News by M

Berjaya Corp Bhd has disposed of shares in two of its listed subsidiaries — Berjaya Property Bhd and Sports Toto Bhd — to its founder and major shareholder Tan Sri Vincent Tan Chee Yioun (TSVT) via direct business transactions, raising a combined RM18.76 million for working capital.

EWI Capital Bhd's investee fund has completed the acquisition of its first asset — a prime Melbourne office tower — marking a significant milestone in the Malaysian developer-turned-investment-holding company's strategic pivot towards recurring income-generating real estate.

The Madani government's proposal to establish an Ombudsman through a new Ombudsman Act has been welcomed broadly as an administrative reform. 

Imperio Group has opened The Tenz Emporium in Alor Setar, with Cold Storage — operated by GCH Retail (Malaysia) Sdn Bhd — as its anchor tenant and the premium grocer's first outlet in Kedah, signalling growing retailer interest in secondary cities beyond the Klang Valley and Penang.

Mudajaya Group Bhd (KL:MUDAJYA) said a lawsuit it had initiated over properties it was promised as payments for construction work on a mixed-development project in Kuala Lumpur will go back to the High Court for a full trial.

Paramount Corporation Bhd (KL:PARAMON) said it has so far issued RM190 million under its RM500 million perpetual securities programme.

EdgeProp has collaborated with PropNex Malaysia, one of the nation's fastest-growing real estate agency networks, to produce the Malaysia Property Market Overview 1Q2026

118 Mall is on track to open this August, introducing a new retail and lifestyle destination at the base of Merdeka 118, the world’s second tallest building.

Tropicana Corp Bhd has completed the structural framework of SouthPlace 2 Shoppes & Residences at its 88-acre Tropicana Metropark township in Subang Jaya, marking the occasion with a topping-off ceremony yesterday. 

SkyWorld Development Bhd has formalised a strategic collaboration with  Malaysian government agency Majlis Amanah Rakyat (MARA) through the exchange of a memorandum of understanding (MOU) at the MARA Synergy Summit: Sustainability as the Nation’s Growth Engine, held in conjunction with MARA’s 60th anniversary at the World Trade Centre Kuala Lumpur.