PRG Holdings Berhad, an investment holding company, manufactures, markets, and sells rubber strips, yarn, webbing, and metal components. It operates through four segments: Manufacturing, Energy Efficiency, Property Development and Construction, and Agriculture. The company is involved in trading of machinery and accessories; and harvesting and sale of teak logs, pineapple, and durian plantation activities, as well as markets, promotes, and exports agriculture, forestry, logging, and plantation related products. It also offers upholstery webbings, square cut rubber threads, rigid webbings, covered elastic yarn, and safety webbings. In addition, the company provides medical and management consultation, accounting, office, and administration services, as well as general support and cardiovascular services; trades in medical products; undertakes civil and building construction works; and rents machinery, equipment, etc. Further, it is involved in the development and construction of residential and commercial properties; property investment and rental activities; and manufacture and processing of food products. Additionally, the company provides smart energy saving solutions; money lending services; engages in the mechanical and electrical consultancy activities; undertakes turnkey contractors for clean room and outfitting of industrial premises; designs building automation systems; and operates as a consultants and suppliers of energy conservation systems in buildings. It sells its products in Malaysia, the Asia Pacific, Europe, North America, and internationally. The company was formerly known as Furniweb Industrial Products Berhad and changed its name to PRG Holdings Berhad in January 2015. PRG Holdings Berhad was founded in 1983 and is headquartered in Kuala Lumpur, Malaysia.
Malaysian Market Performance
7D7 Days: 0.9%
3M3 Months: 0.5%
1Y1 Year: -4.9%
YTDYear to Date: -7.5%
In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 3.4%. As for last year, the market is down 4.9%. As for the next few years, earnings are expected to grow by 8.6% per annum. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.