Matrix Concepts growth prospects remain intact

HLIB Research said industrial sales worth RM233mil were secured from RM628mil worth of land launched in the first quarter ended June 30, 2025.

PETALING JAYA: Property developer Matrix Concepts Holdings Bhd’s outlook is holding firm as the company sees strong sales momentum from the launch of industrial properties located in the Malaysia Vision Valley (MVV) growth corridor located in Negri Sembilan.

Hong Leong Investment Bank (HLIB) Research, which recently met with the company’s management, said industrial sales worth RM233mil were secured from RM628mil worth of land launched in the first quarter ended June 30, 2025 (1Q26).