News by EDGEPROP.MY

Located within Desa Millennia, the development comprises 1,245-units within two 39-storey towers on a 5.66-acre site. 

The board said it believes these risks are manageable and outweighed by the operational and strategic benefits of the revised expansion plan.

The proposed disposal for the 3.41-hectare parcel in Taman Akasia, Semenyih, was first announced on Dec 5, 2025.

The ruling removes, for now, one legal proceeding involving the broader KSK Land/Damai City dispute.

Each property was sold for RM14 million.

This comprises a direct holding of 77.77 million shares (24.11%) and an indirect holding of 63.88 million shares (19.80%).

OIB said the acquisition would broaden its earnings base beyond its existing businesses in property development, construction, hospitality and oil palm cultivation.

SkyWorld Development Bhd has established its first permanent overseas presence with the opening of a sales gallery and office in Ho Chi Minh City, Vietnam.

Matrix Concepts Holdings Bhd recorded a 19.4% increase in revenue to RM1.37 billion for the financial year ended March 31, 2026 (FY2026), supported by higher property-development contributions and new revenue from its acquisition of Selangor-based Horizon Group.

Infoline Tec Group Bhd is seeking shareholder approval to acquire two adjoining three-storey semi-detached factory buildings in Kota Damansara, Selangor, for RM18.58 million in cash as its new corporate headquarters, while also proposing to establish an employee share option scheme (Esos) of up to 10% of its issued share capital.