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TA Global opens MRT link bridge to RM10b Damansara Avenue

TA Global opens MRT link bridge to RM10b Damansara Avenue

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Updated:
  • TA Global Bhd has completed an RM18 million pedestrian bridge linking the Sri Damansara Sentral MRT station.
  • The bridge enhances connectivity and encourages public transport use, improving access to nearby areas.
  • Future developments in Damansara Avenue will include a mall, office spaces, and residential towers, aiming for a fully integrated environment.
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Perda Halal Park expands with 10-acre Phase 2 development

Perda Halal Park expands with 10-acre Phase 2 development

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Updated:
  • The Penang Regional Development Authority has launched Phase 2 of the Perda Halal Park.
  • This expansion includes new factory units to support SMEs in the northern region.
  • The park has been HALMAS-certified since 2011 and aims for RM25 billion in investments by 2030!
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I-Bhd enters SPA with Al Rajhi Bank for commercial asset at i-City Finance Avenue

I-Bhd enters SPA with Al Rajhi Bank for commercial asset at i-City Finance Avenue

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Updated:
  • I-Bhd has signed a sale agreement with Alrajhi Bank Malaysia for a commercial property in i-City.
  • This acquisition marks the entry of an international Islamic bank into the township's commercial ecosystem.
  • The deal highlights institutional confidence in i-City's development as a financial hub.
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Singapore tables Bill to support RTS Link operations with Malaysia

Singapore tables Bill to support RTS Link operations with Malaysia

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Updated:
  • Singapore has introduced the Cross-Border Railways Bill to support the RTS Link with Malaysia.
  • The Bill allows Malaysian CIQ operations in Singapore and vice versa, with designated areas for border checks.
  • Establishes reciprocal powers and protections for officers from both countries during their official duties.
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UOA REIT releases FY2025 annual report, sets April 29 for AGM

UOA REIT releases FY2025 annual report, sets April 29 for AGM

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Updated:
  • UOA Real Estate Investment Trust has released its FY2025 annual and corporate governance reports.
  • The 14th annual general meeting is set for April 29 at Connexion Conference Centre, Kuala Lumpur.
  • The annual report covers the financial year ended Dec 31, 2025.
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MUI Properties bags RM80.8m cash in Bandar Springhill land disposal

MUI Properties bags RM80.8m cash in Bandar Springhill land disposal

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Updated:
  • MUI Properties Bhd has sold 53 acres of land in Port Dickson for RM80.8 million.
  • The sale was finalised by its subsidiary, West Synergy Sdn Bhd, as per the agreement.
  • This transaction enhances liquidity while retaining part of the Springhill landbank.
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Data centre projects still viable in Malaysia despite surging energy prices, analysts say

Data centre projects still viable in Malaysia despite surging energy prices, analysts say

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Updated:
  • New data centre projects in Malaysia may still thrive despite rising energy costs.
  • Analysts predict manageable electricity expenses and affordable development compared to other markets.
  • The construction sector could see a boom, with projects worth RM21 billion annually driven by global tech demand.
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Penang agencies set for Silicon Island, LRT depot land handover in May

Penang agencies set for Silicon Island, LRT depot land handover in May

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Updated:
  • The Penang government is relocating agencies to Silicon Island as development progresses.
  • Chief Minister Chow Kon Yeow announced that the LRT depot will be handed over next month, marking a key milestone.
  • Plans include a modest administrative centre and phased release of industrial plots.
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IRB: Self-assessment stamp duty system simplifies processes, boosts compliance

IRB: Self-assessment stamp duty system simplifies processes, boosts compliance

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Updated:
  • The Inland Revenue Board launched Phase 1 of the self-assessment stamp duty system on January 1.
  • Individuals and authorised agents can submit applications via the MyTax portal.
  • Taxpayers can settle stamp duty arrears with potential penalty exemptions until June 30.
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Two directors at K Seng Seng Corp resign over personal commitments

Two directors at K Seng Seng Corp resign over personal commitments

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Updated:
  • K Seng Seng Corp Bhd announced the resignation of two board members due to personal commitments.
  • Dr Lim Pang Kiam and Lee Hai Peng's resignations are effective immediately.
  • The company specialises in producing secondary stainless steel products and trading industrial hardware.
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TA Global opens MRT link bridge to RM10b Damansara Avenue