PLB Engineering Bhd.
MMYX:PLB0.85
MYR
-0.01
(-1.16%)
ISIN
MYL7055OO006
Return %
Stock
S&P 500
1Y
-5.56
14.20
3Y
-17.48
81.12
5Y
-19.81
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
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- Prai Malaysia
- IPO Date
- Mar 18, 1998
- Website
- plb.com.my
- Similar Companies
- Business
- PLB Engineering Berhad is an investment holding company based in Penang, Malaysia, primarily engaged in construction, civil engineering, property development, environmental and waste management services, and renewable energy generation. Founded in 1973 and listed on the Main Market of Bursa Malaysia in 1997, the company is headquartered in Prai, Penang, and operates predominantly across Peninsular Malaysia with a primary operational focus in the Northern Region. The company operates through five core business divisions: Construction and Civil Engineering, Property Development, Renewable Energy, Environmental Services and Waste Management, and Trading of Construction Materials and Property Letting. Its Construction and Civil Engineering segment provides comprehensive building contracting and infrastructure development services, including earthworks, deep foundation and piling works, superstructure and substructure construction, road building, drainage and civil infrastructure installation, as well as industrial plant, commercial complex, and residential housing construction. Its Property Development division designs, develops, and markets residential townships, high-rise condominiums, gated communities, affordable housing schemes, industrial parks, and commercial retail units. Its Renewable Energy division engages in the development, engineering, procurement, construction, and operation of solar photovoltaic power generation facilities, including utility-scale ground-mounted solar farms and commercial rooftop solar installations that feed clean electricity into the national grid. Its Environmental Services and Waste Management division specializes in sanitary landfill operations, remediation and rehabilitation of municipal waste disposal sites, collection and recycling of industrial and municipal solid waste, and production of recycled construction aggregates. Its Trading and Property Letting division supplies building materials, premix, hardware, and structural steel, while managing a portfolio of investment properties, industrial warehouses, and commercial assets for recurring rental income. PLB Engineering Berhad delivers its solutions through key operating subsidiaries including PLB Sarku Sdn. Bhd., PLB Land Sdn. Bhd., PLB Green Technology Sdn. Bhd., PLB Terang Sdn. Bhd., and Gaintrend Sdn. Bhd., serving municipal councils, government bodies, corporate developers, industrial corporations, and retail property buyers. In recent operational and corporate developments, the company has accelerated its strategic expansion into green technology and sustainable infrastructure by commissioning and operating utility-scale solar photovoltaic power plants under long-term Power Purchase Agreements with Tenaga Nasional Berhad. Concurrently, the group has progressed in its environmental remediation initiatives, advancing the rehabilitation of coastal landfill sites in Penang to facilitate sustainable land reclamation for future mixed-use development projects. To optimize capital allocation, strengthen balance sheet resilience, and fund ongoing infrastructure commitments, PLB Engineering Berhad has also undertaken targeted asset monetization exercises, including strategic sales of non-core industrial land parcels, alongside corporate financing activities to support order book expansion across Northern Peninsular Malaysia.