Naza

What Naza does

Naza Corporation Holdings Bhd is a Malaysian Bumiputera-affiliated conglomerate headquartered in Kuala Lumpur, founded in 1975 by SM Nasimuddin SM Amin, who serves as founder, chairman, and CEO. The group operates across diversified industrial verticals — automotive, property, construction, and manufacturing — and employs between 1,001 and 5,000 people. Beyond its historical industrial businesses, Naza is positioning itself in the green economy through the May 2024 acquisition of Berjaya Enviro Holdings Sdn Bhd for RM700 million, extending its footprint into waste management and waste-to-energy solutions that serve municipal and industrial waste handling customers.

Following the closing of the Berjaya Enviro Holdings acquisition, Naza established a joint venture with Berjaya Group to collaborate on environmental and waste management projects domestically in Malaysia and internationally. The strategic thrust is to capture opportunities in sustainable waste disposal and the transition to a circular economy, layering environmental services on top of its existing automotive, property, construction, and manufacturing platform. The post-acquisition entity structure has Berjaya Enviro Holdings operating as a wholly owned subsidiary focused on the green economy.

The source data does not disclose revenue figures, pricing models, customer logos, product catalogs, certifications, patents, or a detailed technology stack. The company is reported as privately held, with no stock exchange listing or public ticker disclosed despite the "Bhd" legal suffix typical of Malaysian public limited companies. Publicly available information is concentrated around the acquisition and joint venture transaction milestones rather than underlying operational or financial detail.

Name

Naza

Legal name

Naza Corporation Holdings Bhd

Website

https://naza.com.my

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Naza Corporation Holdings Bhd is a Malaysian Bumiputera-affiliated conglomerate founded in 1975, operating across automotive, property, construction, and manufacturing, and now expanding into waste management and waste-to-energy through its 2024 acquisition of Berjaya Enviro Holdings.

Ownership category

akta.pro rank

Product category

Diversified Conglomerate

NAICS

Waste Collection (5621), Remediation and Other Waste Management Services (5629), Remediation Services (562910)

SIC

Refuse Systems (4953)

akta.pro primary industry

Waste, Recycling & Circularity (On-site Programs) (BPABAAAL)

akta.pro secondary industries

Circularity Consulting & Program Management (EPR, Design-for-Circularity, LCA) (EUAIANAH), Battery Recycling & Management (Lithium-ion, Lead-acid) (BPALAIAF)

Keywords

• Automotive distribution
• Property development
• Waste management services
• Waste-to-energy solutions
• Construction services

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Core offering

Naza is a diversified Malaysian conglomerate operating across automotive distribution, property development, construction, and manufacturing. The group has expanded into the green economy through its acquisition of Berjaya Enviro Holdings Sdn Bhd for RM700 million, adding waste management and waste-to-energy services to its portfolio across Southeast Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Automotive Distribution
• Property Development

Quantifiable outcome

• Substantial gains and enhanced net assets for Berjaya Corporation through the acquisition transaction

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Berjaya GroupcoreStrategic or Co-development Partner · 17 July 2023After Naza's acquisition of Berjaya Enviro Holdings, both companies formed a joint venture to collaborate on environmental and waste management projects in Malaysia and internationally. The acquisition was valued at RM700 million for 100% equity in Berjaya Enviro Holdings.
• Berjaya Enviro Holdings Sdn BhdcoreStrategic or Co-development Partner · 17 July 2023100% equity acquisition by Naza Corporation Holdings Bhd. Following the acquisition, Berjaya Enviro Holdings collaborates with Naza through a joint venture for environmental and waste management projects in Malaysia and internationally.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Regional players

• Eco World Development: Malaysian property developer investing in green building and waste management initiatives. Comparable as a Malaysia-based conglomerate with strategic environmental services exposure, though property-led rather than waste-led.
• Cikarang Listrindo: Indonesia-based energy and environmental services provider with waste-to-energy exposure. Comparable as a regional Southeast Asian player pursuing circular economy and energy-from-waste opportunities.

Others

• Greenbacker Renewable Energy Company: US-based renewable energy and environmental infrastructure investor. Comparable as an enabling capital provider into waste-to-energy and circular economy assets, relevant to how Naza may ultimately fund or partner on environmental infrastructure projects.

Broad incumbents

• Sunway Berhad: Malaysian conglomerate with property, construction, and healthcare operations expanding into sustainable waste and environmental services. Comparable to Naza as a diversified Malaysian group using conglomerate capital to build a green economy platform.
• Sime Darby Plantation: Large Malaysian conglomerate with sustainability and biomass energy operations. Comparable as an established Malaysian conglomerate pivoting into green economy segments, providing a benchmark for diversified corporate entry into environmental services.
• Veolia Malaysia: Subsidiary of global waste management giant Veolia operating in Malaysia across municipal and industrial waste. Comparable as a scaled waste management incumbent against which Naza's Berjaya Enviro Holdings platform will compete.

Emerging players

• HSS Engineers Berhad: Malaysian engineering consultancy with growing exposure to environmental and solid waste management projects. Comparable as a Malaysia-based participant in the same regulated environmental services market that Naza's JV targets.
• Bioland Energy: Waste-to-energy operator in Southeast Asia developing biomass and municipal solid waste-to-energy plants. Directly comparable on the waste-to-energy thesis underpinning Naza's Berjaya Enviro Holdings acquisition.

Direct peers

• Cenviro: Malaysian environmental services company specializing in industrial waste management, scheduled waste treatment, and circular economy solutions. Direct competitor to Berjaya Enviro Holdings within the Malaysian waste management sector that Naza has just acquired into.
• Kualiti Alam: Malaysia's principal integrated hazardous waste management facility operator, providing collection, treatment, and disposal of scheduled wastes. Closely comparable to Berjaya Enviro Holdings' environmental services scope and a direct peer for Naza's new green economy platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/nazacorp
• Facebookfacebook.com/nazacorporationholdings
• LinkedInlinkedin.com/company/nazacorporationholdings

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Naza