Magna Prima – OCR Shah Alam JV realigned: RM45 mil land sale marks structural shift in development plan
PETALING JAYA (April 1): Magna Prima Bhd is moving to regain control of a 4.
Citaglobal bags RM150m Navy housing contract in Sabah, order book now at RM1.44b
KUALA LUMPUR (April 1): Citaglobal Bhd (KL:CITAGLB) has secured a RM150 million contract from Malaysia’s Public Works Department (JKR) to design and build military family housing at a key naval base in Sabah.
Paragon Globe, GSP Automotive partner to develop RM1.5 billion AutoPark in Iskandar Puteri
JOHOR BAHRU (March 30): Paragon Globe Bhd is advancing its industrial pivot through a strategic partnership with GSP Automotive Group to develop a 47-acre automotive-focused industrial hub (“AutoPark”) in Iskandar Puteri, Johor, with an estimated gross development value (GDV) of RM1.
Eversendai’s Trojena Ski Village contract in Saudi Arabia terminated amid Middle East tensions
KUALA LUMPUR (March 25): Eversendai Corporation Bhd (KL:SENDAI) said it has received a termination notice from NEOM Company for its Trojena Ski Village structural steel contract in Saudi Arabia, effective March 26, citing geopolitical developments in the Middle East.
OCR Group unit to sell Magna Prima part of their Shah Alam development property
KUALA LUMPUR (March 25): OCR Group Bhd (KL:OCR) entered into a deal on Tuesday with Magna Prima Bhd (KL:MAGNA) to sell 4.
Strata law needs revamping as urbanisation progresses
This article appeared in the March 12, 2026 issue of the monthly print edition.
Rivertree plans diversification into management of centralised labour quarters to stabilise earnings
KUALA LUMPUR (March 20): Property developer Rivertree STF Synergies Bhd (KL:RSSB) plans to diversify into the management of centralised labour quarters to reduce overall earnings volatility, it said in a bourse filing on Thursday.
Gagasan Nadi Cergas MD trims stake to 57%
KUALA LUMPUR (March 17): Gagasan Nadi Cergas Bhd group managing director Datuk Wan Azman Wan Kamal has sold a 7.
Scientex’s 2Q earnings rise 9.1% on property, packaging business improvements
KUALA LUMPUR (March 14): Plastic packaging company and property developer Scientex Bhd (KL:SCIENTX) saw its earnings grow by 9.
Mah Sing signs supplemental agreements for Johor land acquisition
KUALA LUMPUR (March 13): Mah Sing Group Bhd's (KL:MAHSING) subsidiary M Industrial Development Sdn Bhd has entered into supplemental agreements to amend certain terms related to its proposed acquisition of freehold land in Kulai, Johor, from Kuala Lumpur Kepong Bhd’s (KL:KLK) unit Aura Muhibah Sdn Bhd.
