AIZO Group Berhad

AIZO Group Berhad

MMYX:AIZO
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Full Time Employees
126
Sector
Industrial services
Industry
Engineering & construction
Address
Kuala Lumpur Malaysia
IPO Date
Jun 30, 2005
Business
AIZO Group Berhad is an investment holding company that operates across multiple business segments, including civil engineering and construction, manufacturing of bituminous products, quarry operations, renewable energy, and financial technology solutions. Founded in 1977 and headquartered in Petaling Jaya, Selangor, Malaysia, the company delivers industrial materials, infrastructure works, and utility solutions to public and private sector clients primarily in Malaysia and across Southeast Asia. The company operates through five core business divisions: Civil Engineering and Construction, Manufacturing, Mining and Quarrying, Renewable Energy, and Technology and Financial Services. Within Civil Engineering and Construction, AIZO provides specialized infrastructure development; earthworks and site preparation; road, bridge, and drainage construction; structural works; controlled drilling and blasting services; and turnkey project management. In its Manufacturing division, the company manufactures and distributes oxidized bitumen; polymer-modified asphalt; bituminous emulsions, sealants, and primers; waterproofing coatings; and asphaltic pre-mix products for road paving, building waterproofing, and industrial pipeline protection. Through Mining and Quarrying, AIZO delivers contract mining operations; rock excavation; aggregate processing; quarry management; and the extraction and supply of crushed granite, limestone, and armor rock. In Renewable Energy, the group provides engineering, procurement, construction, and commissioning (EPCC) services for rooftop and ground-mounted solar photovoltaic systems; floating solar power installations; and ongoing operations and maintenance (O&M) services for clean power facilities. Through its Technology and Financial Services division, the group offers microfinance facilities; digital credit and lending solutions; fintech platforms; and specialized information technology consultancy services. In recent developments, the company executed a major corporate rebranding in 2024, officially changing its name from Minetech Resources Berhad to AIZO Group Berhad to signify its strategic transformation from a traditional quarrying and construction contractor into a diversified industrial, clean energy, and technology group. Concurrently, AIZO has accelerated its renewable energy expansion, progressing commercial solar power assets, including floating solar photovoltaic projects in Perak, while forging strategic partnerships to explore smart infrastructure and digital solutions. The company has also realigned its executive leadership and corporate governance framework to strengthen operational efficiency and capital allocation across its expanding engineering, manufacturing, and green technology portfolios.