{"id":41072,"date":"2019-01-22T08:55:56","date_gmt":"2019-01-22T00:55:56","guid":{"rendered":"https:\/\/investpenang.gov.my\/eye-on-the-european-market\/"},"modified":"2025-12-02T17:32:53","modified_gmt":"2025-12-02T09:32:53","slug":"eye-on-the-european-market","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/eye-on-the-european-market\/","title":{"rendered":"Eye on the European market"},"content":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” el_class=”sec-inner-banner” css=”.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}” z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”inner-banner-row”][vc_column_inner][vc_column_text]<\/p>\n

Eye on the European market<\/h1>\n

[\/vc_column_text][vc_separator type=”normal” el_class=”red-separator” color=”#ee4023″ transparency=”1″ thickness=”2″ up=”15″ down=”15″][vc_column_text css=”” el_class=”white-text”]<\/p>\n

22 January 2019<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1703764846254{background-color: #f3f5f8 !important;}” z_index=””][vc_column el_class=”fade-in animate”][vc_empty_space height=”120px” el_class=”height-x120″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner][vc_single_image image=”28981″ img_size=”full” qode_css_animation=”” el_class=”single-featured-image”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”60px” el_class=”height-x60″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”content-row”][vc_column_inner][vc_column_text]Machine manufacturer innovates to keep up with smart factory standards<\/strong><\/p>\n

PENANG-based MH Multipack Sdn Bhd, an automated packaging machine manufacturer, is looking to penetrate the European market by 2021.<\/p>\n

In preparation for that plan, it is shoring up its capacity with a new manufacturing facility in Batu Kawan, which will begin operations around that time.<\/p>\n

\u201cWe have a one-acre site in Batu Kawan where we will invest RM10mil for a 35,000sq m manufacturing plant.<\/strong><\/p>\n

\u201cConstruction of the facility will begin in 2020 and should be ready for operations in 2021,\u201d says its managing director Ooi Meng Huat, 60.<\/p>\n

This will increase the group\u2019s production which will enable it to supply to not only Europe, but also the Middle-East and South-Asia, where the demand is expected to grow.<\/p>\n

MH Multipack manufactures packaging machines for the pharmaceutical industry. The machines are designed to pack liquid and powdered pharmaceutical products into bottles and tubes.<\/p>\n

The company produces stand-alone machines as well as machinery for packaging lines.<\/p>\n

According to The Business Research Company report, the global pharmaceuticals market was valued at US$934.8bil in 2017 and is expected to reach US$1.170 trillion in 2021, growing at 5.8% per annum.<\/strong><\/p>\n

\u201cThe growth of the global pharmaceutical market is steady, so we have to be ready to expand to supply to new markets.<\/p>\n

\u201cCurrently, about 40% of our machinery is sold to the domestic market, while the remaining 60% is sold overseas,\u201d he says.<\/p>\n

\u201cThe Asia Pacific market is growing due to the availability of affordable drugs, government programmes to support healthcare, and rapid urbanisation that brings both doctors and pharmacies within the reach of the population.<\/p>\n

\u201cCurrently, Western Europe still accounts for 56% of the global pharmaceutical market,\u201d adds Ooi.<\/p>\n

According to Ooi, the company is now developing packaging machinery that are compliant with the standards and requirements of a smart factory.<\/p>\n

\u201cThese fourth generation packaging machines will be out this year,\u201d he says.<\/p>\n

Ooi is expecting a 20% growth in revenue this year. Last year, MH Multipack generated RM10mil in sales.<\/p>\n

\u201cWe manufacture 40 to 50 machines annually. Each unit is priced between RM100,000 and RM800,000, depending on the complexity and functions of the machine.<\/strong><\/p>\n

\u201cA packaging line could cost up to RM3mil,\u201d Ooi says.<\/p>\n

Meanwhile, MH Multipack business director Jeff Chong Chin Guan, 45, recalls that the company experienced its most difficult period about 10 years ago when it invested substantially to develop stand-alone machines.<\/p>\n

\u201cThe market was bad then and it took about five years before we could see returns on our investment in the designing and development work,\u201d Chong says.<\/p>\n

Chong is also a co-founder of the company.<\/p>\n

Both Chong and Ooi were graduates in the field of electrical and electronic engineering and had worked in multinational corporations prior to founding MH Multipack.<\/p>\n

\u201cIn 1998, when many MNCs cut back their investments in Malaysia, we resigned from our jobs and founded MH Multipack.<\/p>\n

\u201cWe felt that in order to move on, we would need to have our own business and brand,\u201d Chong shares.<\/p>\n

According to Chong, MH Multipack\u2019s machines are about 50% cheaper than those made in Europe.<\/p>\n

\u201cThe quality of our machines is the same as the European-made ones.<\/p>\n

\u201cAgainst Korean machines, we are about 10% cheaper.<\/p>\n

\u201cWe invest 5% of our revenue for design and development work yearly as innovation is key to compete in the technology market,\u201d Chong reveals.<\/p>\n

He adds that MH machines are popular in the local market because they adhere to the Good Manufacturing Practice standards.<\/p>\n

\u201cWe supply to 80% of the pharmaceutical companies in Malaysia.<\/p>\n

\u201cOur customers include B Braun, Kotra Pharma, Zontron, Dynapharm, Zontron, and Upha Pharmaceuticals,\u201d Chong says.<\/strong><\/p>\n

At the moment, the company\u2019s main markets are Thailand and Indonesia.<\/p>\n

Moving ahead, Chong says the company plans to bring in new investors that will help it grow further.<\/p>\n

\u201cWe are also planning to get listed in the Ace market or LEAP Market in 2021,\u201d Chong says.<\/p>\n

MH Multipack currently operates in a 20,000sq ft plant in Bukit Mertajam, employing 50 workers.<\/p>\n

The company received the Platinum award for Best innovation at The Star Outstanding Business Awards (SOBA) 2017 in the up to RM25mil revenue tier.<\/p>\n

Source: The Star<\/a><\/p>\n

Photo Credit: The Star[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”120px” el_class=”height-x120″][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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22<\/h2>\n
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Tue<\/p>\n

January \u201819<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":31,"featured_media":28981,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[271],"news_month":[199],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41072"}],"collection":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=41072"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41072\/revisions"}],"predecessor-version":[{"id":41075,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41072\/revisions\/41075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/28981"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=41072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=41072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=41072"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=41072"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=41072"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=41072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}