Binastra Corporation Berhad
MMYX:BNASTRA2.75
MYR
-0.05
(-1.79%)
Binastra Corporation Berhad
MYX:BNASTRA
(Bursa Malaysia)
Recent
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2.75
P/E
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yld
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ROIC.AI
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- Business
- Binastra Corporation Berhad is a Malaysia-based investment holding company primarily engaged in building construction, civil engineering, and mechanical and electrical engineering services. The company operates through segments that include Construction, Mechanical and Electrical Engineering, and Property Support Services. Its portfolio of offerings includes general building construction services for high-rise residential towers, commercial buildings, landed residential developments, and industrial facilities; civil and structural engineering works, including earthworks, foundation and piling works, drainage systems, and road infrastructure; mechanical, electrical, and plumbing engineering solutions, comprising the design, installation, testing, and commissioning of high- and low-voltage electrical power distribution, extra-low voltage systems, air-conditioning and mechanical ventilation systems, fire protection and prevention systems, and sanitary and plumbing networks; data center infrastructure engineering, including power management, specialized cooling systems, and MEP fit-outs; and construction management, interior fit-out, alteration, and structural refurbishment services. Binastra Corporation Berhad serves private property developers, commercial enterprises, industrial facility owners, and governmental infrastructure bodies primarily across the Klang Valley and Peninsular Malaysia. In recent developments, the company completed a comprehensive regularisation plan, successfully exited PN17 status, and officially changed its name from Comintel Corporation Berhad to Binastra Corporation Berhad in early 2024 to reflect its transformation into a specialized construction and engineering powerhouse under the Binastra group. The company has significantly broadened its operational scope by aggressively expanding its construction order book through high-value residential and commercial contract wins, while strategically venturing into data center mechanical and electrical infrastructure development and sustainable green building solutions. Binastra Corporation Berhad was founded in 1996 and is headquartered in Kuala Lumpur, Malaysia.