Gabungan AQRS Berhad

Gabungan AQRS Berhad (GAQRS), also referred to as GBG, is a Malaysian public company. Its official website presents three business areas: Construction, Property and Strategic Investments. In April 2016 the Group initiated a transformation plan spearheaded by Group CEO Dato' Azizan Jaafar, addressing mounting debt levels, a dwindling construction order book and a high operating cost base; the transformation was completed in 2017, described by the company as a "Reborn GBG". The Group states it undertakes civil infrastructure and building projects worth in excess of three billion ringgit, including LRT 3, SUKE, PPSAS, ECRL and MRT Line 1, and that its IBS Manufacturing arm SEDCO Precast Sdn Bhd operates a precast concrete facility in Tuaran, Sabah.

In April 2016, Gabungan AQRS Berhad initiated a transformation plan spearheaded by Group CEO Dato' Azizan Jaafar. The Group focused on mounting debt levels, a dwindling construction order book and a high operating cost base. These issues were successfully tackled, resulting in what the company describes as a "Reborn GBG" in 2017. The About Us page states that the Group was led by its Group CEO and the current single largest-shareholder in 2016, that the transformation was initiated because the Group was facing multiple operational and financial headwinds, and that the entire transformation exercise was completed in 2017, equating to a total rebirth of the organisation. The Group states it is undertaking civil infrastructure and building projects worth in excess of three billion ringgit, including LRT 3, SUKE, PPSAS, ECRL and MRT Line 1. Its IBS Manufacturing arm, SEDCO Precast Sdn Bhd, is described as currently the largest precast concrete manufacturer in Sabah, operating on an 18.67-acre parcel of freehold industrial land in Tuaran, Sabah.

Premier provider of innovative and sustainable construction and property development products.

Product categories. Construction · Property development · Strategic investments

1. 1Home | GABUNGAN AQRS BERHAD (GAQRS)gbg.com.my
2. 2About Us | GABUNGAN AQRS BERHAD (GAQRS)gbg.com.my
3. 3Our Values | GABUNGAN AQRS BERHAD (GAQRS)gbg.com.my
4. 4Vision & Mission | GABUNGAN AQRS BERHAD (GAQRS)gbg.com.my
5. 5Gabungan Aqrs Berhadwikidata.org