KUALA LUMPUR: ETA Group Bhd, formerly Rex Industry Bhd
, plans to diversify into property development, property investment and construction-related activities as it seeks to reduce reliance on its loss-making food and beverage business.
In a filing with Bursa Malaysia, the group said it has incorporated three new subsidiaries to undertake the new segment, namely ETA Development Sdn Bhd, ETA Design & Build Sdn Bhd and ETA Trading Sdn Bhd.
ETA Trading has already begun operations, securing purchase orders of about RM10mil a month from October to December 2025 to supply steel bars for industrial construction projects in Selangor, with a similar run-rate expected in 2026 subject to demand.
The group said it completed the disposal of two loss-making subsidiaries in December 2025, leaving PT Rex Canning in Indonesia as its remaining F&B operation.
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