REQUEST A DEMO
Total
USD $0.00
Search more companies

Glostrext Berhad (Malaysia)

Main Activities: Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
Full name: Glostrext Berhad Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company was incorporated in Malaysia under the Companies Act 2016 on 15 February 2022 as a private limited company.
The principal activity of company are geotechnical instrumentation service provider, where we provide piling, structural and geotechnical related services, covering instrumentation, testing and monitoring services to construction projects as well as completed buildings and infrastructure.
Our service offerings can be categorised into 2 segments, as follows:
- Provision of pile instrumentation and static load test services to construction projects; and
- Provision of structural and ground instrumentation and monitoring services to construction projects as well as completed buildings and infrastructures.
In 1993, through Spectest, the company secured our first major service engagement from Bachy Soletanche (M) Sdn Bhd which involved the provision of pile instrumentation services as well as structural and ground instrumentation and monitoring services covering amongst others, piles, pile rafts and basement excavations for the construction of the Petronas Twin Towers. In the same year, we also secured a major service engagement involving a hillside development at Genting Highlands, Pahang for the provision of structural and ground instrumentation and monitoring services for the construction of a new hotel and car park building.
In 1995, the company relocated our office to a terrace factory in Serdang Lama, Selangor. Over the years, between 1995 and 2004, the company provided pile instrumentation services as well as structural and ground instrumentation and monitoring services to numerous construction projects, including the construction of Pavilion Kuala Lumpur, Securities Commission Malaysia and Securities Industry Development Centre, light rail transit (“LRT”) stations in Kuala Lumpur, KL Sentral, Kuala Lumpur International Airport and Ministry of Finance office, as well as multiple residential buildings, office buildings, hotels and amenities such as schools and hospitals, mainly in Malaysia. For the above projects, our customers included Pintaras Geotechnics Sdn Bhd, APG Geo-Systems Sdn Bhd, BST JV, I-P Foundations Ltd and Econpile (M) Sdn Bhd.
In 2004, Glostrext Technology was incorporated. Following which, the company continued to secure pile instrumentation as well as structural and ground instrumentation and monitoring service engagements involving the construction of residential buildings, shop houses, office buildings, industrial buildings and power plants in Malaysia.
In 2009, Glostrext Singapore was incorporated. Since then, the company have completed numerous pile instrumentation service engagements which involved the construction of residential buildings (including public housing developments), hotels, office buildings, industrial buildings, universities and schools, as well as infrastructure such as roads and highways in Singapore. Amongst the notable construction projects in Singapore that we have been involved in includes Johor Bahru – Singapore Rapid Transit System, New State Court Complex, Jewel Changi Airport and polder construction at Pulau Tekong.
In 2012, the company expanded our service offerings to include the provision of pile static load test services using Bi-directional Static Load Test (BDSLT), where we provided BDSLT pile static load test services for the construction of a mass rapid transit (“MRT”) station (i.e. Tampines Central Station) in Singapore. Subsequent to that, the company continued to secure BDSLT pile static load test service engagements from construction projects involving residential buildings, commercial buildings, industrial buildings, MRT stations, electrical substations, roads, tunnels, schools and hospitals in Singapore. Amongst the notable service engagements that we have been involved in using BDSLT in Singapore include Tuas Water Reclamation Plant and Intra Airside Road Connection, Second Parallel Taxiway and Fire Station No. 2 for Changi East at Changi Airport. Since the incorporation of Glostrext Singapore, some of our major customers in Singapore are CS Bored Pile System Pte Ltd, Pintary Foundations Pte Ltd and Zap Piling Pte Ltd, where we provided pile instrumentation and pile static load test services.
In 2013, the company secured our first BDSLT pile static load test service engagement in Malaysia, where we provided BDSLT pile static load test services for the construction of a MRT station (i.e. Bukit Bintang Station) in Kuala Lumpur. Subsequent to that, the company continued to secure BDSLT pile static load test service engagements for construction projects involving residential buildings, shopping complexes, office buildings, industrial buildings, MRT lines and LRT lines in Malaysia. Amongst the notable service engagements that we have been involved in using BDSLT in Malaysia include Lalaport Bukit Bintang City Centre in 2017, HSBC head office at Tun Razak Exchange in 2017, East Coast Rail Link in 2018, Pan Borneo Highway in 2018, MRT2 from 2017 to 2018 and LRT3 from 2018 to 2019. Since the incorporation of Glostrext Technology, some of our major customers in Malaysia are Aneka Jaringan Sdn Bhd, Econpile (M) Sdn Bhd and Bauer (Malaysia) Sdn Bhd, where we provided pile instrumentation and pile static load test services.
In 2020, the company moved to our current head office located in Shah Alam, Selangor, which was acquired by our Group in 2017. In addition, we also set up a laboratory at our head office in Malaysia in February 2020 and a laboratory at our office in Singapore in October 2021, where both laboratories are dedicated for our R D activities and to calibrate instruments used in our operations.
In 2021, through an existing customer in Malaysia, the company secured our first service engagement in Cambodia where the company provided BDSLT pile static load test services for the construction of Naga 3 Integrated Entertainment Complex in Phnom Penh.
In 2022, the company enhanced our structural and ground instrumentation and monitoring services when the company began providing off-site monitoring services through the usage of our Glostrext WiNA platform. It allows geotechnical data to be collected and monitored remotely through the internet on a real time basis.

Headquarters
No. 11A, Jalan Apollo U5/194, Bandar Pinggiran Subang, Seksyen U5
Shah Alam; Selangor; Postal Code: 40150

Contact Details: Purchase the Glostrext Berhad report to view the information.

Website: http://www.glostrext.com

Basic Information
Total Employees:
Purchase the Glostrext Berhad report to view the information.
Outstanding Shares:
Purchase the Glostrext Berhad report to view the information.
Financial Auditors:
Purchase the Glostrext Berhad report to view the information.
Incorporation Date:
2022
Key Executives
Purchase this report to view the information.
Chairman
Purchase this report to view the information.
Chief Financial Officer
Purchase this report to view the information.
Chief Technology Officer
Purchase this report to view the information.
Managing Director
Purchase this report to view the information.
Director/Member of the Board
Ownership Details
Purchase this report to view the information.
45.63%
Purchase this report to view the information.
18.41%
Company Performance
Financial values in the chart are available after Glostrext Berhad report is purchased.
Looking for more than just a company report?

EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.

Request a demo of the EMIS service
Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
37.68%
Total operating revenue
36.28%
Operating profit (EBIT)
45.01%
EBITDA
38.74%
Net Profit (Loss) for the Period
57.81%
Total assets
35.62%
Total equity
51.58%
Operating Profit Margin (ROS)
1.58%
Net Profit Margin
3.32%
Return on Equity (ROE)
0.17%
Debt to Equity Ratio
-14.81%
Quick Ratio
0.83%
Cash Ratio
0.41%

To view more information, Request a demonstration of the EMIS service

Buy this company report
Need ongoing access to company, industry or country information?