PN17 Ivory Properties faces suspension, de-listing after Bursa rejects extension request
As a result, trading in Ivory’s securities will be suspended effective Aug 29, and the company will be de-listed on Sept 3, unless an appeal is submitted.
Lawmakers ask to delay second reading of Urban Renewal Bill for further review
The Members of Parliament have called for the Bill to be referred to two committees—Infrastructure, Transportation and Communications, and Women, Children and Community Development—and for a full social impact study to be commissioned.
MRT Corp defends LRT Mutiara Line’s increased RM16.8 bil budget on inflation and land costs; denies cost overruns
It dismissed claims that the revised ceiling does not reflect “uncontrolled cost escalation” but adjustments to market realities since the project was first mooted nearly a decade ago.
Ivory Properties says group CEO cooperating with MBI investigations
Ivory Properties has been in Practice Note 17 (PN17) status since 2022 after its auditor flagged its ability to continue as a going concern.
Sime Darby Property posts RM143.5m net profit in 2Q, declares 1.5 sen dividend
Sime Darby Property said its property development segment continued to be the main revenue contributor, accounting for 93.
Urban Renewal Bill 2025 tabled in Parliament for first reading
Housing and Local Government Minister Nga Kor Ming tabled the bill, with its second and third readings scheduled for next Wednesday (Aug 27).
Matrix Concepts’ 1Q net profit up 3.7% on higher property sales, lower marketing costs
Quarterly revenue inched up 1.
The Light Waterfront: Redefining Urban Living and Growth in Penang
The Light Waterfront Penang is a freehold integrated development along the Tun Dr Lim Chong Eu Expressway in Gelugor, jointly developed by IJM Land Bhd and Perennial Holdings.
Hextar Technologies terminates RM31m Nilai land disposal to Widad, plans reassessment of terms
According to the group, the termination was prompted by recent economic conditions, which led both companies to re-evaluate the proposed transaction and re-examine the parcels of land identified for disposal.
S P Setia collaborates with Taiwan’s Ally Logistic Property to develop smart warehouse campus in Klang
The development will feature two smart warehouses equipped with AS/RS systems, one for advanced cold chain logistics and the other for high-efficiency ambient storage, providing approximately 1.
