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Tien Wah, Singapore-listed Lum Chang JV to develop data centre in Section 13, Petaling Jaya

Tien Wah, Singapore-listed Lum Chang JV to develop data centre in Section 13, Petaling Jaya

news

Updated:
  • Lum Chang Tien Wah Property Sdn Bhd has partnered with MyTelehaus Sdn Bhd to develop a data centre.
  • The project will utilize 1.61 acres of land in Petaling Jaya, with revenue shared based on capital expenditure.
  • This venture aligns with LCTWP's strategy to optimize land value amid rising demand for data centre infrastructure.
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Retail association calls for deferment, review of service tax on utilities bills

Retail association calls for deferment, review of service tax on utilities bills

news

Updated:
  • The MRCA wants the government to defer and review the imposition of a new service tax.
  • This tax on utilities for commercial tenants could cause double taxation.
  • They seek urgent talks to find a fair solution.
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Battersea Power Station expands 'A Station of Stories' with summer literary programme

Battersea Power Station expands 'A Station of Stories' with summer literary programme

news

Updated:
  • Battersea Power Station (BPS) launches a summer literary programme.
  • The centrepiece of the summer programme is a month-long Mr. Men Little Miss takeover from Aug 3-30.
  • BPS will also host 'A Station of Stories: In Conversation with Young Adult Authors' on Aug 23.
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Free rides on LRT3 Shah Alam line extended till Aug 14

Free rides on LRT3 Shah Alam line extended till Aug 14

news

Updated:
  • LRT3 free service is extended to August 14.
  • This allows more users to try the new transport system.
  • It aims to boost public transport use and confidence.
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SDS Group seeks shareholder approval for RM101.7m Johor land acquisition to support planned manufacturing expansion

SDS Group seeks shareholder approval for RM101.7m Johor land acquisition to support planned manufacturing expansion

news

Updated:
  • SDS Group Bhd plans to acquire land in Tebrau, Johor Bahru for RM101.7 mil.
  • This acquisition will support the group's manufacturing expansion.
  • The land is strategically located near existing facilities, improving efficiency.
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CLMT fixes DRP issue price at 53.87 sen, announces Bursa approval for up to 170 mil new units

CLMT fixes DRP issue price at 53.87 sen, announces Bursa approval for up to 170 mil new units

news

Updated:
  • CapitaLand Malaysia Trust (CLMT) set its DRP issue price at 53.87 sen per unit.
  • This relates to its first income distribution for the six months ended June 30, 2026.
  • Unitholders can reinvest or receive cash, with new units listing on Sept 23.
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Singapore takes possession of Lee Kuan Yew's 38 Oxley Road home, public space options under study

Singapore takes possession of Lee Kuan Yew's 38 Oxley Road home, public space options under study

news

Updated:
  • The Singapore government has acquired 38 Oxley Road, Lee Kuan Yew's former home, for preservation.
  • The acquisition means the site cannot be redeveloped for residential, commercial or other private uses.
  • This ends a dispute over its future, prioritising heritage over redevelopment.
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Johor-Singapore SEZ master plan to be unveiled in December, says economy minister

Johor-Singapore SEZ master plan to be unveiled in December, says economy minister

news

Updated:
  • The Johor-Singapore Special Economic Zone (JS-SEZ) master plan launches in December.
  • Prime Ministers of Malaysia and Singapore will jointly launch it.
  • This plan aims to boost JS-SEZ as a regional investment hub.
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Kumpulan Jetson forensic review finds irregularities in payments, ESOS implementation

Kumpulan Jetson forensic review finds irregularities in payments, ESOS implementation

news

Updated:
  • Kumpulan Jetson Bhd's forensic review found anomalies in disputed payments and an ESOS.
  • Payments lacked proper documentation and approvals.
  • The ESOS did not follow its by-laws.
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Hua Yang eyes more active FY2027 as project pipeline gathers pace after transitional year

Hua Yang eyes more active FY2027 as project pipeline gathers pace after transitional year

news

Updated:
  • Hua Yang Bhd anticipates FY2027 will be a pivotal year for growth.
  • They are expanding their landbank and accelerating project launches.
  • Despite recent losses, the company remains cautiously optimistic for the future.
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Tien Wah, Singapore-listed Lum Chang JV to develop data centre in Section 13, Petaling Jaya