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Anwar orders report on Felda’s proposed hotel sale

Anwar orders report on Felda’s proposed hotel sale

news

Updated:
  • PM Datuk Seri Anwar Ibrahim ordered a report on Felda's hotel sale.
  • It was allegedly at a price far lower than the original purchase price.
  • Anwar, who is also finance minister, revealed that he refused to sign the approval document for the sale.
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EcoWorld breaks ground on Chinese primary school in Puncak Alam, targets 2028 opening

EcoWorld breaks ground on Chinese primary school in Puncak Alam, targets 2028 opening

news

Updated:
  • EcoWorld broke ground on SJK(C) Eco Grandeur, a new Chinese primary school in Puncak Alam.
  • The school will have 24 classrooms and a 960-student capacity, opening by third quarter of 2028.
  • It features a unique continuous ramp system and sustainable design elements.
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Heritage building safety needs enforcement, guidance and funding, says Wong

Heritage building safety needs enforcement, guidance and funding, says Wong

news

Updated:
  • Penang needs a multi-pronged approach to improve the safety of ageing buildings.
  • Enforcement, guidance, and aid are crucial for owners.
  • Public safety must take precedence where buildings pose structural risks.
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SCIB unit enters conditional co-development deal for RM83.2 mil Penampang condominium project

SCIB unit enters conditional co-development deal for RM83.2 mil Penampang condominium project

news

Updated:
  • SCIB's subsidiary, SCIBE, will co-develop a Sabah residential project with IWSB.
  • The Dimpoukon Residence has an estimated GDV of RM83.19 mil.
  • SCIBE will lead the project and fund most costs, with an 80:20 profit split.
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120 families in Sungkai, Kuala Bikam get land grants, settling 40-year dispute

120 families in Sungkai, Kuala Bikam get land grants, settling 40-year dispute

news

Updated:
  • 120 squatter families received land grants, ending a 40-year issue.
  • Resolution of the issue was proof that the Madani government prioritised the wellbeing of the people.
  • Minister Nga Kor Ming urged people to focus on performance, not racial sentiments.
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Lim Kang Hoo’s nephews exit Ekovest, IWCity boards to focus on LSH Capital

Lim Kang Hoo’s nephews exit Ekovest, IWCity boards to focus on LSH Capital

news

Updated:
  • Tan Sri Lim Keng Cheng and Datuk Lim Keng Guan are stepping down.
  • They are stepping down from their roles in companies linked to their uncle, Tan Sri Lim Kang Hoo.
  • They will focus on Lim Seong Hai Capital Bhd, where they both hold controlling stakes.
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Paradigm REIT 2Q property income jumps over four-fold, declares 1.83 sen dividend

Paradigm REIT 2Q property income jumps over four-fold, declares 1.83 sen dividend

news

Updated:
  • Revenue surged over fourfold to RM60.46 mil in 2QFY2026, from RM13.17 mil a year before.
  • REIT's portfolio comprises Bukit Tinggi Shopping Centre, Paradigm Mall PJ and Paradigm Mall JB.
  • It remains cautiously optimistic that the Visit Malaysia Year 2026 campaign will boost tourist arrivals.
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Oriental Holdings extends conditional period for Northam Georgetown share subscription agreement to Oct 15

Oriental Holdings extends conditional period for Northam Georgetown share subscription agreement to Oct 15

news

Updated:
  • Oriental Holdings extended its Northam Georgetown Sdn Bhd stake acquisition deadline.
  • The deal involves 96.84% for RM153.1 mil.
  • This is part of larger RM411 mil acquisitions.
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IOI Properties secures conditional SC approval for proposed RM7.58 bil REIT listing

IOI Properties secures conditional SC approval for proposed RM7.58 bil REIT listing

news

Updated:
  • IOI Properties Group received conditional SC approval for its REIT.
  • This REIT will acquire nine properties for RM7.578 bil.
  • The approval includes conditions for Bumiputera equity and licensing.
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GuocoLand Malaysia privatisation completed after offer price settlement

GuocoLand Malaysia privatisation completed after offer price settlement

news

Updated:
  • GuocoLand (Malaysia) Bhd's privatisation is complete.
  • Shareholders received their offer price today (Aug 7).
  • Payments were made electronically or by mail.
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Anwar orders report on Felda’s proposed hotel sale