Homelore

Metro Kajang

In Bandar Utama · completed 2003 to 2006

Now trading as MKH Berhad

Also known as Metro Kajang Holdings

How their buildings read

2 poor, 1 fair

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

What we found

MKH told Bursa Malaysia that 47 homeowners in Bandar Hillpark, Puncak Alam, had sued MKH and its subsidiary Hillpark Resources Sdn Bhd in the Shah Alam High Court for more than RM15 million. They allege that negligence over a retention pond caused floods on 29 Dec 2024 and 23 Apr 2025. MKH said it would contest the suit, arguing that it is not the township's developer and did not build the pond. No court has ruled on the claim.

The evidence

Corporate continuity

Positive

  • Batu Kawan Bhd was reported to be taking over control of MKH Bhd and its 65.3%-owned subsidiary MKH Oil Palm from the founding Chen family's vehicle Chen Choy & Sons Realty, with a possible mandatory general offer at around RM2 per share; the structure of the exercise and whether MKH would be taken private were not yet clear.

3 more findings

  • Batu Kawan Bhd's wholly owned subsidiary Whitmore Holdings Sdn Bhd agreed to acquire a combined 47.7% stake in MKH Bhd for RM549.8 million at RM2.00 per share, a 20.48% premium to MKH's last traded price of RM1.66, triggering a mandatory takeover offer for the remaining MKH shares.

  • Batu Kawan's unit completed its acquisition of MKH and increased its direct shareholding in the property developer to 50.9% from 32.8%, gaining control of the company.

  • MKH Berhad was originally incorporated as Srijang Bena Sdn Bhd, and was rebranded as Metro Kajang Holdings Berhad in 1995 in conjunction with its listing on the Main Market of Bursa Securities Malaysia, before being renamed MKH Berhad in 2011.

Their buildings

Pelangi Astana: The tower rising above the podium shops along the streetPelangi AstanaBandar Utama · 2003Built on solid soil (not mining pool reclamation), which residents regard as a positive investment signal. Minimal resident complaint or maintenance chatter appears in published sources; property marketing emphasises secure location and retail integration.6.4FairPelangi Damansara Sentral: the blocks above the car-park podium, behind a landscaped slopePelangi Damansara SentralBandar UtamaA used baby diaper was left in the level 5 lift, and the person who saw it complained that the cleaners are not personal maids.5.8PoorPelangi Utama: the pool beneath its white canopyPelangi UtamaBandar Utama · 2006Convenient because of shopping mall and shops.5.8Poor