- Ajiya Bhd plans to use Tanco share sale proceeds.
- 98% will fund new quoted investments.
- The remaining 2% covers administrative costs.
Ajiya plans to recycle Tanco disposal proceeds into other quoted shares
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Updated:
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.
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.
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.
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.
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.
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.
Gazetting 50 acres in Bandar Malaysia as Malay reserve land reflects political courage, wisdom — PM
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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.
Transport Ministry identifies several areas around LRT3 stations for TOD projects
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Updated:- The Ministry of Transport identified areas around LRT3 stations for Transit-Oriented Development.
- Among the potential areas are the Seri Andalas, Kayu Ara, Bandar Bukit Tinggi and Johan Setia stations.
- The LRT3 Shah Alam Line will offer one month of free rides.
