Knusford Bhd.
MMYX:KNUSFOR0.39
MYR
0.00
(0.00%)
ISIN
MYL5035OO000
Return %
Stock
S&P 500
1Y
-18.75
14.20
3Y
-53.57
81.12
5Y
-45.83
68.34
Capital Structure
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in mil. unless spec.Working Capital
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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.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Hock Lai Heng
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Johor Bahru Malaysia
- IPO Date
- Mar 28, 2001
- Website
- knusford.com.my
- Similar Companies
- Business
- Knusford Berhad is a Malaysia-based investment holding company primarily engaged in civil engineering construction, machinery and equipment rental and sales, building materials trading, and property development and management. Founded in 1989, incorporated in 1996 as Wengcon Corporation Berhad, and headquartered in Johor Bahru with primary executive operations in Kuala Lumpur, Malaysia, the company operates across five core business segments: Construction, Services, Trading, Property Development, and Investment Property. Through its Construction segment, the company undertakes civil engineering, infrastructure, earthworks, building construction, and landscaping maintenance contracts for public and private sector clients. Its Services segment provides heavy and light machinery and equipment rental; equipment reconditioning and maintenance services; fleet logistics and transportation services; and construction project management. The company maintains an extensive fleet of machinery including hydraulic excavators, bulldozers, motor graders, wheel loaders, mobile and crawler cranes, dump trucks, generator sets, air compressors, and industrial welding equipment, serving civil contractors, agricultural plantations, marine operators, and oil and gas developers. Its Trading segment distributes light and heavy machinery, spare parts, and building materials, including ready-mix concrete, aggregates, cement, reinforcement steel, and structural building components. The Property Development and Investment Property segments engage in the development, sale, leasing, and management of residential, commercial, and industrial properties across Malaysia. In recent corporate developments, Knusford Berhad actively pursued a proposed corporate restructuring and consolidation via a binding Heads of Agreement to acquire the entire equity interest in Ekovest Construction Sdn Bhd for an indicative consideration of MYR 450 million, a transaction that subsequently lapsed in July 2025 following mutual review of market conditions. In line with ongoing asset rationalization and capital redeployment initiatives, the group completed the disposal of a freehold land parcel in Setapak, Kuala Lumpur, through its wholly-owned subsidiary Knusford Holdings Sdn Bhd in June 2026 for MYR 7.0 million. Operationally, the company continues to recalibrate its contract portfolio, streamline machinery utilization, and focus on high-yield civil engineering and infrastructure tenders in Peninsular Malaysia.