Matrix Parking Solution Holdings Bhd
MMYX:MPSOL0.13
MYR
0.00
(0.00%)
ISIN
MYL03019O006
Return %
Stock
S&P 500
1Y
550.00
14.20
3Y
30.00
81.12
5Y
-23.53
68.34
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Company Description
- Sector
- Consumer services
- Industry
- Other consumer services
- Address
- Petaling Jaya Malaysia
- IPO Date
- May 31, 2019
- Website
- matrixparking.my
- Similar Companies
- Business
- Matrix Parking Solution Holdings Bhd is a Malaysia-based investment holding company primarily engaged in the provision of comprehensive car park management services, smart parking technology solutions, and parking equipment maintenance. Founded in 2008 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates across major commercial and residential hubs throughout Malaysia, catering to property developers, shopping malls, commercial office towers, healthcare facilities, hotels, and mixed-use developments. The company organizes its operations into three primary business divisions: Car Park Management Services, Parking Equipment and Systems Integration, and Maintenance and Support Services. Its comprehensive portfolio of products and services includes full-service on-site car park operations and traffic management; professional valet parking services; automated vehicle barrier gate systems and access control hardware; central payment kiosks and automated payment machines; smart license plate recognition (LPR) camera systems; radio-frequency identification (RFID) reader systems; cloud-connected parking management and analytics software; cashless and ticketless payment gateways supporting credit/debit cards, contactless smart cards, and digital e-wallets; parking guidance and bay vacancy indicators; and routine equipment servicing, technical troubleshooting, and round-the-clock operational support. In recent developments, Matrix Parking Solution Holdings Bhd has accelerated the modernization of its managed facilities through the widespread rollout of AI-powered license plate recognition and fully ticketless parking infrastructure. The company has also formed strategic alliances with real estate developers and asset owners to expand its managed bay footprint across urban centers, while pursuing initiatives to integrate electric vehicle (EV) charging bays and smart Internet of Things (IoT) monitoring into its parking management ecosystem.