Kimlun Corp. Bhd.
MMYX:KIMLUN0.83
MYR
-0.01
(-1.20%)
Kimlun Corp. Bhd.
MYX:KIMLUN
(Bursa Malaysia)
Recent
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0.83
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yld
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ROIC.AI
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- Business
- Kimlun Corporation Berhad is a Malaysia-based investment holding company that provides integrated engineering, construction, precast concrete manufacturing, and property development services. Founded in 1977 and headquartered in Johor Bahru, Malaysia, the company operates across Malaysia and Singapore through four principal business segments: Construction, Manufacturing and Trading, Property Development, and Investment Holding. The Construction segment, operated primarily through Kimlun Sdn. Bhd., provides comprehensive engineering and construction services, including design-and-build building construction for high-rise residential towers, commercial office buildings, shopping centers, landed residential properties, and industrial complexes; infrastructure construction encompassing highways, bridges, interchanges, flyovers, drainage systems, and rail transport structures; and industrialised building system (IBS) project management. The Manufacturing and Trading segment, spearheaded by subsidiary SPC Industries Sdn. Bhd., manufactures and distributes specialized precast concrete products and construction materials, including tunnel lining segments (TLS); segmental box girders (SBG); precast concrete railway sleepers; box culverts; U-shaped concrete drains; pipe culverts; precast concrete manholes; L-shaped retaining walls; square precast foundation piles; jacking pipes; cladding pipes; customized concrete components; ready-mixed concrete; and quarry aggregates, alongside heavy machinery and equipment rental services. The Property Development segment, managed through Kimlun Land Sdn. Bhd., develops and invests in commercial and residential properties. In recent operational developments, Kimlun Corporation Berhad has expanded its order book through significant contract wins in southern Malaysia, securing over RM617 million in contracts including a RM271.55 million award from Melia Spring Sdn. Bhd. for serviced apartment towers in Pulai, a RM176.20 million contract from Permas Jaya Sdn. Bhd. for residential apartment towers in Plentong, and a RM169.98 million contract from CJ Developments Sdn. Bhd. for landed houses and commercial shop offices. These awards build upon additional contracts including a RM150 million agreement for Astaka Holdings' Aliva residential project in Mount Austin and a RM128.13 million residential construction project from Tanah Sutera Development Sdn. Bhd., bolstering the group's construction pipeline across regional property and infrastructure markets.