MFE Formwork Technology

MFE Formwork Technology was compromised in a ransomware attack attributed to medusa in November 2025. The organization, operating in the Construction sector in Singapore, was added to the group's data leak site as part of an extortion campaign.

medusa operates as a financially motivated ransomware-as-a-service (RaaS) operation, exfiltrating sensitive data and threatening public disclosure to pressure victims into paying ransom demands.

MFE Formwork Technology is a global leader in aluminium formwork solutions, known for delivering fast, efficient, and high-quality building systems. The company designs and manufactures precision-engineered formwork that enables rapid construction cycles for both high-rise and landed housing projects. With advanced manufacturing capabilities and a strong focus on engineering excellence, MFE supports developers and contractors in achieving consistent concrete finishing, reduced labour needs, and improved project timelines. Operating in more than 50 countries, the company also provides technical support, 3D modelling, and customised solutions for complex structures. MFE is recognised for innovation, durability, and reliability across the construction industry. company is headquartered in MFE Formwork Technology Sdn Bhd, Lot 4 & 6 Jalan Tun Perak 3, Perdana Industrial Park, 42000 Port Klang, Selangor, Malaysia. 51-200 Employees