Farlim Group (Malaysia) Bhd.
MMYX:FARLIM0.16
MYR
+0.01
(+3.33%)
ISIN
MYL6041OO007
Return %
Stock
S&P 500
1Y
-8.82
14.20
3Y
-31.11
81.12
5Y
-46.55
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Gait Tong Lim
- Full Time Employees
- 52
- Sector
- Finance
- Industry
- Real estate development
- Address
- Penang Malaysia
- IPO Date
- Jul 26, 1995
- Website
- farlim.com.my
- Similar Companies
- Business
- Farlim Group (Malaysia) Bhd. is an investment holding and property development company headquartered in Petaling Jaya, Selangor, Malaysia. Founded in 1982 and listed on the Main Market of Bursa Malaysia in 1995, the company operates across several core business segments, including Property Development, Construction and Project Management, Trading of Building Materials, Property Investment and Management, and Hospitality and Wellness Services. The company is historically known as the master developer of the Bandar Baru Air Itam township in Penang, encompassing integrated residential communities, commercial hubs, retail shop offices, condominiums, and public infrastructure. Its core product and service portfolio comprises the development and sale of residential properties, including high-rise apartments, condominiums, landed residential homes, and affordable housing schemes; commercial property development, including retail complexes, shopping arcades, shophouses, and corporate offices; civil engineering, construction contracting, and infrastructure development services; property letting, leasing, and facility management services; wholesale trading and distribution of building and construction materials, such as cement, steel products, timber, and architectural hardware; and investment in leisure, healthcare, and eco-tourism projects. Geographically, Farlim Group conducts its primary operations in Peninsular Malaysia, with major footprints in Penang, Selangor, and Perak, alongside cross-border ventures in the People's Republic of China, most notably through its participation in the ASEAN International Eco-City project in Shandong Province. In recent developments, Farlim Group has undertaken strategic asset rationalization and land monetization initiatives in Malaysia to optimize its balance sheet, reduce gearing, and unlock capital for future development pipelines. Operationally, the company has expanded its focus on sustainable township development, exploring rooftop solar photovoltaic installations and energy-efficient building initiatives across its commercial assets. Furthermore, the group continues to advance strategic cross-border partnerships to develop cultural, eco-wellness, and trade exchange infrastructure within its international development portfolio while recalibrating its domestic project pipelines toward high-demand mid-market residential and commercial properties.