Overview Of The Group
Breathing New Life Into Old Gold
The Mega Group’s core business activities comprise scrap gold recovery and the production and distribution of jewellery from the recovered gold.Each company in the Mega Group is responsible for one part of the gold supply chain.
*The Mega Group is not an officially registered Group of Companies owned by a single parent company; rather, it is a term of convenience used to collectively refer to Mega Group International Sdn.Bhd. (‘Mega’), Sinar Mega Emas Sdn. Bhd. (‘Sinar’), and Le Grand Creations Sdn. Bhd. (‘Le Grand’), all of which are majority-owned by Mr.Leong Chee Mun.
Vertical Integration Results in Greater Operational Efficiency.
The Mega Group's vertically integrated business model means we have a presence in most parts of the gold supply chain, with positive implications for productivity, profitability, and punctuality. The advantages the Mega Group enjoys consist of, among others,
- Lower Operating Costs
Sourcing raw material from Sinar allows Le Grand to save on the huge markups charged by 3rd party suppliers. Similarly, Le Grand offers Mega more favourable prices for jewellery.
- Shorter Turnaround Times
Mega, Le Grand, and Sinar can coordinate shipping and production schedules to ensure a seamless flow of raw materials and finished products. The risk of delays is mush lower compared to outsourcing certain processes to 3rd parties.
- More Control Over Product Quality
Keeping manufacturing within the Mega Group makes it easier for quality control officers to monitor the production process. In turn, problems can be detected and addressed more swiftly.