Symphony Life
What we found
Symphony Life Berhad was previously known as Bolton Bhd, and is one of the oldest property developers in Malaysia.
The evidence
5 claims across 3 areasRegulatory and legal
NegativeA court arbitration awarded RM16 million in damages plus interest to contractor Top International Engineering (Malaysia) Sdn Bhd for disputes on TWY @ Mont Kiara; Symphony Life's subsidiary SymLife Star Kiara failed to set aside the award, and the Court of Appeal dismissed both appeals on 22 May 2026, upholding the arbitrator's decision.
Corporate continuity
NegativeSymphony Union Suites Sdn Bhd, a wholly-owned subsidiary of Symphony Life Berhad, received a Winding Up Petition from Rainmakers Property Management Sdn Bhd dated 17 June 2025.
2 more findings
In 2024–2025, Symphony Life experienced a major boardroom restructuring after founder/chairman Tan Sri Mohamed Azman Yahya stepped down in April 2024 and sold shares to Muar Ban Lee Group Bhd, resulting in management changes and a shareholder feud between the CEO and former adviser.
Ownership and control of Symphony Life Berhad changed in 2024 when founder Tan Sri Mohamed Azman Yahya sold his shares in two blocks to Johor-based Muar Ban Lee Group Bhd in April and August, followed by a public boardroom tussle and director appointments.
Independent recognition
PositiveMenara Symphony, developed by Symphony Life Berhad, was named a winner in the Malaysia Property Award 2021 results published by FIABCI Malaysia, at a ceremony held on 29 March 2022.
