KUALA LUMPUR (Jan 19): WM Senibong Bhd has completed the acquisition of Kews Senibong Sdn Bhd and the landholdings of Senibong Golf Club from Walker Corporation Pty Ltd for RM400 million. According to a statement on Monday, the transaction adds approximately 270 acres of mixed-use development land located in Iskandar Puteri, Johor, to the group’s portfolio. “The Kews land bank is exceptionally valuable, not only for its size and location, but for what it allows us to create,” said Quay. To date, Kews Senibong has posted annual sales growth of between 25% and 30%, driven primarily by local demand. Its first phase, Kew Green 1, launched in December 2024, was fully sold within three months.

Source: The Edge Markets January 19, 2026 02:59 UTC