NEGERI SEMBILAN MENTERI BESAR APPLAUDS MALAYSIA & CHINA’S RM1BIL COLLABORATION TO STRENGTHEN MALAYSIA’S POSITIONING IN SOUTHEAST ASIA’S SEMICONDUCTOR SUPPLY CHAIN, GENERATING 500 JOB OPPORTUNITIES

YAB Dato' Seri Haji Aminuddin Bin Harun, Menteri Besar of Negeri Sembilan, graced the official joint venture collaboration between local Precision Metal Parts Manufacturer - Metalmach Micro Technology (MMT) and Auxiliary Materials partner from China - Future Hover Industrial Co., Ltd (Future Hover) to invest RM1 billion in making Malaysia the preferred destination for semiconductor exports in Southeast Asia and the world.

YBhg. Dato’ Iqmal Shafiq bin Dato’ Seri Mohd Haniff, Chairman of Metalmach Micro Technology; Mr. Low Kim Yoong, Operation Director of Metalmach Micro Technology; YAB Dato' Seri Haji Aminuddin Bin Harun, Menteri Besar Negeri Sembilan; YB Puan Nicole Tan Lee Koon, State EXCO Members and State Assembly of Bukit Kepayang; Mr. Alfred Foo, Business Director (Malaysia) of Future Hover Industrial Co., Ltd; YBhg. Dato’ Haji Najmuddin Sharif bin Sarimon, Chief Executive Officer of Invest Negeri Sembilan

As part of this collaboration, both parties will collectively synchronize top-of-the-line technologies and resources to offer a one-stop solution for the industry. This is achieved by combining MMT’s 40 years of experience in precision machining, mold dies, and development of semiconductors together with Future Hover’s highly competitive consumables and auxiliary materials as well as its expertise in semiconductor testing and packaging, all under one roof.

The homegrown brand and its China counterpart will be collectively investing RM1 billion to generate RM 10 billion in export revenue within the next 10 years, beginning with the completion of an all-inclusive and comprehensive factory which will soon be set up in Negeri Sembilan, Malaysia. This will serve as a hub for local and international suppliers to source more competitive items in a shorter lead time and generate more than 500 jobs within the region. In doing so, the two parties hope to provide technical training and in-depth insights into the industry, in an effort to contribute to building a large population of skilled workers in Negeri Sembilan and our country.

Ms. Guan Mei Ying, General Manager of Future Hover, commented saying, “Malaysia serves as an ideal location for us to anchor in the Southeast Asia region not only because of its supportive government but also factors such as the educated workforce, strategic location, and developed infrastructure that can most definitely bring a huge impact to our operations. While this collaboration will indefinitely result in a multitude of job opportunities for Malaysians, I look forward to seeing the greatness that we can achieve together as a result of combining the knowledge, expertise, and resources of two great nations.”

It was revealed at the press conference that through this collaboration, MMT is given the opportunity to establish its presence in the China market, offering existing services to industry players within the region and further contributing to the export sales and demand for Malaysian products and services.

Mr. Low Kim Yoong, Operations Director of MMT, said, “With the increasing demand and tremendous expansion of the semiconductor sector within Southeast Asia, this collaboration will not only strengthen the position of both companies within the region but also enhance Malaysia’s already favorable position in the supply chain and enable our beloved country to be the priority choice for semiconductor production globally. This joint venture collaboration will enable us to handle everything from the front end to the back end of semiconductor assembly, making us one of the strongest players in the semiconductor industry supply chain.”

“We look forward to providing superior support and cost-efficient solutions for industry players across the globe as well as contributing to the growth of our nation, with the commencement of this joint venture collaboration,” he concluded

Due to the lockdowns in China, Ms. Guan Mei Ying could not be physically present to partake in the official signing ceremony; thus, Mr. Alfred Foo, Business Director (Malaysia) of Future Hover, who worked tirelessly to ensure an effective and successful partnership between the two parties, was appointed to represent the general manager of Future Hover at the main event.

About Metalmach Micro Technology (MMT) 

Metalmach Micro Technology Sdn. Bhd. was established in 1979. Our core business is manufacturing Precision Metal Parts (Tools and Dies, Jigs & Fixtures, Mold Parts, and Carbide Toolings) for our customers globally with more than 30 years of experience in precision machining and mold and die fabrication.

About Future Hover Industrial Co., Ltd (Future Hover) 

Based in Shenzhen, China since 2003, Future Hover is a multi-award winning brand that focuses on the research and development as well as the production of the key bottleneck materials required for semiconductor manufacturing, and provide lots of superior alternatives.