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How Malaysia's Biggest Public Companies Give Back To Society?

Press Metal Aluminium Holdings Berhad

Balancing growth with sustainability, Press Metal Aluminium Holdings Berhad is the largest integrated aluminium producer in Southeast Asia. system. Press Metal’s main focus involves the production and trading of primary, enhanced value, and extruded aluminum items. The company is based in Selangor, Malaysia, and primarily conducts its operations in Malaysia and China. Additionally, there are distribution offices in Australia, the United Kingdom, and the United States of America to cater to both local and nearby markets. 

Press Metal’s sustainability accomplishments are categorised into three themes: Upholding Good Governance and Economic Resilience, Caring for the Planet, and Empowering Our People and Enriching Our Communities.

Fiscal Year-End: 31 December 2022

The net profit of Press Metal Aluminium Holdings Bhd increased in FY2022 to RM1.40 billion from RM1.00 billion during the previous financial year.

The year on year net profit growth at Press Metal Aluminium Holdings Bhd is at 26.65%.

The Company’s dividend payout ratio for the FY2022 amounts to RM493 million.

Total cash contributions made by Press Metal during FY2022, was RM6.20 million. This contribution was made through community investment.

Total in-kind contributions are accounted for under the RM6.20 million contribution made through community investment.

The total employee volunteer hours reported by Press Metal Aluminium Holdings Bhd is 3,407 hours.

Press Metal Aluminium Holdings Berhad:
Cash, In-Kind and Employee Volunteer Hours

No.ContributionCash GivingIn-kind GivingEmployee Volunteer HoursBeneficiaries
1Community InvestmentRM6.20MN/AN/AN/APress Metal contributed RM6.2 million to the community in FY2022, with a total of 136 activities held. This was allocated as such; Education: 27 activities - RM0.2 million, Social: 38 activities - RM1.2 million, Health: 25 activities - RM0.2 million, Sports: 27 activities - RM4.2 million, Environment: 6 activities - RM0.2 million, Culture: 13 activities - RM0.2 million
2Greening Malaysia ProgrammeN/APlanted 750 tree saplingsN/AEnvironmentThis programme is a five-year campaign initiated by the Ministry of Natural Resources, Environment and Climate Change, which involves the sponsorship of tree planting in conjunction with the 70th anniversary of the Platinum Jubilee of Queen Elizabeth II. A total of 750 mangrove tree saplings (Rhizophora mucronata) will be planted in Hutan Simpan Tanjung Burung, Perak, and is estimated that approximately 9,225 kgCO2/ year will be sequestered from the 750 tree saplings
3Sports facility sponsorshipN/AConstruction of new wingN/ACommunityPress Metal have committed to promoting local athletic talent through sponsorship of the construction of a new wing at the Sarawak Badminton Association’s (“SBA”) court. This new wing enables SBA to host more intensive training for a larger group of players. During the inaugural opening of the new wing which was officiated by the Premier of Sarawak, Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg, the Abang Jo Junior Badminton Tournament 2022 was held for young talents to compete. Press Metal gifted racquets and jerseys to the players to reward their participation
4Tournament prize donationN/AHampersN/ACommunityPress Metal has also donated through in-kind contributions such as hampers to winners of events such as the Kejohanan Olahraga MSSR Daerah Bintulu, Mukah’s Pejabat Belia & Sukan’s Mini Carnival Hari Belia 2022, and Kelab Paintball Kidurong’s Sarawak Paintball League Competition.
5Disaster relief effortsMonetary contributionsN/AN/ADisaster VictimsIn social welfare, Press Metal has made several monetary contributions to support different causes to aid the needy and uplift the community. The company demonstrated commitment to disaster relief efforts by contributing to various flood relief funds, enabling aid organisations to support their relief efforts.
6Restoration of the Similajau National Park chaletsN/AProvided new furniture and electrical appliances and repainted the premises49 volunteersCommunityPress Metal also contributed to the restoration of the Similajau National Park chalets to support the promotion of tourism activities. This was done by providing new furniture and electrical appliances and repainting the premises through the efforts of 49 employees.
7Masjid Darul SaadahN/ASupported enhancementN/ACommunityThe company have supported the enhancement of Masjid Darul Saadah’s facilities in Kampung Kuala Nyalau through Project Sahabat Maritim 2022, underscoring our commitment to working closely with and supporting local stakeholders.
8Donation to SMK KemenaN/APPE and thermometersN/AYouthPress Metal has made contributions to the health and education sectors as well. In support of the reopening of SMK Kemena, Press Metal donated PPE and thermometers to support the safety of students and staff
9College Vocational Bintulu Student Excellent AwardN/AFinancial rewardsN/AYouthBesides, Press Metal provided financial rewards to outstanding students through awards such as College Vocational Bintulu Student Excellent Award and Excellent Student Award.
10Donations to digital classroomsN/ASmart TVs and ProjectorsN/AYouthTo improve the studying environment of the students, Press Metal also made contributions in the form of electronic equipment such as Smart TVs and projectors. This initiative supported the establishment of a digital classroom for Science, Technology, Engineering And Mathematics (“STEM”) education efforts.
11Replaced old classroom furnitureN/ANew furnitureN/AYouthPress Metal have also replaced old furniture to create a more conducive environment for students.
12Tree planting projectRM39.0kN/AN/AEnvironmentPress Metal supports several initiatives as part of our commitment to promote environmental sustainability. Press Metal funded Sarawak Forestry Corporation with RM39,000 for the rewilding and tree-planting project to promote environmental sustainability.
13Alashan SEE Foundation programmeRM65.3kN/AN/AEnvironmentBesides, the company have also donated RM65,340 for the Alashan SEE Foundation programme, which supports environmental organisations and projects with sustainable funding.
14Employee volunteer hoursN/AN/A3,407 hrs166,391 beneficiaries In FY2022, Press Metal organised 56 volunteer activities that resulted in 3,407 volunteer hours, contributed by 1,658 of our employees benefitted approximately 166,391 people. One of our key volunteer events was the Similajau National Park’s Chalet Restoration volunteer event, where we saw 49 employees contributed time and energy to improve the chalets. The project demanded 392 hours of hard work, but the results were rewarding. The company are also proud to note that 15 of our employees organised a career talk programme to provide insights into heavy industries among the younger generation. This programme exposed roughly 5,000 students to the diverse range of skills and professions required in this fi eld.

⬆️ – shows an increase monetarily or the number of beneficiaries from 2021 report 

⬇️ – shows a decrease monetarily or the number of beneficiaries from 2021 report 

1. The numerical value for total cash and in-kind giving was calculated based on individual monetary mentions in the Annual and Sustainability report.

2. The information above is derived from Press Metal Aluminium Holdings Berhad’s 2022 Annual and Sustainability Report. Email correspondence was made between between 20 April – 3 August 2023 to seek further clarification, however, no reply was received.

Focus Areas of Press Metal Aluminium Holdings Berhad

Beneficiaries of Press Metal Aluminium Holdings Berhad

In the fiscal year 2022, Press Metal’s charitable contributions to the community reached RM6.2 million, supporting a diverse range of 136 activities. These allocations were distributed across various domains: Education witnessed 27 activities, amounting to RM0.2 million; Social initiatives encompassed 38 activities, with a contribution of RM1.2 million; Health-related efforts comprised 25 activities, involving RM0.2 million; Sports promotion saw engagement through 27 activities, with a significant contribution of RM4.2 million; Environmental initiatives were represented by 6 activities, accounting for RM0.2 million; and Cultural activities amounted to 13 engagements, with a contribution of RM0.2 million. The top beneficiaries that were positively impacted by the Group’s giving initiatives were the Community and Youth. A large portion of givings benefited the Community as it was catered for a specific group that shared the same characteristics to improve their well-being such as enhancements of the Masjid Darul Saadah and sports tournaments.

See How Press Metal Aluminium Holdings Berhad Ranks Against The Other Top 19 Public-Listed Companies

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