KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IOI Properties Group Bhd
has received the Securities Commission Malaysia’s approval for the establishment and proposed listing of IOIPG Malaysia Real Estate Investment Trust on Bursa Malaysia's Main Market.
Malaysian Resources Corporation Bhd
’s indirect wholly owned subsidiary, Subang Sentral Sdn Bhd, is disposing of 14.8 hectares of land in Cyberjaya, Selangor, to Digital Cosmos (S) Pte Ltd’s wholly owned subsidiary, Digital Cosmos Malaysia Sdn Bhd, for RM419.1mn.
EXSIM Hospitality Bhd secured an 80/20 revenue-sharing scheme for 395 serviced apartment units at The Stallionz @ Ipoh White Times Square.
Avaland Bhd
has celebrated the topping out of its 100% sold Amika Residences project in Subang Jaya ahead of its construction schedule.
DPS Resources Bhd
’s unit Shantawood Sdn Bhd has signed a memorandum of understanding with Hangyue Intelligent Electrical Co Ltd to explore the colocation of Chinese enterprises at a proposed 89-megawatt data centre facility in Bukit Rambai, Melaka.
NuEnergy Holdings Bhd
has accepted a letter of award worth RM44.5mn from a construction and engineering company in China to undertake mechanical, electrical and plumbing works for the development of a consumer landing station building for a data centre in Johor.
Sarawak Consolidated Industries Bhd
has entered into a co-development agreement with Inland World Sdn Bhd to jointly develop a high-rise residential project in Penampang, Sabah.
Vanzo Holdings Bhd has appointed Greatmart Development Ltd as the exclusive distributor of its products in Hong Kong, marking another step in the fragrance brand's regional expansion strategy.
TXCD Bhd has withdrawn its proposed regularisation plan after regulators said its proposal to transfer its listing to a new company while carving out its construction business amounted to a significant change in business direction under the Securities Commission Malaysia's Equity Guidelines.
LYC Healthcare Bhd
shares will be suspended from 10 August 2026 pending the submission of its annual report for FY26.
Vestland Bhd
has redesignated Datuk Liew Foo Heen and Datuk Seri Soo Sze Ching as joint group managing directors, effective immediately.
Paradigm Real Estate Investment Trust
’s 2QFY26 net property income rose by more than four times YoY to RM40.4mn, supported by strong revenue growth.
