Polymer Link eyes capturing Australia's resin import demand

Sunday 20 Sep 2026

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KUALA LUMPUR (Nov 4): Australia's transition into an import market for resins represents an opportunity for growth, said ACE Market-bound Polymer Link Holdings Bhd.

The plastic powder supplier, whose nearly 15% of revenue comes from Australia, is planning to open a warehouse near Brisbane Port to reduce order fulfilment times and serve as a distribution point for customers across the country.

“Our focus now is on Australia," said group CEO Koh Song Heng.

"A lot of things have evolved as it has become an import market.

"We see many opportunities in Australia and would like to take advantage of that fact," Koh told reporters after its prospectus launch on Tuesday.

Polymer Link's Australia expansion forms part of its RM24.3 million fundraising via the ACE Market.

The group also plans to expand its European footprint as it has an existing customer base in the UK, Latvia, and Türkiye. In its prospectus, Polymer Link is eyeing a representative in Poland to be its main distribution hub to scale operations across the whole region but did not provide further details on who their Poland counterpart would be.

According to group senior vice president Koh Tat Chuan, the Brisbane warehouse, which will be funded from part of its initial public offering proceeds, is expected to reduce order fulfilment times to no more than one and a half weeks.

Originally, it would take them four to six weeks to complete orders, says Koh. The setting up of the warehouse will begin two months post listing.

The storage facility will house manufactured plastic powder and the group said its location was strategic in order to cater to their major customer — Tankpool Pty Ltd, who is a manufacturer and distributor of polyethylene rainwater water tanks and custom rotational moulding services.

Australia contributes 14.5% of their total revenue of RM106.6 million, for the nine-month financial period of 2025.

On the topic of its voluntary delisting from the LEAP Market in 2020, group CEO Koh said the decision to delist was made to accord the company with greater flexibility as a private entity to streamline its business operations, including restructuring entities within the group to realize their long-term growth potential.

Edited ByAdam Aziz, Kamarul Azhar

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