Naim Holdings Berhad Reports Earnings Results for the First Quarter Ended March 31, 2023

Naim Holdings Berhad is a Malaysia-based investment holding company. The Company's segments include Property development, Construction and Others. The Property development segment is engaged in the development and construction of residential and commercial properties, including sale of vacant land and vacant lot with infrastructure. The Construction segment is engaged in the construction of buildings, roads, bridges and other infrastructure and engineering works, including oil and gas related construction projects. The Others segment includes trading of building and construction materials, provision of sand extraction and land filling services, property investment and management, hotel operation as well as quarry operation. Its flagship property developments include Naim Bandar Baru Permyjaya in Miri, Naim Kuching Paragon integrated development, Naim Desa Ilmu and Naim Riveria in Kuching and Naim Bintulu Paragon integrated development.