Perak Corp. Bhd.
MMYX:PRKCORP0.65
MYR
0.00
(0.00%)
ISIN
MYL8346OO008
Return %
Stock
S&P 500
1Y
34.38
14.20
3Y
118.64
81.12
5Y
65.38
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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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
- CEO
- Rosmin bin Mohamed
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- Ipoh Malaysia
- IPO Date
- Oct 18, 1991
- Website
- ww.perakcorp.com.my
- Similar Companies
- Business
- Perak Corporation Berhad is a Malaysia-based investment holding company engaged primarily in port and logistics operations, property and industrial development, and hospitality and management services. Founded in 1991 and headquartered in Ipoh, Perak, the company operates as the primary commercial development vehicle for the Perak State Development Corporation (Perbadanan Kemajuan Negeri Perak). Perak Corporation Berhad organizes its business activities into three main operational segments: Port and Logistics, Property Development, and Hospitality and Management. Through its Port and Logistics division, the company operates maritime port terminals via the Lumut Port complex, encompassing the Lumut Maritime Terminal and Lekir Bulk Terminal; terminal handling and stevedoring services for dry bulk, liquid bulk, and breakbulk commodities such as coal, minerals, palm oil, fertilizers, and building materials; marine berthing, tugging, and pilotage support; open and covered storage, warehousing, and inventory staging; and integrated logistics coordination. Through its Property Development division, the company provides industrial land development, commercial park planning, and residential housing construction; land sales, leasing, and commercial property asset management; and comprehensive project management and infrastructure development services across regional growth nodes in Perak, including Bandar Meru Raya. Through its Hospitality and Management division, the company provides hotel operations, food and beverage catering, event facilities management, and administrative consultancy services. The company focuses its commercial operations within the state of Perak and the Northern Corridor Economic Region of Malaysia, catering to industrial manufacturers, maritime shipping lines, agricultural commodity traders, and real estate investors. In recent corporate and operational developments, Perak Corporation Berhad has actively advanced its comprehensive regularisation plan to address its Practice Note 17 (PN17) status on Bursa Malaysia, implementing creditor schemes of arrangement, capital restructuring, and financial rehabilitation measures. Additionally, the company has established strategic joint venture agreements and development partnerships to monetize non-core landbanks and accelerate industrial estate developments, while executing capacity enhancement and facility modernization initiatives at Lumut Port to handle expanding regional bulk cargo volumes.