Latest news with #I-Berhad
New Straits Times
08-07-2025
- Business
- New Straits Times
I-Berhad goes big on AI, robotics to make i-City a smart living hub
KUALA LUMPUR: I-Berhad, the developer of Malaysia's flagship digital township i-City, is doubling down on its boldest vision yet, embedding artificial intelligence (AI) and robotics into every layer of its operations, customer experience, and commercial ecosystem to cement i-City's position as the country's capital for smart urban living. Far beyond typical digital upgrades, I-Berhad's next phase sees AI and robotics not just as tools for efficiency or novelty but as the very operating system that will shape how i-City works and grows. "This isn't about putting a single robot in a lobby. It's about building a city that learns, responds, and delivers," said Tan Sri Lim Kim Hong, chairman of I-Berhad, adding that technology has always been part of i-City's DNA, not just a branding tagline. He pointed out that the strategy revolves around three key pillars: transforming internal operations, reimagining customer offerings, and positioning i-City as Malaysia's national hub for AI and robotics business. Within its operations, I-Berhad is already deploying AI to gain sharper insights across property and hospitality assets, from predictive maintenance and automated guest services to data-driven cost optimisation and real-time analytics to boost efficiency and service quality. Robotics pilots have begun as well, with service robots, including robot chefs at Wyndham Suites KLCC, being trialled to automate food and beverage operations, Lim said. "But the group's biggest bet is to bring robots into everyday living for residents and tenants. I-Berhad is exploring "kitchen packages" for new homes that could one day come with robot chefs, just like fridges and cookers today." Lim said that plans are also underway for delivery robots to bring food from local outlets directly to residents, all orchestrated via the i-City AI agent SuperApp, the township's integrated AI assistant. "It's just like when we bundled fibre broadband into homes two decades ago. It makes properties stickier and life more convenient," Lim told Business Times. Another major push is to transform i-City into Malaysia's national centre for AI and robotics commerce. Taking inspiration from Kuala Lumpur's iconic Low Yat Plaza, long known as the country's IT retail hub, I-Berhad wants to attract robotics retailers, startups, and global tech brands to anchor their presence in i-City's retail spaces. A new Request for Proposals (RFP) has been launched to invite partners in four key areas: retail showcases, education partnerships, SuperApp integration, and live deployments in theme parks and public spaces. "The goal is to make i-City a springboard for AI and robotics players eyeing the Asean market, using our annual footfall of over 10 million visitors as a test bed to showcase and refine new products," said I-Berhad director Datuk Eu Hong Chew. He added that the RFP is part of the group's broader strategy to reinvent its RM1 billion asset base in i-City, shifting from a traditional developer into a platform that integrates, showcases, and monetises AI and robotics. "We have three big strategic goals for AI and robotics," Eu said. "First, we're transforming internal operations — using AI for smarter decision-making, predictive maintenance, customer service, and financial analytics across our hospitality and property portfolio. "Second, we're using AI and robots to elevate what we offer our customers. Think of robot chefs bundled into kitchen packages for new homes, delivery bots serving residents, or concierge and security robots, all managed through our SuperApp." The third goal, EU explained, is to make AI and robotics a commercial pillar for the company. "We're turning i-City into Malaysia's 'Low Yat Plaza for robotics', clustering robotics retailers, education labs, startups, and B2B showcases in one ecosystem. The RFP invites partners to help us build this ecosystem and position i-City as a regional launchpad for global tech brands wanting Asean entry," he said. "AI and robotics are still evolving, so the RFP is our corporate way of casting a wide net to bring in the best partners and ideas. The other approach comes from Lim's early legacy. He was Malaysia's earliest investor in China in the 1980s and he is now building on his ties to translate into strategic alliances with China-centric AI and robotics players," Eu added. Beyond traditional development, Eu said I-Berhad is also focused on maximising the value of its land by turning i-City into a "living lab" for Malaysian universities, startups, and researchers to run real-world AI and robotics trials, supported by i-City's existing visitor base and infrastructure.
New Straits Times
26-06-2025
- Business
- New Straits Times
I-Berhad commits RM10mil for i-City smart city push
SHAH ALAM: I-Berhad has allocated RM10 million for the rollout of intelligent infrastructure pilot projects across i-City, reinforcing its commitment to smart city development as part of its broader transition into a technology-driven urban platform. The latest initiative underscores the company's focus on embedding artificial intelligence and robotics into the core of i-City's ecosystem, transforming it into a truly tech-enabled intelligent city. In a statement, I-Berhad said these technologies will be integrated into building management systems, tenant services, and community engagement platforms, aimed at boosting automation, operational efficiency, and personalised urban experiences. "Our growth journey has always been grounded in bold vision and forward planning," said chairman Tan Sri Lim Kim Hong. "i-City was built two decades ago as Malaysia's first digital city with fibre-to-home broadband and smart infrastructure. Today, we are ready to write the next chapter by elevating i-City into an intelligent, adaptive urban ecosystem." With a strong recurring income base, sustained earnings growth, and an expanding digital infrastructure, I-Berhad is positioning i-City as a tech-centric urban hub that appeals to businesses, residents, and digital tourists, while enhancing overall property values within the development. The group delivered a robust financial performance in 2024, with revenue climbing 27 per cent year on year. Profit attributable to shareholders rose 143 per cent to RM29.2 million, up from RM12 million in 2023, a testament to the group's solid fundamentals and evolving business model. This growth trajectory continued into the first quarter of 2025 (Q1 2025), with revenue surging 53 per cent and net profit attributable to shareholders jumping 144 per cent year-on-year. All three of I-Berhad's core segments, property development, property investment, and leisure and hospitality, contributed meaningfully to earnings, reinforcing the strength of its diversified operations. According to Lim, these results reflect I-Berhad's successful pivot from a conventional property developer to a future-ready platform focused on long-term value creation through asset optimisation, digital transformation, and stable recurring income. The group's digital initiatives are designed to be self-sustaining, with monetisation driven by SuperApp service revenues, enhanced leasing from value-added property solutions, and cost savings through predictive maintenance and automation, he said. Lim said that by placing technology at the core of its business model, I-Berhad is strategically positioned at the intersection of real estate, digital innovation, and recurring income, unlocking scalable growth and new value creation opportunities. "With a technology-forward model and recurring income focus, I-Bhd is well-positioned to create long-term shareholder value," said Lim.
Yahoo
21-05-2025
- Business
- Yahoo
Those who invested in I-Berhad (KLSE:IBHD) five years ago are up 45%
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. For example, the I-Berhad (KLSE:IBHD) share price is up 38% in the last 5 years, clearly besting the market return of around 12% (ignoring dividends). Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Our free stock report includes 1 warning sign investors should be aware of before investing in I-Berhad. Read for free now. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During five years of share price growth, I-Berhad achieved compound earnings per share (EPS) growth of 0.6% per year. This EPS growth is lower than the 7% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of I-Berhad, it has a TSR of 45% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! While the broader market lost about 5.3% in the twelve months, I-Berhad shareholders did even worse, losing 9.5% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 8% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we've discovered 1 warning sign for I-Berhad that you should be aware of before investing here. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
21-05-2025
- Business
- Yahoo
Those who invested in I-Berhad (KLSE:IBHD) five years ago are up 45%
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. For example, the I-Berhad (KLSE:IBHD) share price is up 38% in the last 5 years, clearly besting the market return of around 12% (ignoring dividends). Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Our free stock report includes 1 warning sign investors should be aware of before investing in I-Berhad. Read for free now. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During five years of share price growth, I-Berhad achieved compound earnings per share (EPS) growth of 0.6% per year. This EPS growth is lower than the 7% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of I-Berhad, it has a TSR of 45% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! While the broader market lost about 5.3% in the twelve months, I-Berhad shareholders did even worse, losing 9.5% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 8% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we've discovered 1 warning sign for I-Berhad that you should be aware of before investing here. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Those who invested in I-Berhad (KLSE:IBHD) five years ago are up 45%
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. For example, the I-Berhad (KLSE:IBHD) share price is up 38% in the last 5 years, clearly besting the market return of around 12% (ignoring dividends). Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Our free stock report includes 1 warning sign investors should be aware of before investing in I-Berhad. Read for free now. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During five years of share price growth, I-Berhad achieved compound earnings per share (EPS) growth of 0.6% per year. This EPS growth is lower than the 7% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of I-Berhad, it has a TSR of 45% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! While the broader market lost about 5.3% in the twelve months, I-Berhad shareholders did even worse, losing 9.5% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 8% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we've discovered 1 warning sign for I-Berhad that you should be aware of before investing here. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
