1964The pioneer of paper milling & packaging in Malaysia

From fibre to box — and back again.

Two paper mills, a national network of corrugating and converting plants, and a value chain that turns yesterday’s cartons into tomorrow’s.

  • 1964Malaysia’s first paper mill, Penang
  • 635,343tsold in FY2025
  • 1.43RM bnrevenue, FY2025
  • 2,669people across the Group
  • 61%of our energy from renewables

Figures for the financial year ended 31 December 2025, from the Annual Report 2025.

01The loop

Every box comes back.

Muda is integrated end to end: we collect the fibre, make the paper, turn it into board and boxes, deliver them — and collect them again.

FY2025442,365tonnes of waste paper turned back into paper
Bales of recovered corrugated cardboard in a recycling yard

4 recycling centres

01 — Collect

Old boxes and waste paper are gathered through collection points across Peninsular Malaysia. In FY2025 the Group used 442,365 tonnes of waste paper — 63% of everything it produced from.

02Our business

Three divisions. One supply chain.

Our core is rooted in paper milling and corrugated boxes — and we’ve grown upstream and downstream into every paper-related business around them.

Paper Mills

Paper Mills

One of the largest paper-mill operations in Malaysia by capacity, serving local and overseas customers.

  • Muda Paper Mills Sdn. Bhd. (Kajang)
  • Muda Paper Mills Sdn. Bhd. (Tasek)
Inside the division
Packaging & Converting

Packaging & Converting

Corrugating and converting plants throughout Peninsular Malaysia, plus Qingyuan in China.

  • Federal Packages Sdn. Bhd.
  • Muda Packaging Industries Sdn. Bhd.
  • Muda Pasifik Sdn. Bhd.
  • Kotak Malaysia (KOM) Sdn. Bhd.
  • + 6 more
Inside the division
Marketing & Trading

Marketing & Trading

Sales and marketing offices across Malaysia, Australia and Singapore.

  • Intrapac Trading (M) Sdn. Bhd.
  • Central Malaya Paper Sdn. Bhd.
  • Intrapac (Australia) Pty. Ltd.
  • Intrapac (Singapore) Pte. Ltd.
Inside the division
Paper machine at a Muda paper mill

03Inside the mill

“In 2010, new machinery took our combined mill output past 400,000 metric tonnes a year.”

Muda Paper Mills · Kajang & Tasek · ISO 9001 · ISO 50001 · FSC

A nasi lemak bungkus wrapped in brown paper on a kopitiam table
Illustrative image

05Closer than you think

You’ve probably unwrapped us before breakfast.

Our converting plant in Penang makes the water- and grease-resistant wrappers, deli papers, paper trays and self-opening bags that carry Malaysia’s food — certified ISO 22000, HACCP and GMP for food-safe manufacturing.

  • Cap Telefon
  • Paper Top
  • Cap Kipas
  • Cap Lampu
  • Cap Periuk Nasi
  • Cap Rumah
  • Esse
Food packaging & our trademarks

06Sustainability

Paper is the original circular material. We run it that way.

Sustainability
  • 61.0%of energy (Scope 1 + 2) from renewable sourcesAlready past the 40% target set for FY2030.
  • 46.3%lower operational emissions than FY2023On the road to net carbon neutrality by FY2050.
  • 99.9%of industrial-grade paper sales FSC-certified
  • 0work-related fatalitiesAcross 6,147,207 man-hours worked in FY2025.

Source: Sustainability Statement, Annual Report 2025.

07Since 1964

Sixty-two years of making paper in Malaysia.

  1. 1964

    The first mill

    Muda pioneers paper milling in Malaysia with its first paper mill in Penang.

    WEB
  2. 1971

    The first box

    Our first corrugated carton plant opens in Petaling Jaya — paper and packaging under one roof.

    WEB
  3. 1972

    The Group

    Muda Holdings Berhad is founded, the start of five decades as an integrated paper manufacturer.

    AR25
  4. 2010

    400,000 tonnes

    New paper machinery lifts combined mill output past 400,000 metric tonnes a year.

    WEB
  5. 2021–25

    RM607 m reinvested

    Five years of capital expenditure: paper and corrugator upgrades, a warehouse, strategic land and biomass steam.

    AR25
  6. 2025

    Nothing wasted

    A fibre and waste recovery facility starts up in July, reclaiming usable fibre from mill sludge and cutting landfill.

    AR25
  7. 2026

    Biomass, round two

    A second biomass steam boiler — fuelled by oil-palm fibre — is due in the second half of the year.

    AR25
WEB = muda.com.my · AR25 = Annual Report 2025

08Investors

Listed on Bursa Malaysia’s Main Market.

Annual reports since 2015, AGM documents, board charters and policies — in one place, in plain view.

Looking for durable, cost-effective, recyclable packaging?

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