Sunway Group is paying S$738.7 million (RM2.4 billion) deal to buy the Singaporean and Malaysian residential development business MCL Land from Hongkong Land Holdings.

Land & General Bhd (KL:L&G) plans to launch its maiden industrial park at its 2,500-acre Sungai Jernih Estate in Kerling, Hulu Selangor next year, with the development expected to span over a decade.

Noteworthy:

• Freehold
• Built-up size: 640 sq ft
• Floor location: Mid
• 1 bedroom, 1 bathroom
• Fully-furnished
• Nearby amenities:  Pavilion Kuala Lumpur, Suria KLCC, Petronas Twin Towers, Tung Shin Hospital and Prince Court Medical Centre, Bukit Bintang Plaza
• Accessibility: Jalan Pudu, Jalan Raja Chulan, Jalan Sultan Ismail, Jalan Imbi, Jalan Tun Razak, Federal Route 1, AKLEH, MRR2

When: May 2025

Malaysian Pacific Industries Bhd (KL:MPI) plans to acquire Infineon Technologies (Thailand) Ltd for US$77.95 million (RM327.56 million) to strengthen ties with its customer, Infineon Technologies AG.

Toh Puan Na’imah Abdul Khalid has hit back at the Malaysian Anti-Corruption Commission (MACC) for forcing Ilham Baru Sdn Bhd and Ilham Tower Sdn Bhd’s company secretary to hand over documents.

Property developer Magna Prima Bhd’s (KL:MAGNA) largest shareholders, Datuk Seri Bryan Wong Sze Chien and managing director Eddy Seah Ley Hong, have triggered a conditional mandatory takeover offer at 73 sen per share after their stake in the company rose to 35.73%.

Sime Darby Property Bhd has introduced a refreshed brand identity, reflecting its transition from a traditional property developer to a diversified real estate company, it announced today.

The Penang property market is showing signs of stabilisation after the post-pandemic rebound, with both transaction volume and value holding steady.

Eco World Development Group Bhd reported a net profit of RM101.17 million for the third quarter ended July 31, 2025, up 25.8% from RM80.44 million a year earlier, mainly driven by higher contributions from ongoing projects and land sales.

Developers must change how they approach bumiputera lot sales, shifting from a “compliance mindset” to genuine demand-matching if they want to clear stocks faster.