Matrix Concepts sees opportunity in crisis


We are targeting RM1.1bil in sales for our FY21 and we are confident we can surpass that, ” founder and group executive deputy chairman Datuk Lee Tian Hockhe (pic) told StarBiz. Matrix Concepts has more than 800 employees, 200 of which are in its property segment.

SEREMBAN: During a time when the coronavirus (Covid-19) pandemic is trampling the economy on top of the protracting issue of a property overhang in the country, Matrix Concepts Holdings Bhd has gone against the grain of the sector.

While the movement control order (MCO) has impacted most businesses, the Negri Sembilan-based developer recorded a 50% jump in its total bookings.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

S.Korean shares set to post worst month since Jan on US tariff worries
China to extend tariff exemptions for some US products to 2025
PKA: Malaysia needs more than policies for green port transformation
Stronger turnaround for Capital A in 4Q24 expected
Supreme Consolidated makes strong debut on ACE Market
Bursa Malaysia opens lower as selling pressure weighs on market sentiment
Ringgit higher against US dollar in early trade
Trading ideas: CIMB, TNB, Genting, Genting Malaysia, Capital A, IHH Healthcare, Hong Leong Bank, Sime Darby, Alliance Bank
Malton’s net profit surges 73%
Sarawak Oil Palms net profit up 30% in 3Q24

Others Also Read