Brand profile · Manufacturing

Eastern Steel Sdn Bhd Malaysia

Eastern Steel Sdn Bhd Malaysia is a Manufacturing brand in Kemaman, Terengganu. Privately held, at easternsteel.com.my. It holds one address on record, all in Malaysia. It employs 48 people, on the record. Its latest round on record is Debt financing, US$230.0M. It is listed alongside eight similar brands, mostly in Oil and Gas.

Profile live Privately Held Founded 2012 1 office country US$ 230.0M Debt financing

Key facts

Counted staff
48
self-reported band not used
Founded
2012
14 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
1
Debt financing · Aug 2024 · US$ 230.0M
Company type
Privately Held
self-reported
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Description

Eastern Steel Sdn. Bhd. (“ESSB” or the “Company”) is located on the East Coast of West Peninsular of Malaysia. It was jointly invested by Beijing Jianlong Heavy Industry Group Co., Ltd. (“Beijing Jianlong”) and Hiap Teck Venture Bhd. (“HTVB”). It was built on an industrial land measuring 1209 acre. Its main production facilities consist of a sintering plant, an iron making plant, a steel making plant and an auxiliary plant, and it has an annual production capacity of 700,000 metric tons. The principal activities of the Company are manufacturing, selling and dealing in a range of steel product, serving the Malaysian and Southeast Asian markets. In 2018, Beijing Jianlong acquired controlling stake in ESSB and commenced resumption of production within a relatively short period of half a year. Moving forward, the Company is planning to expand its annual production capacities to 5 million metric tons with the building of a fully integrated steel plant.

Locations

Country footprint

Offices in 1 countryCountry footprint: 1 country, primary MY. Codes: MY.1 countryprimary MYMY
Show as table · Offices in 1 country
Offices in 1 country
Countries1
Primary countryMY

All codes: MY

Addresses

  • MYLOT6293&6294, TELUK KALUNG INDUSTRIAL ESTATE 24000 KEMAMAN TERENGGANU MALAYSIA; KEMAMAN, TERENGGANU 24000Primary

Grid intelligence Members

Funding

Last round · 16 August 2024US$ 230.0MDebt financing
Rounds1
Round typeDebt financing · non-equity funding
Amount (USD)230,000,000
Stage ranknot recorded
Investors named0
Since last round1 yr 5 mo

Funding

1 funding roundFunding timeline. Latest round 16 Aug 2024: Debt financing, US$ 230.0M.20122026Debt financingUS$ 230.0M1 round
Show as table · 1 funding round
1 funding round
Rounds1
Axis2012 to 2026
Debt financing · 16 Aug 2024US$ 230.0M

Dated rounds only. The axis ends at the date this profile was last observed, not at today.

Spending power

TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.

Spending power

Signals & hiring

Hiring, headcount and registry-change signals, streamed to members.

Latest signal
Hiring activity
Headcount trend

Financials

Registry-filed capital and financial indicators, standardised by TheGrid.

Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss

People & contacts

4 employee profiles on record · names withheld.

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FAQ

How many people work at Eastern Steel Sdn Bhd Malaysia?

48 counted staff profiles at January 2026. The brand's self-reported band sits above that count and is not published as a headcount.

Where does Eastern Steel Sdn Bhd Malaysia have offices?

One address on record, Malaysia only. Primary: Lot6293&6294, Teluk Kalung Industrial Estate 24000 Kemaman Terengganu Malaysia, Kemaman, Terengganu 24000.

Has Eastern Steel Sdn Bhd Malaysia raised funding?

One round. Latest 16 August 2024: debt financing, US$230,000,000.

Which companies are listed alongside Eastern Steel Sdn Bhd Malaysia?

11 profiles list Eastern Steel Sdn Bhd Malaysia as a peer — 92nd percentile in Manufacturing. It lists ten peers of its own. Alliance Steel (M) Sdn Bhd and Eastern Steel Sdn Bhd list it back.

What is Eastern Steel Sdn Bhd Malaysia's website?