KUALA LUMPUR: Mara Corp Group is undertaking investments involving carbon credit initiatives, high-value property development and future development projects worth RM2.2 billion as it targets a return to an accumulated profit position by 2027.
Mara director-general Datuk Zulfikri Osman said Mara is rolling out the RM2.2 billion in strategic investments aimed at strengthening its asset base, diversifying revenue streams and enhancing long-term portfolio resilience.
The investment pipeline includes high-value property developments in Signal Hill in Kota Kinabalu, Ampangan in Negeri Sembilan and Jalan Maktab in Kuala Lumpur, as well as a future development hub in Pulau Indah.
“These projects are expected to generate recurring income streams and improve asset utilisation, while positioning Mara to participate in higher-value segments of the property market.
“At the same time, Mara is expanding into new investment areas, particularly carbon credit initiatives, in line with global sustainability trends and Malaysia’s push towards a low-carbon economy,” he told a press conference in conjunction with Mara’s 60th anniversary yesterday.
Zulkifli said the investment push forms part of a broader corporate financial transformation that is already delivering measurable improvements in performance, supported by tighter governance, disciplined capital allocation and business turnaround initiatives.
“For the period of 2024 to 2025, Mara as a whole, through the subsidiaries of Mara, has recorded an increase in revenue by 10%, from RM1.53 billion in 2024 to RM1.69 billion in 2025,” he said.
He said Mara’s structure comprises both development and commercial entities, with five development companies that are not profit-driven and 12 commercial companies operating under Mara Corp.
“For the Mara Corp companies, the financial performance in 2025 shows that total revenue has increased to RM1.026 billion from RM917.26 million in 2024, while profit after tax stood at RM85.9 million,” he said.
Zulfikri added that the commercial segment has seen a significant turnaround over the past few years.
“For the Mara Corp commercial companies, compared to 2021, we recorded an increase of RM152 million, but in 2025, revenue reached RM1.026 billion, which means an increase of almost 10 times,” he said.
He noted that the improvement reflects a shift towards a more commercially driven operating model, supported by rationalisation efforts and new growth initiatives across the group.
Despite the stronger performance, he said Mara continues to address legacy financial challenges stemming from earlier phases of its development, when several subsidiaries were not structured as commercial entities.
Zulfikri said accumulated losses at Mara Corp stood at RM862.1 million in 2023 but have since been reduced to RM558.9 million by end-2025.
“We are now setting a strategy to reduce the accumulated losses through capital reduction and business turnaround initiatives. There are a lot of new initiatives that we are implementing to ensure progressive growth for Mara Corp,” he said.
The agency is targeting to reduce accumulated losses further to RM49.7 million by end-2026 before returning to an accumulated profit position in 2027.
Zulfikri said the turnaround strategy focuses on capital restructuring, improving operational efficiency and strengthening revenue-generating segments within Mara Corp.