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Berjaya Property diversifies into logistics with RM58 mil Perlis port deal

Berjaya Property diversifies into logistics with RM58 mil Perlis port deal

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Updated:
  • BProperty has proposed to subscribe for a 29% stake in Manjaran Sdn Bhd for RM58 mil.
  • This move provides BProperty exposure to the Perlis Maritime Corridor (PMC) logistics project.
  • The payment will be mostly in shares, making Manjaran a BProperty shareholder.
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Ajiya plans to recycle Tanco disposal proceeds into other quoted shares

Ajiya plans to recycle Tanco disposal proceeds into other quoted shares

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Updated:
  • Ajiya Bhd plans to use Tanco share sale proceeds.
  • 98% will fund new quoted investments.
  • The remaining 2% covers administrative costs.
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Rehda names S P Setia’s Zaini Yusoff as new president for 2026–2028 term

Rehda names S P Setia’s Zaini Yusoff as new president for 2026–2028 term

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Updated:
  • Datuk Zaini Yusoff is Rehda's new president for 2026-2028.
  • He replaces Datuk Ho Hon Sang, who is now Immediate Past President.
  • Zaini aims to continue Rehda's strategic work and engagement.
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Madani govt boosts affordable homeownership, 50 RMR recipients benefit in Terengganu

Madani govt boosts affordable homeownership, 50 RMR recipients benefit in Terengganu

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Updated:
  • Fifty recipients received housing aid in Kuala Terengganu and Kuala Nerus.
  • This RMR programme helps lower-income groups own safe, quality homes.
  • The government aims to build 6,545 RMR units nationwide by 2026.
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KPKT approves 594 development projects in Chinese new villages, Indian villages

KPKT approves 594 development projects in Chinese new villages, Indian villages

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Updated:
  • KPKT approved 573 Chinese new village and 21 Indian village projects, totalling RM73 mil this year.
  • For Chinese villages, 366 infrastructure projects were approved; of which 148 have been completed.
  • Indian villages received RM2 mil for 18 projects, with five already finished.
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Deputy housing minister: 32,800 completed homes worth RM16.37b unsold as at 1Q; nearly half priced below RM300,000

Deputy housing minister: 32,800 completed homes worth RM16.37b unsold as at 1Q; nearly half priced below RM300,000

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Updated:
  • Malaysia has 32,800 unsold homes worth RM16.37 bil in 1Q2026.
  • Nearly half of these homes are priced below RM300,000.
  • This indicates a significant mismatch between housing supply and demand across various segments.
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LRT3 contractors face RM2.73m daily penalty for delays, deputy transport minister tells Dewan Rakyat

LRT3 contractors face RM2.73m daily penalty for delays, deputy transport minister tells Dewan Rakyat

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Updated:
  • The LRT Shah Alam Line faces RM2.729 mil daily penalty for delays.
  • The LRT3 officially began passenger services on Monday, a day after its official launch on June 28.
  • Construction began in 2016 but was halted in 2018 for a review following a change in government.
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Pavilion Damansara Heights New Phase hits milestone with Corporate Suites-Hotel Tower topping-out, 80% of office space sold

Pavilion Damansara Heights New Phase hits milestone with Corporate Suites-Hotel Tower topping-out, 80% of office space sold

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Updated:
  • Pavilion Group topped out its 31-story Corporate Suites-Hotel Tower.
  • 80% of office space is already sold due to strong market interest.
  • This project sets the pace for two residential towers completing in 2029.
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Gazetting 50 acres in Bandar Malaysia as Malay reserve land reflects political courage, wisdom — PM

Gazetting 50 acres in Bandar Malaysia as Malay reserve land reflects political courage, wisdom — PM

news

Updated:
  • The government gazetted 50 acres in Bandar Malaysia as Malay reserve land.
  • This safeguards Bumiputera interests and required political courage.
  • The land, valued highly, was government-owned, not taken from others.
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