Property News Archives

GDB faces potential delay in debt recovery as 8 Conlay developer faces judicial management bid

Jan 1, 1970

KUALA LUMPUR (June 23): Construction firm GDB Holdings Bhd (KL:GDB) may face further delays in recovering more than RM140 million in court-awarded claims after a creditor filed an application to place 8 Conlay project developer Damai City Sdn Bhd (DCSB) under judicial management. In a filing with Bursa Malaysia on Monday, GDB said its wholly…
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ECRL diversion into Kuantan Port ready by year end, says deputy minister

Jan 1, 1970

KUALA LUMPUR (March 11): Construction of the diversion alignment for the East Coast Rail Link (ECRL) project into the operational area of Kuantan Port is expected to be completed by the end of this year, the Dewan Negara was told on Wednesday. Deputy Transport Minister Datuk Hasbi Habibollah said the implementation of the alignment is…
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SD Guthrie, Selangor govt explore massive 5,000-acre development on Carey Island

Jan 1, 1970

KUALA LUMPUR (Feb 27): SD Guthrie Bhd (KL:SDG) and the Selangor state government have entered a strategic partnership to explore a massive integrated development on Carey Island that is set to be a “critical component” of the Carey Island Port—the planned third terminal for Port Klang. A memorandum of understanding (MOU) was inked between the…
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Encorp inks initial pact for Felda staff housing project

Jan 1, 1970

KUALA LUMPUR (June 5): Encorp Bhd (KL:ENCORP) has signed an initial pact that may lead to a contract to build staff housing for the Federal Land Development Authority. The memorandum of understanding (MOU) sets out the intention of the agency also known as Felda to appoint Encorp as the contractor for the proposed project, pending…
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Super-scale home designed for vibrant connection with family, friends

Jan 1, 1970

This article appeared in the May 12, 2026 issue of the monthly print edition. Subscribe now. It is termed a bungalow — but it’s not just any standard bungalow. Situated in a vibrant Kuala Lumpur suburb, the expansive 15,000 sq ft residence sitting on two plots totalling a massive 20,000 sq ft is more like…
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Tanco MD buys shares from younger brother as shares slip yet again

Jan 1, 1970

KUALA LUMPUR (June 23): Tanco Holdings Bhd (KL:TANCO) group managing director Datuk Seri Andrew Tan Jun Suan bought shares from his younger brother Edwin Tan Kium Suan on Monday. Jun Suan sold 28.5 million shares or a 0.473% stake on the open market at 15.6 sen apiece last Thursday, as well as another block of…
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A1 A.K. Koh to acquire Puchong land for RM16.73 mil to develop central region headquarters

Jan 1, 1970

PETALING JAYA (April 20): A1 A.K. Koh Group Bhd’s wholly-owned subsidiary A.K. Koh Enterprise Sdn Bhd (AKK Enterprise) has entered into a sale and purchase agreement (SPA) to acquire a parcel of 99-year leasehold land in Pekan Puchong Jaya, Daerah Petaling, Selangor for RM16,728,740, to be satisfied entirely in cash. The land, measuring approximately 1.01…
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MACC finds no graft in KL retention pond probe, tells DBKL to step up monitoring

Jan 1, 1970

KUALA LUMPUR (May 15): The Malaysian Anti-Corruption Commission (MACC) has reminded Kuala Lumpur City Hall (DBKL) to tighten monitoring of development projects near flood retention ponds in the federal capital. MACC senior investigations director Datuk Mohd Hafaz Nazar said the reminder was issued in 2023 after investigations into the approval of development projects near the…
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