Metro Kajang Holding
What we found
47 Bandar Hillpark, Puncak Alam homeowners sued MKH Bhd and its wholly owned subsidiary Hillpark Resources Sdn Bhd in the Shah Alam High Court. They allege negligence over a retention pond that they say contributed to two floods within six months.
The evidence
Regulatory and legal
In Shah Alam High Court Civil Suit No. BA-22NCvC-546-11/2025, the court struck out the suit against the parent MKH Berhad on 12 March 2026, with RM1,500 costs awarded to MKH. The subsidiary Hillpark Resources filed a defence on 16 January 2026 and continues to defend the claim against it.
One more finding
The plaintiffs claim more than RM15 million. They also ask for court orders requiring the developer to rebuild the retention pond to Department of Irrigation and Drainage (JPS) specifications and appoint an independent engineer to audit it. The floods they cite happened on 29 December 2024 and 23 April 2025.
Corporate continuity
PositiveBatu 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.
3 more findings
Batu Kawan Bhd, through its wholly owned subsidiary Whitmore Holdings Sdn Bhd, agreed to buy a combined 47.7% of MKH Bhd for RM549.8mil at RM2 per share, which triggers a mandatory takeover offer and could lead to the company being taken private.
Batu Kawan and parties acting with it raised their MKH stake to 95.16%. They will compulsorily acquire the remaining shares under CMSA Section 222(1), Bursa Malaysia will suspend trading in MKH shares, and MKH's listing will be withdrawn.
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.
