GROUP’S HISTORY

Chase Perdana Group (“CPG”) traces its origins to 1970, when it commenced operations as a sole proprietorship specialising in building construction. In 1976, the business was incorporated as a limited company, marking a significant milestone in its corporate development. The Group subsequently became a publicly listed company in 1991 under the name Chew Piau Berhad, with its shares quoted on Bursa Malaysia Securities Berhad.

Driven by its continued growth and strategic diversification into property development and civil engineering, the Group further expanded its business operations and capabilities. In 1995, the Company changed its name to Chase Perdana Berhad (“CPB”), reflecting its evolving corporate identity and broader business interests. CPB remained listed on Bursa Malaysia Securities Berhad until its eventual delisting in 2008.

Over the years, CPG has established a presence in the property and construction industries, building on its longstanding experience and expertise in building construction, property development and civil engineering. These foundations continue to form an integral part of the Group’s corporate heritage and business identity

Throughout its development, The Group continued to strengthen and consolidate their core capabilities in the property development and construction sectors. The Group’s paid-up share capital stood at RM261.3 million, reflecting its established presence and substantial investment in these business segments.

The Group possesses extensive expertise across a broad spectrum of construction and engineering projects, ranging from luxury hotels and resorts to major civil engineering works, including highways, earthworks and commercial buildings. Its diverse project portfolio reflects its technical capabilities, industry experience and commitment to delivering projects across various sectors.

In recognition of its achievements and contributions to the construction industry, the Group has received several international accolades, including the International Aga Khan Award in 1983, the International Grand Prix Tradition and Prestige Award in Spain in 1996, and the 8th International Construction Award in Spain in 1996. The Group was also nominated for the 2013 Best Tall Building Middle East & Africa Award by the Council on Tall Buildings and Urban Habitat (CTBUH).

These milestones and recognitions underscore the Group’s longstanding experience, technical expertise and continued involvement in the property and construction industries.

The Group offers total solutions covering the areas of design and build, project management and construction. It has the capability to undertake projects ranging from simple infrastructure such as roads, sewerage and bridges to more sophisticated assignments such as marine works, dams, tunnelling, breakwaters, reclaimed land and airport projects together with its partners. The Group has also vast experience in the construction of commercial buildings, condominiums, places of worship, resorts, universities, sports complexes besides housing projects and recreational clubs.

One of the notable achievements of the Group is the design and build of one of the most prestigious and largest universities in Malaysia, the Universiti Malaysia Sabah in Kota Kinabalu which was developed within 999 acres of land along the Sabah coast with a total construction cost of about RM2 Billion.

On the international front, the Group has constructed the Grand Friday Mosque in the Republic of Maldives, the Sowen Valley bungalow lots in Botswana with an 18 holes PGA standard golf course and hotel facilities. Besides this, the Group had constructed an iconic 37-storey twin tower commercial building in Manama, for the National Hotels Company of Bahrain.

The Group also has built up decades of experience in shaping and challenging the boundaries of facility maintenance and management sector which imminently intensified upon the Group undertaking the concession contract which encompasses the development of the students’ hostels including staff quarters and other related facilities for University Malaysia Sabah (“UMS”) for 7,270 students for a period of 30 years.

 

The Group had completed the required facilities under Phase I (3,600 students) in 2004/2005. The Concession is already in the 22nd year of operations. For Phase II with a similar concept will be implemented for providing the remaining 3,670 students’ hostels and accommodations. The lease is for another period of 30 years.

With more than 50 years of involvement in the construction and related activities, the Group is continuously pursuing construction, concession and facility management contracts within Malaysia and overseas.

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