KUALA LUMPUR (Nov 24): Integrated copper products maker Ta Win Holdings Bhd has started construction of Malaysia’s first local privately-owned electron beam irradiation plant.

In a statement Tuesday (Nov 23), the group said its subsidiary Cyprium Wire Technology Sdn Bhd (CWT) started work on the plant at the latter's manufacturing facilities in Alor Gajah Industrial Estate, Melaka, with targeted completion by April 2022.

Ta Win said as part of CWT’s sales and consultation agreement with CGN Dasheng Electron Accelerator Technology Co., Ltd. (CGN Dasheng), the plant will be equipped with electron beam irradiation systems.

The Malaysian Nuclear Agency director general Dr. Siti A'iasah Hashim said the new irradiation facility will earmark Malaysia's step forward to increase local production of high value products through high technology, especially in the wire and cable industry.

“More importantly, it will be able to support and cater to the electric vehicle industry's need for efficient and quality cabling.

“The technology involved in this project is environmentally-friendly and thus, is in line with the Government's pledge towards making Malaysia cleaner and greener,” she said.

Ta Win group managing director Datuk Sri Ngu Tieng Ung said the electron beam irradiation plant will expand its capabilities to meet the growing global needs of the EV segment by supplying irradiated cross-linked wire and cable products utilising the patented electron beam cross-linked technology.

"This will enable us to develop advanced technological solutions and highly engineered products for a wide a range of industries,” said Ngu.

Ta Win was last traded at 14 sen, giving it a market capitalisation of RM477.96 million.