 Inari Technology attained ISO 9001: 2000 certification[10]
2007 Inari Technology granted Pioneer Status by Malaysia’s Ministry of International Trade and Industry (MITI) (2007-2012, 2012-2017)

Inari Technology attained ISO 14001:2004 certification

2010 Inari Technology attained ISO 13485 certification for medical sensor products[10]

Inari Technology awarded Excellent Manufacturing and Outsourcing Support on Wireless Semiconductor Division Products 2009 Award by Avago Technologies.[11]

2012 Ceedtec obtained incentives from Northern Corridor Implementation Authority (NCIA) for the design and development of power supplies products
2013 Inari Technology awarded Pioneer Status by MITI (2012- 2017)
2014 Inari Amertron awarded The BrandLaureate SME Blue Chip Award 2013[12]

Inari Amertron is recognized as one of the 30 Jewels: Top Malaysia Small Cap Companies by Malaysia’s RHB Investment Bank[13]

Inari Amerton is included in the Morgan Stanley Capital International (MSCI) Global Small Cap Index.

Inari Amertron is recognized by Forbes as one of the 200 Best Under A Billion Company.

2015 Inari Amertron qualified for The Edge Billion Ringgit Club & Corporate Award 2015.

Inari Amertron is recognized by Forbes as one of the 200 Best Under A Billion Company.[14]

Inari Amertron is ranked no 1 on Focus Malaysia "50 Fastest Growing Companies".[15]

2016 Inari Amerton is nominated for the 6th Malaysia Investor Relations Award.

Inari Amertron was awarded Malaysia Best Employer Brand Award 2016.

Inari Amertron was awarded Asia Best Employer Brand Award 2016.[16]

Inari Amertron won the Edge-Billion Ringgit Club & Corporate Awards 2016.[17]

References[edit]

  1. IAB website
  2. "Inari gains 6.5 sen on debut". The Star. 20 July 2011.
  3. "Main Market debut to qualify Inari to wider spectrum of investors, says HLIB Research". The Edge Malaysia. 3 June 2014. Retrieved 18 June 2014.
  4. "List of Shahriah-Compliant Securities by the Shariah Advisory Council of the Securities Commission Malaysia" (PDF). Securities Commission Malaysia. Retrieved 18 June 2014.
  5. "MSCI Global Small Cap Indexes: changes in constituents" (PDF). MSCI. 14 May 2014. Retrieved 18 June 2014.
  6. "MSCI Malaysia Index: Factsheet" (PDF). MSCI. Retrieved 18 June 2014.
  7. "Inari Bhd Completes Acquisition Of Opto-Electronics Manufacturer Amertron Inc (Global) Limited". Reuters. 25 June 2013. Retrieved 19 June 2014.
  8. "Announcement: Proposed Change of Company Name". Bursa Malaysia. Retrieved 19 June 2014.
  9. Annual Report 2013 (PDF). 22 November 2013. p. 3,65–66. Retrieved 18 June 2014. Search this book on
  10. 10.0 10.1 "Accreditation". Inari Amertron Berhad. Retrieved 19 June 2014.
  11. "Awards". Inari Amertron Berhad. Retrieved 19 June 2014.
  12. "SME Blue Chip Award 2013: Event Picture".
  13. "RHB Top 30 Small Caps". The Edge Malaysia. 20 May 2014. Retrieved 18 June 2014.
  14. The Edge Financial Daily, 26 June 2015
  15. Focus Malaysia, 25 July 2015
  16. "Asia Best Employer Branding Awards 2016 - 7th Edition" (PDF). Employer Branding Awards. Retrieved 4 August 2016.
  17. "The Edge-Billion Ringgit Club". The Edge Malaysia. Retrieved 15 August 2016.


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