Since our inception and listing on the Main Market of Bursa Malaysia Securities Berhad on 17 November 1998, Varia Berhad has emerged as a premier investment holding company. Committed to crafting a sustainable legacy, we have diversified our expertise into critical sectors of national importance, including construction, property investment, and development. Our dedication to excellence positions us as a key contributor to the nation's building and growth.
To create a sustainable culture and ecosystem for the future.
To propel the world into sustainable development.
Visionary
We are committed to pursuing sustainable value and exceptional solutions in all our business segments. We work collaboratively towards a common purpose supported by our shared goals.
Devoted
We will devote ourselves to the success of our company, the pursuit of excellence, the development of our personnel, and the provision of industry-leading quality service to our investors.
Integrity
We are guided by honesty and a strong sense of moral values while following applicable ethical guidelines.
Evolutionary
We aim for perfection and welcome change, always learning and improving our company, goods, and services.
At Varia Berhad, our endeavours are focused on catalysing economic growth and enhancing infrastructural capabilities, thereby unlocking vast potential and delivering enhanced value to our stakeholders, investors, partners, and clientele. Guided by our unique principles and forward-looking vision, we are committed to pursuing long-term achievements and generating enduring impacts.
The affordable housing project in Port Dickson is expected to be completed in June 2022 and has been recording satisfactory sales since the beginning of the year.
As at 30 June 2021, 81% of the 257 units of double-storey terrace houses have been sold.
We have entered into a development rights agreement with Permodelan Negeri Selangor Berhad (‘’PNSB’’) to jointly develop 61.65 acres of PNSB’s land in Kuala Selangor into a mixed development with an estimated GDV of approximately RM248.19 million. The project is currently in the planning stage.
The shareholders of the Company approved the establishment of a Share Issuance Scheme of up to 15% of the total number of issued shares of Stella for eligible employees and directors of the Group (‘’SIS’’).
The SIS is to recognise and reward the contributions of the Group’s employees whose services are valued and considered vital to the operations and continued growth of the Group.