Inari Amertron Berhad

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Inari Amertron Berhad

Inari Amertron Berhad 益纳利美昌有限公司
Type	Public Limited Company
Traded as	MYX:INARI
Industry	Electronic manufacturing services
Headquarters	Penang, Malaysia
Key people	Y.A.M. Tengku Puteri Seri Kemala Pahang Tengku Hajjah Aishah bte Sultan Haji Ahmad Shah, DK(II), SIMP (Chairperson) Dr Tan Seng Chuan (Executive Vice Chairman) Lau Kean Cheong (CEO) Dato' Thong Kok Khee (Director) Dato' Wong Gian Kui (Director) Ho Phon Guan (Director) Mai Mang Lee (Director) Oh Seong Lye (Director) Foo Kok Siew (Director)
Revenue	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 793.66 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 933.10 million (4Q2015)
Operating income	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 112.38 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 157.38 million (4Q2015)
Profit	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 100.40 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 150.25 million (4Q2015)
Total assets	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 497.18 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 835.20 million (4Q2015)
Total equity	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 258.57 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 535.27 million (4Q2015)
Number of employees	6,000 globally^{^[1]}
Website	www.inari-amertron.com

Inari Amertron Berhad () 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 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.

Inari Amertron Berhad 益纳利美昌有限公司
Type	Public Limited Company
Traded as	MYX:INARI
Industry	Electronic manufacturing services
Headquarters	Penang, Malaysia
Key people	Y.A.M. Tengku Puteri Seri Kemala Pahang Tengku Hajjah Aishah bte Sultan Haji Ahmad Shah, DK(II), SIMP (Chairperson) Dr Tan Seng Chuan (Executive Vice Chairman) Lau Kean Cheong (CEO) Dato' Thong Kok Khee (Director) Dato' Wong Gian Kui (Director) Ho Phon Guan (Director) Mai Mang Lee (Director) Oh Seong Lye (Director) Foo Kok Siew (Director)
Revenue	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 793.66 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 933.10 million (4Q2015)
Operating income	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 112.38 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 157.38 million (4Q2015)
Profit	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 100.40 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 150.25 million (4Q2015)
Total assets	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 497.18 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 835.20 million (4Q2015)
Total equity	[[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 258.57 million (FYE2014) [[INLINE_IMAGE\|https://upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png\|//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x\|Increase\|h11\|w11]] MYR 535.27 million (4Q2015)
Number of employees	6,000 globally^{^[1]}
Website	www.inari-amertron.com

History

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

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 semiconductor components.
Inari South Keytech Sdn Bhd (100% subsidiary of IAB) is involved in Research & Development (R&D) and manufacturing of fibre-optics components, e.g. optics transmitters and receivers
Ceedtec Sdn Bhd (51% subsidiary of IAB) is an Original Design Manufacturer (ODM) of electronic test and measurement equipment for automotive and laboratory applications.
Inari International Limited (100% subsidiary of IAB) is the parent company of Amertron Inc. (Global) Limited, which has two 100%-owned subsidiaries: Amertron Incorporated an Amertron Technology (Kunshan) Co. Ltd, both of which are involved in the manufacturing, testing and assembly of optoelectronics products.
Inari Global (HK) Limited (100% subsidiary of IAB) is involved in trading of semiconductor components.
Simfoni Bistari Sdn Bhd (100% subsidiary of IAB) is involved in property and investments holding.
Inari Semiconductor Labs Sdn Bhd (99.9% subsidiary of IAB) is involved in property and investments holding.

Awards & Certifications


Year	Description
2006	Inari Technology attained ISO 9001: 2000 certification^{^[10]}
2007	Inari Technology granted 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 (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^{^[1]} Inari Amertron is recognized as one of the by Malaysia’s RHB Investment Bank^{^[1]} 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.^{^[1]} Inari Amertron is ranked no 1 on Focus Malaysia "50 Fastest Growing Companies".^{^[1]}

References

[1]

Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).

Jul 15, 2016, 12:04 AM

[2]

Citation Linkinari-amertron.com[1]

Jul 15, 2016, 12:04 AM

[3]

Citation Linkwww.thestar.com.my"Inari gains 6.5 sen on debut"

Jul 15, 2016, 12:04 AM

[4]

Citation Linktheedgemalaysia.com"Main Market debut to qualify Inari to wider spectrum of investors, says HLIB Research"

Jul 15, 2016, 12:04 AM

[5]

Citation Linkwww.sc.com.my"List of Shahriah-Compliant Securities by the Shariah Advisory Council of the Securities Commission Malaysia"