News about AG

Four Seasons Place, Kuala Lumpur condo unit sold for RM9.

PETALING JAYA (May 6): Imperio Group has opened The Tenz Emporium in Alor Setar, with Cold Storage — operated by GCH Retail (Malaysia) Sdn Bhd — as its anchor tenant and the premium grocer's first outlet in Kedah, signalling growing retailer interest in secondary cities beyond the Klang Valley and Penang.

PETALING JAYA (May 6): EdgeProp Malaysia has collaborated with PropNex Malaysia to produce the Malaysia Property Market Overview 1Q2026 — a comprehensive, data-driven report that maps the state of the market across residential, commercial and industrial segments in Malaysia's four key property markets: Kuala Lumpur, Selangor, Johor, and Penang.

PETALING JAYA (May 6): Magni-Tech Industries Bhd has announced that its wholly-owned subsidiary, Magni Land Sdn Bhd (MLSB), entered into a Sale and Purchase Agreement (SPA) yesterday (May 5) with Neoh Choo Ee & Company Sdn Bhd for the acquisition of a freehold parcel of vacant land in Bandar Tanjong Bungah, Daerah Timur Laut, Pulau Pinang for a total cash consideration of RM133.

KUALA LUMPUR (May 4): Maxim Global Bhd (KL:MAXIM) has received a mandatory takeover offer of 24 sen per share from its managing director Tan Sri Gan Seong Liam.

PETALING JAYA (May 1): Lagenda Properties Bhd, one of Malaysia's leading affordable housing and integrated township developers, delivered a historic operating performance for the financial year ended Dec 31, 2025 (FY2025), surpassing the RM1 billion revenue mark for the first time while recording its highest-ever annual confirmed sales — reinforcing the structural resilience of the group's affordable housing-led business model.

PETALING JAYA (April 29): Real estate agency Polygon Properties marked its ninth anniversary with its Globe Gala Night on April 17 at Galaxy Banquet Hall in Sentul, bringing together 500 guests for a cross-cultural themed celebration.

PETALING JAYA (April 29): Real estate agency Wereg Properties recorded a 50% to 100% increase in sales revenue over the past year, marking a significant milestone in its growth trajectory.

PETALING JAYA (April 28): PropNex Malaysia marked eight years of operations in the country with the hosting of its Infinity Convention 2026 recently, bringing together its growing network of real estate negotiators (RENs) to celebrate milestones and chart the path ahead.

PETALING JAYA (April 27): Knight World Realty (M) Sdn Bhd and Bricksmania Asset Management Sdn Bhd have formalised a strategic partnership through the signing of a memorandum of understanding (MOU), aimed at combining their complementary strengths to unlock new opportunities in Malaysia's property investment market.