IGB plans one-for-two bonus issue

IGB plans one-for-two bonus issue

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Updated:
  • IGB Bhd has proposed a bonus issue of one new share for every two shares held.
  • Issuance of 679.07 million new shares based on the group’s current share base of 1.358 billion shares.
  • The bonus issue is subject to shareholder approval and aims to enhance trading liquidity and participation.
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Central states’ collaboration targets RM24.5 bil annual GDP boost from E&E, pharma, halal sectors

Central states’ collaboration targets RM24.5 bil annual GDP boost from E&E, pharma, halal sectors

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Updated:
  • The Central Region Industrial Cluster Development Initiative aims to unify economic strengths across states.
  • It is projected to generate RM24.5 billion annually and create 5,000 jobs over five years.
  • Federal support and collaboration are essential for optimising resources and enhancing regional development.
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Central belt emerges as primary hub for chips, aerospace activity

Central belt emerges as primary hub for chips, aerospace activity

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Updated:
  • Malaysia's central region is emerging as a hub for semiconductors and aerospace industries.
  • Experts highlight land availability, strategic location, and state support as key attractions for investors.
  • However, talent retention poses a challenge, as young workers prefer gig jobs over traditional roles.
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IOI Properties partners Affin Bank to offer financing solutions

IOI Properties partners Affin Bank to offer financing solutions

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Updated:
  • IOI Properties Group has partnered with Affin Bank to offer financing solutions for property buyers.
  • AFFIN Home Reno/-i and Flexi Save/-i for residential and commercial properties.
  • Aims to enhance financial flexibility for buyers in selected developments across Klang Valley and Johor.
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A new generation of Malaysian homeowners is redefining what home means

A new generation of Malaysian homeowners is redefining what home means

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Updated:
  • In Malaysia, the concept of "home" is evolving for younger homeowners, becoming an emotional anchor.
  • New generation sees homes as multifunctional spaces that reflect identity, lifestyle, and family aspirations.
  • Homes are now seen as places for connection, creativity, and personal growth.
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Mr Men Little Miss magic visits Battersea Power Station on World Book Day

Mr Men Little Miss magic visits Battersea Power Station on World Book Day

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Updated:
  • Over 80 local school children visited Battersea Power Station dressed as Mr Men Little Miss characters!
  • They participated in storytelling activities, including a character trail and live draw-along sessions.
  • The event supports the National Year of Reading and aims to inspire a love for reading in the community.
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Magma to acquire LUMA Hotel in Kota Kinabalu for RM61m in cash-and-shares deal

Magma to acquire LUMA Hotel in Kota Kinabalu for RM61m in cash-and-shares deal

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Updated:
  • Magma Group Bhd plans to acquire the LUMA Hotel in Kota Kinabalu for RM60.9 million.
  • The deal includes 100% equity in HH Home Hotel Sdn Bhd and four buildings, enhancing its hotel portfolio.
  • Magma aims to strengthen recurring income and growth potential through this strategic investment.
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Sunway executives raise equity exposure as MACC reviews RM11b IJM takeover

Sunway executives raise equity exposure as MACC reviews RM11b IJM takeover

news

Updated:
  • Senior executives at Sunway Group increased their shareholdings amid an RM11 billion acquisition proposal.
  • The Malaysian Anti-Corruption Commission is investigating governance issues related to the takeover.
  • Despite scrutiny, Sunway shares have remained stable while IJM Corp's stock has faced pressure from investor concerns.
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Cross-border collaboration fuels Malaysia’s rise as Asean’s industrial crossroads

Cross-border collaboration fuels Malaysia’s rise as Asean’s industrial crossroads

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Updated:
  • Cross-border collaboration is boosting Malaysia's industrial growth, attracting foreign investments.
  • The country is positioned as a key production hub amid rising interest from global manufacturers.
  • Selangor’s southern districts are rapidly becoming Malaysia’s next logistics and manufacturing engine.
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