News

"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...

"Tropicana Corp fully redeems RM89.4 million perpetual sukuk as part of its capital management strategy. The group reports RM2 billion unbilled sales." Kuala Lumpur, 26th March 2026, 05.40pm - Tropicana Corporation Berhad has fully redeemed its RM89.43 million Tranche 1 Perpetual Sukuk Musharakah as part of its ongoing efforts to reduce borrowings and strengthen its financial position. The property...

"Eversendai says NEOM has terminated its Trojena Ski Village structural steel contract in Saudi Arabia. The group plans to submit compensation claims." Kuala Lumpur, 25th March 2026, 02.40pm - Eversendai Corporation Bhd said it has received a termination notice from NEOM Company for its structural steel works contract at the Trojena Ski Village project in Saudi Arabia, effective March 26, citing...

"Penang Chief Minister Chow Kon Yeow will submit a report on revised quit rent rates affecting 370,000 land titles following discussions with DAP leadership." Penang, 24th March 2026, 12.20pm - Chow Kon Yeow said he will prepare a detailed report on the implementation of Penang’s revised quit rent (land tax) rates to be submitted to Anthony Loke Siew Fook, secretary-general of Democratic Action Party...

"JLand Group signs partnership with EdgeProp to strengthen property data analytics, digital transformation and market positioning in Johor’s real estate sector." Johor, 19th March 2026, 01.00pm - JLand Group Sdn Bhd (JLG), the real estate and infrastructure arm of Johor Corporation (JCorp), has entered a strategic partnership with property media and data platform EdgeProp Malaysia to enhance property...

"Paramount acquires a 3.7-acre Jalan Ampang land parcel for RM257.9 million to develop serviced apartments with RM1.1 billion GDV, with launch expected by 2026." Kuala Lumpur, 19th March 2026, 10.00am - Paramount Corporation Berhad is acquiring a 3.7-acre freehold commercial land parcel along Jalan Ampang Kuala Lumpur from IOI Properties Group Berhad for RM257.9 million, with plans to develop high-end...