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The contract, which is the first win for the company in 2025, was awarded by Mercu Majuniaga Sdn Bhd.

On its outlook, Matrix expects strong long-term growth, supported by continued demand for Sendayan Developments; the launch of Malaysia Vision Valley City (MVV City), a 2,382-acre, RM15 billion integrated project near the planned High-Speed Rail, and ongoing success of Levia Residences in Cheras with a gross development value of RM523 million.

One Oval marks a key step in the transformation of the historic Subiaco Oval precinct.

The contract is for a duration of 24 months from the site possession date, which is expected to be at the end of June.

This mutual interest underscores the strategic alignment between both organisations—combining EWI’s international development experience with JLG’s ambition to scale its proven development capabilities across the region.

The announcement comes a day after the company won a subcontract job to build the Gerbil data centre for Gamuda Bhd KUALA LUMPUR (May 23): Advancecon Holdings Bhd’s (KL:ADVCON) unit Advancecon Infra Sdn Bhd (AISB) has secured a RM68.

YTL Hospitality REIT (KL:YTLREIT), in which YTL Corp owns a direct 55% and indirect 3.

According to the Social Security Organisation (Perkeso), a total of 66,574 work-related incidents were recorded in 2024, comprising 32,936 industrial accidents and the rest from commuting mishaps.

Majestic Labs is a continuation of EcoWorld’s dedication to community-building and placemaking with vibrant, people-first commercial spaces.

The group said the project awarded on behalf of Messrs Gamuda Bhd is scheduled for completion by Aug 30, 2025.