Radium completes RM45m Ampang land acquisition

Radium completes RM45m Ampang land acquisition

news

Updated:
  • Radium Development Bhd has completed its RM45 million land acquisition in Bandar Ampang, Selangor.
  • The sale became unconditional on July 23, 2025, with full payment made on Feb 13, 2026.
  • Vacant possession was delivered on Jan 31, 2026, after extensions were granted without penalties.
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EPF lifts stake in KLCC Stapled Group to 10.95%

EPF lifts stake in KLCC Stapled Group to 10.95%

news

Updated:
  • The EPF has increased its interest in the KLCC Stapled Group by acquiring additional securities.
  • EPF now holds 197,693,975 stapled securities, a 10.951% stake.
  • This acquisition was disclosed on Feb 19, following a notice dated Feb 13.
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EPF raises stake in IOI Properties; group CEO Lee buys 10.7m shares

EPF raises stake in IOI Properties; group CEO Lee buys 10.7m shares

news

Updated:
  • EPF increased its stake in IOI Properties by acquiring 1,269,200 shares on Feb 12, 2026.
  • CEO Datuk Lee Yeow Seng disclosed that he had acquired 10,690,300 ordinary shares on Feb 16, 2026.
  • The disclosures fall under the reporting requirements for changes in the interests of substantial shareholders
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URA Bill misstep highlights greater professionalism needed from ministers, civil servants

URA Bill misstep highlights greater professionalism needed from ministers, civil servants

indepth

Updated:
  • On January 23, the Madani Cabinet withdrew the Urban Renewal Bill for comprehensive revisions.
  • This decision followed criticism from various stakeholders regarding serious structural flaws in the Bill.
  • Episode highlights the need for civil servants to give rigorous legal advice and ensure legislative integrity.
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SPNB to build 6,545 Rumah Mesra Rakyat units nationwide in 2026

SPNB to build 6,545 Rumah Mesra Rakyat units nationwide in 2026

news

Updated:
  • SPNB will build 6,545 Rumah Mesra Rakyat units in 2026 to enhance affordable housing access.
  • It will be implemented in phases, starting with 1,623 completed units and 2,300 units beginning next week.
  • Eligible applicants can apply through SPNB’s website to receive financial support for home construction.
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Sunway discloses institutional dealings during ongoing takeover offer

Sunway discloses institutional dealings during ongoing takeover offer

news

Updated:
  • Sunway Bhd reported share dealings by institutional parties during its takeover offer period.
  • The transactions involved the Employees Provident Fund Board, Malayan Banking Bhd, and UBS AG.
  • This announcement serves as a regulatory update and does not alter the offer terms.
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Pavilion REIT issues 3.12 million units for part payment of management fees

Pavilion REIT issues 3.12 million units for part payment of management fees

news

Updated:
  • Pavilion REIT will issue 3.12 million new units to settle management fees for 2H2025.
  • The units will be priced at RM1.9236 each, based on the average price prior to the announcement.
  • This issuance will increase total units to 3,927,958,409, with listing set for Feb 20, 2026.
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Seal hands over control of 31.5-acre Penang reclamation project to property developer GSD Land

Seal hands over control of 31.5-acre Penang reclamation project to property developer GSD Land

news

Updated:
  • Seal Inc Bhd is transferring control of its Penang reclamation project to Titanium Greenview Sdn Bhd.
  • This partnership reduces Seal's financial risk while retaining a 17.66% stake in Mutiara Waterfronts.
  • The collaboration aims to revive the project and is expected to be effective by the second quarter of 2026.
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Johan Holdings’ unit to sell Lumut hotel and adjoining land for RM47.4m

Johan Holdings’ unit to sell Lumut hotel and adjoining land for RM47.4m

news

Updated:
  • Johan Holdings Bhd is selling a hotel and land in Lumut for RM47.43 million, nearly doubling its market cap.
  • The properties were sold below market value, with the hotel at RM32.96 million, a 1.03% discount.
  • The sale is pending shareholder approval and is expected to complete by 3Q2026.
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Johor denies data centres cause of Pontian, Simpang Renggam water supply disruption

Johor denies data centres cause of Pontian, Simpang Renggam water supply disruption

news

Updated:
  • The Johor govt dismissed claims linking water supply issues in Pontian and Simpang Renggam to data centres.
  • Scheduled disruptions are due to low raw water levels from drought, not data centre development.
  • Cloud seeding operations are underway to improve water levels and mitigate the situation.
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