News by theedgemalaysia.com

Majuperak Holdings Bhd (KL:MJPERAK) has launched Taman Tasik Ardea, a RM141 million residential development in Sungai Terap, Batu Gajah, offering 601 affordable homes across three phases.

Newly listed West River Bhd (KL:WESTRVR) is currently bidding for a data centre-related project in Johor, and is also keen to have a foothold in hotel development.

Sunway Real Estate Investment Trust (KL:SUNREIT), partially owned by Sunway Bhd (KL:SUNWAY), announced the sale of Sunway University and college campus to Sunway Education Group’s Sunway College (KL) Sdn Bhd for RM613 million in cash.

Jiankun International Bhd (KL:JIANKUN) is taking legal action against two directors of a property developer for failing to complete the share transfer under a RM9.5 million acquisition deal.

CIMB Group Holdings Bhd's (KL:CIMB) wholly owned CIMB Bank Bhd will buy 16 properties that it is currently leasing from the Employees Provident Fund Board (EPF) for RM209.81 million, cash.

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.

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.