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Xanadu Millennium launches in Puchong with over 50% take-up

Xanadu Millennium launches in Puchong with over 50% take-up

news

Updated:
  • Palm Springs launched Xanadu Millennium, a RM700 million residential project.
  • It saw over 50% take-up, targeting first-time buyers.
  • The project offers affordable luxury with many amenities and good connectivity.
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Menara Merdeka 118 renamed Menara Merdeka Maybank

Menara Merdeka 118 renamed Menara Merdeka Maybank

news

Updated:
  • Menara Merdeka 118 is now Menara Merdeka Maybank, its new headquarters.
  • Maybank's former HQ is now Menara Tun Perak.
  • These name changes take effect on July 28, 2026.
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Astramina shelves Sendayan factory plan, opts for Kepong expansion to triple capacity

Astramina shelves Sendayan factory plan, opts for Kepong expansion to triple capacity

news

Updated:
  • Astramina Group will expand production at its Kepong factory.
  • This triples manufacturing capacity to 2,400 MT annually.
  • The Sendayan TechValley land development is now on hold.
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Gadang extends conditional period for Rumah Selangorku land disposal

Gadang extends conditional period for Rumah Selangorku land disposal

news

Updated:
  • Gadang Holdings extended a land sale agreement.
  • The subsidiary and buyer agreed to a new deadline.
  • This allows more time to meet sale conditions.
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GDB wins as High Court strikes out KSK Land's originating summons

GDB wins as High Court strikes out KSK Land's originating summons

news

Updated:
  • The Kuala Lumpur High Court struck out a summons by KSK Land against GDB Holdings' subsidiary.
  • This is a favourable outcome for Grand Dynamic Builders Sdn Bhd.
  • The court also ordered costs against KSK Land's liquidator.
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Lee Kim Yew's deemed stake in Country Heights rises to 43.91% after off-market share acquisition

Lee Kim Yew's deemed stake in Country Heights rises to 43.91% after off-market share acquisition

news

Updated:
  • Country Heights founder Tan Sri Lee Kim Yew increased his stake.
  • His investment vehicle acquired six million shares off-market.
  • This boosted his total interest to 43.91%.
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Oriental Interest to acquire motorcycle financing and retail businesses in RM280m related-party deal

Oriental Interest to acquire motorcycle financing and retail businesses in RM280m related-party deal

news

Updated:
  • OIB plans to acquire two motorcycle financing and retail businesses for RM280 million.
  • This related-party deal diversifies OIB's portfolio beyond property development.
  • The acquisition will be satisfied by issuing new shares and redeemable preference shares.
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CapitaLand Malaysia Trust's 2Q net property income rises 12.5%, declares 1.29 sen DPU

CapitaLand Malaysia Trust's 2Q net property income rises 12.5%, declares 1.29 sen DPU

news

Updated:
  • CapitaLand Malaysia Trust (CLMT) saw a 12.5% NPI increase in 2QFY2026.
  • Distributable income jumped 25.6% to RM43.4 mil for the quarter.
  • CLMT declared a DPU of 1.29 sen, with a 94.4% portfolio occupancy rate.
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Ex-PRG MD Lua Choon Hann urges Ng and Sheah to bury the hatchet in open letter to shareholders

Ex-PRG MD Lua Choon Hann urges Ng and Sheah to bury the hatchet in open letter to shareholders

news

Updated:
  • Former MD Lua Choon Hann urged PRG's top shareholders to end their dispute.
  • He warned their conflict jeopardises the company's future and all stakeholders.
  • Lua called for dialogue to resolve issues and restore confidence in PRG.
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