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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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Sunway seeks renewal of buyback and RRPT mandates; EPF raises stake to 9.95%

Sunway seeks renewal of buyback and RRPT mandates; EPF raises stake to 9.95%

news

Updated:
  • Sunway Bhd plans to seek shareholder approval for RRPT mandates and share buyback at its AGM.
  • The Employees Provident Fund acquired 5,265,000 shares, raising its stake to 9.95%.
  • Details on financial thresholds or utilization were not disclosed in the announcements.
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Govt studying measures as construction costs rise, says Ahmad Maslan

Govt studying measures as construction costs rise, says Ahmad Maslan

news

Updated:
  • The govt is reviewing proposals to tackle rising construction material costs due to West Asia tensions.
  • Deputy Works Minister Ahmad Maslan noted that contractor feedback was gathered on industry conditions.
  • Recommendations include project time extensions, price controls, and targeted diesel subsidies.
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Chin Hin tops out Solarvest Suites in Bangsar South with 90% take-up

Chin Hin tops out Solarvest Suites in Bangsar South with 90% take-up

news

Updated:
  • Chin Hin Group Property Bhd has topped out Solarvest Suites, a 34-storey office development.
  • The project, valued at RM235 million, has a 90% take-up rate and focuses on sustainability.
  • It features modern office spaces, EV-charging facilities, and is near public transport options.
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Kwasa Land partners ParkCity to build 9,000 homes in Kwasa Damansara

Kwasa Land partners ParkCity to build 9,000 homes in Kwasa Damansara

news

Updated:
  • Kwasa Land Sdn Bhd is partnering with ParkCity Group for township development in Kwasa Damansara.
  • ParkCity will develop over 400 acres, including 9,000 residential units near key amenities.
  • The project aims to enhance liveability and sustainability, reflecting ParkCity's commitment to quality.
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Perda Halal Park expands with 10-acre Phase 2 development

Perda Halal Park expands with 10-acre Phase 2 development

news

Updated:
  • The Penang Regional Development Authority has launched Phase 2 of the Perda Halal Park.
  • This expansion includes new factory units to support SMEs in the northern region.
  • The park has been HALMAS-certified since 2011 and aims for RM25 billion in investments by 2030!
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I-Bhd enters SPA with Al Rajhi Bank for commercial asset at i-City Finance Avenue

I-Bhd enters SPA with Al Rajhi Bank for commercial asset at i-City Finance Avenue

news

Updated:
  • I-Bhd has signed a sale agreement with Alrajhi Bank Malaysia for a commercial property in i-City.
  • This acquisition marks the entry of an international Islamic bank into the township's commercial ecosystem.
  • The deal highlights institutional confidence in i-City's development as a financial hub.
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Singapore tables Bill to support RTS Link operations with Malaysia

Singapore tables Bill to support RTS Link operations with Malaysia

news

Updated:
  • Singapore has introduced the Cross-Border Railways Bill to support the RTS Link with Malaysia.
  • The Bill allows Malaysian CIQ operations in Singapore and vice versa, with designated areas for border checks.
  • Establishes reciprocal powers and protections for officers from both countries during their official duties.
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UOA REIT releases FY2025 annual report, sets April 29 for AGM

UOA REIT releases FY2025 annual report, sets April 29 for AGM

news

Updated:
  • UOA Real Estate Investment Trust has released its FY2025 annual and corporate governance reports.
  • The 14th annual general meeting is set for April 29 at Connexion Conference Centre, Kuala Lumpur.
  • The annual report covers the financial year ended Dec 31, 2025.
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MUI Properties bags RM80.8m cash in Bandar Springhill land disposal

MUI Properties bags RM80.8m cash in Bandar Springhill land disposal

news

Updated:
  • MUI Properties Bhd has sold 53 acres of land in Port Dickson for RM80.8 million.
  • The sale was finalised by its subsidiary, West Synergy Sdn Bhd, as per the agreement.
  • This transaction enhances liquidity while retaining part of the Springhill landbank.
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