Zelan's proposed scheme of arrangement receives 100% creditor approval at court-convened meeting
The PN17-classified company has been navigating a formal debt restructuring process since late 2025.
The PN17-classified company has been navigating a formal debt restructuring process since late 2025.
In addition, RJSB fully settled the shareholder advances amounting to RM69,214,977 for and on behalf of BJSP on the same date.
A1 A.K. Koh Group Bhd's wholly-owned subsidiary A.K. Koh Enterprise Sdn Bhd (AKK Enterprise) has entered into a sale and purchase agreement (SPA) to acquire a parcel of 99-year leasehold land in Pekan Puchong Jaya, Daerah Petaling, Selangor for RM16,728,740, to be satisfied entirely in cash.
UOA Development Bhd (UOA Development) has mutually terminated a shareholders' agreement entered into with Care Concierge Care Centre Sdn Bhd (CCCC) for a managed care services venture at its Komune Living and Wellness Centre commercial building in Cheras, with effect from last Friday (April 17).
IOI Properties Group Bhd (IOI Properties) last Friday announced that it will acquire CapitaLand Integrated Commercial Trust’s (CICT) 100% interest in Asia Square Tower 2 (AST2), a premium Grade A office asset located in the heart of Singapore’s Marina Bay financial district, for an agreed property value of S$2.476 billion (RM7.71 billion).
Newer, smarter and more efficient developments have entered the market, gradually resetting expectations — from tenant requirements to building design and performance standards.
Exsim Hospitality Bhd's (EHB) wholly-owned subsidiary Exsim Concepto Sdn Bhd (ECSB) has accepted a letter of award from Binastra Builders Sdn Bhd (BBSB) for nominated sub-contract works valued at RM138 million.
WTEC Group Bhd's wholly-owned subsidiary WTEC Sdn Bhd has entered into a letter of offer to purchase a detached factory with office in Bandar Rinching, Semenyih, Selangor for a total consideration of RM10.80 million cash.
Sunway Construction Group Bhd (SunCon) has secured a RM1.75 billion contract to construct a hyperscale data centre in Bandar Serendah, Selangor, awarded by an international hyperscaler.
TSiC Bhd's wholly-owned subsidiary BPE Synergy Engineering Sdn Bhd has secured a further extension to complete its proposed acquisition of two parcels of industrial land in Taman Perindustrian Bukit Rambai, Melaka, for a total cash consideration of RM1.35 million.