News by EdgeProp

YNH Property Bhd (YNHP) has provided additional disclosures on its RM455 million disposal of a freehold commercial development parcel along Jalan Sultan Ismail in Kuala Lumpur, including details on the property’s valuation, audited net book value, estimated gain on disposal and key terms of the redeemable preference shares (RPS) forming part of the consideration.

Lim Seong Hai Capital Bhd (LSH Capital) has entered into a conditional sale and development agreement (SDA) with Railway Assets Corporation (RAC) to acquire two parcels of freehold land measuring approximately 17.4 acres in Pekan Country Height, Daerah Petaling, Selangor for RM197.9 million in cash.

Citaglobal Bhd has extended by one month the deadline to fulfil the conditions precedent for its proposed acquisitions of 70% stakes in Zeqna Corp Sdn Bhd and Koridor Mentari Sdn Bhd.

Berjaya Property Bhd (BProperty) has provided further details on its proposed joint venture (JV) to undertake the automotive tyre manufacturing business in Malaysia, including the breakdown of the estimated RM1.30 billion funding requirement for establishing the manufacturing plant.

Talam Transform Bhd’s shareholders have rejected all 14 ordinary resolutions tabled at an extraordinary general meeting (EGM) held at Kuala Lumpur Golf & Country Club yesterday, blocking all proposed board changes.

Sime Darby Property Bhd and ESR have expanded E-Metro Logistics Park in Bandar Bukit Raja, Klang, with the completion of Metrohub 4 and the commencement of construction on Metrohub 3, adding more than 2.2 million sq ft of Grade-A warehouse space in Selangor.

KL City Gateway has appointed Maple Hospitality Group as the hospitality and short-term rental management partner for Sutera Suites, the inaugural development within the KL City Gateway masterplan in Kuala Lumpur.

Ajinomoto (Malaysia) Bhd’s proposed RM20 per share privatisation plan in a recent Bursa Malaysia filing has drawn attention to a transformation that began years before the offer itself.

Titijaya Land Bhd has disclosed that its wholly-owned moneylending subsidiary, Titijaya Capital Sdn Bhd, had outstanding loans of RM2.28 million as at June 30, 2026, all of which comprised unsecured loans to individual borrowers.

Lim Seong Hai Capital Bhd (LSH Capital) said Perbadanan Aset Keretapi (RAC) had agreed to a further extension of time until July 15, 2026 for the signing of the agreement relating to the proposed development of two parcels of land in Selangor.