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Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

news

Updated:
  • Chinese EV companies like Zeekr and XPeng plan local assembly in Malaysia by 2026.
  • The Ministry of Investment supports this to ensure a smooth transition from CBU imports.
  • This move aims to grow the domestic EV ecosystem and create high-skilled jobs.
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George Lam and Sally Yeh concert draws fans in Kuala Lumpur with support from ParkCity Group

George Lam and Sally Yeh concert draws fans in Kuala Lumpur with support from ParkCity Group

news

Updated:
  • The "Until We’re Old, WE ARE ONE" concert featuring George Lam and Sally Yeh was a success!
  • Held at Axiata Arena, it celebrated Chinese pop classics and attracted fans of all ages.
  • ParkCity Group co-sponsored the event, emphasising community engagement through cultural experiences.
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Binastra 4Q profit set to double on RM7 bil order book, RHB says as it maintains 'buy'

Binastra 4Q profit set to double on RM7 bil order book, RHB says as it maintains 'buy'

news

Updated:
  • Binastra Corp Bhd is expected to see a 60% to 100% increase in 4Q earnings, driven by a RM7 bil order book.
  • RHB Research projects earnings between RM40 million and RM50 million for the quarter ending January 31, 2026.
  • Company is focusing on significant projects in Johor, with a target of RM3 bil in new contracts for FY2027.
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Axis REIT to convert remaining facilities to sustainability-linked financing

Axis REIT to convert remaining facilities to sustainability-linked financing

news

Updated:
  • Axis REIT plans to convert its loans to sustainability-linked financing to expand its portfolio.
  • The trust aims to achieve green building certifications to qualify for profit rebates.
  • Additionally, it is advocating for the renewal of a 10% withholding tax rate on REIT dividends.
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JLand Group partners EdgeProp to unlock data-driven growth in the property sector

JLand Group partners EdgeProp to unlock data-driven growth in the property sector

news

Updated:
  • JLand Group has partnered with EdgeProp to enhance property data intelligence in Johor.
  • Collaboration to optimise workflows, improve market presence, and explore a regional digital platform.
  • This partnership aims to leverage data for better decision-making and strengthen Johor's real estate market.
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Johor Regent to develop Holland Rd land parcels into low-density housing, including GCBs

Johor Regent to develop Holland Rd land parcels into low-density housing, including GCBs

news

Updated:
  • The Urban Redevelopment Authority has received a development application for Holland Road land parcels.
  • Plans include low-rise housing with a gross plot ratio of 1.4, potentially adding 100-200 homes.
  • This could create a new luxury housing enclave in District 10, increasing GCB areas from 39 to 40!
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Landed demand holds firm as Setia’s RM181.4m Summera Grove sells out non-Bumi units within hours

Landed demand holds firm as Setia’s RM181.4m Summera Grove sells out non-Bumi units within hours

news

Updated:
  • S P Setia Bhd launched Summera Grove, a 15.28-acre residential enclave in Johor Bahru, on March 14.
  • All 130 non-Bumiputera units were sold within hours, highlighting strong demand for mature townships.
  • Development features sustainable living options and is well-connected to key amenities and transport links.
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Launch of Johor-Singapore Special Economic Zone master plan, blueprint postponed

Launch of Johor-Singapore Special Economic Zone master plan, blueprint postponed

news

Updated:
  • The launch of the Johor-Singapore Special Economic Zone master plan has been postponed.
  • The Economy Ministry announced this decision following a Cabinet meeting led by Prime Minister Anwar Ibrahim.
  • The JS-SEZ aims to boost economic growth and create over 20,000 high-skill jobs by 2030!
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Axis REIT to convert remaining facilities to sustainability-linked financing

Axis REIT to convert remaining facilities to sustainability-linked financing

news

Updated:
  • Axis REIT plans to convert its loans to sustainability-linked financing to expand its portfolio.
  • The trust aims to achieve green building certifications to qualify for profit rebates tied to sustainability targets.
  • Additionally, Axis REIT is advocating for the renewal of a 10% withholding tax rate on REIT dividends to maintain sector competitiveness.
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East Coast Rail Link gets eight banks to manage renminbi loan exposure

East Coast Rail Link gets eight banks to manage renminbi loan exposure

news

Updated:
  • Malaysia has appointed eight banks to manage the East Coast Rail Link's renminbi loan exposure.
  • The project, nearing completion, aims to improve exchange-rate certainty and reduce currency volatility.
  • The ECRL, a major infrastructure initiative, is set for full completion by 2026, with services starting in 2027.
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Chinese electric vehicle companies to start assembly in Malaysia this year — Miti