News by M

Sarawak Consolidated Industries Bhd (KL:SCIB) has denied allegations by Awana JV Suria Saga Sdn Bhd (Awana), the developer of the previously scrapped RM162 million Perak housing project, regarding outstanding debts and demanded the latter to settle the debt promptly.

Property developer Symphony Life Bhd (KL:SYMLIFE) has emerged as the largest shareholder of Vizione Holdings Bhd (KL:VIZIONE) with a 25.88% stake, after subscribing to the entire private placement by Vizione.

Bina Puri Holdings Bhd (KL:BPURI) said the company does not expect “any significant financial and operational impact” from the RM28.17 million lawsuit by Wisma Majujaya Sdn Bhd in relation to a joint venture agreement (JVA) to develop a project in Johor.

Johor-based property developer Crescendo Corp Bhd (KL:CRESNDO) is selling a 22.55-acre piece of land in Pulai, Johor, to Microsoft for RM119.83 million, marking its third land deal since with the global tech giant.

Sime Darby Property has earned the prestigious Platinum Award in the ‘Property Development’ category at the 2024 Putra Brand Awards, the third consecutive year the company year the company has clinched the title.

YNH Property Bhd (KL:YNHPROP) announced on Monday that the independent review of its joint venture (JV) and turnkey contracts, conducted by Messrs UHY, is expected to be completed and issued by Feb 15, 2025.

Eco World Development Group Bhd (EcoWorld) launched a new lifestyle and dining hub, TUAH 1895, at the site of its former Bukit Bintang City Centre (BBCC) sales gallery last Friday (Jan 24).

Kenanga Research said Genting Plantations Bhd's (KL:GENP) proposed disposal of its Melaka land is accretive in nature and outweighs the loss of crude palm oil (CPO) income from the estate.

Scientex Bhd has made significant progress towards its goal of delivering 50,000 affordable housing units by 2027.

Homegrown co-working space provider INFINITY8 is set to launch a flagship location at the Tun Razak Exchange (TRX) in the second quarter of 2025.