Kuala Lumpur: Sapura Industrial Bhd (SIB) announced that it remains largely shielded from potential exposure to United States tariffs, while continuing to monitor the indirect impacts on its clients and export market demand. ‘While we are not directly hit by the tariff measures, we are carefully assessing the ripple effects on our customers. Markets like China are actively engaging us, and we have a dedicated team exploring how SIB can participate in regions facing such challenges,’ managing director Datuk Syed Izuan bin Syed Kamarulbahrin stated at a press conference following the launch of the group’s new corporate identity.

According to BERNAMA News Agency, SIB identifies emerging opportunities in markets affected by tariff disputes, particularly in localizing supply chains for foreign original equipment manufacturers (OEMs) operating in Malaysia. Syed Izuan mentioned that they do not see Chinese players as competition, but rather view the presence of more foreign OEMs as an increase in demand for locally sourced parts. ‘Our components – particularly those critical for safety – remain in strong demand regardless of the car brand origin,’ he added.

Despite a slightly weaker sales forecast for this year, SIB remains optimistic about the overall component demand in Malaysia, where the total industry volume reached 800,000 vehicles last year. Syed Izuan expressed confidence that the demand for components will remain strong.