Farlim Group (Malaysia) Bhd. Stock

Farlim Group (Malaysia) Bhd is a Malaysia-based property development and investment holding company. The Company, through its subsidiaries, is engaged in property development, investment holding, marketing and distribution of building materials. The Company is focused on the development of Bandar Baru Ayer Itam on the island of Penang township, which is located in a targeted growth area, which is approximately five kilometers from Georgetown. Bandar Baru Ayer Itam has been transformed into a fully integrated township, which comprises a commercial center offering a range of services, including hypermarkets, banks, pharmacies, clinics, restaurants, post offices, petrol kiosks, kindergartens and police stations. The Company’s residential properties include Taman Impiana Bidor and Bandar Baru Ayer Itam. It has approximately 18,667 total properties built, over 17,500 residential units and approximately 1,167 commercial units. It also has development projects in Selangor and Perak.