Next Delta Sdn Bhd
Mengenai Next Delta Sdn Bhd
MCT Berhad (“MCT”) was listed on the Main Market of Bursa Malaysia Securities Berhad on 6 April 2015 following the completion of a reserve takeover (“RTO”) exercise.
Commencing operations in 1999 as Modular Construction Technology Sdn Bhd with a total paid-up share capital of RM250,000, today, we are one of the larger property counters listed on the Malaysian stock exchange with a market capitalisation of over RM1 billion.
Our success is underpinned by our construction philosophy centred on the principles of an integrated builder with an in-house design team, construction and purchasing arm, coupled with our own precast and ready-mixed concrete plant. These key features have enabled our Group to adapt quickly to changing market conditions while optimising costs to remain competitive.
Our existing landbank comprises over 540.2 acres of which only 20.4 acres have been fully developed. On-going and soon-to-be launched projects with a combined gross development value (GDV) of approximately RM8 billion account for another 209.9 acres, leaving 309.9 acres for future projects with a conservatively estimated GDV of approximately RM5 billion.
Our single largest shareholder, Regent Wise Investment Limited, is a wholly-owned subsidiary of Ayala Land Inc. (“Ayala“), the leading property developer in the Philippines with a market capitalisation of approximately RM50 billion.
We are collaborating closely with Ayala to create synergies for both organisations and to accelerate our emergence as a key property player in the Malaysian market.