Hunza Properties Berhad (HPB), formerly known as Hunza Properties Sendirian Berhad, was founded by Dato’ Seri Khor Teng Tong in the late 1970s. It was incorporated as a public limited company in Malaysia on 27 April 1998 under the Companies Act 1965. The company subsequently underwent a name change to the current HPB on 22 October 1998.
HPB is the main holding company of Hunza Group with more than 30 subsidiaries under its umbrella – Masuka Bina included. The core businesses of Hunza Group encompass property development, real estate investment, construction and trading. HPB was listed on the Main Board of Bursa Malaysia Securities Berhad in early 2000, gaining the distinction of being one of the first Malaysian property developers to do so after the 1997 financial crisis. When it was listed in 2000, the Group’s net tangible assets were approximately RM80 million. On present day, the Group’s equity after privatization is valued close to RM2 billion.
Since its inception, the Group has established an eclectic portfolio of diverse properties with more than tens of thousands of homes completed in Kuala Lumpur, Seberang Perai, Bertam, Penang and Kedah, which range from low to high end apartments, condominiums, gated communities and townships, as well as commercial shop, office blocks, shopping mall and office tower.
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