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

FBM KLCI rises cautiously as optimism grows over second round of Middle East peace talks
Ringgit firm at 3.94 vs US$ on US-Iran talk optimism
Trading ideas: Sentoria, Affin, HLBank, MISC, Paos, Muhibbah, LYC, BMS, Wentel, TDM, Ocean Fresh, Country Heights, Empire
AWB demand to catalyse Keyfield growth
Sum Technology secures listing underwriter
Favourable view on TSH Indonesian expansion
Ocean Fresh unit faces additional tax assessments
ISF Group on track to fulfil its full-year new job win target of RM150mil
New outlets to fuel Well Chip growth in the coming years
Vietnam interbank rates stay elevated on tight liquidity

Others Also Read