Glostrext Bhd
MMYX:GLXT0.20
MYR
+0.01
(+2.63%)
ISIN
MYQ0284OO008
Return %
Stock
S&P 500
1Y
-2.50
14.20
3Y
2.63
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Sieng Kai Lee
- Full Time Employees
- 92
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Shah Alam Malaysia
- IPO Date
- Aug 15, 2023
- Website
- glostrext.com.my
- Similar Companies
- Business
- Glostrext Berhad is a Malaysia-based geotechnical engineering and testing service provider that specializes in geotechnical instrumentation, foundation testing, structural health monitoring, and industrial power backup solutions. The company operates across three primary business segments: Pile Instrumentation and Static Load Testing; Structural and Ground Instrumentation and Monitoring; and Power System Products and Services. The Pile Instrumentation and Static Load Testing segment provides advanced foundation testing and measurement services utilizing the proprietary Global Strain Extensometer (GloStrExt) method; bi-directional static load testing (BDSLT); maintained load testing; rapid load testing; and pile instrumentation for bored piles, barrette piles, precast spun piles, and micropiles. The Structural and Ground Instrumentation and Monitoring segment provides geotechnical safety assessment and structural health surveillance services for civil engineering works, infrastructure projects, high-rise buildings, bridges, tunnels, deep excavations, and earth slopes; supplying and deploying instrumentation such as inclinometers, piezometers, tilt sensors, crack gauges, vibration monitors, settlement markers, and automated data acquisition systems integrated with its proprietary web-based WiNA platform for automated, off-site real-time data monitoring and reporting. The Power System Products and Services segment provides supply, engineering, distribution, installation, commissioning, and maintenance services for uninterruptible power supply (UPS) systems; industrial alternators; diesel generators; battery backup systems; and related electrical control accessories. Glostrext Berhad primarily serves piling specialists, main building contractors, civil infrastructure developers, government authorities, and mission-critical facilities across Malaysia and Singapore. Tracing its operational roots to 1992 with key operating entities founded in 2004 and 2009, the company is headquartered in Shah Alam, Selangor, Malaysia, and operates key subsidiaries including Glostrext Technology Sdn Bhd, Spectest Sdn Bhd, Glostrext Technology (S) Pte Ltd, and Powertecs System Sdn Bhd. In recent corporate developments, Glostrext completed its initial public offering and listed on the ACE Market of Bursa Malaysia in August 2023 under the stock code GLXT. In October 2024, the company executed a major strategic diversification by acquiring a 70% equity interest in Powertecs System Sdn Bhd for MYR 4.2 million, enabling entry into critical power systems catering to data centers and industrial infrastructure. Furthermore, the group expanded its regional presence by acquiring commercial operational facilities in Singapore to support increased cross-border demand for off-site real-time geotechnical monitoring services.