Crescendo Corp. Bhd.

Crescendo Corp. Bhd.

MMYX:CRESNDO
1.18
MYR
0.00
(0.00%)
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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

CEO
Seong Lim Gooi
Sector
Finance
Industry
Real estate development
Address
Johor Bahru Malaysia
IPO Date
Apr 8, 1997
Business
Crescendo Corporation Berhad is a Malaysia-based investment holding company engaged primarily in property development, building construction, property investment, building materials manufacturing, and educational services. Founded in 1995 and headquartered in Johor Bahru, Malaysia, the company operates as a subsidiary of Sharikat Kim Loong Sendirian Berhad and concentrates its core operations across southern Peninsular Malaysia, particularly within the Iskandar Malaysia economic zone. The company organizes its commercial activities into four distinct operating segments: Property Development and Construction; Manufacturing and Trading; Property Investment; and Services and Others. Under Property Development and Construction, the company undertakes the development of master-planned integrated townships, industrial parks, and commercial hubs, including projects such as Bandar Cemerlang, Desa Cemerlang, Taman Dato Chellam, Taman Perindustrian Cemerlang, and Nusa Cemerlang Industrial Park; executes general building contracting and structural works; and delivers civil engineering infrastructure services. Under Manufacturing and Trading, the company produces and distributes building materials, comprising ready-mix concrete; precast concrete components; reinforced concrete pipes; spun concrete piles; concrete masonry bricks; and complementary building supplies. Under Property Investment, the company manages and leases commercial premises, built-to-suit factory buildings, industrial warehouses, and undeveloped land parcels. Under Services and Others, the company delivers property and corporate management services; civil works maintenance; oil palm cultivation; and educational services delivered through institutions including Crescendo International College and Crescendo-HELP International School. In recent corporate developments, Crescendo Corporation Berhad has strategically shifted significant portions of its prime industrial land bank in Johor to support the rapid regional expansion of hyperscale data centers and digital infrastructure. The company has executed major strategic land divestments totaling hundreds of millions of ringgit, including multiple parcel sales in the Mukim of Pulai to Microsoft Payments (Malaysia) Sdn. Bhd. for data center campus construction, as well as industrial land disposal agreements with digital infrastructure operator MSFusion Sdn. Bhd. These strategic transactions have significantly strengthened the company's liquidity, capital allocation framework, and financial position, enabling accelerated development across its remaining township pipelines and industrial development assets within the Johor-Singapore Special Economic Zone.