I-BERHAD

I-BERHAD stands as one of Malaysia’s most visionary urban developers — a company that does not merely build properties, but imagines entire digital cities.

From its base in Shah Alam, the Group has evolved into a creator of integrated ecosystems where technology, lifestyle, and infrastructure converge, positioning itself at the forefront of Malaysia’s smart city movement.

Its journey reflects a powerful truth — that the future of cities is not built in layers, but designed as systems.

Founder:

Tan Sri Lim Kim Hong

Current Leadership:

Executive Chairman: Tan Sri Lim Kim Hong

Chief Executive Officer: Siew Thuan Tey

The leadership continues to drive the Group with a vision centred on digital urbanisation, integrated ecosystems, and long-term city-building innovation.

Some companies build buildings — I-BERHAD builds cities of possibility.

In 1967, the company began as Sanyo Industries (Malaysia) Sdn. Bhd., focusing on manufacturing electrical and electronic appliances. For decades, it operated within the industrial sector, grounded in production and distribution.

The turning point came in 1999, when Tan Sri Lim Kim Hong took control and redefined its direction. What followed was not a gradual shift, but a bold transformation.

By 2005, the company pivoted into property development, launching its flagship project i-City, a freehold development envisioned as Malaysia’s first “Digital City.”

This was not simply a township, but an ultrapolis where data centres, residences, leisure parks, and business ecosystems coexist within a unified digital infrastructure.

From manufacturing goods to engineering environments, its journey reflects a powerful truth — that reinvention is the foundation of relevance.

Core Activities include:

• Integrated property development and township planning

• Property investment and asset management

• Leisure and tourism operations including theme parks and attractions

• Smart city and digital infrastructure integration

The Group’s operational model focuses on creating integrated urban ecosystems that combine residential, commercial, leisure, and digital infrastructure components. By linking property development with recurring income assets and technology-enabled city planning, I-BERHAD positions itself as both a real estate developer and a long-term smart city operator.

Notable Offerings Include:

• i-City Ultrapolis as flagship smart city development in Shah Alam

• Central i-City shopping mall and commercial ecosystem

• Leisure Park at i-City as tourism and entertainment hub

• 8 Kia Peng premium serviced residence near Kuala Lumpur city centre

These developments have enabled I-BERHAD to build a distinctive identity in Malaysia’s property sector, where real estate is shaped not only around buildings, but around lifestyle, technology, tourism, and long-term urban value creation.

1967 – Establishment as Sanyo Industries (Malaysia) Sdn. Bhd.

1969 – Listing on Kuala Lumpur Stock Exchange

1999 – Renamed to I-BERHAD under new leadership

2005 – Strategic shift into property development and launch of i-City

2008 – i-City awarded MSC Cybercentre status

2009 – Recognition as tourism destination and international park

2020s – Expansion into smart city, artificial intelligence, and digital infrastructure initiatives

I-BERHAD has pioneered the concept of digital city development in Malaysia, helping to advance the country’s understanding of integrated smart township planning.

Through i-City, the Group has bridged real estate development with technology, tourism, retail, and data ecosystems, creating a model where property functions as part of a broader connected urban environment.

Its work has also helped position Shah Alam as a hub for digital and lifestyle urban innovation, demonstrating how city-building can evolve beyond conventional residential and commercial development.

Some companies develop land — I-BERHAD develops the idea of the future city.

From factory floors to digital skylines, its legacy is not defined only by what it builds, but by what it reimagines.

Its journey stands as a testament that the most powerful developments are those that anticipate how people will live tomorrow.