News by edgeprop.my

PRG Holdings Bhd said its board has terminated a proposed debt settlement involving a related-party transaction and has initiated the process of appointing an independent reviewer, according to a media statement released via Bursa Malaysia yesterday.

SkyWorld Development Bhd secured a World Silver Award at the 2026 FIABCI World Prix d'Excellence Awards in Vienna, Austria last week, with the recognition going to its SkyAwani 5 Residences project in the Affordable Housing category.

Bukit Jalil Sentral Property Sdn Bhd (BJSP), a wholly owned subsidiary of MRCB Land Sdn Bhd, which in turn is wholly owned by Malaysian Resources Corporation Bhd (MRCB), has signed a collaboration agreement with Perintis Akal Sdn Bhd (PASB) to develop an AI-ready data centre facility in Bukit Jalil with an estimated gross development cost of RM2.1 billion.

Paramount Corp Bhd's wholly owned subsidiary Meridian Kuasa Sdn Bhd has completed the acquisition of a 14,974 sq m (approximately 3.7 acres) freehold commercial plot off Jalan Ampang, Kuala Lumpur, after settling the balance purchase price of RM232.1 million on June 16, 2026.

Seremban and the wider Nilai corridor in Negeri Sembilan are increasingly being framed within a broader “conurbation of connectivity” narrative, where urbanisation is no longer defined by isolated city boundaries but by interconnected infrastructure, industrial clustering, and long-term regional integration.

Beshom Holdings Bhd's wholly owned subsidiary Hai-O Enterprise Bhd has entered into a sale and purchase agreement (SPA) to dispose of three parcels of freehold industrial land in Klang, Selangor for RM85.80 million in cash.

UEM Sunrise Bhd has secured an institutional investor for its A$315.4 million (approximately RM903.3 million) build-to-rent development in Collingwood, Melbourne, formalising a partnership with Australian living-sector specialist Kio Investment Management (Kio) at a signing ceremony in Melbourne earlier today.

Gabungan AQRS Bhd has executed a new joint venture agreement (JVA) with landowner Rising Charm Sdn Bhd to supersede the original December 2025 agreement for an integrated commercial development in Bangi, Selangor, with the key revision restructuring how and when the landowner receives its unit entitlement from the project.

Hextar Technologies Solutions Bhd (HexTech) and Widad Group Bhd have permanently terminated their proposed disposal of vacant freehold industrial land in Nilai, Negeri Sembilan, with both parties releasing each other from all further obligations — and this time with no stated intention to renegotiate.

Around midday, the commercial streets along Jalan Wangsa Delima move at a steady pace. Rows of old shoplots line the road, while high-rise apartments and condominiums rise behind them, reflecting the residential density that defines much of Wangsa Maju.