News

"Ecobuilt plans to expand into property development and building materials trading, targeting 25% profit contribution as it seeks to diversify revenue streams." Kuala Lumpur, 13th April 2026, 3.35pm - Ecobuilt Holdings Berhad has proposed to diversify its core business into property development and the trading of building materials, as part of its strategy to broaden revenue streams and improve...

"Mayu Global acquires the remaining 20% stake in Sunrise Manner for RM500,000, making it a wholly owned property subsidiary amid ongoing financial restructuring." Kuala Lumpur, 9th April 2026, 4.42pm - Mayu Global Group Bhd has completed the acquisition of the remaining 20% stake in Sunrise Manner Sdn Bhd (SMSB), making the property development company a wholly owned subsidiary of the group. In a...

"Malaysia is reviewing contractor proposals to manage rising construction material costs as prices increase by up to 40% amid global supply and logistics pressures." Kuala Lumpur, 8th April 2026, 4.00pm - The federal government is currently evaluating proposals from industry stakeholders to address rising construction material costs following geopolitical tensions in West Asia, according to Deputy...

"Malaysia’s IRB launches the STSDS self-assessment stamp duty system to streamline document stamping while offering penalty waivers under a voluntary compliance programme." Kuala Lumpur, 7th April 2026, 6.00pm - The Inland Revenue Board (IRB) has introduced Phase 1 of the Stamp Duty Self-Assessment System (STSDS) to simplify document stamping procedures, allowing individuals and authorised agents to...

"A PropertyGuru and iProperty survey shows 56% of Malaysians plan to buy homes within two years, with sustainability and location among top buying priorities." Kuala Lumpur, 6th April 2026, 12.00pm - Homeownership continues to be a key aspiration among Malaysians, with more than half planning to purchase residential property within the next two years, according to a new consumer sentiment...

"Malaysia completes 34 delayed PR1MA housing projects, allowing 22,925 buyers to receive homes as the government targets zero sick housing projects by 2030." Melaka, 3rd April 2026, 02.30pm - A total of 34 previously delayed PR1MA housing projects across Malaysia have now been successfully completed, allowing 22,925 homebuyers to finally take possession of their homes. Housing and Local Government...

"Sunway founder Jeffrey Cheah urges IJM shareholders and GLICs to assess the RM3.15 takeover offer based on fundamentals as acceptance levels reach 20%." Kuala Lumpur, 2nd April 2026, 02.30pm - Tan Sri Jeffrey Cheah Fook Ling, founder and controlling shareholder of Sunway Bhd (KL:SUNWAY), has called on IJM Corp Bhd (KL:IJM) shareholders — particularly government-linked investment companies (GLICs)...

"Glomac appoints Tan Soon Meng as Acting CFO following a leadership transition, as the property developer strengthens its management team to support future growth." Kuala Lumpur, 31th March 2026, 01.30pm - Glomac Berhad has announced a finance leadership transition with Tan Soon Meng appointed as Acting Chief Financial Officer effective March 31, 2026, following the retirement of Chief Operating...

"EPF declines Sunway’s RM3.15 offer for IJM shares, citing intrinsic value concerns as institutional investors assess the proposed takeover." Kuala Lumpur, 30th March 2026, 01.55pm - Employees Provident Fund (EPF), the largest shareholder of IJM Corporation Berhad, has decided not to accept a takeover offer from Sunway Berhad after determining that the offer price does not reflect IJM’s intrinsic...

"Exsim Hospitality seeks shareholder approval to expand into construction contracting and centralised procurement businesses, according to Bursa Malaysia filing." Kuala Lumpur, 27th March 2026, 01.55pm - Exsim Hospitality Berhad is seeking shareholder approval to diversify its business operations to include construction services and centralised procurement activities, according to a circular filed with...