News by EDGEPROP.MY

Datuk Seri Chiau Beng Teik, JP, the founder of Chin Hin Group, is stepping down as non‑independent non‑executive chairman across several Chin Hin‑linked listed companies effective July 1, 2026.

TAFI Industries Bhd’s disposal of its freehold industrial property in Bukit Pasir, Muar, Johor has progressed following confirmation that all conditions precedent under the sale and purchase agreement (SPA) have been fulfilled.

YLI Holdings Bhd is entering the property development space via a proposed joint development in Bandar Puncak Alam, Selangor, structured as a non‑related party transaction under Chapter 10 of the Main Market Listing Requirements.

Property developer Matrix Concepts Holdings Bhd launched its Matrix 30A HOME Rush Campaign as part of its 30th anniversary celebrations in Seremban today.

Crescendo Corp Bhd has reported a sharp jump in earnings for its first quarter ended April 30, 2026 (1QFY2027), as the recognition of a data centre land sale at Bandar Cemerlang Industrial Park (BCIP), Johor, drove revenue and profit before tax sharply higher year-on-year.

Bina Puri Holdings Bhd (BPHB) has obtained an “approval in principle” (AIP) from its participating lenders on the terms of its proposed restructuring scheme mediated by Bank Negara Malaysia’s Corporate Debt Restructuring Committee (CDRC), marking a key procedural step in its debt workout process.

TWL Holdings Bhd (TWL) yesterday brought three long-running joint venture agreements (JVAs) in Klang to a formal close, mutually terminating its residential and commercial development tie-ups with Greatprop Development Sdn Bhd, Elitprop Sdn Bhd and Pentas Irama Sdn Bhd.

Ajiya Bhd has outlined how it intends to use the proceeds from its disposal of shares in Tanco Holdings Bhd, saying the bulk will be redeployed into other quoted investments, with a small allocation for administrative expenses.

The Real Estate and Housing Developers’ Association (Rehda) Malaysia has elected Datuk Zaini Yusoff of S P Setia Bhd as its new president for the 2026–2028 term, following the conclusion of Datuk Ho Hon Sang’s two-year tenure at the helm.

Eco World Development Group Bhd and SD Guthrie Bhd have announced completion updates relating to the acquisition by Eco Business Park 8 Sdn Bhd (EBP8) of approximately 935.241 acres of freehold land in Mukim Kulai, Johor, and SD Guthrie’s disposal of the land to EBP8.