Leform Berhad (“Leform” or the “Group”), a homegrown steel pipes and flat steel products specialist, has entered into a Memorandum of Understanding (“MOU”) with Nippon Steel Trading Corporation (“NSTC”) and its Malaysian subsidiary, NST Trading Malaysia Sdn. Bhd. (“NSTM”), to establish a collaborative framework aimed at maximising synergies across their respective businesses.
The MOU provides a formal framework for collaboration between Leform and NSTC, focusing on strengthening the working relationship through closer coordination across business activities. It sets the foundation for both parties to explore opportunities, support mutual growth, and enhance overall business development.
This collaboration further reinforces the positive momentum arising from the Group’s private placement with NSTM, underscoring market confidence in Leform’s strategic direction and strengthening its capacity to deliver on its growth initiatives.
Leveraging NSTC’s global expertise, established network and diversified capabilities, the partnership is expected to enhance Leform’s operational standing and support the creation of sustainable long-term value.
Mr. Law Kok Thye, Managing Director of Leform said,
“This collaboration represents a meaningful step forward for Leform, strengthening our strategic position and enhancing our ability to capture new growth opportunities. By leveraging NSTC’s expertise and network, we are well positioned to drive operational excellence and deliver sustainable long-term value.”
The Board believes that the MOU will create mutual benefits for all parties and contribute positively to the long-term growth and performance of the Group. The MOU serves as a framework to guide future collaboration, and Leform will make further announcements as developments materialise.
For more information, visit https://www.leformgroup.com.my/.
