Billionaire investor Tan Sri Chua Ma Yu’s family office is one of the first to benefit from Malaysia’s new 0% tax incentive for single-family offices (SFOs) set up in Forest City, part of the Johor-Singapore Special Economic Zone (SEZ).
Property developer HCK Capital Group Bhd (KL:HCK) said it has lodged the necessary documents with the Securities Commission Malaysia (SC) to establish a sukuk wakalah programme of up to RM2 billion in value.
Vizione Holdings Bhd (KL:VIZIONE) said on Wednesday that a RM750 million construction contract awarded by a related party has been terminated, effective immediately.
Noteworthy:
When: January 2025
Eco World International (EWI) is proposing a New Strategic Business Direction from FY2025 onwards which will involve expanding its geographical scope of operations to broaden its revenue base and accelerate income generation.
Malton Bhd (KL:MALTON) has officially launched Park Green Pavilion Bukit Jalil, a high-rise serviced residence development marking the final phase of its Bukit Jalil City township.
Sunway Malls has announced the upcoming opening of its 10th mall in the country, Sunway Square Mall, scheduled for September 2025.
Property developer EcoFirst Consolidated Bhd (KL:ECOFIRS) swung to a net profit in the third quarter ended Feb 28, 2025 (3QFY2025), driven by stronger progress in its KL-48 project, which lifted revenue.
Johor-based property developer Country View Bhd declared a 20 sen dividend on Tuesday after a ninefold rise in first quarter net profit due mainly to the sale of three pieces of commercial land in Taman Nusa Sentral, Iskandar Puteri.
Noteworthy:
When: September 2024
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