- CEO
- Chong Hong Ku
- Full Time Employees
- 34
- Sector
- Finance
- Industry
- Real estate development
- Address
- Johor Bahru Malaysia
- IPO Date
- Sep 27, 2001
- Business
- Axteria Group Berhad is an investment holding company that operates primarily in property development, construction, hospitality management, and commercial trading. The company organizes its business operations into three main segments: Property Development and Construction, Hospitality, and Trading. Through its Property Development and Construction segment, Axteria Group Berhad engages in the master planning, development, and sale of residential and commercial real estate properties, including high-rise serviced residences, mixed-use commercial developments, residential townships, and retail units; the provision of general building construction, civil engineering, and infrastructure contracting; and end-to-end project management, site supervision, and architectural design coordination. Through its Hospitality segment, the company provides hotel operations, serviced apartment and resort suite management, short-stay rental operations, concierge services, and hospitality asset management. Through its Trading segment, it engages in the sourcing, wholesale distribution, and trading of building materials, construction supplies, structural hardware, and consumer merchandise. Originally incorporated in 1999 as Acoustech Berhad and headquartered in Melaka, Malaysia, the company primarily serves property purchasers, institutional investors, retail businesses, hotel guests, and commercial contractors across Malaysia, with core operational footprints in Melaka, Johor, and the Klang Valley. In recent years, Axteria Group Berhad has executed significant strategic and corporate transformations, including rebranding and officially changing its corporate name from Acoustech Berhad to Axteria Group Berhad to reflect its strategic diversification away from legacy audio speaker manufacturing into real estate and hospitality; divesting its non-core manufacturing assets to streamline operations; securing joint ventures and development agreements for high-density residential and hospitality projects in southern Peninsular Malaysia; executing private placement and rights issue capital-raising exercises to fund property pipeline expansions and strengthen working capital; and expanding its recurring revenue streams by scaling third-party hospitality operation contracts and property management services.