- Nextgreen Global Bhd (NGGB) completed land disposals for a JV.
- Neuwhite Sdn Bhd paid the remaining 90% to Ultimate Ivory.
- This finalises a key part of NGGB's broader proposals.
Nextgreen completes land disposals tied to JV proposals
news
Updated:
Malton inks MOU with US' Ricloud on proposed AI-compute-centre collaboration
news
Updated:- Malton Bhd signed an MOU with Ricloud AI Inc to explore AI compute centres in Malaysia.
- Malton will assist investors in identifying suitable locations for AI compute centres.
- Ricloud will secure investors and provide technical expertise for these centres.
Ecobuilt seeks approval to diversify into property development, building materials trading
news
Updated:- Ecobuilt Holdings Bhd seeks shareholder approval to diversify into property development and building materials trading.
- This move aims to broaden income streams and reduce reliance on its struggling construction business.
- The company is evaluating potential projects in Penang and the Klang Valley.
Mulpha named in Australian class action over Mulgoa Rise project
news
Updated:- Mulpha International's subsidiary faces an Australian class action lawsuit.
- The claim alleges unsuitable land for residential construction at Mulgoa Rise.
- Mulpha Norwest denies wrongdoing and will vigorously defend the claim.
Berjaya Corp exits Citaglobal stake for RM42.56m in RPT transaction
news
Updated:- Berjaya Corp Bhd (BCorp) sold its 8.64% stake in Citaglobal Bhd for RM42.56 million cash.
- The sale to Detik Ria Sdn Bhd was a related party transaction.
- Proceeds will be used for BCorp's working capital needs.
Titijaya to buy Bukit Raja land for RM47.4m
news
Updated:- Titijaya Land Bhd will acquire a piece of leasehold land in Bukit Raja for RM47.39 million cash.
- This expands their land bank for future development opportunities.
- The acquisition should positively impact future earnings.
BEDI proposes RM38.82m related-party buy of two Sabah land companies
news
Updated:- BEDI Bhd plans to acquire two companies from a related party for RM38.82 million.
- This involves Sejati Sentral and FYT Land, becoming BEDI's subsidiaries.
- An independent adviser will review this related party transaction.
Propel Global marks first commercial project with RM64m Riverpoint in Kuantan
news
Updated:- Propel Global Bhd launched Riverpoint, its first commercial project, in Kuantan.
- This RM64 million development features 31 freehold shoplots.
- It targets investors and businesses in a growing East Coast region.
KPKT channelled RM1.08 bil to Johor for infrastructure, housing upgrades since 2022
news
Updated:- KPKT allocated RM1.08 bil to Johor since 2022 for infrastructure and housing.
- This commitment ensures balanced and inclusive development for all Johor residents.
- The Sentuhan Kasih programme engages with residents and addresses local issues directly.
LRT3 to begin operations on June 29, says Loke
news
Updated:- The LRT3 line will open next Monday, June 29.
- The Prime Minister will launch it this Sunday.
- This 37.8km line will benefit two million residents.
