- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- Kota Kinabalu Malaysia
- IPO Date
- Apr 30, 1995
- Business
- Bertam Alliance Bhd. is a Malaysia-based investment holding company primarily engaged in property development, construction, civil engineering, and property investment. Founded in 1994 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates across Peninsular Malaysia and East Malaysia, with established project footprints in Sabah and the Klang Valley. Bertam Alliance conducts its operations through key operating subsidiaries, including Bertam Development Sdn. Bhd., Bertam Construction Sdn. Bhd., Syarikat Sinar Pembangunan Sdn. Bhd., and MV Properties Sdn. Bhd.
The company delivers a diversified range of property and construction solutions across four core business segments: Property Development, comprising the acquisition, planning, development, and sale of residential properties, including high-rise condominiums, townhouses, terrace homes, and semi-detached residences, as well as commercial real estate including retail shop offices, commercial complexes, and master-planned mixed developments; Construction and Civil Engineering, offering main building contracting, structural construction, earthworks, infrastructure works, road building, drainage engineering, and civil contracting for both in-house developments and external public and private sector clients; Property Investment and Management, providing property holding, commercial leasing, tenancy management, facilities maintenance, and project development consultancy; and Trading of Building Materials, supplying construction inputs, structural steel, cement, architectural hardware, and building components to construction and engineering enterprises.
In recent developments, Bertam Alliance Bhd. has focused on comprehensive financial and operational restructuring under the framework of Practice Note 17 (PN17) of the Bursa Malaysia Listing Requirements. The company has advanced a proposed regularisation plan incorporating capital reduction, share consolidation, rights issuances, and private equity placements to restructure its balance sheet, enhance cash flow, and rebuild its capital base. In parallel, the group has executed debt rationalisation and creditor settlement exercises, divested non-core asset and land holdings to reduce carrying costs, and repositioned its core operating strategy toward asset-light development models, joint venture development arrangements, and turnkey construction management agreements across Sabah and Peninsular Malaysia to restore operational viability and work toward the upliftment of its PN17 classification.