i-City reflects I-Berhad’s strategic transition towards an AI-enabled, integrated urban ecosystem platform, anchored by its AI-led urban development approach I-Berhad has started FY2026 on a resilient footing as the group continues advancing its transformation into an AI-enabled integrated urban ecosystem platform. For the first quarter ended 31 March 2026, the group posted revenue of approximately RM44.0 million and profit before tax (PBT) of RM12.7 million , improving from RM12.4 million recorded in the corresponding quarter last year.Read more

RM 0.52

55.8% undervalued

Hunter_Z's

Fair Value

Revenue

30.6% p.a.

Profit Margin

17.27%

Future PE

8.16x

Price in 2031

RM 0.93

I-Berhad

From Vision to Reality: I-Berhad’s AI World Reflects i-City’s Steady Evolution

What once began as an ambitious vision to build Malaysia’s first true digital city has now taken a bold and tangible step forward. With the opening of the AI World Experience Centre at i-City, I-Berhad has transformed artificial intelligence from a future concept into a living, breathing reality—one that the public can see, touch, and interact with.Read more

RM 0.53

56.6% undervalued

Germaine's

Fair Value

Revenue

27.21% p.a.

Profit Margin

19.14%

Future PE

10.25x

Price in 2030

RM 0.95

Trending Discussion

Snowflake Analysis

Flawless balance sheet with solid track record.

1 Risk

2 Rewards

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I-Berhad Key Details

Last Reported Earnings

Mar 31, 2026

Next Reporting Earnings

n/a

: 0.029
: 45.48%
: 17.87%
: 21.1%

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About IBHD

Founded: 1967
Employees: 393
CEO: Siew Thuan Tey
WebsiteView website: www.i-bhd.com

I-Berhad, an investment holding company, engages in the property investment and development activities in Malaysia. It operates through Property Development, Property Investment, Leisure and Hospitality, and Other segments. The company develops and sells residential and commercial properties; invests in and holds properties; and promotes, markets, and manages events, leisure, hotel, and other tourism related activities. It also contracts for construction works; owns land and property; provides managed network, telephony, and advisory services; and develops and manages i-City, Shah Alam as a MSC Malaysia Cybercentre. In addition, the company is involved in the money lending and property management activities; retails wireless technology, and information and communication technology products; operates as a travel agent, advertising agent, advertiser, and advertising contractor; and operates co-working space, event venue, and related services, as well as café, coffee house, and food and beverages retail outlet. The company was formerly known as Sanyo Industries (Malaysia) Sdn Bhd and changed its name to I-Berhad in 1999. I-Berhad was incorporated in 1967 and is based in Shah Alam, Malaysia. I-Berhad is a subsidiary of Sumurwang Sdn Bhd.