Pintaras Jaya outlasts listed rivals

AMONG a handful of piling companies that were listed on Bursa Malaysia in the mid-90s, Pintaras Jaya Bhd is the only one that is still standing today, commanding a market share of 10% to 15%.

The other public piling companies then, like Pilecon Engineering Bhd, UCP Resources Bhd, L&M Corp Bhd, General Soil Engineering Holdings Bhd did not last long after the 1997 financial crisis.