Ekovest’s RM450m merger deal with Knusford lapse after third deadline extension expires
“The company wishes to announce that the heads of the merger agreement has lapsed on July 27, 2025 [Sunday],”
“The company wishes to announce that the heads of the merger agreement has lapsed on July 27, 2025 [Sunday],”
The contract, initially awarded in October 2024, pertained to Phase 1B of Sabah’s Pan Borneo Highway,
For example, why were some units—bought at RM800 psf between 2021 and 2022—later auctioned off at RM420–550 psf in 2025?
Housing and Local Government Minister Nga Kor Ming recently revealed that the ministry is exploring a pay-per-use model for facilities in future affordable housing schemes.
The government will maintain the annual revenue threshold for the expanded sales and services tax (SST) on construction services at RM1.5 million, despite industry calls to raise it to RM3 million.
Ekovest Bhd (KL:EKOVEST) and its major shareholder Tan Sri Lim Kang Hoo have mutually agreed to an extension to Aug 29 to finalise the proposed RM1.15 billion acquisition of Credence Resources Sdn Bhd (CRSB).
Ecobuilt Holdings Bhd (KL:ECOHLDS) has secured a RM34.65 million contract to undertake the main building works for a high-rise serviced apartment project in Shah Alam, Selangor.
Majestic Gen has unveiled Majestic Aman, a freehold residential and commercial development comprising 73 double-storey terrace homes and 23 shop offices in Taman Sungai Dua Utama on Penang's mainland.
Sime Darby Property Bhd (KL:SIMEPROP) (SDP) has reported 85% committed occupancy for the Kuala Lumpur Golf & Country Club (KLGCC) Mall as of July 2025 ahead of the mall’s upcoming opening in October.
The National House Buyers Association (HBA) is deeply concerned that the idea of a Housing Completion Guarantee Corporation (HCGS) should even be mooted at all, because it effectively means the loss from abandonments caused by runaway developers is to be incurred by the government from the coffers aka tax payers’ monies.
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