YTL Live partners Aviva for UK indoor arena project

YTL Live partners Aviva for UK indoor arena project

news

Updated:
  • YTL Live has partnered with Aviva for a long-term sponsorship of Bristol's new 20,000-capacity arena.
  • The venue, named Aviva Arena, is set to open in late 2028 and will host over 120 major events annually.
  • The project will create 2,000 jobs and contribute £1 billion to the Bristol economy in its first decade.
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Loke: LRT3 main contractor to compensate RM2.73 mil for each day of delay

Loke: LRT3 main contractor to compensate RM2.73 mil for each day of delay

news

Updated:
  • The main contractor for the LRT3 project faces RM2.73 million daily payments for delays.
  • The project's cost has risen to RM21.93 billion, with a new completion date set for June 2026.
  • Transport Minister Loke attributes delays to technical issues, not budget revisions.
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Technical issues disrupt LRT Kelana Jaya Line's operation

Technical issues disrupt LRT Kelana Jaya Line's operation

news

Updated:
  • The LRT Kelana Jaya Line faced disruptions during peak hours due to technical issues.
  • Rapid KL reported longer waiting times and apologised for the inconvenience.
  • Commuters expressed frustration, especially after the Chinese New Year holiday.
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Nga: Non-Act 672 states to enforce littering offences through respective local authorities

Nga: Non-Act 672 states to enforce littering offences through respective local authorities

news

Updated:
  • States not adopting the Solid Waste Act 2007 will enforce littering via local authorities.
  • Perak, Penang, Kelantan, Terengganu, and Selangor are among those states.
  • From Jan 1, 2026, littering will incur community service and fines under the Act.
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Public inspection for LRT Mutiara Line extension linking Penang Island and Seberang Perai

Public inspection for LRT Mutiara Line extension linking Penang Island and Seberang Perai

news

Updated:
  • MRT Corp is conducting a Public Inspection from Feb 24 to May 24, 2026, for the LRT Mutiara Line extension.
  • The revised scheme includes a cross-sea rail link and additional parking at Penang Sentral.
  • The LRT Mutiara Line will span 29.67km with 20 stations, expected to start operations in December 2031.
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Wawasan Dengkil’s 2QFY2026 net profit falls to RM700,000; no update on January MoU

Wawasan Dengkil’s 2QFY2026 net profit falls to RM700,000; no update on January MoU

news

Updated:
  • Wawasan Dengkil Holdings Bhd reported a net profit drop to RM700,000 for 2QFY2026.
  • Revenue increased slightly to RM49.39 million, but profit before tax fell significantly.
  • Shares closed at 17 sen, near a 52-week low, with no dividend declared for the quarter.
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Yong Tai to issue RM1.5 mil RCPS under ongoing fund-raising exercise

Yong Tai to issue RM1.5 mil RCPS under ongoing fund-raising exercise

news

Updated:
  • Yong Tai Bhd is issuing 1.5 million redeemable convertible preference shares for RM1.5 million.
  • The targeted closing date for this issuance is set for Feb 24, 2026.
  • The stock remains low, trading below its 52-week high, as investors await news on a hotel disposal.
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IOI Properties’ CEO Lee Yeow Seng buys additional 9.4m shares during closed period

IOI Properties’ CEO Lee Yeow Seng buys additional 9.4m shares during closed period

news

Updated:
  • Datuk Lee Yeow Seng acquired 9.4 mil shares of IOI Properties, raising his total interest to 3.7 bil shares.
  • The Employees Provident Fund also adjusted its stake, acquiring 25,000 shares while disposing of 1.7 mil.
  • IOI Properties' stock rose 3.18% following these insider transactions, indicating positive market sentiment.
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Penang quit rent revision needed to correct long-standing disparities, says CM

Penang quit rent revision needed to correct long-standing disparities, says CM

news

Updated:
  • The Penang government will increase quit rent in 2026 and gazette 25 new townships to address inequities.
  • Chief Minister Chow Kon Yeow noted the last rate revision was in 1994, leading to unfair disparities.
  • To ease the impact, a 50% rebate will be provided to affected landowners facing increased rates.
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E&O to highlight forest-adjacent Seri Embun in City of Elmina during CNY showcase

E&O to highlight forest-adjacent Seri Embun in City of Elmina during CNY showcase

news

Updated:
  • E&O will host a Chinese New Year celebration at City of Elmina from Feb 28 to March 1, 2026!
  • The event, 'Huat Come Home', features family activities, lion dances, and traditional snacks.
  • Seri Embun, the new residential township, emphasies long-term liveability, green spaces and wellness.
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