Menang Corporation M

What Menang Corporation M does

Menang Corporation (M) Berhad is a Malaysian public-listed property development and concession management company incorporated on 9 July 1964 and listed on the Main Board of Bursa Malaysia Securities Berhad since 1970. The company operates two core business segments: property development and government concession projects structured as Private Financing Initiative (PFI) arrangements with UiTM (Universiti Teknologi MARA), a Malaysian public university system. The Group manages three PFI concession projects — UiTM Seremban 3, UiTM Puncak Alam Campus (a 3,000-student facility completed in 2015), and the UiTM Institute of Leadership and Development in Bandar Enstek, Nilai (operational since 2016). Its property development activity is centered on the Seremban 3 township, with sales conducted directly through its Seremban regional office, supported by a separately disclosed land bank.

The company earns revenue through two streams: recurring managed services income from long-term PFI concession arrangements covering construction and ongoing facility management of university infrastructure, and one-time property sales from its residential and commercial development pipeline. Government concession contracts are won through formal tender processes, while property sales are conducted via direct channels to end buyers. Pricing is not publicly disclosed. The company maintains a small headcount (11–50 employees) across two offices — a Kuala Lumpur headquarters at Wisma OZ and a regional office at the Seremban 3 development site. Revenue figures are not publicly disclosed on the company website or investor relations materials, and no proprietary technology platforms, AI capabilities, or digital products are part of the business model. Investor communications are conducted through Bursa Malaysia regulatory filings and the corporate website.

Name

Menang Corporation M

Legal name

Menang Corporation (M) Berhad

Website

https://menangcorporation.com

Company type

Public

Founded year

1964

Operating status

Operating

Headcount range

11–50 employees

Short description

Menang Corporation (M) Berhad is a Malaysian public-listed property developer and PFI concession manager operating three UiTM university infrastructure projects (Seremban 3, Puncak Alam, Nilai) plus the Seremban 3 residential and commercial property development, serving government and individual property buyers domestically.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Concession Projects (PFI): Revenue from government concession projects under Private Financing Initiative arrangements. Menang develops and manages UiTM university facilities under long-term concession agreements, generating recurring income through facility management and development rights.
2. Property Development: Revenue from residential and commercial property development and sales. The company develops and sells properties in Malaysia, with projects in Seremban 3 and other locations.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Menang Corporation develops and manages property and infrastructure projects in Malaysia. Its principal activity consists of three Private Financing Initiative (PFI) concession projects for Universiti Teknologi MARA (UiTM), including the development, construction, and ongoing facility management of university campuses and training centres. The company also undertakes residential and commercial property development, notably in its Seremban 3 master development in Negeri Sembilan.

Product overview

Menang Corporation (M) Berhad operates two core business segments: Property Development and Government Concession Projects (UiTM Private Financing Initiative projects). The company manages three PFI concession projects for UiTM universities including UiTM Seremban 3, UiTM Puncak Alam Campus (completed 2015, accommodates 3,000 students), and UiTM Institute of Leadership and Development in Nilai (operational since 2016). The company was incorporated on 9 July 1964 and listed on Bursa Malaysia since 1970.

Differentiator

Problem solved

Functional benefit

Products and services

• UiTM Seremban 3 Private Financing Initiative (PFI) concession project for the development, construction, and management of UiTM (Universiti Teknologi MARA) university facilities at the Seremban 3 campus, delivered for the Malaysian public university system under long-term concession agreement.
• UiTM Puncak Alam Campus (Kompleks Alam Bina dan Seni Reka) Private Financing Initiative (PFI) concession project comprising the Kompleks Alam Bina dan Seni Reka campus at UiTM Puncak Alam, designed for 3,000 students and housing the Faculty of Building, Planning and Surveying and the Faculty of Art and Design. Completed in 2015.
• UiTM Institute of Leadership and Development (ILD) - UiTM Nilai Training centre conducting residential leadership and development programs for UiTM Academic and Non-Academic staff, located in Bandar Enstek, Nilai, with state-of-the-art training facilities. Operated under a PFI concession that commenced in 2016.
• Property Development (Seremban 3 and other Malaysian locations) Residential and commercial property development activity undertaken by the Group in Malaysia, including its flagship Seremban 3 master-planned development in Negeri Sembilan. Units are sold directly to end buyers through Menang's on-site sales office.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Mah Sing Group Berhad: Bursa Malaysia-listed developer focused on residential properties in the Klang Valley and other Malaysian growth corridors; comparable in market positioning to Menang's Seremban-area residential development.
• Sime Darby Property Berhad: Bursa Malaysia-listed residential and commercial property developer with significant land bank across Malaysia; competes directly with Menang for Malaysian property buyers and uses similar direct-sales channel models.
• UEM Sunrise Berhad: Listed Malaysian property developer with flagship township projects in Johor and the Klang Valley; comparable to Menang in business model (residential/commercial development) and Bursa Malaysia listing status.
• Eco World Development Berhad: Bursa Malaysia-listed developer with townships and commercial projects; comparable in business activity but operates at substantially larger scale than Menang.
• SP Setia Berhad: One of Malaysia's largest listed property developers with township and mixed-use developments; comparable to Menang as a Bursa Malaysia-listed developer competing in the same residential property market, though at significantly larger scale.
• Matrix Concepts Holdings Berhad: Bursa Malaysia-listed Malaysian property developer with similar size and residential/mixed-use focus; a strong comparable for a small-cap Malaysian listed developer like Menang.

Broad incumbents

• Sunway Berhad: Large diversified Malaysian conglomerate with significant property development arm (Sunway City, integrated townships); broader in scope than Menang but overlaps in Malaysian property development activity.
• WCT Holdings Berhad: Bursa Malaysia-listed group with property development and construction divisions; broader in scope but comparable in having both property development and government/institutional project exposure similar to Menang's PFI projects.

Regional players

• Cahya Mata Sarawak Berhad: Sarawak-based listed Malaysian group with construction and property development operations; comparable in being a Bursa Malaysia-listed developer-concessionaire, though regionally focused on East Malaysia.
• Naim Holdings Berhad: Sarawak-based Malaysian property and construction company listed on Bursa Malaysia; comparable in business activity though primarily focused on East Malaysia rather than the peninsula where Menang operates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/menang-corp-m-bhd

Revenue estimate

Valuation estimate

Number of profiles

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 Menang Corporation M