Maming Holdings Sdn Bhd​

Petaling Jaya (August 28, 2024) : Maming Precast Sdn Bhd, a subsidiary of the Maming Group of Companies, is pleased to announce the successful acquisition of a 90% stake in Dinasti Cendana Sdn Bhd, following the finalization of a share sale agreement earlier today. This acquisition marks a significant milestone in Maming Precast’s strategic plan to expand its footprint in the Malaysian construction industry and enhance its operational capabilities.

Dinasti Cendana Sdn Bhd is a leader in the Industrialized Site-Cast Panel Building System (ISP System), a state-of-the-art construction methodology that offers distinct advantages over traditional building techniques. The ISP System is known for its efficiency, cost-effectiveness, and ability to meet the growing demands of the construction sector. Dinasti Cendana has over three decades of experience in the industry and has successfully completed the construction of more than 15,000 landed and high-rise units across Selangor, Pahang, Negeri Sembilan, as well as Thailand, since its establishment in 1993.

The company has a proven track record of working on high-profile projects with prominent developers, including the SBC Corporation Berhad group of companies. Noteworthy projects include single-storey cluster and double-storey homes in Batang Kali, double-storey link houses and apartments in Port Klang, as well as residential developments for the National Housing Authority (NHA) in Samutsakorn, Thailand. Dinasti Cendana’s technical expertise and commitment to quality have positioned it as a trusted name in the industry.