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Tropicana trains staff to counter greenwashing as ESG scrutiny grows

Tropicana trains staff to counter greenwashing as ESG scrutiny grows

news

Updated:
  • Tropicana Corp Bhd held an anti-greenwashing workshop for employees.
  • It aimed to strengthen ESG communication credibility.
  • The session focused on avoiding misleading sustainability claims.
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Govt approves 46 Pasir Puteh projects worth RM207.2 mil, supports ECRL development

Govt approves 46 Pasir Puteh projects worth RM207.2 mil, supports ECRL development

news

Updated:
  • The government approved 46 projects for Pasir Puteh, Kelantan, totalling RM207.2 mil.
  • These projects will develop downstream industrial infrastructure near the ECRL cargo station.
  • This aims to leverage the ECRL for economic growth, attracting investment and creating jobs.
Sime Darby Property’s RM78.6 mil compensation overturned by court

Sime Darby Property’s RM78.6 mil compensation overturned by court

news

Updated:
  • Sime Darby Property lost its case for additional compensation from the government's acquisition of its land.
  • The Shah Alam High Court sided with the Malaysian Highway Authority.
  • Case involved compulsory acquisition of seven plots of land for the West Coast Expressway project.
New 26-storey condominium proposed opposite Penang’s Gurney Paragon Mall

New 26-storey condominium proposed opposite Penang’s Gurney Paragon Mall

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Updated:
  • A 26-story condo is planned for Jalan Kelawai, Penang.
  • It will have 50 units and a 6-storey parking podium.
  • Details like developer and pricing are not yet public.
Penang targets October to gazette Seberang Perai 2030 local land-use plan

Penang targets October to gazette Seberang Perai 2030 local land-use plan

news

Updated:
  • Penang will gazette its Seberang Perai Local Plan 2030 by October.
  • This plan formalises land-use and development decisions for the mainland.
  • Rezoning applications will follow a structured, statutory process.
UDA expands Penang wakaf project with 410-unit Amaanee Residences

UDA expands Penang wakaf project with 410-unit Amaanee Residences

news

Updated:
  • UDA Holdings launched Amaanee Residences, a 410-unit apartment project in Penang.
  • The phased redevelopment of the Wakaf Seetee Aisah site has increased the wakaf land's value.
  • Units start from RM299,991 with completion by 2027.
Melaka-based developer Parkland files for Main Market IPO

Melaka-based developer Parkland files for Main Market IPO

news

Updated:
  • Parkland Bhd seeks a Main Market listing to fund land acquisitions and shareholder payouts.
  • They plan to develop a 248-acre Johor site into a commercial and industrial hub.
  • Parkland, founded by industry veteran Datuk Tan See Sen, currently has nine ongoing projects.
YNH Property expects RM305.9 mil net gain from Jalan Sultan Ismail land sale

YNH Property expects RM305.9 mil net gain from Jalan Sultan Ismail land sale

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Updated:
  • YNH Property Bhd disclosed details on its RM455 mil land disposal.
  • The property's market value is RM500 mil, with a net book value of RM77.54 mil.
  • This sale is expected to generate a pro forma gain of RM305.93 mil for YNHP.
LSH Capital signs RM197.9 mil land deal with RAC for RM1.91 bil Subang Jaya project

LSH Capital signs RM197.9 mil land deal with RAC for RM1.91 bil Subang Jaya project

news

Updated:
  • LSH Capital will acquire 17.4 acres of land in Selangor for RM197.9 mil.
  • They plan a mixed-use project with a RM1.91 bil GDV.
  • This expands their landbank and leverages transit-oriented development.
Citaglobal extends deadline for Zeqna, Koridor Mentari stake acquisitions

Citaglobal extends deadline for Zeqna, Koridor Mentari stake acquisitions

news

Updated:
  • Citaglobal extended its acquisition deadline for 70% stakes in Zeqna and Koridor Mentari by one month.
  • The deadline has been extended from July 11 to Aug 10, 2026.
  • The proposed acquisitions were first announced on Aug 11, 2025 and involve Citaglobal Renewable Energy.
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Tropicana trains staff to counter greenwashing as ESG scrutiny grows