Infraharta Holdings Bhd.
MMYX:IHB0.13
MYR
0.00
(0.00%)
Infraharta Holdings Bhd.
MYX:IHB
(Bursa Malaysia)
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0.13
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yld
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ROIC.AI
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- Business
- Infraharta Holdings Berhad is a Malaysia-based investment holding company primarily engaged in civil engineering, building construction, and property development. The company operates through three principal business segments: Construction, Property Development, and Others. Its core offerings and services include general building construction and structural works for residential, commercial, institutional, and infrastructure projects; civil engineering works, including earthworks, road construction, drainage systems, and slope stabilization; comprehensive sub-contracting services encompassing project management, site preparation, and the supply of building materials, specialized labor, and heavy machinery; residential and commercial property development and asset investment; licensed money-lending and credit financing services; and renewable energy project development. Infraharta Holdings Berhad conducts its operations primarily across Peninsular Malaysia through key operating subsidiaries, including Infraharta Sdn. Bhd., Infraharta Bina Sdn. Bhd., Infraharta Green Energy Sdn. Bhd., and Wande Development Sdn. Bhd. Founded in 2007 and headquartered in Subang Jaya, Selangor, Malaysia, the company is listed on the Main Market of Bursa Malaysia under the ticker symbol IHB. In recent developments, the company rebranded from Vertice Berhad to Infraharta Holdings Berhad as part of a strategic realignment toward infrastructure and construction ventures. The company has continued to secure infrastructure contracts, including an RM11.42 million sub-contract awarded by Synergy Goldtree Sdn Bhd for the construction of a government health clinic and dental specialist facility in Putrajaya. Additionally, Infraharta Holdings has implemented capital reorganization initiatives, including a capital reduction of up to RM105.5 million to rationalize accumulated losses, alongside private placement equity financing to bolster working capital for ongoing construction and property development projects.