Malton

Mostly in Bukit Jalil · completed 1999

Trades as Malton Berhad

Also known as Malton Berhad Group, Malton Bhd

How their buildings read

2 poor, 3 fair, 1 good

Outcomes still vary building by building. Check the building, not the brochure.

What we found

In December 2021 the executive chairman, Tan Sri Desmond Lim Siew Choon, held a 43.33% stake in Malton, and Malton's subsidiary Regal Path Sdn Bhd started talks to sell Pavilion Bukit Jalil Mall to Pavilion REIT.

On 18 April 2023 the Federal Court upheld the Court of Appeal's 2021 order quashing DBKL's 2017 development order for luxury serviced apartments by Malton subsidiary Memang Perkasa Sdn Bhd on Taman Rimba Kiara land. It found the mayor's decision was affected by conflict of interest or bias, because the mayor was a trustee of the landowner and joint-venture partner YWP.

The evidence

Regulatory and legal

Negative
  • The Federal Court ordered Memang Perkasa to pay RM70,000 in costs to the residents, and Malton said it was assessing the financial hit from having its 51%-owned unit's project quashed.

Corporate continuity

Negative
  • Malton's wholly-owned subsidiary Domain Resources Sdn Bhd was served on 2 June 2022 with a winding-up petition dated 23 May 2022, filed by Kejuruteraan Asastera Berhad under sections 465(1)(e) and 466(1)(a) of the Companies Act 2016, and Malton disclosed this on 7 June 2022. How the petition ended is unknown.

One more finding
  • Malton Berhad assumed its present name on 20 February 2002, after the Khuan Choo Group, Domain Group and Bukit Rimau Development, whose roots traced back to 1980, were injected into the previously listed Gadek Capital Berhad, culminating in its re-listing on the Main Board of Bursa Malaysia.

Independent recognition

Positive
  • Malton Bhd's Bukit Jalil City won the FIABCI Malaysia Property Award 2025 for outstanding Commercial Master Plan, and the company's Pavilion Bukit Jalil separately received the World Gold Award (Retail) among its recent international awards.

One more finding
  • Malton won the FIABCI Malaysia Property Award 2025 for Outstanding Commercial Master Plan for its Bukit Jalil City township, after an earlier FIABCI World Prix d'Excellence award.

Their buildings