Johor denies data centres cause of Pontian, Simpang Renggam water supply disruption

Johor denies data centres cause of Pontian, Simpang Renggam water supply disruption

news

Updated:
  • The Johor govt dismissed claims linking water supply issues in Pontian and Simpang Renggam to data centres.
  • Scheduled disruptions are due to low raw water levels from drought, not data centre development.
  • Cloud seeding operations are underway to improve water levels and mitigate the situation.
Read More
Seal hands over control of 31.5-acre Penang reclamation project to property developer GSD Land

Seal hands over control of 31.5-acre Penang reclamation project to property developer GSD Land

news

Updated:
  • Seal Inc Bhd is transferring control of its Penang reclamation project to Titanium Greenview Sdn Bhd.
  • This partnership reduces Seal's financial risk while retaining a 17.66% stake in Mutiara Waterfronts.
  • The collaboration aims to revive the project and is expected to be effective by the second quarter of 2026.
Read More
Johan Holdings’ unit to sell Lumut hotel and adjoining land for RM47.4m

Johan Holdings’ unit to sell Lumut hotel and adjoining land for RM47.4m

news

Updated:
  • Johan Holdings Bhd is selling a hotel and land in Lumut for RM47.43 million, nearly doubling its market cap.
  • The properties were sold below market value, with the hotel at RM32.96 million, a 1.03% discount.
  • The sale is pending shareholder approval and is expected to complete by 3Q2026.
Read More
PM calls for Kuala Lumpur and Selangor Chinese Assembly Hall conservation, heritage recognition

PM calls for Kuala Lumpur and Selangor Chinese Assembly Hall conservation, heritage recognition

news

Updated:
  • Prime Minister Anwar Ibrahim urged conservation of the 100-year-old KLSCAH building in Kuala Lumpur.
  • He tasked Minister Hannah Yeoh and Mayor Datuk Fadlun Mak Ujud to coordinate efforts for its recognition.
  • The building serves as a welfare centre for the Chinese community and needs government recognition.
Read More
Dust concerns near Gelang Patah data centre site prompt enforcement review

Dust concerns near Gelang Patah data centre site prompt enforcement review

news

Updated:
  • Residents near the Nusajaya 2 Industrial Park raised concerns about dust pollution and construction hours.
  • Developer Tropicana Firstwide agreed to enhance dust mitigation measures and consider residents' CSR requests.
  • ZDATA clarified that their construction activities generate minimal dust and will not affect water supply.
Read More
GDB says no authorised investment scheme promising 20% return

GDB says no authorised investment scheme promising 20% return

news

Updated:
  • GDB Holdings Bhd clarified it has not issued any share investment scheme promising a 20% return.
  • The company advised shareholders to exercise caution and avoid speculative trading in its securities.
  • GDB remains focused on its operations and communicates updates through Bursa Malaysia and its website.
Read More
KPKT strengthens governance framework for MyKiosk following MACC review

KPKT strengthens governance framework for MyKiosk following MACC review

news

Updated:
  • The Ministry of Housing and Local Government is enhancing oversight for the MyKiosk initiative.
  • A MACC review found no corruption but revealed procedural gaps, prompting new guidelines forPBTs.
  • The initiative has expanded to support student entrepreneurship within campus ecosystems.
Read More
GDB enters Sarawak property market with RM32.72m land purchase

GDB enters Sarawak property market with RM32.72m land purchase

news

Updated:
  • GDB Holdings Bhd is acquiring three leasehold land parcels in Kuching for RM32.72 million.
  • The development will include mixed-use facilities like serviced apartments and retail spaces.
  • The deal is expected to enhance GDB's project pipeline without significantly impacting FY2026 earnings.
Read More
Loke says govt ramping up efforts to expedite LRT3 opening

Loke says govt ramping up efforts to expedite LRT3 opening

news

Updated:
  • The Ministry of Transport is expediting the LRT3 opening to ease Klang Valley traffic congestion.
  • Minister Loke highlighted the need for more public transport options amid rising vehicle numbers.
  • He noted that vehicle sales reached 820,000 last year, making Malaysia the largest market in Southeast Asia.
Read More
Wisma ELM structural framework intact—AmanahRaya REIT

Wisma ELM structural framework intact—AmanahRaya REIT

news

Updated:
  • The structural framework of Wisma ELM is intact after an independent engineering assessment.
  • No compromise to the building's integrity was found following the Jan 12 incident.
  • AmanahRaya REIT is prioritising safety and addressing any necessary repairs before resuming operations.
Read More
Bites
Johor denies data centres cause of Pontian, Simpang Renggam water supply disruption