Encorp Berhad Signs MOU With KBI Properties To Explore Strategic Collaboration Opportunities
Released on: Wednesday, 13 May 2026 6:25PM
Names (L-R):
1. Dr. Wan Ahmad Rudirman Wan Razak, Member of the Board of Directors of ENCORP
2. En. Ahmad Harzimi Mohd Taib, Group Chief Executive Officer of ENCORP
3. Encik Azman Mohd Salleh, Director of KBI Properties
4. Yang Berbahagia Dato' Romli Ishak, Chairman of KBI Properties
Collaboration Supports ENCORP’s Long-Term Growth Through Potential Strategic Developments
KUALA LUMPUR, May 13 (Bernama) -- Encorp Berhad (“ENCORP”) a property development group with diversified interests across construction, investment property and facilities management, has entered into a Memorandum of Understanding (“MOU”) with KBI Properties Sdn. Bhd. (“KBI Properties”) to explore strategic partnership opportunities and potential collaborations in the property development sector.
KBI Properties is a wholly-owned subsidiary of Koperasi Belia Islam Malaysia Berhad and is principally involved in property development and construction-related activities.
The exchange of the MOU was signed by Encik Ahmad Harzimi Mohd Taib, Group Chief Executive Officer of ENCORP, and Encik Azman Mohd Salleh, Director of KBI Properties, and was witnessed by Dr. Wan Ahmad Rudirman Wan Razak, Member of the Board of Directors of ENCORP, Yang Berbahagia Dato' Romli Ishak, Chairman of KBI Properties, as well as the management and representatives of ENCORP and KBI Properties.
The MOU establishes a framework for cooperation between both parties to jointly explore and assess strategic development initiatives and projects of mutual benefit. Under the collaboration, ENCORP and KBI Properties will leverage their respective expertise, manpower, information and operational support to evaluate suitable opportunities that may contribute to the long-term growth of both organisations.
Chairman of ENCORP, Encik Mohd Yusmadi Mohd Yusoff commented, “This MOU reflects ENCORP’s continued commitment to expanding our strategic coalition and exploring value-accretive opportunities that complement our long-term growth plans. Through this collaboration with KBI Properties, we aim to identify potential developments and initiatives that can leverage the strengths, expertise and market reach of both parties.”
Encik Ahmad Harzimi Mohd Taib, Group Chief Executive Officer of ENCORP added, “As the domestic property market gradually improves amid a more supportive financing environment, ENCORP remains focused on broadening its development pipeline and strengthening partnerships that can enhance execution capabilities and future project visibility.”
Encik Nor Azlan Ismail, Chief Executive Officer of KBI Properties was confident with the cooperation and said that “A strategic business collaboration between KBI Properties and Encorp Berhad has the potential to create a significant impact on the overall business strategy and growth trajectory of KBI Properties. This strategic partnership is expected to enhance KBI Properties capabilities and strengthen its position in undertaking large-scale development projects, ultimately creating long-term value and sustainable benefits for both KBI Properties and ENCORP”.
The collaboration comes as ENCORP continues to advance several ongoing developments across Malaysia, including Tilia Shah Alam and the planned next phase of Lamanda Chuping, while also strengthening recurring income contribution from its investment property portfolio.
For more information, visit www.encorp.com.my.
SOURCE: Encorp Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
ENCORP
Tel: 03-62867634/ 0176840824
Email: umairah@encorp.com.my
KBI Properties
Tel: 03-41472142
Email: master.kbig@gmail.com
--BERNAMA
Collaboration Supports ENCORP’s Long-Term Growth Through Potential Strategic Developments
KUALA LUMPUR, May 13 (Bernama) -- Encorp Berhad (“ENCORP”) a property development group with diversified interests across construction, investment property and facilities management, has entered into a Memorandum of Understanding (“MOU”) with KBI Properties Sdn. Bhd. (“KBI Properties”) to explore strategic partnership opportunities and potential collaborations in the property development sector.
KBI Properties is a wholly-owned subsidiary of Koperasi Belia Islam Malaysia Berhad and is principally involved in property development and construction-related activities.
The exchange of the MOU was signed by Encik Ahmad Harzimi Mohd Taib, Group Chief Executive Officer of ENCORP, and Encik Azman Mohd Salleh, Director of KBI Properties, and was witnessed by Dr. Wan Ahmad Rudirman Wan Razak, Member of the Board of Directors of ENCORP, Yang Berbahagia Dato' Romli Ishak, Chairman of KBI Properties, as well as the management and representatives of ENCORP and KBI Properties.
The MOU establishes a framework for cooperation between both parties to jointly explore and assess strategic development initiatives and projects of mutual benefit. Under the collaboration, ENCORP and KBI Properties will leverage their respective expertise, manpower, information and operational support to evaluate suitable opportunities that may contribute to the long-term growth of both organisations.
Chairman of ENCORP, Encik Mohd Yusmadi Mohd Yusoff commented, “This MOU reflects ENCORP’s continued commitment to expanding our strategic coalition and exploring value-accretive opportunities that complement our long-term growth plans. Through this collaboration with KBI Properties, we aim to identify potential developments and initiatives that can leverage the strengths, expertise and market reach of both parties.”
Encik Ahmad Harzimi Mohd Taib, Group Chief Executive Officer of ENCORP added, “As the domestic property market gradually improves amid a more supportive financing environment, ENCORP remains focused on broadening its development pipeline and strengthening partnerships that can enhance execution capabilities and future project visibility.”
Encik Nor Azlan Ismail, Chief Executive Officer of KBI Properties was confident with the cooperation and said that “A strategic business collaboration between KBI Properties and Encorp Berhad has the potential to create a significant impact on the overall business strategy and growth trajectory of KBI Properties. This strategic partnership is expected to enhance KBI Properties capabilities and strengthen its position in undertaking large-scale development projects, ultimately creating long-term value and sustainable benefits for both KBI Properties and ENCORP”.
The collaboration comes as ENCORP continues to advance several ongoing developments across Malaysia, including Tilia Shah Alam and the planned next phase of Lamanda Chuping, while also strengthening recurring income contribution from its investment property portfolio.
For more information, visit www.encorp.com.my.
SOURCE: Encorp Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
ENCORP
Tel: 03-62867634/ 0176840824
Email: umairah@encorp.com.my
KBI Properties
Tel: 03-41472142
Email: master.kbig@gmail.com
--BERNAMA