Prachinburi, Thailand– 10 February 2026
EG Industries Berhad (“EG Industries, EG or the Group”), a leading Malaysian electronics manufacturing and upstream component total solutions provider, today marked a significant milestone with the ground-breaking ceremony for its new manufacturing facility at 304 Industrial Park in Prachinburi, Thailand, undertaken by its wholly-owned subsidiary, SMT Industries Co., Ltd. (“SMTI”).
The ceremony was witnessed by Mr. Yothin Pong-or, Mayor of the Tha Tum Subdistrict Administrative Organization (TAO), Dato’ Alex Kang, Group Chief Executive Officer of EG Industries Berhad, and Mr. Kittiphan Chitpentham, Chief Executive Officer of 304 Industrial Park Co., Ltd., alongside other representatives from local government authorities, senior management of EG and SMTI, as well as key stakeholders including banking partners, customers and suppliers.
The new facility is being developed following EG’s proposed acquisition of an industrial land parcel in Prachinburi, which was undertaken in response to requests from new U.S.-based customers, as well as anticipated demand from the local telecommunications data centre sector, for the Group to establish additional manufacturing capacity in Thailand to support the production of electricity storage components, electric vehicle-related products and data centre applications. The factory is also designed to meet stringent customer-specific requirements, including operational segregation and confidentiality.
As previously announced on 23 January 2026, the proposed acquisition involves a freehold industrial land measuring approximately 20,044 square meters, located within
304 Industrial Park, Prachinburi, at a total purchase consideration of approximately THB47 million. Following the acquisition, SMTI plans to construct a single-storey factory, with the total estimated land and construction cost of approximately THB360 million. The proposed acquisition and construction will be funded through a combination of internally generated funds and bank borrowings.
CEO & Executive Director Statement
Dato’ Alex Kang 江邦𤧣 the Group Chief Executive Officer of EG Industries Berhad, said:
“Today’s groundbreaking ceremony marks an important step forward in EG Industries’ regional expansion strategy. Thailand has long been a key manufacturing base for the Group, and this new facility represents our continued commitment to strengthening capacity and capabilities to support the evolving needs of our global customers, particularly those from the United States.
The investment reflects strong customer confidence in EG’s engineering expertise, operational discipline and ability to deliver high-quality manufacturing solutions across multiple geographies. This new plant will position us well to capture opportunities in fast-growing sectors such as electric vehicles, energy storage and data centre infrastructure.”
Mr. Yothin Pong-or, Mayor of the Tha Tum Subdistrict Administrative Organization (TAO), said:
“We welcome EG Industries’ continued investment in Prachinburi. The development of this new factory will contribute positively to the local economy through job creation, skills development and long-term industrial growth. We look forward to supporting EG Industries and SMT Industries as the project progresses.”
The construction of the new factory is expected to be completed by end of 2026, barring unforeseen circumstances.
Outlook
Looking ahead, EG Industries remains optimistic about its growth prospects, underpinned by increasing demand for advanced electronics manufacturing solutions driven by global trends in electrification, digitalisation and data infrastructure expansion. The Group believes that its continued investments in capacity expansion, automation and regional diversification will enable it to deepen relationships with existing customers while onboarding new global clients, creating sustainable long-term value for all stakeholders.
From left (fourth): Mr. Kittiphan Chitpentham, Chief Executive Officer of 304 Industrial Park Co., Ltd.
From left (fifth): Dato’ Alex Kang, Group Chief Executive Officer of EG Industries Berhad
From left (sixth): Mr. Yothin Pong-or, Mayor of the Tha Tum Subdistrict Administrative Organization (TAO)
