KLCCP Stapled declares record dividend as FY2025 earnings hit all-time high

KLCCP Stapled declares record dividend as FY2025 earnings hit all-time high

news

Updated:
  • KLCCP Stapled Group declared a record-high dividend of 47 sen per security for FY2025.
  • Their net profit surged 55.32% in 4Q, driven by significant fair value gains on properties.
  • Looking ahead, they anticipate increased competition in 2026 but remain optimistic about growth opportunities.
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Independent assessment confirms KLIA aerotrain system functioning as intended

Independent assessment confirms KLIA aerotrain system functioning as intended

news

Updated:
  • The KL International Airport aerotrain system is operating as intended.
  • No safety risks and the system achieved 100% operational availability in December 2025.
  • Malaysia Airports Holdings Bhd will continue to implement measures to enhance reliability.
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Nanta: Govt allocates RM350 mil to upgrade East-West Highway in Perak

Nanta: Govt allocates RM350 mil to upgrade East-West Highway in Perak

news

Updated:
  • The government has allocated RM350 million to upgrade the East-West Highway in Perak for safety and comfort.
  • Works Minister Nanta Linggi announced that RM170 million will widen roads at 17 locations, enhancing safety.
  • Additionally, RM40 million is set for maintenance work to improve road conditions throughout the year.
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Ahmad Maslan: Senai–Desaru Expressway upgrading 55% complete, due April 2027

Ahmad Maslan: Senai–Desaru Expressway upgrading 55% complete, due April 2027

news

Updated:
  • The Senai-Desaru Expressway upgrade is 55% complete and is expected to be ready by April 2027.
  • This RM160 million project spans 9.34 kilometers and aims to boost tourism in Desaru.
  • Traffic management during construction is efficient, ensuring smooth flow without disruptions.
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Penang MACC to call up more individuals over alleged zakat-funded land purchase

Penang MACC to call up more individuals over alleged zakat-funded land purchase

news

Updated:
  • The MACC will call more individuals for statements in a power abuse case.
  • The investigation involves a senior state official's land purchase using zakat funds.
  • The state government will give space to the MACC's probe and not interfere with it.
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Sentoria Group co-founder Gan Kim Leong sells out of PN17 firm

Sentoria Group co-founder Gan Kim Leong sells out of PN17 firm

news

Updated:
  • Sentoria Group Bhd's co-founder Datuk Gan Kim Leong has sold his indirect stake in Sentoria Capital.
  • Sentoria Capital is now jointly owned by Rock Base Development and Chan Ah Sin.
  • The group has been in the red since FY2019 and fell into PN17 status in December 2024.
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Anwar dismisses opposition’s claims that Malaysia ceded land to Indonesia as ‘nonsense’

Anwar dismisses opposition’s claims that Malaysia ceded land to Indonesia as ‘nonsense’

news

Updated:
  • Prime Minister Anwar Ibrahim again rejected claims that Malaysia ceded land to Indonesia.
  • He criticised the opposition for spreading false information and misusing freedom of speech.
  • “If they want clarification, they can ask the prime minister. Instead, they pass judgment and continue lying."
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MACC opens probe into alleged zakat fund land purchase abuse

MACC opens probe into alleged zakat fund land purchase abuse

news

Updated:
  • The Malaysian Anti-Corruption Commission is investigating a senior official for alleged power abuse.
  • The probe involves an alleged land purchase using zakat funds.
  • The Penang Islamic Religious Council is cooperating fully with the investigation.
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UMC signs 60-year lease with PDC for RM11.4 mil Batu Kawan industrial site

UMC signs 60-year lease with PDC for RM11.4 mil Batu Kawan industrial site

news

Updated:
  • UMediC Group Bhd has signed a 60-year lease for a 3.06-acre site in Batu Kawan Industrial Park.
  • The RM11.4 million investment will fund a new manufacturing facility to boost production capabilities.
  • This expansion aims to enhance operational efficiency and support long-term growth plans.
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MTAG to buy 7.5ha land in Johor Bahru for RM53.6 mil to expand industrial footprint

MTAG to buy 7.5ha land in Johor Bahru for RM53.6 mil to expand industrial footprint

news

Updated:
  • MTAG Group Bhd plans to acquire 7.54 hectares of land in Johor Bahru for RM53.58 million.
  • The land will enhance manufacturing capabilities, with part for future development or rental.
  • Approval for zoning conversion to industrial use is crucial for the group's expansion plans.
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