Matang Bhd.
MMYX:MATANG0.07
MYR
0.00
(0.00%)
ISIN
MYQ0189OO009
Return %
Stock
S&P 500
1Y
-6.67
14.20
3Y
-22.22
81.12
5Y
-30.00
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Jan 17, 2017
- Website
- matangbhd.com
- Similar Companies
- Business
- Matang Berhad is an investment holding company primarily engaged in oil palm cultivation, the harvesting and sale of fresh fruit bunches, property investment, and agricultural management services. Founded in 1978 and incorporated under its current corporate structure in 2015, the company is headquartered in Johor Bahru, Johor, Malaysia, and is listed on the ACE Market of Bursa Malaysia Securities Berhad. The company operates primarily through three core business segments: Plantation, Property Investment, and Other Agriculture. Within its Plantation division, Matang Berhad manages agricultural landholdings spanning over 1,000 hectares primarily situated across the Ledang and Segamat districts of Johor, focusing on the upstream cultivation of mature and immature oil palm trees; harvesting and commercial distribution of fresh fruit bunches (FFB) to regional palm oil mills; execution of progressive replanting programs utilizing high-yielding clonal oil palm planting materials; and the delivery of end-to-end estate maintenance and agricultural management services compliant with Malaysian Sustainable Palm Oil (MSPO) standards. In its Property Investment segment, the company engages in the acquisition, leasing, and asset management of real estate properties, offering commercial shop offices; light industrial manufacturing premises; warehouse storage facilities; and vacant development land plots for commercial tenancy and long-term capital appreciation. Through its agricultural diversification operations, the company provides crop nursery management; agricultural technical consultancy; and the commercial cultivation of high-value tropical fruit crops, with an emphasis on premium durian cultivars including Musang King and Black Thorn. In recent corporate developments, Matang Berhad has undertaken strategic initiatives to diversify its revenue base and mitigate commodity price volatility in the palm oil sector. The company has expanded its property investment portfolio through targeted acquisitions of income-generating industrial and commercial assets in Peninsular Malaysia to strengthen recurrent rental yields. In its agro-business segment, Matang Berhad has advanced its crop diversification agenda by reallocating designated agricultural acreage to commercial-scale durian cultivation. Operationally, the group has implemented accelerated mechanization across harvesting and in-field evacuation processes, integrated modernized agronomical soil-enrichment techniques to enhance crop yields, and expanded its environmental, social, and governance (ESG) compliance frameworks across its estate holdings.