News by M

Malaysia has quietly cemented its position as the second-largest developing-economy recipient of digital foreign direct investment (FDI) globally, trailing only India — a milestone that carries significant implications for Grade A office demand, industrial land values and data centre real estate across the country's three primary digital investment hubs.

Maxim Global Bhd (KL:MAXIM) has received a mandatory takeover offer of 24 sen per share from its managing director Tan Sri Gan Seong Liam.

Home-grown designer toy company Milolo Bhd aims to open five retail outlets in Peninsular Malaysia over the next two years.

The Sinar Lestari programme under the Malaysian Islamic Economic Development Foundation (YAPEIM) continues to have a positive impact on those in need, with a total of 268 houses built nationwide to date.

Lagenda Properties Bhd, one of Malaysia's leading affordable housing and integrated township developers, delivered a historic operating performance for the financial year ended Dec 31, 2025 (FY2025), surpassing the RM1 billion revenue mark for the first time while recording its highest-ever annual confirmed sales.

Ng Chan Mau & Co (NCM Co) together with Owner Auction and Lapan Art Auction, has launched Jelajah Harta Tanah Malaysia 2026, the latest edition of its Auction Carnival series, drawing more than 400 registered bidders and participation from 14 financial institutions at the inaugural event.

Iskandar Waterfront City Bhd (IWCity), one of Eastern Johor Bahru's largest waterfront landowners with a freehold-dominant landbank straddling the Johor-Singapore Special Economic Zone (JS-SEZ) corridor, has filed its annual report and corporate governance report for the financial year ended Dec 31, 2025 (FY2025) with Bursa Malaysia.

Chin Hin Group Property Bhd (CHGP) has terminated its RM1.15 billion gross development value (GDV) residential project in Taman Connaught, Cheras, after conditions precedent relating to the requisite development approval were not fulfilled within the stipulated approval period.

Ahmad Zaki Resources Bhd (AZRB) posted a loss before tax (LBT) of RM49.7 million for the 18-month financial period ended Dec 31, 2025 (Financial Period Ended 2025).

Negeri Sembilan-based property developer GD Properties on Thursday officially launched KL360, a mixed-use development with a gross development value (GDV) of RM1.37 billion. The project was previously an abandoned development called M101 Skywheel.