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Zelan unit to transfer two Wisma Zelan office suites to MMC Engineering Sdn Bhd to settle RM5.22m debt

Zelan unit to transfer two Wisma Zelan office suites to MMC Engineering Sdn Bhd to settle RM5.22m debt

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Updated:
  • Zelan Bhd's subsidiary has agreed to settle RM5.2 million in debts by transferring two office units.
  • The units will satisfy the debt upon registration, with a small balance covered by rental payments.
  • It is part of Zelan's regularisation plan after being classified as a PN17 issuer.
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Eonmetall issues circular on RM273.28 mil Kapar land disposal

Eonmetall issues circular on RM273.28 mil Kapar land disposal

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Updated:
  • Eonmetall Group plans to sell land in Kapar, Klang, for RM273 mil cash.
  • The sale is to WG Malaysia VIII Sdn Bhd, a related party transaction.
  • Proceeds will repay debt, fund working capital, and future acquisitions.
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Maybulk issues circular on RM278 mil Kapar industrial land disposal

Maybulk issues circular on RM278 mil Kapar industrial land disposal

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Updated:
  • Maybulk Bhd plans to sell industrial land in Kapar, Klang, for RM278.05 mil cash.
  • The sale is a related party transaction, with proceeds used for debt, dividends, and new investments.
  • Shareholders will vote on July 20, 2026, on this beneficial disposal.
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Paragon Globe completes RM64.47 mil Johor land disposal

Paragon Globe completes RM64.47 mil Johor land disposal

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Updated:
  • Paragon Globe Bhd sold Johor land for RM64.47 mil.
  • Its subsidiary, PGB Landmark, completed the disposal.
  • This transaction was first announced in December 2025.
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Crescendo says Microsoft land disposal SPA now unconditional

Crescendo says Microsoft land disposal SPA now unconditional

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Updated:
  • Crescendo Corp Bhd's land sale to Microsoft Payments is now unconditional.
  • All conditions in the sale and purchase agreement are fulfilled.
  • Further details on the sale were not provided.
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UEM Sunrise secures RM415 mil entitlement in KLCC land pact with Exsim KLCC

UEM Sunrise secures RM415 mil entitlement in KLCC land pact with Exsim KLCC

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Updated:
  • UEM Sunrise subsidiary signed a deal for a mixed-use KLCC development.
  • The proposed development is expected to comprise a hotel, hotel residences and a retail mall.
  • In addition to the guaranteed entitlement, the agreement provides for a profit-sharing arrangement.
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Rehda Institute’s RIYI 2026: Corporate mentors prep Gen Z for property careers

Rehda Institute’s RIYI 2026: Corporate mentors prep Gen Z for property careers

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Updated:
  • The Rehda Institute Youth Initiative 2026 bridges the gap between academic readiness and industry demands.
  • It offers final-year students practical workplace simulations and mentorship.
  • The programme focuses on real-world skills, emotional intelligence, and career growth.
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Waldorf Astoria Kuala Lumpur to open in late 2026

Waldorf Astoria Kuala Lumpur to open in late 2026

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Updated:
  • Hilton's Waldorf Astoria Kuala Lumpur opens reservations for late 2026.
  • This luxury hotel marks the brand's Malaysian debut.
  • It offers diverse dining, wellness, and event experiences.
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Loke: Government to seek audience with Sultan of Selangor to provide explanation over LRT3 issue

Loke: Government to seek audience with Sultan of Selangor to provide explanation over LRT3 issue

news

Updated:
  • The government will to provide further clarification on LRT3 to the Sultan of Selangor.
  • Transport Minister Anthony Loke will seek an audience with the Sultan.
  • The Sultan stressed that LRT3 was not a prestige mega project but for the well-being of the people.
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