KUALA LUMPUR, April 25 — Property developer and community builder Matrix Concepts Holdings Berhad is looking forward to another solid financial year in 2023 following the easing of Covid-19 restrictions by the Malaysian government.
This is despite various challenges caused by Covid-19 restrictions which include restricted operating conditions and slower than expected domestic economic recovery. “These will supplement the robust and growing demand at our townships which we have been enjoying in recent years and allow us to be cautiously optimistic of another solid year at Matrix,” Mohamad Haslah said during the Group’s Metaraya Iftar with the media last week.
Riding on St Kilda’s popularity as Melbourne’s favoured suburb, the AUUS$80 million 12-storey mixed development is the group’s biggest Australian development to date. “We will be seeking opportunities for strategic collaboration to further strengthen our value proposition as well as securing quality land for developments in FY2023 as part of our growth strategy and to enhance shareholders’ value,” Mohamad Haslah said.