News by M

Genting Malaysia Bhd (KL:GENM) is going to gain full control of loss-making Empire Resorts Inc in a US$41 million (RM177 million) deal from the Lim family's Kien Huat Realty III Ltd, by acquiring the remaining 51% stake in Genting Empire Resorts LLC (GERL) that it does not own. It currently holds 49% interest in GERL, which owns Empire Resorts.

TCS Group Holdings Bhd (KL:TCS) said the group has received the Kuala Lumpur City Hall's (DBKL) nod to resume construction works for the J Satine mixed development project in Wangsa Maju.

It was recently reported that the Housing and Local Government Ministry (KPKT) has blacklisted 109 “errant developers” and their boards of directors.

Sentoria Group Bhd (KL:SNTORIA) is at risk of a trading suspension after failing to submit its 2024 annual report by the April 30, 2025 deadline. 

UDA Holdings Bhd has appointed real estate veteran Johari Shukri Jamil as its new president and chief executive officer effective immediately.

Shares of Eco World International Bhd’s (KL:EWINT) rose on Friday to its highest in two months following a planned pivot from foreign markets to the Malaysian market.

Battersea Power Station is to bring forward a new phase of residential, retail, community and leisure development having secured detailed planning approval from Wandsworth Council, completing Electric Boulevard, London’s newest high street.

Billionaire investor Tan Sri Chua Ma Yu’s family office is one of the first to benefit from Malaysia’s new 0% tax incentive for single-family offices (SFOs) set up in Forest City, part of the Johor-Singapore Special Economic Zone (SEZ).

Property developer HCK Capital Group Bhd (KL:HCK) said it has lodged the necessary documents with the Securities Commission Malaysia (SC) to establish a sukuk wakalah programme of up to RM2 billion in value.

Vizione Holdings Bhd (KL:VIZIONE) said on Wednesday that a RM750 million construction contract awarded by a related party has been terminated, effective immediately.