Meridian Berhad
MMYX:MERIDIAN0.02
MYR
0.00
(0.00%)
ISIN
MYL5040OO000
Return %
Stock
S&P 500
1Y
-20.00
14.20
3Y
-80.95
81.12
5Y
-96.97
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Full Time Employees
- 21
- Sector
- Finance
- Industry
- Real estate development
- Address
- Petaling Jaya Malaysia
- IPO Date
- Feb 28, 2002
- Website
- meridianberhad.com.my
- Similar Companies
- Business
- Meridian Berhad, formerly known as Meda Inc. Berhad, is a Malaysia-based investment holding company primarily engaged in property development, property investment, and construction services. The company operates through three principal business segments: Property Development, Property Investment, and Construction and Project Management. The Property Development segment focuses on the planning, development, and sale of residential, commercial, industrial, and tourism-integrated mixed properties, with core offerings including master-planned township developments, eco-tourism projects such as the Malaysia Agro Tourism Resort (MATR) in Melaka, high-rise residential apartments, serviced suites, and commercial shop offices across Peninsular Malaysia; the Property Investment segment engages in the management, leasing, and operational maintenance of commercial properties, retail shopping lots, office premises, and car park facilities; and the Construction and Project Management segment provides general building contracting, civil engineering, infrastructure works, and turnkey project management services for internal and third-party property developments. Founded in 2000 and headquartered in Petaling Jaya, Selangor, Malaysia, the company caters to institutional property investors, retail business operators, commercial tenants, and individual homebuyers throughout the Malaysian market. In recent corporate developments, Meridian Berhad was classified as a Practice Note 17 (PN17) affected listed issuer by Bursa Malaysia due to financial distress, prompting the company to undertake comprehensive debt restructuring and formulate a regularisation plan to improve its financial position and capital adequacy. Additionally, the company has implemented leadership and board reorganizations, initiated strategic asset and landbank rationalization programs to unlock capital and bolster liquidity, and sought strategic joint ventures and development partnerships to advance its core agro-tourism and residential property projects.