Seal Incorporated Berhad

Seal Incorporated Berhad

MMYX:SEAL
0.68
MYR
+0.00
(-0.73%)
Seal Incorporated Berhad
MYX:SEAL
(Bursa Malaysia)

Recent

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0.68

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Working Capital

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Business
Seal Incorporated Berhad is an investment holding company that operates across property development, building construction, renewable energy, property management, and licensed money lending. Founded in 1962 and headquartered in Penang, Malaysia, the company operates primarily through five principal business segments: Property Development, Construction and Project Management, Renewable Energy, Property Management and Investment, and Money Lending. Through its Property Development division, the company engages in the planning, development, and sale of residential and commercial properties, mixed-use townships, and integrated developments, including high-rise condominiums, landed residences, and commercial retail shop offices; its Construction and Project Management division provides civil engineering, general building contracting, structural works, and project management services for internal and third-party property developments; its Renewable Energy division specializes in the engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) power systems, commercial and industrial rooftop solar installations, large-scale solar infrastructure, and energy efficiency solutions; its Property Management and Investment division manages commercial complexes, retail spaces, car parks, and real estate assets to generate recurring rental income; and its Money Lending division provides credit financing, secured loans, and working capital facilities to corporate and individual borrowers under the Malaysian Moneylenders Act. Seal Incorporated Berhad operates predominantly in Malaysia, with core operational footprints across Penang, Kedah, Perak, and the Klang Valley. In recent strategic developments, the company executed a major corporate diversification into the renewable energy sector through the strategic acquisition of an equity stake in MSR Green Energy Sdn Bhd, expanding its capabilities in solar EPCC and sustainable infrastructure; completed multiple private placement and capital raising exercises to fund renewable energy projects, engineering contracts, and business expansion; welcomed new strategic and institutional shareholders to support its green energy transition; and expanded its operational focus from legacy property and construction activities into high-growth clean energy and utility solutions.