MOX buys over Eastern Oxygen

PETALING JAYA: Malaysian Oxygen Bhd (MOX) has acquired the remaining 51% of the shares in Eastern Oxygen Industries Sdn Bhd (EOX) from BNDM Inc Holdings Sdn Bhd (BNDM), increasing its ownership in EOX to 100%.

EOX is the leading industrial gases player in Sarawak, operating from five sites there, MOX said in a statement yesterday.

MOX, Malaysia’s largest industrial gases company, has been associated with EOX since 1975.
Wong Siew YAP

MOX managing director Wong Siew Yap (pic) said the company increased its holding in EOX to 100% as it wasconfident about the growth prospects in east Malaysia, including Labuan.

MOX, a member of the Munich-headquartered Linde group, earlier this year opened its new RM200mil air separation plant in Pasir Gudang, Johor, which is capable of producing over 500 tonnes per day of gases and liquid. The company is currently constructing Malaysia’s largest carbon dioxide plant in Kertih, Terengganu with an investment of RM60mil.

MOX manufactures and distributes industrial, specialty and medical gases, and provides a range of related services including the installation of gas equipment, pipelines and associated engineering services.

In addition, it also offers packaged chemicals and welding products.