Varia lodges RM3b sukuk programme with SC to fund capex, refinance debt
Varia Bhd (KL:VARIA) has lodged a sukuk murabahah programme of up to RM3 billion with the Securities Commission Malaysia.
Varia Bhd (KL:VARIA) has lodged a sukuk murabahah programme of up to RM3 billion with the Securities Commission Malaysia.
Noteworthy:
When: June 2025
Matrix Concepts Holdings Bhd (KL:MATRIX) has signed a memorandum of understanding (MOU) with logistics company Golog Holdings Sdn Bhd (Golog) to jointly develop the China-Malaysia Air Silk Road Dual Hub Industrial Park in MVV TechValley at Negeri Sembilan.
S P Setia Bhd’s wholly owned subsidiary, Setia EcoHill Sdn Bhd, has entered into a joint venture with property investment company Mitsui Fudosan (Asia) Malaysia Sdn Bhd to develop a residential project with a GDV of RM1.3 billion in its flagship township of Setia EcoHill, Semenyih.
Advancecon Holdings Bhd (KL:ADVCON) said the group has secured a favourable adjudication decision against China Communication Construction (ECRL) Sdn Bhd (CCC) in relation to a payment dispute involving the East Coast Rail Link (ECRL) project.
Construction firm GDB Holdings Bhd (KL:GDB) has proposed a private placement of 93.75 million new shares, representing about 10% of its issued share capital, to independent third party investors Datuk Seri Chan Leng Sam and Datuk Seri Voon Thien Loong.
SS15 Subang Jaya, once almost synonymous with shisha cafes, bubble tea queues, and a buzzing student crowd, is quietly building a reputation for something else—sustained growth in property values across the board.
From overhang reduction to build-then-sell pilots, here’s what buyers and developers can expect when the budget is tabled on Oct 10, 2025.
A quick success story to highlight is from one of PropNex Realty Sdn Bhd’s open houses held in May, which led to a sale in June. Negotiator Angela Lee (REN 04297) maintained a consistent follow-up, worked closely with the buyer and ultimately closed the deal.
Malaysia has yet to decide on the Kuala Lumpur–Singapore High Speed Rail (HSR) project, despite seeking concept proposals from private firms two years ago.