Lee Kim Yew's deemed stake in Country Heights rises to 43.91% after off-market share acquisition
This comprises a direct holding of 77.77 million shares (24.11%) and an indirect holding of 63.88 million shares (19.80%).
Oriental Interest to acquire motorcycle financing and retail businesses in RM280m related-party deal
OIB said the acquisition would broaden its earnings base beyond its existing businesses in property development, construction, hospitality and oil palm cultivation.
Matrix Concepts’ FY2026 revenue rises 19.4% to RM1.37 bil, launches RM1.99 bil of projects
Matrix Concepts Holdings Bhd recorded a 19.4% increase in revenue to RM1.37 billion for the financial year ended March 31, 2026 (FY2026), supported by higher property-development contributions and new revenue from its acquisition of Selangor-based Horizon Group.
Government cloud backbone becomes critical infrastructure for Malaysia’s smart-city and planning push
This comes as the Cloud Framework Agreement (CFA 1.0) involving AwanBiru Technology Bhd (Awantec), Google Cloud Malaysia Sdn Bhd and Awantec Systems Sdn Bhd has been extended to June 2027.
Sime Darby Property ordered to refund RM36.23 mil excess land acquisition compensation
The court also ordered SDP Klang to pay interest on the judgment sum at 5% per annum from Monday (July 20) until full payment is made.
IJM confirms exploration of potential construction business IPO
“The Company wishes to clarify that it is currently exploring the feasibility of a potential listing of its construction business,” IJM said.
ECM Libra secures up to RM130m banking facilities for Desaru beachfront hotel
The project will be developed on a parcel of leasehold commercial land owned by DB2SB in Mukim Pantai Timur, Kota Tinggi, Johor.
PRG unit seeks to wind up Picasso Residence developer over RM64.24m debt, faces separate subcontractor petition
The RM64.24 million claim relates to contractual sums for works awarded to and completed by PCI, which were certified by the project architect.
MUI Properties to dispose of Springhill industrial land for RM18.73m
The land has an audited net book value of RM4.36 million as at June 30, 2025, while its original acquisition cost in 1995 was RM497,902.
Sunway-led JV wins RM6.74 bil Bayshore Drive mixed-use site in Singapore
Sunway Bhd said its 30%-owned joint ventures have secured a parcel of land at Bayshore Drive, Singapore, for S$2.128 billion (approximately RM6.74 billion) under a 99-year lease, following a successful tender under Singapore’s Government Land Sales (GLS) programme.
