Paragon Globe Berhad

Paragon Globe Berhad

MMYX:PGLOBE
0.70
MYR
-0.03
(-4.11%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Full Time Employees
40
Sector
Finance
Industry
Real estate development
Address
Johor Bahru Malaysia
IPO Date
Oct 27, 1989
Business
Paragon Globe Berhad is an investment holding company that operates primarily in property development, construction, property investment, and healthcare infrastructure development. Originally established in 1895 as Goh Ban Huat Berhad and headquartered in Johor Bahru, Malaysia, the company focuses its operational activities across Peninsular Malaysia with a core strategic concentration in the southern economic corridor of Iskandar Malaysia, Johor. The company operates through three principal business segments: Property Development, Construction, and Investments. Through its Property Development division, Paragon Globe Berhad engages in the master planning, development, and sale of diverse real estate assets, including master-planned industrial parks, build-to-suit manufacturing facilities, and logistics warehouses; residential developments comprising high-rise serviced apartments, condominiums, landed terrace houses, and semi-detached homes; commercial properties, including retail shop offices, commercial centers, and mixed-use commercial hubs; as well as Purpose-Built Workers Accommodations and Centralised Labour Quarters. Through its Construction division, the company provides civil engineering and structural works; building construction services; infrastructure and earthworks contracting; architectural finishing; and end-to-end project management services for residential, commercial, and industrial projects. Through its Investment division, the company engages in property asset management; long-term leasing and commercial property holding; hospitality assets; and specialized infrastructure investments. In recent corporate developments, Paragon Globe Berhad has significantly expanded its footprint in Johor through major strategic land acquisitions, including the purchase of substantial land parcels in Plentong and Kulai designated for industrial logistics parks and commercial mixed developments to support regional manufacturing demand and the burgeoning data center ecosystem. To advance its green infrastructure initiatives, the company entered into a strategic collaboration with Solarvest Holdings Berhad to integrate renewable solar photovoltaic solutions across its industrial properties. In addition, the company established a partnership with Selgate Healthcare Sdn Bhd to develop private specialist hospital facilities, broadening its portfolio into healthcare real estate. Operationally, Paragon Globe Berhad has accelerated development of Centralised Labour Quarters to serve regional industrial zones and completed capital-raising initiatives, including private equity placements, to fund its ongoing landbank expansion and township development projects.