XIN Synergy Grp Bhd
MMYX:XIN0.22
MYR
0.00
(0.00%)
XIN Synergy Grp Bhd
MYX:XIN
(Bursa Malaysia)
Recent
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0.22
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div
yld
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ROIC.AI
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- Business
- XIN Synergy Group Berhad is a Malaysia-based investment holding company primarily engaged in construction and civil engineering, wholesale distribution of apparel and footwear, and commercial trading. The company operates through three principal business segments: Construction, Wholesale and Distribution, and Trading and Investment Holding. Through its Construction segment, XIN Synergy Group Berhad delivers comprehensive building construction, infrastructure development, earthworks, mechanical and electrical engineering, and project management consultancy services for residential, commercial, and industrial developments. Its Wholesale and Distribution segment manages the sourcing, marketing, wholesale, and retail distribution of sports and casual apparel, athletic and lifestyle footwear, and sports accessories across retail channels. Through its Trading segment, the company engages in the procurement, supply, and distribution of agricultural commodities, edible oils, consumer goods, and industrial materials. Headquartered in Kuala Lumpur, Malaysia, and incorporated in 2004, the company primarily serves commercial developers, institutional clients, retail distributors, and industrial enterprises across Malaysia. In recent corporate developments, the company executed a comprehensive corporate rebranding, changing its name from Sinaran Advance Group Berhad to XIN Synergy Group Berhad to align its identity with its diversified business model and strategic expansion. Within the last two years, the group has restructured its core operations, undertaken capital management and fundraising exercises to reinforce its balance sheet, and expanded its construction division by pursuing higher-value infrastructure contracts and strategic joint ventures in project management and supply chain logistics.