Founded in 1967 by Datuk Lai Siew Wah, Ireka started its business as Syarikat Lai Siew Wah, a sole proprietor undertaking general earthworks such as site-clearings and road works construction throughout Malaysia. Ireka Corporation Berhad was listed on the Second Board of Bursa Malaysia on 12 July 1993, and transferred to the Main Market on 13 June 2002. Today, the Group's current activities are divided into four core businesses:Construction, Real Estate, Technologies and Urban Transportation.