Composites Technology Research Malaysia Sdn Bhd (CTRM) was incorporated on 20 November 1990 with Ministry of Finance Incorporated as its principle shareholder. CTRM is entrusted with a strategic role to develop high technology based industry, namely the Aerospace and Composites industries. CTRM’s main objective and obligation is clearly to take the lead in developing the advanced composites industry in Malaysia by developing People, Capability and Products.
CTRM started it business operations with the assemblies and manufacturing of a two-seater composites light aircraft, Eagle 150B. After 25 years in operation, today CTRM is part of the global supply chain in Composites Aero structures for major commercial and military aircraft manufacturers in the world.
Apart from aerospace manufacturing, CTRM has also expanded into sub and major assembly activities and provides composite testing services, composite R&D and R&T, and composite repair competencies which was developed to provide services in the MRO industry. CTRM diversified its business into marine, automotive and other land transports. In the defense area, CTRM established and operated unmanned aircraft system and pioneered the initiatives to create capability and expertise in highly sophisticated System Integration.
In November 2013, the Ministry of Finance Inc. transferred its ownership in CTRM to DRB-HICOM, a Malaysia leading conglomerate.
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