Some 32,800 completed homes worth RM16.37 billion remained unsold in the first quarter of 2026 (1Q2026), with nearly half priced below RM300,000, said Deputy Housing and Local Government Minister Datuk Aiman Athirah Sabu, citing National Property Information Centre data.
Contractors appointed for the LRT Shah Alam Line, or otherwise known as LRT3, are liable for RM2.729 million in liquidated damages for every day the project is delayed, Deputy Transport Minister Datuk Hasbi Habibollah told the Dewan Rakyat.
IOI Properties Group Bhd (KL:IOIPG) will rejoin the FBM KLCI as a constituent after being expelled more than a decade ago.
Sentoria Group Bhd (KL:SNTORIA) is at risk of being delisted on June 16, after the developer failed to submit its regularisation plan by June 3.
IJM Corporation Bhd (KL:IJM) is selling a hypermarket building in Sandakan, Sabah, to its tenant, supermarket operator Econsave, for RM47.5 million.
Varia Bhd (KL:VARIA) has proposed to jointly develop a mixed development project in Putrajaya with United Malayan Land Bhd (UMLand) and Canada-based King George Financial Corp (KGFC).
Batu Kawan Bhd (KL:BKAWAN), through its wholly-owned subsidiary Whitmore Holdings Sdn Bhd, has agreed to acquire a combined 47.7% stake in MKH Bhd (KL:MKH) for RM549.8 million, or RM2 a share, from the Chen family.
IJM Corp Bhd (KL:IJM) said the Malaysian Anti-Corruption Commission’s (MACC) probe involving its chairman Tan Sri Krishnan Tan in relation to Sunway Bhd’s (KL:SUNWAY) takeover offer had been completed and classified as “no further action”.
UDA Holdings Bhd, an agency under the Entrepreneur Development and Cooperatives Ministry, will absorb RM12.5 million in costs to help ease the burden on micro, small and medium enterprises (MSMEs) amid rising cost pressures from Middle East tensions.
Mudajaya Group Bhd (KL:MUDAJYA) said a lawsuit it had initiated over properties it was promised as payments for construction work on a mixed-development project in Kuala Lumpur will go back to the High Court for a full trial.
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