Our Group has five business segments as follows:

  • Manufacturing - Comprise mainly manufacturing of pipes
  • Trading - Comprise mainly trading in sheet piles, steel bars, mild steel and special pipes, other steel related products, building materials and supply of products for water supply industry
  • Construction - Comprise mainly provision of sub-contracting activities, general contractor, supplier of building materials and also construction
  • Property Investment - Management of shopping mall
  • Power Energy - Engage in the business of renewable energy
  • Others - Investment holding.



Our Group has five business segments as follows:

  • Manufacturing - Comprise mainly manufacturing of pipes
  • Trading - Comprise mainly trading in sheet piles, steel bars, mild steel and special pipes, other steel related products, building materials and supply of products for water supply industry
  • Construction - Comprise mainly provision of sub-contracting activities, general contractor, supplier of building materials and also construction
  • Investment - Investment holding
  • Property Development - Development of residential and commercial properties
Financial Year Ended 31 December 2024 2023 2022 2021 2020
No. of Months 12 12 12 12 12
  Actual Actual Actual Actual Actual
Presented in RM'000          
Manufacturing & Trading - - - 15 98
  - - - 0.01% 0.04%
Construction 7,313 18,719 84,399 100,976 263,172
  14.38% 47.32% 89.17% 40.23% 104.86%
Property Investment 13,714 10,264 10,251 7,154 (12,300)
  26.96% 25.95% 10.83% 2.85% (4.90)%
Power Energy 18,791 7,602 - - -
  36.94% 19.22% - - -
Others 11,050 - - - -
  21.72% - - - -
Adjustment/Elimination - 2,971 - - -
  - 7.51% - - -
Total Revenue 50,869 39,556 94,650 108,145 1,051,737

Financial Year Ended 31 December 2024 2023 2022 2021 2020
No. of Months 12 12 12 12 12
  Actual Actual Actual Actual Actual
Presented in RM'000          
Manufacturing & Trading (346) (70,098) (4,384) (557) (605)
Construction (86,040) (57,303) (31,118) (28,817) 1,356
Property Investment (32,857) (6,277) (34.027) (42,443) (83,263)
Others 95,749 (87,876) 40,359 36,569 108,733
Power Energy 892 (2,602) - - -
Elimination 69,452 236,247 66,587 65,543 (136,527)
Total Profit/(Loss) before tax results 46,850 12,090 37,417 30,294 (110,306)