JS-SEZ investment blueprint, master plan to be launched March 30 in Johor Bahru

JS-SEZ investment blueprint, master plan to be launched March 30 in Johor Bahru

news

Updated:
  • The Johor–Singapore Special Economic Zone (JS-SEZ) blueprint will launch on March 30 in Johor Bahru.
  • Economy Minister Akmal Nasrullah emphasised its goal to reshape Johor's economy and create over 20,000 jobs.
  • He urged all stakeholders to focus on delivering measurable outcomes aligned with the 13th Malaysia Plan.
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MCorp, Teladan Group jointly launch Phase 1 of German Technology Park in Melaka

MCorp, Teladan Group jointly launch Phase 1 of German Technology Park in Melaka

news

Updated:
  • Melaka Corporation and Teladan Group launched Phase 1 of the 418.63-acre German Technology Park in Jasin.
  • The first managed industrial park in Melaka includes 45 terraced factories and 64 semi-detached factories.
  • Melaka aims to attract RM10 billion in investments by 2030, focusing on German-linked technology and industries.
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High cost derails Putrajaya's proposed trackless tram system

High cost derails Putrajaya's proposed trackless tram system

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Updated:
  • Putrajaya Corporation has halted the Automated Rapid Transit (ART) project due to financial unviability.
  • The estimated cost of RM211.95 million exceeded PPj's budget capacity, leading to this decision.
  • PPj is exploring alternative transport solutions and partnerships to address traffic congestion in the area.
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Wait for university study before deciding on KL mayoral polls, says Nga

Wait for university study before deciding on KL mayoral polls, says Nga

news

Updated:
  • Housing Minister Nga Kor Ming urged patience for the IIUM study on Kuala Lumpur's mayoral elections.
  • He emphasised the importance of expert assessments before presenting findings to the Cabinet.
  • Nga also highlighted historical context and the need for performance over identity in leadership roles.
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EPF lifts stake in IJM to 20.4%

EPF lifts stake in IJM to 20.4%

news

Updated:
  • The Employees Provident Fund has increased its stake in IJM Corporation to 20.4%, becoming the largest shareholder.
  • No transaction price was disclosed, but EPF is estimated to have spent around RM11.11 million on that day base
  • The company denies claims of financial fraud and is cooperating with authorities during the ongoing probe.
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GDB revamps board amid shareholding reshuffle

GDB revamps board amid shareholding reshuffle

news

Updated:
  • GDB Holdings Bhd announced boardroom changes due to shifts in its shareholding structure.
  • Clement Wong is the new chairman, while Dasmand Wong has been appointed as executive director.
  • Significant shareholding changes include Andy Lai becoming a substantial shareholder and GDB securing two road contracts in Sarawak.
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Amid MACC probe, IJM chairman says has ‘full confidence in enforcement process and laws’

Amid MACC probe, IJM chairman says has ‘full confidence in enforcement process and laws’

news

Updated:
  • IJM chairman Tan Sri Krishnan Tan was briefly detained by the MACC but has expressed confidence in the legal process.
  • IJM maintains strong governance and is cooperating fully with the ongoing investigation into money laundering allegations.
  • The company assures that its operations continue normally while it upholds integrity and compliance standards.
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Matang expands durian footprint with RM18.2 mil land acquisition in Tangkak

Matang expands durian footprint with RM18.2 mil land acquisition in Tangkak

news

Updated:
  • Matang Bhd is expanding its durian plantation by acquiring 10 land parcels in Johor for RM18.2 million.
  • This acquisition will increase their plantation area to 1,170.02 hectares, enhancing durian production.
  • The company aims to explore downstream opportunities and agri-tech solutions to boost efficiency and revenue.
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WCT plans RM5b sukuk wakalah to fund working capital, debt refinancing

WCT plans RM5b sukuk wakalah to fund working capital, debt refinancing

news

Updated:
  • WCT Holdings Bhd has proposed a RM5 billion sukuk wakalah programme for working capital and refinancing.
  • The sukuk will have a perpetual tenure, with options for sustainability-linked issuances.
  • The group’s outstanding order book stood at RM2.32 billion, while its tender book exceeded RM11 billion.
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E&O launches Seri Embun, low-density homes in City of Elmina with green surroundings

E&O launches Seri Embun, low-density homes in City of Elmina with green surroundings

news

Updated:
  • Eastern & Oriental Bhd launched Seri Embun, a low-density residential community in City of Elmina.
  • The development features 360 spacious homes designed for multigenerational living and wellness.
  • Sustainability is prioritised with energy-efficient designs and green spaces, promoting a tranquil lifestyle.
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