News by M

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.

CapitaLand Malaysia Trust (KL:CLMT) reported a 12.5% year-on-year increase in its second-quarter net property income (NPI), driven by stronger performance across its existing properties, coupled with lower property expenses.

Former PRG Holdings Bhd (KL:PRG) group managing director and executive vice-chairman Lua Choon Hann has urged the group's two largest shareholders, Datuk Ng Yan Cheng and Datuk Sheah Kok Fah, to put aside their differences, warning that their prolonged dispute could jeopardise the company's future.

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.

Beverly Group plans to develop a RM1.1 billion luxury serviced apartment project on a freehold site within the Tun Razak Exchange (TRX), marking its expansion into Kuala Lumpur’s high-end urban residential market.

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.