Landmarks Bhd.

Landmarks Bhd.

MMYX:LANDMRK
0.04
MYR
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Liang Yee Wee
Full Time Employees
393
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
Kuala Lumpur Malaysia
IPO Date
Jan 8, 1990
Business
Landmarks Berhad is a Malaysia-based investment holding company primarily engaged in hospitality, wellness, and resort destination development. The company operates through two principal business segments: Hospitality and Wellness, and Resort and Destination Development. Its core offerings and operations include luxury and experiential resort accommodations, such as Natra Bintan, a Tribute Portfolio Resort offering safari-style glamping tents, and ANMON, a desert-themed glamping resort; integrated recreational and leisure attractions centered on the 6.3-hectare man-made seawater Crystal Lagoon; adventure and entertainment amenities at Chill Cove, encompassing water sports, cable wakeboarding, kayaking, bumper boat operations, and all-terrain vehicle (ATV) tracks; food, beverage, and retail services; event and banquet management for corporate retreats and social functions; destination master planning, tourism infrastructure development, and commercial and residential property development; as well as hospitality management, project advisory, and general consultancy services. The group's primary geographical footprint spans Malaysia and Indonesia, anchored by its flagship 338-hectare integrated waterfront destination development, Treasure Bay Bintan, located on Bintan Island, Indonesia, which caters to international travelers and regional tourists from Southeast Asia. Incorporated in 1989, Landmarks Berhad is headquartered in Kuala Lumpur, Malaysia, and is listed on the Main Market of Bursa Malaysia. In recent corporate developments, the company has undertaken debt restructuring, asset rationalization, and capital reorganization initiatives to stabilize its financial position. In June 2024, its wholly-owned subsidiary, Andaman Resort Sdn Bhd, entered into an agreement to dispose of The Andaman resort asset in Langkawi, Malaysia, to Mutiara Hotels & Resorts Sdn Bhd for RM130 million to resolve default liabilities with chargee banks and support working capital, allowing the group to realign its operational focus and strategic resources toward the phased development and commercialization of Treasure Bay Bintan.