In a filing with Bursa Malaysia on Friday, DXN said it has issued a 30-day notice of termination to both MMHO and EW. KUALA LUMPUR (Jan 31): DXN Holdings Bhd (KL:DXN) said it is terminating its plan to develop a medicine facility and a wellness centre due to a lack of progress and failure to…
Read MoreKUALA LUMPUR (Jan 28): Loss-making construction company Ecobuilt Holdings Bhd (KL:ECOHLDS) has proposed a share capital reduction to wipe out its accumulated losses, as well as a rights issue to raise fresh capital. The capital reduction exercise will involve reducing RM35 million of its RM67.96 million share capital, according to the company’s bourse filing on…
Read MoreKUALA LUMPUR (Jan 28): Taghill Holdings Bhd (KL:TAGHILL) said it is not proceeding with a RM38.88 million contract to build a 15-storey columbarium in the city centre due to escalating material costs. Taghill’s wholly owned unit Siab (M) Sdn Bhd has agreed with the client, City Centre Columbarium Bhd, to mutually terminate the contract awarded…
Read MoreTrinity Pentamont triumphs at MIPPEA 2024 with Silver Award for design excellence Trinity Group’s development earns recognition for innovation and luxury living KUALA LUMPUR (Jan 28): Trinity Pentamont has won the prestigious Silver Award for design excellence (micro scale development) in the compact strata development (Below 20 acres) category at the Malaysian Institute of Planners…
Read MoreKUALA LUMPUR (Jan 27): Ekovest Bhd (KL:EKOVEST) and Knusford Bhd (KL:KNUSFOR) have agreed to have another six months to discuss a merger deal worth RM450 million. Under the proposal, Ekovest will dispose of its entire stake in Ekovest Construction Sdn Bhd (ECSB) to Knusford for RM450 million. Knusford will finance the purchase via the issuance…
Read MoreKUALA LUMPUR (Jan 27): Property developer Symphony Life Bhd (KL:SYMLIFE) has emerged as the largest shareholder of Vizione Holdings Bhd (KL:VIZIONE) with a 25.88% stake, after subscribing to the entire private placement by Vizione. Symphony Life’s wholly owned unit Symphony Life Capital subscribed to the entire 143 million shares offered under Vizione’s private placement for…
Read MoreTUAH 1895 grand opening unveils new hub of food, culture, lifestyle at Bukit Bintang City Centre “TUAH 1895 is more than just a place to dine, it is a space where people come together to enjoy exceptional food, connect with one another, and experience the vibrant energy of Kuala Lumpur,” said BBCC Development Sdn Bhd…
Read MoreKUALA LUMPUR (Jan 24): After spending RM719.4 million to acquire eight new assets in 2024, Axis Real Estate Investment Trust (Axis REIT) (KL:AXREIT) said it will continue to aggressively source potential acquisition targets, particularly industrial properties. Axis REIT Managers Bhd chief executive officer and executive director Leong Kit May (pictured) shared that the REIT is…
Read MoreScientex, EdgeProp Malaysia, AFFIN BANK forge partnership to launch exclusive homebuyer rewards for Mori Residences 2 The campaign offers START members with rewards worth more than RM55,000 when they buy duplex units (starting from RM663,000) and penthouse units (starting from RM998,000) at Mori Residences 2 at Rawang. RAWANG (Jan 23): Scientex Bhd has entered into…
Read MoreMah Sing’s top management commemorate the momentous 30th Anniversary milestone with a sand-pouring gambit. Mah Sing Group Bhd (Mah Sing) commemorated its momentous 30th Anniversary milestone during its annual dinner, bringing together 700 employees nationwide to honour three decades of innovation, growth and achievements in the property industry. Themed A Luminous Gala, the celebration highlighted…
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