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2 days ago | 
edgeprop.my | John Lai
The deal allows MGB to start getting approvals and launch the project in the third quarter, which is expected to take four years to complete. KUALA LUMPUR (April 22): MGB Bhd proposes to settle RM7.23 million with joint venture partner Aset AZG Sdn Bhd (AASB) to kick start a serviced apartment project in Cameron Highlands which has been on the back burner for six years.
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1 week ago | 
edgeprop.my | John Lai
SkyWorld is buying the land, which could fit about 10 Olympic-sized swimming pools, from M S Tan Corporation Sdn Bhd, a wholly-owned subsidiary of MS Tan Holdings Sdn Bhd. KUALA LUMPUR (April 16): SkyWorld Development Bhd (KL:SKYWLD) is acquiring a freehold plot in Mont’Kiara measuring 3.032 acres for RM110 million, to develop high-end residential properties.
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1 week ago | 
edgeprop.my | John Lai
The sale of the property to an investment firm, Airique Property Sdn Bhd, is expected to be completed by the third quarter of 2025, with an estimated net pro forma gain of RM4.96 million accruing to Hextar Technologies, according to a bourse filing on Wednesday. KUALA LUMPUR (April 14): Hextar Technologies Solutions Bhd (KL:HEXTECH) said the group is selling a three-acre industrial land together with a warehouse and office building in Pasir Gudang, Johor, for RM16 million.
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2 weeks ago | 
edgeprop.my | John Lai
Hydroshoppe and MKLSB initiated legal action including against LSHSM and the government, as they alleged contractual breaches and misconduct that led to the award of the concession to LSH Service Master.
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2 weeks ago | 
edgeprop.my | John Lai
Radium Development said its wholly owned healthcare unit, A Famosa Specialist Hospital (Malacca) Sdn Bhd (AFSH), plans to construct a hospital on a 7.11-acre site in Bukit Katil, Melaka. KUALA LUMPUR (April 4): Property developer Radium Development Bhd (KL:RADIUM) has announced its entry into the healthcare sector with plans to operate a 140-bed hospital in Melaka.
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3 weeks ago | 
edgeprop.my | John Lai
The group said it expects the rghts issue of one new share for every two shares held at 20 sen per share, totalling 273.82 million shares, to raise RM54.76 million. KUALA LUMPUR (March 28): Kerjaya Prospek Property Bhd (KL:KPPROP) has proposed a rights issue of shares and redeemable convertible unsecured loan stocks (RCULS) to raise up to RM147.18 million, mainly to fund property development projects and repay loans.
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4 weeks ago | 
edgeprop.my | John Lai
According to a bourse filing, the purchase was made through its wholly-owned subsidiary, GUH eBattery Sdn Bhd, from vendor Rich Court Estate Sdn Bhd. KUALA LUMPUR (March 28): Electronic circuit board maker and property company GUH Holdings Bhd (KL:GUH) has announced its acquisition of 27.22 hectares of land in Semenyih for RM71.76 million. According to a bourse filing, the purchase was made through its wholly-owned subsidiary, GUH eBattery Sdn Bhd, from vendor Rich Court Estate Sdn Bhd.
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4 weeks ago | 
edgeprop.my | John Lai
Vun was the former MD and shareholder of FTEC Resources Bhd, which morphed into Tecasia Bhd and later Mangotone Bhd, before being delisted in 2010. KUALA LUMPUR (March 26): Property developer Symphony Life Bhd (KL:SYMLIFE) has named Datuk Kenneth Vun Yun Liun (pictured) as its new managing director. This came less than a month after XOX Bhd (KL:XOX), the largest shareholder of Symphony Life with a 14.84% stake, made Vun its MD on Feb 28.
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1 month ago | 
edgeprop.my | John Lai
The scope includes installing artificial intelligence-enabled closed-circuit camera systems and establishing a smart integrated operations centre. The 15-year contract runs from March 25, 2025 to March 24, 2040, according to a bourse filing on Wednesday. KUALA LUMPUR (March 26): ITMAX System Bhd (KL:ITMAX) has secured a RM30.24 million contract from the Pengerang Municipal Council (MPP) in Johor to implement smart surveillance systems.
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1 month ago | 
edgeprop.my | John Lai
This development follows Aberdeen's acquisition of 124.317 million shares in the Penang-based property developer through three separate transactions last week. KUALA LUMPUR (March 25): UK-based investment company Aberdeen Group plc, formerly known as Abrdn plc, has become a substantial shareholder in Eastern & Oriental Bhd (KL:E&O) after increasing its stake to 5.047%, representing 125.66 million shares.
