Stella Holdings Berhad (“Stella” or “the Company”) is an investment holding company listed on the Main Market of Bursa Malaysia Securities Berhad on 17 November 1998.
The principal activities of Stella and its subsidiaries (“the Group”) can be segregated into construction, property development, oil & gas support services and healthcare services.
The Group’s construction arm, Mewah Kota Sdn Bhd was established as a construction company 39 years ago and was involved in small and medium sized contracts for building of schools, houses, water treatment plants, pipe laying, security fencing and piling works. From then on, the Group gradually progressed to establish itself as a reliable contractor capable of undertaking bigger and more complex engineering and infrastructure projects nationwide. It has achieved good records in terms of quality and timely completion of works undertaken, all of which attributed to its recognition as a reputable contractor and project manager.
In 2019, Stella obtained its shareholders’ approval to expand its business into property development which will complement its existing businesses of construction. Its property arm, Paramount Ventures Sdn Bhd has been restructured to undertake property development activities for the Group and has since entered into a few joint ventures for residential and mix development projects in Port Dickson, Kuantan and Kuala Selangor.
Oil & Gas Support Services
In 2013, Stella acquired Iris Synergy Sdn Bhd, a company providing support services to the oil and gas sector. Its core business is to provide solution to all water related systems in the said sector including petrochemical plant and oil rigs.
Through a joint venture cum shareholder agreement entered in 2020, Stella has ventured into healthcare services. Stella Kasih Healthcare Sdn Bhd, a 60%-owned subsidiary of Stella will be operating and managing a women and children medical centre in Putrajaya which is expected to start operation in the third quarter of 2021.