Parkwood Holdings Berhad, formerly known as Amalgamated Industrial Steel Berhad (AISB), is a Malaysian company located in Kuala Lumpur. It was founded on November 20, 1969, and initially operated as a premier manufacturer of steel pipes in Malaysia. After three years, AISB became a publicly listed company on December 10, 1974. In 2015, AISB divested its manufacturing operations to focus on property-related activities and trading steel-related products. This strategic move aimed to improve the company's income stream and reduce exposure to market volatility. The company's senior management team and directors, who had previously spearheaded successful property projects under the LGB Group, played a crucial role in this transition. As a result, Parkwood Holdings Berhad is now an innovative and sustainable developer, specializing in residential, commercial, mixed-use, and industrial properties. In 2020, the company divested its steel trading operations to solely focus on the property sector. The Group's listing on Bursa Malaysia was re-classified from "Industrial Products and Services" to the "Property" sector on October 12, 2020. On January 26, 2021, AISB officially changed its name to Parkwood Holdings Berhad to better reflect its principal activities in the property sector.
Headquarters
Unit 8-02, Level 8, Menara Lgb, No. 1 Jalan Wan Kadir, Taman Tun Dr Ismail
Kuala Lumpur; Federal Territories;
Postal Code: 60000
Contact Details: Purchase the Parkwood Holdings Berhad report to view the information.
Website: http://www.aisberhad.com.my
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