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Chin Hin group overhauls boards as founder takes emeritus role

Chin Hin group overhauls boards as founder takes emeritus role

news

Updated:
  • Datuk Seri Chiau Beng Teik will step down as chairman of several Chin Hin-linked companies by July 1, 2026.
  • His son, Datuk Wira Chiau Haw Choon, will become executive chairman across these entities.
  • This move is part of a planned succession to ensure leadership continuity and future growth.
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Nga: Over 93,000 first-time homebuyers benefit from Housing Credit Guarantee Scheme to date

Nga: Over 93,000 first-time homebuyers benefit from Housing Credit Guarantee Scheme to date

news

Updated:
  • The Housing Credit Guarantee Scheme has aided 93,555 first-time homebuyers.
  • RM18 bil remains from the RM40 bil allocation for housing financing.
  • The government aims to help 100,000 homebuyers by year-end.
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Johor polls to have limited impact on property market — Juwai IQI

Johor polls to have limited impact on property market — Juwai IQI

news

Updated:
  • A Johor election in 2026 will likely not impact the property market.
  • Home sales may slow temporarily before the election.
  • Post-election, sales should rebound, driven by new economic initiatives.
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TAFI’s RM23.5 mil Muar factory disposal progresses after conditions precedent met

TAFI’s RM23.5 mil Muar factory disposal progresses after conditions precedent met

news

Updated:
  • TAFI Industries Bhd's property sale in Muar, Johor, has progressed.
  • The RM23.5 mil deal will boost cash flow and focus.
  • This disposal is expected to yield a significant gain for TAFI.
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YLI enters property development with RM28 mil Puncak Alam joint venture

YLI enters property development with RM28 mil Puncak Alam joint venture

news

Updated:
  • YLI Holdings Bhd is entering property development via a joint venture in Bandar Puncak Alam.
  • Its subsidiary, Yew Lean Industries, will develop 10.963 acres of land.
  • This move diversifies YLI's earnings and optimises capital deployment for future growth.
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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

news

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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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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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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Chin Hin group overhauls boards as founder takes emeritus role