Loke backs call for heavier penalties against cable thieves

Loke backs call for heavier penalties against cable thieves

news

Updated:
  • Transport Minister Anthony Loke advocates for harsher penalties for public transport cable theft.
  • He emphasises that such thefts disrupt operations and cause significant financial losses.
  • Loke also highlights the need for stricter measures against drug abuse among heavy vehicle drivers.
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PNB yet to decide on Sunway's offer for IJM Corp stake

PNB yet to decide on Sunway's offer for IJM Corp stake

news

Updated:
  • Permodalan Nasional Bhd (PNB) is evaluating Sunway Bhd's offer to acquire shares in IJM Corporation.
  • Sunway proposed a takeover of 3.51 billion IJM shares at RM3.15 each, totaling about RM11 billion.
  • PNB holds less than 13.5% of IJM and will make its decision based on internal assessments and governance.
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AIMS closes land deal, to build RM4 bil data centre in Cyberjaya

AIMS closes land deal, to build RM4 bil data centre in Cyberjaya

news

Updated:
  • AIMS has acquired 10 acres in Cyberjaya for a RM4 billion data centre, set to support AI computing.
  • The facility will have a capacity of up to 200 megawatts and is expected to be completed by 2027.
  • This investment aligns with Malaysia's goal of boosting its digital economy to 30% of GDP by 2030.
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KL Wellness City celebrates CNY with RM1,000 health vouchers, helipad and hospital progress

KL Wellness City celebrates CNY with RM1,000 health vouchers, helipad and hospital progress

news

Updated:
  • KL Wellness City launched its "Kongsi Cahaya" celebration for the 2026 Chinese New Year.
  • The event featured local performances and support for orphanages, emphasising community spirit.
  • Progress on healthcare facilities like the Kuala Lumpur International Hospital is on track.
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Haily clinches RM48 mil double-storey housing contract in Skudai

Haily clinches RM48 mil double-storey housing contract in Skudai

news

Updated:
  • Haily Group Bhd has secured a RM48.21 million contract for double-storey houses in Johor.
  • The project, awarded to Haily Construction, will start on Feb 23 and includes three sections.
  • This contract boosts Haily's total secured contracts to RM1.3 billion, enhancing its earnings visibility.
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BCorp redesignates Nerine Tan to CEO

BCorp redesignates Nerine Tan to CEO

news

Updated:
  • Berjaya Corp Bhd has appointed Nerine Tan as CEO, following Vivienne Cheng's retirement.
  • Berjaya True Ascend, linked to Vincent Tan, acquired a 6.241% stake in Berjaya Corp.
  • This acquisition increased Chee Yioun's total stake to 27.106%.
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Tropicana kicks off CNY campaign with RM2.89m rewards; new show units of Genting Highlands, Langkawi, Johor projects in PJ gallery

Tropicana kicks off CNY campaign with RM2.89m rewards; new show units of Genting Highlands, Langkawi, Johor projects in PJ gallery

news

Updated:
  • Tropicana Corporation Bhd launched its CNY campaign with new show units and a brand film.
  • The campaign features exclusive rewards and runs until Feb 28, covering 11 developments.
  • Future projects will focus on resort-style living in Genting Highlands, Cyberjaya, and Langkawi.
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Housing minister sees domestic property transactions topping RM250b in 2026

Housing minister sees domestic property transactions topping RM250b in 2026

news

Updated:
  • Malaysia's property market is projected to exceed RM250 billion in transactions this year.
  • Homeownership stands at 76.5%, surpassing many developed nations, with efforts to boost income levels.
  • The government has introduced a RM40 billion Housing Credit Guarantee Scheme to assist first-time homebuyers.
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New WORQ Well brand opens at KL Eco City with full occupancy

New WORQ Well brand opens at KL Eco City with full occupancy

news

Updated:
  • WORQ has launched WORQ Well, a coworking sub-brand, achieving full occupancy on its first day.
  • The facility spans 34,300 sq ft, accommodating 500 members with amenities like a swimming pool.
  • WORQ Well is the first in Malaysia to receive the WELL Coworking Rating.
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OSK Property partners RHB to launch green financing scheme

OSK Property partners RHB to launch green financing scheme

news

Updated:
  • OSK Property Holdings Bhd and RHB Banking Group launched a green financing scheme for homebuyers.
  • Eligible buyers can access up to 110% financing for green-certified homes in selected developments.
  • This initiative aims to enhance financial accessibility and promote sustainable homeownership in Malaysia.
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