Matang was incorporated as a special purpose vehicle to facilitate the listing of MHB on the ACE Market of Bursa Malaysia Securities Berhad. Through our subsidiaries, Matang group of companies (“Matang Group” or the “Group”) is involved in the management of plantation estate, sale of FFB and property investment holding.
The history of Matang Group can be traced back to the 1970’s era when businesses were mostly small family-owned sole proprietorships or partnerships that relied heavily on the involvement of family members. As the Malaysian economy grew, the need emerged for entrepreneurs to break away from traditional family business practices and began to effect the formation of large corporations in order to withstand increasing business competition.