CORPORATE AT A GLANCE
I-Berhad is a public company listed on the Main Market of Bursa Malaysia Securities Berhad which is principally involved in Property Development, Property Investment, Leisure and REITs.
The Group’s Property Development activities are currently focused on the development of i-City, a 72-acre freehold Ultrapolis located in the Capital City of Selangor and 8 Kia Peng @ KLCC, a grandiose serviced residence located in the heart of Golden Triangle, a stone’s throw to KLCC.
|1967||First established as Sanyo Industries (Malaysia) Sdn Bhd (“Sanyo”) specializes in manufacturing of commercial and industrial electronics & appliances|
|1969||Listing of Sanyo on the First Board (renamed as Main Market in 2009) of Kuala Lumpur Stock Exchange (renamed as Bursa Malaysia Securities Berhad in 2004)|
|1999||Changed name to I-Berhad following the acquisition of the controlling interest by Sumurwang Sdn Bhd which owned by a visionary man, Tan Sri Lim Kim Hong, who is an innovative and prolific entrepreneur
Specializing in manufacturing of air-conditioners and digital products
|2005||Changed its business direction to become a property developer
First flagship property development project – i-City, a 72 acre freehold site along the Federal Highway in Shah Alam, the capital of Selangor
i-City was first conceived as a RM1.5 billion township development with 5 million square feet of approved built-up
|2008||i-City was awarded with the only MSC status Cybercentre in Shah Alam by Multimedia Development Corporation|
|2009||i-City was approved as a Tourism Destination by Ministry of Tourism and Culture and declared as International Park by the Selangor State Government; and
Opening of Leisure Park @i-City, a theme park built over a total of 24 acres.
|2010||Completion of its first office buildings development in i-City, MSC CyberOffice which are equipped with fibre optic connectivity and well-connected via Cisco Powered Managed Metro Ethernet Services – which are currently fully tenanted|
|2011||Entered into a Management and Development Agreement with the Selangor State Government and Majlis Bandaraya Shah Alam in relation to the development and management of i-City:
Entertainment and cosmopolitan lifestyle businesses are permitted to operate 24/7 in i-City
Temporary Occupancy License (TOL) was granted for garden landscape planning on about 30 acres of buffer zone surrounding i-City
|2014||Completion of a Small Office Versatile Office, i-Sovo, which are designed with flexible-form of space;
Entered into a joint-venture agreement with Thailand’s largest retail developer, Central Pattana Group, to joint-develop a super regional mall, CentralPlaza @i-City with 1 million square feet net leasable area; and
Opening of first hotel in i-City, the 216 rooms 3 star Best Western i-City
|2015||i-City has evolved into a RM9 billion Ultrapolis development with 13 million square feet of approved built-up which envisioned to be an international business hub by day and lifestyle haven by night; and
Completion and key handover of its first high-rise residential apartment development, i-Residence