_{Empowering ASEAN Markets: SALIHIN and PART Join Forces for Economic Development} 
 

KUALA LUMPUR, Jan 14 (Bernama) -- 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.

PART was established in 2009 and headquartered in Tangerang, Banten, Indonesia, specializes in manufacturing stamped and assembled components for the automotive, electronics, and sanitation industries. The company went public on July 5, 2024, listing on the Indonesia Stock Exchange (IDX).  Its products cater to clients such as Toyota, Panasonic, Isuzu, and Hitachi. Currently the company has employed 450 staff and focus on producing parts for two- and four-wheeled vehicles, electrical equipment, and household sanitary products. As of 8 January 2025, the company's market capitalization was approximately RM73.61 million.

SALIHIN’s collaboration with PART, comes at a time when Malaysia’s government is emphasizing innovation-led growth through the Malaysia MADANI Budget 2025 and the 13th Malaysia Plan (RMK-13). These initiatives aim to attract FDI and strengthen Malaysia’s position as a regional economic hub. Leveraging its deep expertise, SALIHIN offers foreign investors tailored support in market entry, regulatory compliance, and strategic alliances.

The recent appointment represents another major step forward in SALIHIN's journey to expand its operations into the Indonesian market. "This trust placed in us by PART underscores our capabilities and commitment to delivering value-driven solutions. Expanding into Indonesia is a pivotal move that reinforces SALIHIN's growth strategy and positions us to tap into the vast opportunities within this vibrant market," said Ahmad Izwan Adnan, Deputy Group Managing Partner of SALIHIN.

As Malaysia takes on the chairmanship of ASEAN, SALIHIN is well-positioned to play a pivotal role in driving regional economic integration. With its track record of delivering impactful results and innovative solutions for both local and international clients, the firm continues to align with global best practices while staying true to its Islamic values.

SALIHIN’s ongoing dedication to sustainability and value-driven growth cements its status as a trusted advisor for foreign investors. By supporting collaborations like PART’s and fostering partnerships with automotive giants, SALIHIN contributes to Malaysia’s vision of becoming a top FDI destination and a leader in ASEAN’s economic development.

For more information on SALIHIN and its services, please visit www.salihin.com or contact our media relations team at gmpo@salihin.com / +603-61859970
 
About SALIHIN

SALIHIN is Malaysia’s premier professional services firm, offering a wide range of services, including audit and assurance, direct and indirect taxation, corporate advisory, shariah advisory, ESG and sustainability, professional learning and education, digital consultancy,  and outsourcing services. Established in 2002, SALIHIN is committed to providing high-quality professional services, guided by Islamic principles and a dedication to sustainable development.

About PT Cipta Perdana Lancar Tbk.

PT Cipta Perdana Lancar Tbk. (PART) is an Indonesian manufacturing leader specializing in automotive, electronics, and sanitary components. Since its establishment in 2007, PART has consistently delivered innovative solutions and is now focused on expanding its market presence in Southeast Asia, beginning with Malaysia. 

SOURCE: SALIHIN

FOR MORE INFORMATION, PLEASE CONTACT: 
Media Relations Team
Tel: +603-61859970
Email: gmpo@salihin.com

--BERNAMA