Kuala Lumpur: SALIHIN, the Malaysia leading homegrown professional services firm, has been making headlines with its role in driving foreign direct investment (FDI) and bolstering economic collaboration within ASEAN. Recently, the firm was appointed as the corporate advisor for Indonesia’s PT Cipta Perdana Lancar Tbk. (PART), an expansion that highlights SALIHIN’s expertise in guiding global companies into Malaysia’s dynamic market.

According to BERNAMA News Agency, PART was established in 2009 and is headquartered in Tangerang, Banten, Indonesia. The company specializes in manufacturing stamped and assembled components for the automotive, electronics, and sanitation industries. It went public on July 5, 2024, listing on the Indonesia Stock Exchange (IDX). PART’s products cater to major clients such as Toyota, Panasonic, Isuzu, and Hitachi.

Currently, the company has employed 450 staff and focuses on producing parts for two- and four-wheeled vehicles, electrical equipment, and household sanitary products. As of January 8, 2025, the company’s market capitalization was approximately RM73.61 million.