GPQ Sdn Bhd

What GPQ Sdn Bhd does

GPQ Sdn. Bhd. is a Malaysia-based Government Linked Company (GLC) and CIDB G7 registered construction contractor, founded in 1978 and headquartered in Kuala Terengganu, Terengganu. The company is wholly owned by the State of Terengganu through its investment arm, Terengganu Incorporated Sdn. Bhd., and operates across four integrated business lines: general construction, quarry operations (Kg. Sungai Serai, Bukit Payong — operating since 1990), premix production (via subsidiary TI QMix Sdn. Bhd., 250 MT/hour JKR-certified capacity), and affordable property development (via subsidiary KOPERAT, established 1996). Its project portfolio spans hospitals, bridges, highways, flood and coastal erosion infrastructure, religious facilities, and housing programs — primarily for federal and Terengganu state government clients.

The company's go-to-market is exclusively business-to-government, with all revenue earned through competitive public tender or direct contract award. Registered as a Class A contractor with Pusat Khidmat Kontraktor (PKK) and at the highest CIDB grade (G7), GPQ is eligible to bid on tenders of unlimited contract sum from all government agencies. Recent flagship contracts include the RM 338.5 million Bridge Cross Over Sungai Marang (delivered via the GPQ-LBGE Joint-Venture), the RM 317.6 million Block C Gleneagles Hospital Ampang, the RM 313.85 million Hospital Pengajar UniSZA, and the RM 78.38 million Quran Village Phase 1 in Putrajaya — the latter two marking initial geographic expansion into the Klang Valley. The company has begun adopting Building Information Modelling (BIM) for project design and asset management.

GPQ's business model is one-time project contract revenue with project-specific pricing determined through the tender process. With a lean headcount of approximately 34 employees, the company executes through subcontractors and vertical integration rather than direct labor. Revenue is concentrated entirely in the public sector — federal agencies (JKR, JPS, Perbadanan Putrajaya) and Terengganu state-linked entities — with no disclosed private commercial or industrial customers. Management's stated objective at the 2024 Management Retreat is to grow annual revenue above RM 100 million, supported by concurrent execution of mega-projects and expanded tender participation beyond Terengganu.

Name

GPQ Sdn Bhd

Legal name

GPQ Sdn. Bhd.

Website

https://gpqsb.com.my

Company type

Private

Founded year

1978

Operating status

Operating

Short description

GPQ Sdn Bhd is a Malaysian Government Linked Company and CIDB G7 registered construction contractor headquartered in Terengganu, serving federal and state government agencies through integrated construction, quarry, premix, and affordable housing subsidiaries.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Terengganu

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Contracts: GPQ generates primary revenue through construction contracts with government agencies. The company is registered as a CIDB G7 contractor and Class A contractor with PKK, enabling participation in unlimited contract sum tenders. Construction projects include buildings, housing, highways, and infrastructure projects throughout Terengganu and expanding into the Klang Valley.
2. Quarry Operations: Quarry operations supply construction materials including Crusher Run, Aggregare 3/4", Chipping 3/8", Quarry Dust and Block Stone. The quarry operates as one of the main suppliers for quarry products in Terengganu, serving both internal construction needs and external customers.
3. Premix Production: Through subsidiary TI QMix Sdn. Bhd., GPQ produces and supplies premix products. The plant has production capacity of 250 MT per hour and is JKR certified, supplying to projects in Marang, Kuala Terengganu, Hulu Terengganu, and Kuala Nerus.
4. Property Development: Through subsidiary KOPERAT (Konsortium Perumahan Rakyat Terengganu Sdn. Bhd.), GPQ engages in property development for affordable housing. The subsidiary was established to meet local housing needs and accelerate implementation of housing programs in Terengganu.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

GPQ Sdn Bhd is a CIDB G7 and PKK Class A registered Bumiputera construction contractor delivering building, civil engineering, highway, bridge, and housing projects for federal and state government clients in Malaysia. Beyond contracting, the company operates an integrated value chain comprising its own quarry supplying Crusher Run, Aggregate, Chipping, Quarry Dust and Block Stone, a JKR-certified premix plant (TI QMix) producing 250 MT per hour, and affordable housing development through subsidiary KOPERAT. Primary markets are Terengganu with growing operations in the Klang Valley.

Product overview

GPQ Sdn Bhd operates as a single unified construction company with multiple business segments including construction services, quarry operations, and premix production. The company also has subsidiaries KOPERAT for property development and TI QMix for premix production. The portfolio consists of core construction services supported by raw material operations (quarry and premix) and downstream property development, all serving infrastructure, housing, and building projects primarily in Terengganu, Malaysia.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Contracting Services CIDB G7 and PKK Class A registered general construction services covering civil engineering works, building construction, highways, bridges, hospitals, mosques, and housing projects for federal and state government clients in Malaysia. Recent projects include Hospital Pengajar UniSZA (RM 313.85M), Block C Gleneagles Hospital Ampang (RM 317.56M), Bridge Cross Over Sungai Marang (RM 338.5M), and Quran Village Putrajaya (RM 78.38M).

Quantifiable outcome

• 1,000,000 work hours without accident achieved at Bridge Cross Over Sungai Marang project
• +1 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• GPQ-LBGE Joint-VenturecoreStrategic or Co-development Partner · 1 January 2021Joint venture partnership for execution of major infrastructure projects including the Bridge Cross Over Sungai Marang (RM 338.5 million contract). LBGE appears to be a construction partner providing joint capability for large-scale projects.
• TI QMix Sdn. Bhd.coreOthers · 1 January 2010Subsidiary of GPQ Sdn Bhd formed from merger of GPQ Kuari and GPQ WM Premix Sdn. Bhd. Operates premix plant with 250 MT/hour capacity, one of the main premix suppliers in Terengganu and JKR certified.
• Terengganu Incorporated Sdn. Bhd.coreOthers · 1 January 1997Parent company and investment arm of the State of Terengganu. GPQ Sdn Bhd is one of the subsidiaries of Terengganu Incorporated Sdn. Bhd., providing preferential access to state government projects and investment backing.
• Konsortium Perumahan Rakyat Terengganu Sdn. Bhd. (KOPERAT)coreOthers · 1 January 1996Subsidiary of GPQ Sdn Bhd established to address affordable housing needs in Terengganu. KOPERAT combines capabilities of state government subsidiaries to accelerate housing program implementation.
• Kemaman Technology and Industrial Park Sdn. Bhd.minorOthersAssociate company of GPQ Sdn Bhd, listed as part of GPQ Group's associated companies.
• TD Gabongan Sdn. Bhd.minorOthersAssociate company of GPQ Sdn Bhd, listed as part of GPQ Group's associated companies.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Sunway Construction Group Berhad: KLSE-listed Malaysian general contractor delivering building, infrastructure, and civil engineering projects including large-scale government contracts. Highly comparable to GPQ in project type mix, although operating at significantly larger scale and broader Malaysian geographic footprint.
• WCT Holdings Berhad: Malaysian construction and property developer with strong track record in highways, bridges, and building projects for government clients. Comparable to GPQ in civil/infrastructure focus and reliance on government tenders, with established Klang Valley presence.
• Gadang Holdings Berhad: Malaysian construction and property developer with civil engineering, building, and property development divisions. Public-listed counterpart with similar integrated construction/property model, though larger scale.
• TRC Synergy Berhad: Malaysian construction company focused on infrastructure, building, and oil & gas civil works with significant government contract exposure. Comparable to GPQ in civil/building project mix and public-sector client base.
• Kimlun Corporation Berhad: Malaysian construction and quarry/premix player with integrated building materials and civil engineering operations. Highly relevant comparison to GPQ's vertically integrated construction-quarry-premix business model.

Broad incumbents

• IJM Corporation Berhad: One of Malaysia's largest diversified construction and property groups with extensive infrastructure, building, and industrial operations. Comparable end-markets but vastly larger scale and broader portfolio than GPQ.
• Gamuda Berhad: Leading Malaysian infrastructure and property developer, major player in tunneling, highways, and large-scale public projects. Comparable in government infrastructure work but operates at a fundamentally different scale and capability set than GPQ.
• Malaysian Resources Corporation Berhad (MRCB): Malaysian urban infrastructure and property developer with major government-backed transit-oriented and building projects. Comparable in the public-sector drive but with much larger scale and broader urban development focus.
• UEM Edgenta Berhad: Government-linked infrastructure and asset management services company with UEM Group backing. Comparable to GPQ in government-linked status and Malaysian infrastructure focus, though specializing in support services rather than construction.

Emerging players

• HSS Engineers Berhad: Malaysian engineering services and project management firm serving government infrastructure projects. Tangentially comparable as a Malaysian government-contracting counterpart, though focused on engineering services rather than construction execution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 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 GPQ Sdn Bhd