Oceancash

About

Management

Facts

Value

History

About Us

Oceancash Pacific Berhad​
The Oceancash Group has come a long way since its humble beginnings in 1997. Mr. Tan Siew Chin and Mr. Lo Pong Kiat co-founded the business from a modest resinated felt and nonwoven manufacturer operating in rented premises and grew it into one of South East Asia’s leading supplier in both segments. Over the period of over 20 years, the Group has extensively diversified its range of eco-friendly products and services with customers all over Asia and Europe.

The listing of Oceancash in the Malaysian Stock Exchange has enhanced our capabilities to meet the escalating demands of the hygiene and automotive industry.

Management

Tan Siew Chin

Executive Chairman & CEO
Member of CIMA & MIA

Tan Wey Chien

Executive Director
University of Manchester
Member of CPA Australia & MIA

Tan Wey Chung

Executive Director
University of Liverpool
Member of CPA Australia & MIA

Chan Soo Wah

Senior Independent Non Executive Director
Member of ICAEW & MIA

Ngiam Kee Tong

Indepedant Non Executive Director
University of Malaya
LLB Law

Crystal Yong Mei Yee

Indepedant Non Executive Director
University of Queensland
Member of CPA Australia & MIA

Mah Yit Mui

CFO
Member of ACCA & MIA

Lor Seng Thee

Group GM
UNSW Australia

Facts

Oceancash is the largest felt producer in South East Asia and the second largest manufacturer of nonwoven fabric in the region. We take great pride in our work and the prolific relationship with our valued customers. At Oceancash, we support our customers every step of the way which made us a preferred industry partner.

People

Oceancash Group employs a workforce of more than 200 people in the entire region. Our headquarters is located in Bandar Baru Bangi, Malaysia.

Facilities

To promptly serve our customers across the region, Oceancash Group owns and operates nonwoven and felt production facilities in Malaysia, Indonesia and Thailand.

Customers

Our prominent customers represent extensive global consumer brands within the hygiene and automotive market.

Ownership

All business entities under the Oceancash Group are 100% owned by Oceancash Pacific Berhad which is listed on the Bursa Malaysia stock exchange.

Core Values

We pride ourselves in providing full dedication into the successes of the company as we grow and expand. It is an integral part of our culture that contributes greatly towards our growth as a leading provider of innovative solutions within the hygiene and automotive industries.

Intregrity

We are committed to conducting our business with uncompromising integrity and honour.

Teamwork

We believe teamwork is an essential core to the foundation of our continuous success.

Honesty

We uphold honesty above all else in order to attain long-lasting customer loyalty and trust.

Our History

1996

Our history began with the foundation of Ekounion Sdn Bhd. During this period, we operated with a single felt production machine from rented premises in Cheras Jaya, Malaysia. This initial investment was made following the demand for heat and sound insulation in the automotive and air conditioning market.

1999
Eternal Triumph Sdn Bhd was established as we diversified into the nonwoven business with our first nonwoven machine to cater to the sprouting demand of premium nonwoven materials for the hygiene segment.
2001 & 2003
All companies within the group was renamed to reflect the Oceancash identity. We relocated our production facilities to a new home in Bandar Baru Bangi which enabled us to expand our market reach in tandem with the growing demands and achieve our future expansion plans.
2004
Oceancash Pacific Berhad listed on the ACE Market of then Kuala Lumpur Stock Exchange (KLSE). The company first traded on the KLSE in August 2004 under the symbol OCNCASH and transferred to the Main Market in 2018.
2011

The expansion of Oceancash Felts production facilities in Bekasi, Indonesia solidifies our position within the region by significantly reducing lead time and enhance our competitiveness in the automotive market.

2014

We relocated our production facilities from Bekasi to Cikarang for better proximity with key clienteles from the Indonesian automotive industry. A new production hall, warehouse and lab proved our readiness for further growth, supported by the addition of our second felt machine.

2016 & 2018

Oceancash introduced our new spooling facility which improved our capability to export bulky nonwoven to foreign customers for the rising premium hygiene market. We launched our embossing and perforation facilities which enables us to deliver unique products and services to customers.

2018

Oceancash Pacific Bhd transfers to the Main Board of Bursa Malaysia.

2019

Oceancash expands our felt production facilities into Chonburi, Thailand and fortifies our position within the South East Asian automotive market.

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