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Bina Puri wins 75% lender approval for debt restructuring plan

Bina Puri wins 75% lender approval for debt restructuring plan

news

Updated:
  • Bina Puri Holdings Bhd (BPHB) received an "approval in principle" for its debt restructuring.
  • This approval came from lenders representing over 75% of its debt.
  • The scheme is binding on participating lenders within the CDRC framework.
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Matrix Concepts marks 30th anniversary with homeownership campaign offering RM30 mil in rewards

Matrix Concepts marks 30th anniversary with homeownership campaign offering RM30 mil in rewards

news

Updated:
  • Matrix Concepts launched its 30th-anniversary campaign, offering over RM30 mil in rewards.
  • Running from June 30 to Nov 30, 2026, the campaign has the theme "Buy a Home. Stand to Win Another".
  • The five Matrix Elementals mascots introduced.
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Crescendo’s 1Q profit surges on one-off Bandar Cemerlang data centre land sale

Crescendo’s 1Q profit surges on one-off Bandar Cemerlang data centre land sale

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Updated:
  • Crescendo Corp Bhd saw a huge earnings jump in 1QFY2027.
  • This was driven by a data centre land sale in Johor.
  • The company expects to perform well despite global uncertainties.
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TWL drops three Klang property projects after extended completion windows expire

TWL drops three Klang property projects after extended completion windows expire

news

Updated:
  • TWL Holdings Bhd terminated three joint venture agreements in Klang.
  • The JVAs, signed in 2013-2014, involved residential and commercial projects.
  • Extended completion dates expired, making the agreements unworkable.
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Ajiya plans to recycle Tanco disposal proceeds into other quoted shares

Ajiya plans to recycle Tanco disposal proceeds into other quoted shares

news

Updated:
  • Ajiya Bhd plans to use Tanco share sale proceeds.
  • 98% will fund new quoted investments.
  • The remaining 2% covers administrative costs.
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Rehda names S P Setia’s Zaini Yusoff as new president for 2026–2028 term

Rehda names S P Setia’s Zaini Yusoff as new president for 2026–2028 term

news

Updated:
  • Datuk Zaini Yusoff is Rehda's new president for 2026-2028.
  • He replaces Datuk Ho Hon Sang, who is now Immediate Past President.
  • Zaini aims to continue Rehda's strategic work and engagement.
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Madani govt boosts affordable homeownership, 50 RMR recipients benefit in Terengganu

Madani govt boosts affordable homeownership, 50 RMR recipients benefit in Terengganu

news

Updated:
  • Fifty recipients received housing aid in Kuala Terengganu and Kuala Nerus.
  • This RMR programme helps lower-income groups own safe, quality homes.
  • The government aims to build 6,545 RMR units nationwide by 2026.
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KPKT approves 594 development projects in Chinese new villages, Indian villages

KPKT approves 594 development projects in Chinese new villages, Indian villages

news

Updated:
  • KPKT approved 573 Chinese new village and 21 Indian village projects, totalling RM73 mil this year.
  • For Chinese villages, 366 infrastructure projects were approved; of which 148 have been completed.
  • Indian villages received RM2 mil for 18 projects, with five already finished.
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Deputy housing minister: 32,800 completed homes worth RM16.37b unsold as at 1Q; nearly half priced below RM300,000

Deputy housing minister: 32,800 completed homes worth RM16.37b unsold as at 1Q; nearly half priced below RM300,000

news

Updated:
  • Malaysia has 32,800 unsold homes worth RM16.37 bil in 1Q2026.
  • Nearly half of these homes are priced below RM300,000.
  • This indicates a significant mismatch between housing supply and demand across various segments.
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