Founded in 1967 by Datuk Lai Siew Wah, Ireka Corporation Berhad (‘Ireka’) was listed on the Second Board of Bursa Malaysia on 12 July 1993 and transferred to the Main Board on 13 June 2002. Today, the Group’s current activities focus on three core businesses: Infrastructure, Real Estate, and Technologies. Ireka (www.ireka.com.my) began its business as a sole proprietor undertaking general earthworks and roadworks construction. In the 1980s, it emerged as one of the largest local earthwork contractors in Malaysia. Throughout the 1990s and early 2000s, it constructed some of the country’s most notable infrastructure projects including civil engineering, building, and public utilities developments.
The Group’s Infrastructure business is represented by Ireka Engineering & Construction Sdn Bhd in Malaysia and Ireka Engineering And Construction Vietnam Company Limited in Vietnam. Within its Real Estate business, Ireka initiated the listing of a property company, Aseana Properties Limited (‘Aseana’), on the London Stock Exchange on 5 April 2007, to undertake property development activities in Malaysia and Vietnam. Ireka’s wholly-owned subsidiary, Ireka Development Management Sdn Bhd, has been appointed as the exclusive Development Manager to manage Aseana’s development portfolio in Malaysia and Vietnam. In 2003, Ireka expanded into Technologies, setting up a primary networking and systems integration company, i-Tech Network Solutions Sdn Bhd which provides customized IT infrastructure solutions and co-location services in Malaysia and Vietnam.