About Us
Company Profile
Malaysia Pacific Corporation Berhad (MPCB) was known before as Weld Development Sdn. Bhd. in 1972, then changed its name to Malaysia Pacific Land Sdn. Bhd. in 1977 when the company was listed on the Main Board of the Kuala Lumpur Stock Exchange (KLSE). It assumed its new name ‘Malaysia Pacific Corporation Berhad’on 11 January 2005, with a view of diversifying its businesses beyond land and property development & management. In December 2006, Seacrest Land Limited via Top Lander Off-shore Inc. based in the British Virgin Island acquired majority shareholding control of MPCB. It is the intention of the company’s CEO, Dato’ Bill C.P. Ch’ng to grow MPCB into a conglomerate in time with carefully planned strategic partners of diverse experience and expertise, who share the same business philosophy and corporate direction. He was named one of the “50 Asia’s Top Corporate CEOs” by Business Weekly International magazine in 1989. Dato’ Bill Ch’ng has won two architectural awards in Malaysia & Singapore in his architectural profession prior to embarking on his journey within the corporate ranks.
MPCB’s present core business is investment and property development, such as the land bank located in Nusa Damai within the Iskandar Development Region of Johor, measuring approximately 905 acres of freehold land. This has been re-planned and is being developed into an integrated resort township. The development in its complexity is a hybrid integration of residential, commercial, tourism, educational, entertainment as well as a food haven. Lakehill Resort City is expected to generate a GDV of approximately RM 6 billion or more in revenue over a targeted 8 year period.
MPCB owns the prime commercial property located in Kuala Lumpur’s ‘Golden Triangle’ called Wisma MPL, a freehold office cum shopping complex located along Jalan Raja Chulan, Kuala Lumpur. The building comprises of an existing 4-storey retail podium, plus an 18-storey office tower and a 3-storey basement car park. Plans are underway to redevelop the site with another modern 50-storey building that will be more than twice of its current gross floor area (GFA). To achieve its growth plan, MPCB is consistently on a lookout for new properties and other viable business opportunities. The group also plans to venture into other lucrative businesses such as mining and plantation to achieve new sources of income for MPCB to improve its growth in size and profitability.