MK Land Holdings Bhd.

MK Land Holdings Bhd.

MMYX:MKLAND
0.17
MYR
+0.01
(+3.13%)
MK Land Holdings Bhd.
MYX:MKLAND
(Bursa Malaysia)

Recent

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0.17

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Business
MK Land Holdings Berhad is a Malaysia-based investment holding company that operates primarily in property development, leisure and hospitality, and renewable energy generation. Founded in 1978 and headquartered in Petaling Jaya, Selangor, Malaysia, the group manages a diversified portfolio focused on real estate construction, master-planned township developments, resort hospitality, and utility-scale solar energy infrastructure across Peninsular Malaysia, with core operational footprints situated in Selangor, Perak, Kedah, and Pulau Langkawi. The company organizes its business activities into four principal segments: Property Development, Leisure, Renewable Energy, and Investment Holding and Others. MK Land Holdings Berhad provides a comprehensive range of products and services, comprising: residential real estate developments encompassing master-planned townships, high-rise condominiums, medium-cost apartments, terraced houses, semi-detached residences, and affordable housing schemes across major developments including Damansara Perdana, Damansara Damai, Meru Perdana, and Klebang Putra; commercial real estate assets including retail shop offices, commercial business parks, and mixed-use commercial centers; hospitality and leisure operations featuring eco-tourism resort accommodations, convention facilities, water theme parks, eco-parks, and recreational marina and golf facilities, notably Bukit Merah Laketown Resort in Perak and Ombak Villa Langkawi; utility-scale solar photovoltaic power generation and clean energy supply; property asset management, facility maintenance, and corporate management services; and educational services through post-secondary diploma and training programs. In recent strategic developments, MK Land Holdings Berhad has significantly expanded its presence in the renewable energy sector while advancing its property pipeline. Through its renewable energy subsidiary Solar Citra Sdn Bhd in a joint venture with TotalEnergies via Citra Energies Sdn Bhd, the group achieved financial close for a 29.99 MWac utility-scale solar photovoltaic power plant in Kulim, Kedah, under Malaysia's Corporate Green Power Programme. The project, backed by a MYR 145 million green financing facility arranged through BNP Paribas Malaysia Berhad, is scheduled for commercial operations to supply renewable power under 21-year virtual power purchase agreements to multinational corporate off-takers including Google. Alongside its clean energy expansion, MK Land Holdings Berhad has continued replenishing its property portfolio through the launch of new residential and commercial phases across Selangor and Perak representing a combined gross development value exceeding RM 600 million.