Matrix Concepts hands over MVV premium payment


Towards progress: (From left) Matrix Concepts executive director Kelvin Lee, Matrix Concepts founder and group executive deputy chairman Datuk Seri Lee Tian Hock, Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin and Aminuddin at the event.

PETALING JAYA: Matrix Concepts Holdings Bhd has handed over a RM50mil premium payment to the Negri Sembilan state government for the Malaysia Vision Valley (MVV 2.0) project.

In a statement, the property developer said the contribution represents Matrix Concepts’ premium payment for MVV City Plot C.

The mock cheque was presented by its chairman, Datuk Mohamad Haslah Mohamad Amin, to Negri Sembilan Mentri Besar Datuk Seri Aminuddin Harun.

Matrix Concepts said the symbolic handover underscores the public–private collaboration driving MVV City, a planned growth corridor designed to spur economic activity, create jobs and support Negri Sembilan’s long-term development agenda.

“MVV City is a transformative project for Negri Sembilan, and Matrix Concepts is honoured to contribute to its momentum.

“The RM50mil contribution represents a portion of the land conversion premium and underscores the group’s strong commitment to the development of MVV City.

“It also reflects Matrix Concepts’ confidence in the state’s long-term vision for the region.

“The group looks forward to working closely with the state government to shape MVV City into a dynamic and sustainable hub that will benefit communities for generations to come,” Matrix Concepts said.

Looking ahead, Matrix Concepts remains dedicated to supporting Negri Sembilan’s developmental aspirations through strategic partnerships and impactful investments, reaffirming its role as an active contributor to the state’s economic progress and community well-being.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa poised to perform better next year
SIB disposes of Seremban land for RM25mil
Malaysia’s AAA sovereign rating affirmed
Nexgram focuses on core operations
Cahya Mata’s phosphate plant gradually ramping up
Borneo Oil’s associate seeks Nasdaq listing
Nam Cheong nets US$20.5mil in vessel sale
Trive Property to bank on its rental income
Perak Transit eyes growth from terminal expansion
Consumer sector posts ESG compliance gains

Others Also Read