News by M

Hextar Technologies Solutions Bhd (KL:HEXTECH) is set to emerge as the largest shareholder in Widad Group Bhd (KL:WIDAD), with a 23.03% stake, following a land injection deal in Negeri Sembilan.

The Housing and Local Government Ministry (KPKT) will host four more key Asean meetings this year, further underscoring Malaysia’s regional leadership.

The Kuala Lumpur Tower, which is temporarily closed from Thursday for maintenance works and to resolve safety issues, will be reopened as soon as possible.

Companies from China, Denmark, and Australia are among the early potential investors showing interest to set up shop in the Johor-Singapore Special Economic Zone (JS-SEZ).

Kwasa Land Sdn Bhd, a wholly owned subsidiary of the Employees Provident Fund Board and the master developer of Kwasa Damansara, today inked a strategic partnership with Sunsuria Damansara Sdn Bhd for a new residential development in the township.

Paragon Globe Bhd’s wholly-owned subsidiary, PGB Landmark Sdn Bhd, is proposing to sell 3.531 acres of freehold land in Tanjung Kupang, Johor Bahru, to Buildcon Concrete Sdn Bhd for RM19.23 million for industrial development.

Ivory Properties Group Bhd has revoked its earlier agreements to sell a parcel of freehold land in Penang, after its subsidiary, Ivory Gleneary Sdn Bhd (IGSB) entered creditors’ voluntary liquidation.

Bina Puri Holdings Bhd (KL:BPURI) announced on Wednesday the retirement of its founder director Dr Tan Cheng Kiat, and deputy executive chairman Tan Sri Tee Hock Seng, from its board.

CapitaLand Malaysia Trust (KL:CLMT) started financial year 2025 with a 9.6% year-on-year increase in first-quarter net property income (NPI), boosted by higher revenue from most properties, strong retail rental growth, and income from the fully occupied Glenmarie Distribution Centre after its upgrade.

The Kuala Lumpur Tower debacle involving its past and present concessionaires has taken another turn, as the Ministry of Communications deemed Menara Kuala Lumpur Sdn Bhd’s (MKLSB) occupation of the premises after March 31 as “unlawful”.