Property Development

Property development is our core business. Our primary focus is on niche property development mainly in the Klang Valley area. Other developments are in the Penang, Johor and Pahang states.


PJD Construction Sdn. Bhd. (PJDC) is the construction arm and a wholly-owned subsidiary of the Group. PJDC is a registered contractor with Pusat Khidmat Kontraktor (PKK) and Construction Industry Development Board (CIDB) with a “Class A” and “G7” classification respectively.



OPERATIONS REVIEW BY MANAGING DIRECTOR
 
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Construction
 
Despite lower revenue, the Division recorded a significantly stronger profit on the back of improved margins and stable prices of raw materials. During the year under review the Division completed and handed over two projects in Malaysia. Our construction contracts in Thailand are targeted to be completed and cease operations by the end of the year 2011.
 

The Division will remain focused on the domestic market and concentrate on the replenishment of its current order book with new construction works. Riding on the track records of improved quality works, the Division has widened its clientele base, further enhanced its competitiveness and moving forward, more investment in the fleet of machineries and system formwork are expected. The Division will continue the investment in human capital and improvement in safety and health by providing adequate training and promoting awareness amongst the staff, contractors and workers alike. With sound risks management and internal controls in place, the Division is confident to meet the challenges in the year ahead.

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