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GuocoLand Malaysia moves closer to privatisation after High Court approves capital reduction

GuocoLand Malaysia moves closer to privatisation after High Court approves capital reduction

news

Updated:
  • GuocoLand Malaysia received a High Court order for its privatisation.
  • This confirms a capital reduction under the Companies Act 2016.
  • The privatisation becomes effective upon lodging the order.
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Kim Teck Cheong plans RM30m Gardenia bakery plant in Sarawak expansion

Kim Teck Cheong plans RM30m Gardenia bakery plant in Sarawak expansion

news

Updated:
  • Kim Teck Cheong Consolidated Bhd (KTC) and Sanjung Etika Sdn Bhd will form a JV.
  • They plan to build a bakery in Kuching for Gardenia products.
  • KTC will own 80% and manage daily operations.
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Tanco wins local council approvals for smart AI port in Port Dickson

Tanco wins local council approvals for smart AI port in Port Dickson

news

Updated:
  • Tanco Holdings' smart AI container port in Port Dickson received key approvals.
  • The Port Dickson Municipal Council approved building, earthworks, road, and lighting plans.
  • This project aims for AI-driven automation and green technologies on 480 acres.
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SC Estate Builder gets Bursa extension for complex restructuring circular

SC Estate Builder gets Bursa extension for complex restructuring circular

news

Updated:
  • SC Estate Builder Bhd got an extension from Bursa Malaysia.
  • They have until Sept 30 to submit a combined circular.
  • This circular covers six proposed business changes.
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TWL Holdings sets entitlement date for fifth-year convertible bond coupon

TWL Holdings sets entitlement date for fifth-year convertible bond coupon

news

Updated:
  • TWL Holdings Bhd announced details for its sixth RCULS coupon payment.
  • The 5% annual coupon covers Dec 2025 to June 2026.
  • Payment is due Aug 12 for eligible holders.
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Ahmad Zaki Resources unit slapped with two more winding-up petitions over unpaid works

Ahmad Zaki Resources unit slapped with two more winding-up petitions over unpaid works

news

Updated:
  • Ahmad Zaki Resources Bhd's subsidiary faces new winding-up petitions.
  • Unpaid claims total RM1.78 mil from two companies.
  • The subsidiary is negotiating for a resolution.
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Urban renewal or administrative fantasy? Why many of the 139 identified areas may never be redeveloped

Urban renewal or administrative fantasy? Why many of the 139 identified areas may never be redeveloped

news

Updated:
  • The proposed Urban Renewal Act (URA) cited 139 redevelopment areas in Kuala Lumpur.
  • Many of these areas, like military lands, face significant jurisdictional hurdles.
  • This raises doubts about the realistic implementation of the URA's ambitious plans.
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Net zero isn’t the finish line, it’s the starting point for smarter cities

Net zero isn’t the finish line, it’s the starting point for smarter cities

news

Updated:
  • The International Sustainability Week (ISW) 2026 will explore moving beyond net zero to regenerative cities.
  • The most progressive developers no longer see sustainability as a cost of doing business.
  • Ecosystem integrity and biodiversity provide economic, social and psychological services.
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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.
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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.
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GuocoLand Malaysia moves closer to privatisation after High Court approves capital reduction