Meta Bright Group Bhd
MMYX:MBRIGHT0.13
MYR
0.00
(0.00%)
ISIN
MYL2097OO003
Return %
Stock
S&P 500
1Y
4.17
14.39
3Y
-51.92
81.42
5Y
65.82
68.62
Capital Structure
FRC
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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
FRC
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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
- Chee Kiang Lee
- Full Time Employees
- 663
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Jan 3, 1984
- Website
- mbgb.my
- Similar Companies
- Business
- Meta Bright Group Berhad is a diversified investment holding company based in Malaysia, engaged in hospitality, property development and investment, renewable energy and energy efficiency, ready-mix concrete manufacturing, and equipment leasing and financing services. Founded in 2000 and headquartered in Kuala Lumpur, Malaysia, the company operates across Malaysia and Australia through multiple specialized operating subsidiaries. The company operates through five core business segments: Hospitality, Property Development and Investment Properties, Renewable Energy and Energy Solutions, Concrete and Building Materials, and Equipment Leasing and Financing. In its Hospitality segment, Meta Bright Group Berhad owns and operates full-service hospitality assets, primarily The Grand Renai Hotel in Kota Bharu, Kelantan, offering guest room accommodations; food and beverage dining services; banquet, conference, and event hall rentals; and leisure and recreational facilities. In its Property Development and Investment Properties segment, the company develops residential and commercial real estate and manages investment properties, including the Kota Sri Mutiara commercial complex in Kelantan, generating recurring rental income and property management fees. In its Concrete and Building Materials segment, the company manufactures, mixes, and supplies ready-mix concrete, precast concrete components, and related construction materials to infrastructure, civil engineering, and commercial building contractors. In its Renewable Energy and Energy Solutions segment, the company provides solar photovoltaic rooftop installation and design; solar energy generation; energy performance contracting; energy efficiency audit and management solutions; and renewable energy supply agreements for commercial, industrial, and institutional clients. In its Equipment Leasing and Financing segment, the company delivers heavy machinery leasing, commercial vehicle rental, mining equipment leasing solutions, and corporate credit financing facilities. In recent years, Meta Bright Group Berhad has executed a major corporate transformation and strategic diversification program, shifting from a legacy hospitality and property firm into an infrastructure, energy, and commercial financing conglomerate. The company officially changed its name from Eastland Equity Bhd to Meta Bright Group Berhad to reflect this new strategic direction. In the building materials sector, the company substantially expanded its market share by acquiring a controlling stake in Expogaya Sdn Bhd, one of the largest ready-mix concrete producers in Sabah, positioning the group as a primary concrete supplier for major infrastructure initiatives including the Pan Borneo Highway project. In the renewable energy sector, Meta Bright Group Berhad established its energy solutions business, securing multiple long-term solar power purchase agreements and energy efficiency performance contracts across hospitality, industrial, and retail commercial facilities in Malaysia. In the equipment leasing and financing sector, the company expanded geographically into Australia by securing long-term cross-border equipment leasing contracts for heavy mining and processing machinery at the Mt Boppy gold mine in New South Wales, while concurrently scaling its licensed money lending and credit leasing operations to support industrial equipment acquisition.