TRC Synergy Bhd’s wholly-owned subsidiary TRC Construction Sdn Bhd has accepted a RM149.98 million subcontract from Gamuda Engineering Sdn Bhd for underground services works for a hyperscale data centre.
Whitmore Holdings Sdn Bhd has acquired more shares in MKH Bhd and MKH Oil Palm (East Kalimantan) Bhd (MKHOP), a day after MKHOP’s independent adviser recommended that shareholders reject Whitmore’s takeover offer.
Paramount Corp Bhd said six land sale and purchase agreements (SPAs) it has signed carry a combined potential gross development value (GDV) of RM4 billion, as the property developer pursues landbank replenishment while taking a more measured approach to the timing of new launches.
QES Group Bhd’s Singapore unit has agreed to acquire two freehold Clean Industrial (B1) units at Space Nova for S$5.47 million (RM17.49 million) to support its expansion in Singapore.
Kwasa Damansara is planned to have 27,335 residential units, including 11,200 affordable homes, as the 2,255-acre township enters its next phase of development.
The campaign, which ran from Oct 29, 2025 to March 31, 2026, involved 28 participating developments nationwide.
Phase 1 comprises 280 solar-equipped industrial units and has achieved a take-up rate of close to 90%.
Prestige Collection 1 comprises ready-built semidee factories spanning 5,040 sq ft.
Plytec said the proposed acquisition would support its longer-term expansion and future operational requirements, with the site located near its existing facility and manufacturing plant.
The offer price is RM2.31, or 53.6%, below its estimated value of RM4.31 per MKH share based on a sum-of-parts valuation. MKH’s unaudited net assets stood at RM3.27 per share as at June 30.
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