ABOUT US
Background

Background			Logo Rationale			Corporate Collaterals & Newsletters
Vision			Awards & Recognition			Group Structure
			Corporate Information			Board of Directors

Founded in 1967 by Mr Lai Siew Wah, Ireka Corporation Berhad (‘Ireka’) was listed on the Second Board of Bursa Malaysia on 12 July 1993, and transferred to the Main Board on 13 June 2002. Today, the Group’s current activities are divided into three core businesses: Infrastructure, Real Estate and Technologies.

Ireka Corporation Berhad started its business as Syarikat Lai Siew Wah, a sole proprietor undertaking general earthworks such as site-clearings and road works construction throughout Malaysia, as a sub-contractor initially and later as a sole contractor.

In the 1970s, Ireka expanded its fleet of plants and machineries and began to take on large-scale construction works. It emerged as one of the largest local earthwork contractors in Malaysia in the 1980s and throughout the 1990s it constructed some of the country's most notable projects such as the Kuala Lumpur International Airport runway, sections of the Kuala Lumpur Middle-Ring Road II and North-South Expressway, Triang Water Treatment Plant, Putrajaya Government Administrative Offices, DiGi Corporate Office (D'House), Technology Park Malaysia and The Westin Kuala Lumpur. The Group's Infrastructure business is represented by Ireka Engineering & Construction Sdn Bhd in Malaysia and Ireka Engineering And Construction Vietnam Company Limited in Vietnam.

Within its Real Estate business, Ireka began acquiring landbank in Mont' Kiara since the 1990s, which enabled the Group to undertake property development activities throughout the decade and beyond. Ireka successfully initiated the listing of a property company, Aseana Properties Limited ('Aseana'),on the London Stock Exchange on 5 April 2007, paving the way for Ireka to undertake further property development activities in Malaysia and to begin new ones in Vietnam. Ireka's wholly-owned subsidiary, Ireka Development Management Sdn Bhd ('IDM'), has been appointed as the exclusive Development Manager for Aseana.

The Group also developed, owned and managed The Westin Kuala Lumpur, an international 5-star award-winning hotel. The Westin Kuala Lumpur opened its doors in September 2003 and won many highly-coveted awards such as FIABCI Malaysia Property Awards 2005 (Hotel Development category), Prix d'Excellence Award 2006 (Best Hotel & Resort category) and Hospitality Asia Platinum Awards 2005 - 2006 (The Award for Excellence – Best New Hotel). The 443-room Westin Kuala Lumpur was sold in early 2007 for a record price of approximately RM1 million per room.

In 2003, Ireka expanded into Information Technology, setting up a primary networking and systems integration company, i-Tech Network Solutions Sdn Bhd. i-Tech provides customised IT infrastructure solutions and co-location services in Malaysia and Vietnam. The company has strong alliances with international IT principles such as IBM, Juniper and APC.