KUALA LUMPUR: Matrix Concepts Holdings Bhd has handed over a RM50 million premium payment to the Negri Sembilan state government, marking a key milestone in the progress of Malaysia Vision Valley (MVV 2.0).

The amount represents the group’s premium payment for MVV City Plot C.

A mock cheque was presented by Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin to Menteri Besar Datuk Seri Aminuddin Harun.

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The sum will be channelled to the Bendahari Negeri, formalising the handover.

Matrix Concepts said the contribution underscores the strong public–private collaboration driving MVV City’s development, a strategically planned growth corridor aimed at spurring economic activity, creating jobs and supporting the state’s long-term development agenda.

“The RM50 million contribution represents a portion of the land conversion premium and underscores the group’s strong commitment to the development of MVV City.

“It also reflects Matrix Concepts’ confidence in the state’s long-term vision for the region,” it added.

The group said it remains committed to supporting Negri Sembilan’s development goals through strategic partnerships and investments, reaffirming its role in driving economic progress and community well-being in the state.