TCS sees emergence of new substantial shareholder with 11.9% stake as MD trims shareholding
James Liew Vun Tak acquired an 11.
AmanahRaya REIT pursues new asset buy as its RM42.5 mil Cyberjaya property sale falls through
The purchaser, 4X Software Sdn Bhd, was unable to fulfill the stipulated condition precedent within the agreed timeline, which ended on Dec 26, 2024, according to AmanahRaya Kenedix REIT Manager Sdn Bhd, the REIT’s manager.
Developer disagrees over repayment conditions, debt owed to SCIB for scrapped Perak housing project
On Jan 13, SCIB announced that the RM162 million contract awarded to its wholly owned unit, SCIB Properties Sdn Bhd (SCIBP), from Awana JV Suria Saga Sdn Bhd in July 2024 as part of a debt settlement collapsed after Awana failed to fulfil a key condition precedent within the stipulated time frame.
Bina Puri, its director Tee Hock Seng face RM28.1m suit for purportedly failing to pay-up full sum in JVA
Wisma Majujaya, based in Klang, filed the suit on May 16 last year at the Shah Alam High Court via Messrs Lim Chee Wee Partnership, where it is seeking a court order for the defendants to pay the sum of RM28.
Taghill clinches RM152 mil mixed-development project in Pahang
The project includes four business blocks, one serviced apartment block, and a six-level podium parking structure with residential facilities.
Scientex buys Melaka land from Genting Plantations for RM333 mil cash
Scientex said the acquisition will boost its existing landbank, which aligns with the company’s goal to build more affordable homes, according to its filing.
Long road ahead for MRCB with Ipoh Sentral project, analysts say
The transit-oriented development project will add 19% to MRCB’s total remaining gross development value (GDV), for it to reach RM38.
Axis REIT in hot pursuit of industrial deals
Axis REIT Managers Bhd chief executive officer and executive director Leong Kit May shared that the REIT is currently in closed talks with potential acquisition targets valued at RM300 million with heavy inclination towards industrial.
Rehda Institute’s CEO Series 2025: Malaysia well positioned to become preferred choice for high-yield family offices
Malaysia offers a more competitive environment compared to Singapore while still providing easy access to Singapore's financial and professional resources.
TH Properties and AFFIN BANK partner to make homeownership more accessible to younger customers, fresh graduates and women
Home financing solutions will be offered by AFFIN BANK to homebuyers of TH Properties’ current developments, namely Bandar Enstek, Warisan Puteri 2, and Padang Residences.
