Panasonic Manufacturing Malaysia Berhad (PANAMY) was first established under the name Matsushita Electric Company (Malaysia) Berhad in 1965, which was listed on Bursa Malaysia in December 1966. It assumed its current name in 2005, in line with its objective of global brand unification, to strengthen Panasonic’s brand value and competitiveness.
Currently, PANAMY manufactures consumer electronics including fans, vacuum cleaners, kitchen appliances and more under its own brand name, Panasonic, in two factories located in Shah Alam: Seksyen 15 (SA1 Plant) and Seksyen 23 (SA2 Plant). The company has grown to become one of Malaysia’s most prominent consumer electronics manufacturers and commands 15-20% share of the domestic consumer electronics market.
If you (or your parents) were lucky enough to have invested RM1,000 in PANAMY when it first listed, and subsequently subscribed to the 1975 rights issue for another RM350, your stake would now be worth RM728,838.40 (at RM37.60 a share
...