KUALA LUMPUR (Dec 22): Sentoria Group Bhd, the developer and operator of the Bukit Gambang Resort City (BGRC) in Kuantan, Pahang, has received the approval from the Securities Commission to list on the Main Market of Bursa Malaysia Securities Bhd.
In a statement Thursday, Sentoria said it was aiming to be listed in the first quarter of 2012.
Its head of public and investor relations Nasiruddin Nasrun said the company had a unique business model through its synergistic business segments.
"The listing milestone is a culmination of the group's past 10 years of enterprise building, and delivering properties and hospitality services that enrich the lives of our end-customers.
"We believe that our upcoming listing exercise would not only raise our profile nationwide, but also raise the funds necessary to bring the group to the next lap of growth," said Nasiruddin.
Sentoria was established in 1998 and has built its expertise in the leisure and hospitality as well as the property development sectors.
BGRC is one of the largest integrated resort cities in Malaysia with 547-acre land area and features multiple attractions including the Bukit Gambang Water Park and Active Academy, as well as MICE facilities and 998-room accommodation for families and corporate groups.
Sentoria also develops affordable housing primarily in Kuantan. Among its completed projects are Bay Resort and Desa Hijauan within BGRC, and Taman Indera Sempurna 1 and 2.
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