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PRG Holdings board terminates related-party debt settlement, initiates independent review

PRG Holdings board terminates related-party debt settlement, initiates independent review

news

Updated:
  • PRG Holdings Bhd terminated a debt settlement plan.
  • It involved RM37.17 mil owed by Premier De Muara Sdn Bhd.
  • An independent reviewer will be appointed to address governance concerns.
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Crescendo extends land sale deadline as TNB utility condition remains unresolved

Crescendo extends land sale deadline as TNB utility condition remains unresolved

news

Updated:
  • Crescendo Corp Bhd extended its land sale agreement.
  • The deal, worth RM200.88 mil, is for industrial land in Johor.
  • An outstanding condition with Tenaga Nasional Bhd needs fulfilling.
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Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr

Sunway MCL-CSC Land Group JV tops bids for River Valley Green GLS site at S$1,730 psf ppr

news

Updated:
  • Sunway MCL and CSC Land Group submitted the highest bid for River Valley Green (Parcel C).
  • Their S$750.57 mil offer set a new benchmark land rate.
  • This final parcel will yield over 500 premium residential units.
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IWG launches Malaysia's first Regus Express at Crowne Plaza KLCC

IWG launches Malaysia's first Regus Express at Crowne Plaza KLCC

news

Updated:
  • IWG launched Malaysia's first Regus Express at Crowne Plaza KLCC.
  • The workspace is located along Jalan Yap Kwan Seng and near MRT and LRT stations.
  • It meets growing demand for flexible, capital-light workspace solutions.
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Harn Len unit buys Hong Kong serviced apartment block for HK$203.8 mil

Harn Len unit buys Hong Kong serviced apartment block for HK$203.8 mil

news

Updated:
  • Harn Len's subsidiary will acquire a Hong Kong serviced apartment block.
  • The purchase price is HK$203.8 mil (RM105.35 mil).
  • A deposit of HK$20.38 mil has been paid.
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Selangor studies land issue on third terminal in Port Klang

Selangor studies land issue on third terminal in Port Klang

news

Updated:
  • Selangor finalises land for Port Klang's Third Terminal on Carey Island.
  • The project uses a Build-Operate-Transfer model, targeting a construction start this year.
  • This strategic port aims to boost Malaysia's economic and logistics sectors.
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Bina Darulaman unit to develop RM41.5 mil GDV commercial hub in Jitra, Kedah

Bina Darulaman unit to develop RM41.5 mil GDV commercial hub in Jitra, Kedah

news

Updated:
  • BDB Land is developing Darulaman Commercial District, a RM41.5 mil project.
  • It includes 45 shop offices and a new corporate building.
  • This aims to boost the region's economy and community.
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Sunway Construction bags RM664 mil variation orders, lifts Johor data centre contracts to RM865 mil

Sunway Construction bags RM664 mil variation orders, lifts Johor data centre contracts to RM865 mil

news

Updated:
  • Sunway Construction secured additional change orders worth RM664.4 mill for two data centre-related projects.
  • This boosts their total contract value to RM865.6 mil.
  • The projects are expected to positively impact earnings from 2026.
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