Who We Are
Yasmin Group is established on the foundation of ensuring sustainable growth within the pillars of
family values, business diversity, reliability, efficiency and quality. Founded on the 4th of April in
1980, this homegrown conglomerate has grown from strength to strength over the years since its
humble beginnings in Alor Setar as Yasmin Enterprise, a trading company named after the founder,
Tan Sri Rahmat Abu Bakar’s beloved wife and steadfast partner.
By seizing opportunities in niche markets and investing prudently, Yasmin Enterprise managed to
branch out into various new businesses and achieved astounding growth rates in line with the newly
industrialised Malaysia in the 1990s while upholding trust and respect in all its business dealings.
When Malaysia commenced its national car project in 1983, Tan Sri Rahmat Abu Bakar saw the
potential to be part of this ground-breaking initiative. The firm’s involvement with Proton Holdings has
lasted over 20 years through Yasmin Jurumuda Sdn Bhd (previously known as Jurumuda Sdn Bhd),
Malaysia’s premier rustproofing.
By branching out and establishing new businesses, Yasmin Enterprise soon grew to become Yasmin
Holdings before forming Yasmin Group in Kuala Lumpur. Today, Yasmin Group and its subsidiary
companies have become a successful, multi-million-dollar conglomerate with a record annual turnover
of RM228 million (USD71 million) that has set its sights on becoming a prominent international
business entity.
BUSINESS DIVERSITY
Since its founding in 1980, Yasmin Holdings Sdn Bhd has steadfastly fulfilled its vision as an
investment holding company with diversified long-term investments in various sectors including
properties, freight and lifestyle across Malaysia (including Kuala Lumpur, Selangor, Kedah, and
Penang) and Indonesia.
Headquartered in Damansara, Selangor, and helmed by a strong core team with extensive investment
and management experience in multiple industries, Yasmin Holdings Sdn Bhd is committed to
developing the property and lifestyle markets through a united vision alongside associate companies
including Yasmin Jurumuda Sdn Bhd, Yasmin Engineering (M) Sdn Bhd, Interclass Origin Sdn Bhd,
Common Power Sdn Bhd, Fame Cosmetics Sdn Bhd, My Flexitank Sdn Bhd, Recomtec Sdn Bhd, and
My Healthcare Industries Sdn Bhd via investment outreach to ensure sustainable growth for all
stakeholders.
SHARIAH COMPLIANCE
Yasmin Group has recently appointed Ustaz Ramadhan as the Chairman to the Shariah Advisory Committee. All subsidiary companies are required to observe strict Shariah-compliance rules stipulated under the Guidelines issued by the Committee. The Group also ensures property tenants only conduct permissible activities in accordance with the Shariah.
FOSTERING STRATEGIC RELATIONSHIPS
Yasmin Group has fostered and secured long-term strategic partnerships with leading companies worldwide, including Pipeline Services (UK) Ltd, Fuji Oil Co., Ltd (Japan), and Kumho PetroChemical Co., Ltd (Korea) where mutually beneficial close business relationships are nurtured to propel the Group forward to the international arena.
CONTINUITY OF BUSINESS
Despite the Group’s continuing success, the team is still relentless in pursuit of business continuity by advancing the manufacturing, FMCG, beauty care, logistics, property investment and global trade industries both locally and internationally through fostering strategic business partnerships with reputable global partners.
Vision & Missions
Vision
To utilise the entrepreneurial qualities and become a value creating global corporation that serves the global community.
Mission
- To pursue sustainable growth by strategic and ethical means.
- To uphold stakeholders’ values and expectations.
- To explore, develop and realise new opportunities.
- To be the industry’s partner of choice.
- To adopt positive values in pursuit of corporate excellence.
- To contribute to the well-being of the community and the conservation of the environment.