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Johor MACC detains housing committee chairman over alleged RM1.6m bribery

Johor MACC detains housing committee chairman over alleged RM1.6m bribery

news

Updated:
  • A housing committee chairman was detained for alleged bribery.
  • He solicited RM1.6 million from 400 housing applicants.
  • The MACC is investigating this case under several sections.
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The Light City's retail component to soft-open on Oct 29

The Light City's retail component to soft-open on Oct 29

news

Updated:
  • The Waterfront Shoppes will open in October 2026.
  • It is Penang's largest mall with 300 retail spaces.
  • This destination integrates with a large convention centre.
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Kwasa Damansara seeks hospital operator to serve 100,000 population

Kwasa Damansara seeks hospital operator to serve 100,000 population

news

Updated:
  • Kwasa Damansara, a 2,255-acre township, plans 27,335 homes, including 11,200 affordable units.
  • A five-acre plot is designated for a hospital, with an operator currently being sought.
  • The township emphasises connectivity, green spaces, and diverse housing for 100,000 residents by 2050.
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IJM Land’s XPLOSIVE campaign names winners for overseas holidays

IJM Land’s XPLOSIVE campaign names winners for overseas holidays

news

Updated:
  • IJM Land Bhd concluded its XPLOSIVE Campaign.
  • Three homebuyers won overseas holiday packages.
  • The campaign ran from October 2025 to March 2026.
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NCT Alliance hands over NCT Smart Industrial Park Phase 1, launches KM2

NCT Alliance hands over NCT Smart Industrial Park Phase 1, launches KM2

news

Updated:
  • NCT Alliance Bhd began handing over Phase 1 of its NCT Smart Industrial Park (NSIP), achieving a 90% take-up rate.
  • It also launched KM2, part of Phase 2, offering diverse industrial spaces.
  • NSIP is the first IDRISS development to reach this stage, with a total GDV of RM10.2 billion.
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Sime Darby Property unveils first ready-built factories at BBR Business Park

Sime Darby Property unveils first ready-built factories at BBR Business Park

news

Updated:
  • Sime Darby Property launched Prestige Collection 1, new industrial factories.
  • These are located at BBR Business Park in Bandar Bukit Raja.
  • The park is Malaysia's first GreenRE Platinum-rated industrial development.
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Plytec seeks up to RM7.52m in facilities for Kuala Langat land deal

Plytec seeks up to RM7.52m in facilities for Kuala Langat land deal

news

Updated:
  • Plytec Holding Bhd applied for RM7.52 million in banking facilities.
  • This is to fund a RM6.21 million land acquisition and conversion premium.
  • The land is for expansion near their current facility.
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Kenanga says RM2 MKH offer ‘not fair’ but recommends acceptance

Kenanga says RM2 MKH offer ‘not fair’ but recommends acceptance

news

Updated:
  • Kenanga recommends accepting Whitmore's RM2/share offer for MKH, despite deeming it "not fair" due to a lower valuation.
  • The offer is considered "reasonable" given premiums over historical prices and low liquidity.
  • MKH's directors also concur with this "not fair but reasonable" assessment.
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SLSB, eight individuals exempted from mandatory offer for KSL shares

SLSB, eight individuals exempted from mandatory offer for KSL shares

news

Updated:
  • The SC exempted Success Lineage and eight individuals from a mandatory offer for KSL Holdings shares.
  • This is due to a restructuring to establish a single family office.
  • The exemption is subject to SC's terms and conditions.
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LBS brings MYDIN to KITA @ Cybersouth as township’s first supermarket

LBS brings MYDIN to KITA @ Cybersouth as township’s first supermarket

news

Updated:
  • LBS Bina Group Bhd and Mydin Mohamed Holdings Bhd (MYDIN) signed a tenancy agreement.
  • MYDIN will open the first supermarket at KITA @ Cybersouth in Dengkil, Selangor.
  • This 24,000 sq ft store will serve the growing township's residents.
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