- Business
- Ibraco Berhad is an investment holding and property development conglomerate based in Kuching, Sarawak, Malaysia. Founded in 1971 and listed on the Main Market of Bursa Malaysia, the company engages primarily in master-planned property development, civil engineering and building construction, manufacturing and trading of building materials, quarry operations, and property investment and asset management services. The company develops residential, commercial, and industrial properties across East Malaysia, with established operations extending into Peninsular Malaysia, particularly the Klang Valley and Greater Kuala Lumpur regions.
The company organizes its business operations into distinct operational divisions: Property Development, Construction, Manufacturing and Quarry, and Property Management and Services. Its portfolio of products and services includes integrated township developments, comprising master-planned communities such as The NorthBank and Tabuan Tranquility; residential real estate, including landed terrace, semi-detached, and detached housing, luxury condominiums, and serviced residences such as Continew Residences, Alyvia Residence, and Avona Residence; commercial and industrial assets, encompassing commercial shop offices, business parks, corporate headquarters, and retail complexes; general contracting and civil engineering services, including mass earthworks, road construction, bridge building, structural engineering, drainage, and public infrastructure works; building materials manufacturing and supply, encompassing ready-mixed concrete, precast concrete components, Industrialized Building System (IBS) panels, and quarry aggregates; and ancillary property services, comprising facility management, property leasing, clubhouse operations, and education infrastructure development, including the Tunku Putra-HELP International School campus.
In recent developments, Ibraco Berhad has expanded its civil infrastructure and transport portfolio through strategic joint ventures, securing major construction and infrastructure packages under the Kuching Urban Transportation System (KUTS) initiative in Sarawak. The company has simultaneously upgraded and scaled its Industrialized Building System (IBS) and precast concrete manufacturing capabilities to improve operational efficiency, minimize labor reliance, and supply proprietary components to public and private sector projects. Additionally, the group continues to accelerate the multi-phase rollout of mixed-use, commercial, and residential developments across its 123-acre The NorthBank township, while actively progressing high-density urban residential ventures in Peninsular Malaysia to broaden its geographical earnings base.