SkyWorld Development
How their buildings read
2 poor, 1 fair
Outcomes still vary building by building. Check the building, not the brochure.
What we found
The High Court (Lim Chong Fong J, 2019) dismissed the SkyWorld Development plaintiffs' trademark infringement, passing off and unlawful interference claims against the defendants, a ruling later examined by the Court of Appeal.
The evidence
Regulatory and legal
The Malaysian Federal Court (Putrajaya appellate jurisdiction, Civil Appeal 02(f)-50-09/2020(W)) heard an appeal in a trademark dispute between SkyWorld Development Sdn Bhd and SkyWorld Holdings Sdn Bhd and others; the case concerned the 'SkyWorld' name rather than any delivery or construction failure.
One more finding
SkyWorld Development Berhad holds a KPKT developer registration (licence 13715/09-2028/0621(R)), and a related entity SkyWorld Mutiara Development Sdn Bhd is also registered with KPKT (code 31075).
Corporate continuity
PositiveBursa announcement records show SkyWorld terminated a Vietnam memorandum of understanding with SkyVenue Land Group and SkyBridge Company after it lapsed on 14 July 2025, which the board said had no material financial impact.
3 more findings
Media reported SkyWorld acquired a 5.508-hectare Setiawangsa site for RM176 million in 2019 through subsidiary SkySierra Development, with a stated GDV of RM776 million; this is a land-banking fact, not a delivery record.
SkyWorld's listing history shows its IPO was approved by the Securities Commission in May 2023 and it premiered on Bursa's Main Market in July 2023 at RM0.80 per share.
The listed entity was formerly SkyWorld Development Sdn Bhd and changed its name to SkyWorld Development Berhad in September 2022, per Yahoo Finance's company profile.