GEORGETOWN, Penang — January 22, 2026 — YBS International Berhad today finalised a strategic investment signing ceremony for the acquisition of Allied, funded in partnership with EXIM Bank Malaysia, marking one of the most significant cross‑border expansion milestones for a Malaysian mid‑tier manufacturer in recent years.

This landmark acquisition is projected to triple the company’s workforce from 1,000 to 3,000 employees and marks YBS International’s official transition from a Small and Medium Enterprise (SME) into a large-scale Malaysian global enterprise with expanded regional presence and export capacity.

The acquisition serves as the cornerstone for a massive regional expansion. YBS International will significantly increase its manufacturing footprint with expanded facilities in Johor Bahru and Melaka, alongside new international operations in Vietnam and Bangkok. This move secures diversified revenue streams and a broader customer base, positioning the company to compete on a global stage.

“This acquisition is a defining moment on our road to the billion-ringgit mark. While we project our revenue to scale from RM100 million to RM600 million, we remain focused on disciplined execution” said Mr. Yong Chan Cheah, CEO of YBS International Berhad. “We recognise that it will take two to three years to fully integrate this investment, as we work to transform our current RM100 million foundation into RM400 million of sustainable, high-value capacity.”

At the centre of this achievement is EXIM Bank Malaysia, whose role as financier and development enabler was instrumental in realising the transaction.

As the nation’s specialised export trade‑financing institution, EXIM Bank’s support reinforces its mandate to empower Malaysian companies to expand overseas, strengthen national export competitiveness, catalyse private‑sector globalisation, and drive Malaysia’s industrial growth in high‑value markets.

“The partnership with EXIM Bank Malaysia signifies more than funding — it represents Malaysia’s commitment to nurturing globally competitive champions that can penetrate new markets, create high‑value jobs, and elevate the nation’s export capabilities,” said Mr. Yong.

The financing agreement was signed by Faizah Mustapa, Chief Business Officer of EXIM Bank Malaysia, and Yong Chan Cheah, Group Managing Director and CEO of YBS International Berhad, witnessed by YAB Tuan Chow Kon Yeow, Chief Minister of Penang.

Central to this achievement is the partnership with EXIM Bank Malaysia, whose role as an integral funding partner and enabler has been vital in making this project possible. As the nation’s specialised export trade‑financing institution, EXIM Bank Malaysia support reflects the confidence of the financial sector in Penang’s industrial players and highlights the importance of strategic collaboration between industry and banking in driving and empowering Malaysian companies to grow and expand overseas. This helps to strengthen national export competitiveness, catalyse private‑sector globalisation, and drive Malaysia’s industrial growth in high‑value markets.

A Commitment to Sustainable Growth Addressing the investor community, YBS International emphasized that this acquisition is designed for long-term value creation. The company is committed to a disciplined integration process, ensuring the expansion remains sustainable, inclusive, and aligned with its core values of integrity, innovation, and resilience.

Acknowledgements and Gratitude The transition to a large-scale enterprise is a culmination of nearly two decades of support. YBS International extends its deepest gratitude to:

• Government Agencies: SME Corp, for the foundational 2007 grant; PDC and InvestPenang for expediting state and government processes MIDA and MATRADE, for supporting process improvements and overseas expansion; and MITI, for facilitating the partnership with EXIM Bank Malaysia.
• Financial Partners: EXIM Bank Malaysia, specifically Mr. Sarevenan Moorthi and Datuk Nurbayu Kasim Chang, for their confidence and vital partnership.
• Leadership and Community: COO Mr. Jeff Low, for upgrading organizational systems to international standards; and the business community, with special thanks to Dato’ Dr. Mohd Sofi Bin Osman, Dato’ Jimmy Ong and Dato’ Seri Dr. Ooi Eng Hock for their unwavering support.

About Export-Import Bank of Malaysia Berhad (EXIM Bank Malaysia)
Established in August 1995, EXIM Bank Malaysia provides financing and advisory support to Malaysian businesses pursuing global ventures across diverse sectors. EXIM Bank Malaysia fulfils its mandate to enhance competitiveness of Malaysian industries internationally, offering comprehensive banking and takaful products.

Effective 1 May 2025, EXIM Bank Malaysia became a subsidiary of Bank Pembangunan Malaysia Berhad (BPMB).

About YBS International Berhad:
YBS International Berhad is a leading provider of highprecision engineering solutions and plastic injection moulding. With a growing footprint across Malaysia and Southeast Asia, YBS specialises in delivering integrated manufacturing services to high-value global markets.