Pekat Group Bhd
MMYX:PEKAT2.82
MYR
+0.01
(+0.36%)
ISIN
MYQ0233OO005
Return %
Stock
S&P 500
1Y
56.67
14.20
3Y
571.43
81.12
5Y
276.00
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
- CEO
- Yee Chee Tai
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Petaling Jaya Malaysia
- IPO Date
- Jun 23, 2021
- Website
- pekat.com.my
- Similar Companies
- Business
- Pekat Group Berhad is a Malaysia-based investment holding company that provides solar photovoltaic systems, earthing and lightning protection solutions, and electrical distribution equipment and services. Founded in 1999 and headquartered in Petaling Jaya, Selangor, Malaysia, the company serves residential, commercial, industrial, utility, and infrastructure sectors across Malaysia and Southeast Asia. Pekat operates primarily through three core business divisions: Solar Photovoltaic, Earthing and Lightning Protection, and Electrical Distribution. Through its Solar Photovoltaic segment, the company delivers end-to-end engineering, procurement, construction, and commissioning (EPCC) services for rooftop, floating, and ground-mounted solar installations; solar asset development and power purchase agreement (PPA) solutions under Net Energy Metering, Self-Consumption, and utility-scale solar frameworks; and long-term operations, performance monitoring, and maintenance services. Through its Earthing and Lightning Protection segment, the company designs, supplies, and installs structural lightning protection networks, surge protection devices, earthing systems, early streamer emission devices, and electrostatic hazard mitigation solutions for critical infrastructure, telecommunications towers, high-rise buildings, and data centres. Through its Electrical Distribution segment, the company trades and distributes proprietary and third-party electrical hardware; surge protective devices; earthing materials; medium- and high-voltage switchgear; package substations; transformers; and power cables and accessories. In recent major developments, Pekat Group expanded into heavy power infrastructure and utility-grade equipment manufacturing through the strategic acquisition of a 60% equity stake in EPE Switchgear Sdn Bhd. The company has also initiated its listing transfer from the ACE Market to the Main Market of Bursa Malaysia, secured solar development quotas under the Corporate Green Power Programme, and broadened its offerings to incorporate battery energy storage systems and microgrid energy solutions.