Eden

What Eden does

EDEN Inc. Berhad (Registration No. 197701005144 (36216-V)) is a publicly listed Malaysian conglomerate headquartered in Petaling Jaya, Selangor, listed on the Main Market of Bursa Malaysia since a 2002 corporate exercise that merged it with Zil Enterprise. The company operates through five segments: Energy (Musteq Hydro's 20MW Sg Kenerong small hydroelectric plant in Kelantan selling to TNB under a 30-year PPA; Stratavest's Libaran Power Station in Sabah selling to Sabah Electricity under a 21-year contract), Food & Beverage (Eden Restaurant and Eden Catering with central kitchens in Petaling Jaya and Penang, halal-certified menus), Tourism (Underwater World Langkawi, one of Southeast Asia's largest marine and freshwater aquaria, operational since August 1995), Property (Gebeng Industrial Area holdings near Kuantan) and Manufacturing. The group is led by Executive Chairman Tan Sri Abd Rahim Mohamad, Group Managing Director Datin Fara Nadia Abd Rahim, and a board that includes Independent Non-Executive Directors with private equity and finance expertise.

Name

Eden

Legal name

EDEN INC. BERHAD

Website

https://edenzil.com

Company type

Public

Founded year

1964

Operating status

Operating

Short description

EDEN Inc. Berhad is a Malaysian publicly listed diversified conglomerate operating across Energy (hydroelectric and thermal power generation under long-term PPAs), Food & Beverage (restaurants and halal-certified catering), Tourism (Underwater World Langkawi aquarium), Property, and Manufacturing, primarily serving Malaysian consumers, utilities, and event clients.

Ownership category

akta.pro rank

Product category

Diversified Conglomerate

NAICS

Management of Companies and Enterprises (55111)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Renewable Energy Infrastructure (FSAAAKAG)

akta.pro secondary industries

Utility-Scale Renewable O&M (Solar, Wind, Hydro, Geothermal) (EUAMAGAA), Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB)

Keywords

• Hydroelectric power generation
• Independent power producer
• Event catering services
• Marine aquarium tourism
• Industrial property holdings

Headquarters

HQ city

Selangor

HQ country

Malaysia

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Energy Generation: EDEN generates electricity through hydroelectric and thermal power plants under Independent Power Producer (IPP) licenses. Musteq Hydro operates a 20MW hydro plant selling to TNB; Stratavest operates Libaran Power Station selling to Sabah Electricity under long-term PPAs of 21-30 years.
2. Food & Beverage - Restaurant: Restaurant operations known for fresh seafood, Western fares, and Oriental cuisine including dim sum. Restaurants have won culinary awards including Best Restaurant (Seafood Category) from Malaysian Tourism Board.
3. Food & Beverage - Catering: Eden Catering provides catering services since 1981 for events and functions including weddings, corporate functions, birthday parties, and state affairs. Operates in Penang and Petaling Jaya with halal-certified menus (Western, Oriental, Malaysian).
4. Tourism - Underwater World Langkawi: One of Southeast Asia's largest marine and freshwater aquaria, attracting both foreign and local tourists since operations began 26 August 1995. Features research, education, and entertainment concepts.
5. Property - Gebeng Land: Property holdings in Gebeng Industrial Area near Kuantan, comprising industrial land in the vicinity of petro-chemical and wood-based industries including major companies like Amoco Chemical, Siemens, BASF, Petronas Gas Berhad.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

EDEN Inc. Berhad is a diversified Malaysian conglomerate operating through wholly-owned subsidiaries across five business segments: Energy (hydroelectric and thermal power generation sold under long-term PPAs to TNB and Sabah Electricity), Food & Beverage (Eden Restaurant and Eden Catering offering halal-certified menus in Penang and Petaling Jaya), Tourism (Underwater World Langkawi, one of Southeast Asia's largest marine and freshwater aquaria), Manufacturing, and Property (industrial land holdings in Gebeng Industrial Area, Kuantan).

Product overview

Eden Inc. Berhad is a diversified Malaysian conglomerate operating across five business divisions: Energy, Manufacturing, Food & Beverage, Tourism, and Property. The company operates through wholly-owned subsidiaries including Stratavest Sdn. Bhd. (power generation in Sabah) and Musteq Hydro Sdn. Bhd. (hydroelectric power in Kelantan) for energy; Eden Catering and Eden Restaurant for food and beverage; Underwater World Langkawi for tourism; and Gebeng Land for property. The group has evolved from its origins in 1964 in food and beverage to its current diversified portfolio providing steady profit and cash flow across economic cycles.

Differentiator

Problem solved

Functional benefit

Brands

• Musteq Hydro: Hydro power company operating 20MW Sg Kenerong Small Hydro Power Station in Kelantan, Malaysia.
• Stratavest
• Underwater World Langkawi
• Eden Catering

Products and services

• Musteq Hydro Power Generation 20MW hydroelectric power generation at Sg Kenerong Small Hydro Power Station in Kelantan, Malaysia. Power is sold to Tenaga Nasional Berhad (TNB) under a 30-year Power Purchase Agreement signed 19 July 1997.
• Stratavest Power Generation Power generation at Libaran Power Station in Sandakan, Sabah. Electricity is sold to Sabah Electricity Sdn. Bhd. under a 21-year Power Purchase Agreement. The plant operates under Malaysian Electricity Act (1990) licensing.
• Eden Restaurant Restaurant operations serving fresh seafood, Western fares, and Oriental cuisine including dim sum. Has won the Best Restaurant (Seafood Category) award from the Malaysian Tourism Board. Targets local and foreign diners seeking halal dining options in Malaysia.
• Eden Catering Catering services for events and functions including weddings, corporate functions, birthday parties, and state affairs. Offers Western, Oriental, and Malaysian menus with full halal certification. Operates in Petaling Jaya and Penang, including at the PAUM Clubhouse.
• Underwater World Langkawi One of the largest marine and freshwater aquaria in Southeast Asia, located in Langkawi, Kedah. Features Research & Development, Education and Entertainment concepts across three main sections. Attracts foreign and local tourists through ticketed admission.
• Gebeng Industrial Property Industrial land properties in the Gebeng Industrial Area near Kuantan, situated near the Gebeng Bypass and Jabor-Gebeng Interchange. The area hosts petro-chemical and wood-based industries including Amoco Chemical, Siemens, BASF, and Petronas Gas Berhad.

Quantifiable outcome

• Q1 FY2025 net profit increased 58.1% to RM7.51 million from RM4.75 million
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Tenaga Nasional Berhad (TNB)coreStrategic or Co-development PartnerMusteq Hydro Sdn. Bhd. signed a 30-year Power Purchase Agreement (PPA) with TNB on 19 July 1997 to generate and sell electricity. This partnership is fundamental to EDEN's energy business strategy, providing long-term stable revenue through electricity sales.
• Sabah Electricity Sdn. Bhd.coreStrategic or Co-development PartnerStratavest Sdn. Bhd. signed a 21-year contract of electricity supply with Sabah Electricity on 24th January 1997. The Libaran Power Station has been supplying electricity to the Sabah grid since commercial operation on 5 December 1998, officially launched by Prime Minister YAB Tun Dr Mahathir Mohamad.
• Bank Negara Malaysia (Persatuan Alumni Universiti Malaya Club)minorStrategic or Co-development PartnerEden Catering operates at the PAUM Clubhouse (Bank Negara Malaysia venue) providing banquet, meetings and seminar facilities, expanding catering service reach.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Sunway Berhad: A diversified Malaysian conglomerate spanning property development, construction, healthcare, hospitality, and industrial assets under a single listed parent. Closely mirrors EDEN's diversified group structure spanning energy, F&B, tourism, and property.
• Sarawak Energy Berhad: A Malaysian state-backed vertically integrated utility owning and operating hydro and thermal generation assets across Sarawak. Comparable to EDEN as a vertically integrated power operator selling to a single national/state utility counterparty.
• Tenaga Nasional Berhad: Malaysia's largest electricity utility and EDEN's primary offtaker under the 30-year Musteq Hydro PPA. A broader incumbent whose utility model and customer relationship closely mirror EDEN's energy-segment economics.

Direct peers

• Kinergy Advancement Berhad: A Malaysian sustainable-energy company providing engineering, procurement, construction and maintenance services in the power sector. Comparable to EDEN in operating licensed power generation assets with utility-grade counterparts in Malaysia.
• Cypark Resources Berhad: Malaysian renewable energy operator across solar, hydro, and biomass under long-term PPAs with utility off-takers. Directly comparable business model to EDEN's Musteq Hydro small-hydro IPP subsidiary.
• Mega First Corporation Berhad: A Malaysian-listed group with a flagship Independent Power Producer franchise (including hydro plants under long-term PPAs) plus diversified businesses. Closely comparable to EDEN's 20MW Musteq Hydro IPP and Libaran Power Station power generation model under Malaysian IPP framework.
• Destini Berhad: A small Malaysian listed group with operations in aviation services, oil & gas, and defense — similar in scale and diversified-verticals profile to EDEN. Comparable as a Bursa Malaysia small-cap diversified holding pursuing multi-segment operating assets.
• Eminent Holdings Berhad: A small Malaysian listed investment holding company with diversified operating subsidiaries. Comparable to EDEN at the group/holding company level, particularly the multi-subsidiary conglomerate structure with operating businesses across distinct verticals.
• FSBM Holdings Berhad: A diversified Malaysian holding with operating interests spanning aviation services, property, and technology. Comparable to EDEN as a small Bursa-listed diversified group operating through wholly-owned subsidiaries across distinct sectors.

Emerging players

• Malaysian Genomics Resource Centre Berhad: A small Malaysian listed company with diversified business interests including healthcare, property, and trading. Comparable in scale and Bursa Main Market listing profile to EDEN.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/edenincberhad

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Eden