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Boustead targets to grow revenue to RM30 bil in five years

Boustead targets to grow revenue to RM30 bil in five years

news

Updated:
  • Boustead Holdings Bhd (BHB) aims for RM30 bil revenue in five years.
  • They will focus on defence, property, and commercial services.
  • BHB plans to develop 400 vendors in the defence industry ecosystem.
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Setia Lenscape photography contest offers RM50,000 in prizes for township images

Setia Lenscape photography contest offers RM50,000 in prizes for township images

news

Updated:
  • S P Setia is holding a photography contest with a RM50,000 prize pool.
  • It seeks photos of daily life in its townships, open until Oct 31.
  • Held in collaboration with EdgeProp Malaysia as the media partner and UCSI University as the academic partner.
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Gamuda lands another hyperscale data centre project in Port Dickson worth RM1.71 bil

Gamuda lands another hyperscale data centre project in Port Dickson worth RM1.71 bil

news

Updated:
  • Gamuda secured a RM1.71 bil contract for a Port Dickson data centre.
  • This is their second such contract in Port Dickson this year.
  • Construction starts in 3Q2026, finishing by 2Q2028.
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217 Kampung Valdor landowners receive approval letters for 99-year leasehold extension

217 Kampung Valdor landowners receive approval letters for 99-year leasehold extension

news

Updated:
  • 217 landowners in Penang received temporary land title approval letters for 99-year leasehold extensions.
  • This improves land ownership security and property values for residents.
  • The initiative aligns with Penang2030 vision and followed resident dialogues.
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Free industrial zone exports reach RM106.7 bil in 1H — Miti

Free industrial zone exports reach RM106.7 bil in 1H — Miti

news

Updated:
  • Malaysia's Free Industrial Zones (FIZs) saw strong export growth in 1H2026, reaching RM106.7 bil.
  • Exports through FIZs increased by 22.7% from 2021 to 2025, totaling RM188.3 bil.
  • These zones are vital for investment, exports, and job creation in Malaysia.
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Vestland plans RM60.4m private placement to fund construction projects

Vestland plans RM60.4m private placement to fund construction projects

news

Updated:
  • Vestland Bhd plans to raise RM60.44 mil via a private placement.
  • This funding will support current and future construction projects.
  • The company aims to issue 94.43 million new shares.
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Residential Tenancy Bill being finalised to balance rights of tenants and landlords

Residential Tenancy Bill being finalised to balance rights of tenants and landlords

news

Updated:
  • KPKT is finalising the Residential Tenancy Bill.
  • It aims to balance tenant and landlord rights.
  • The government does not intend to impose nationwide rent controls.
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Magma Group launches RM850 mil Wolo Hotel & Residences in Mont’Kiara

Magma Group launches RM850 mil Wolo Hotel & Residences in Mont’Kiara

news

Updated:
  • Magma Group launched its Wolo Hotel & Residences, Mont'Kiara KL project.
  • This 60-storey tower has a GDV of RM850 mil.
  • Completion is set for 4Q2030.
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Tropicana Corp launches T Journey hospitality services

Tropicana Corp launches T Journey hospitality services

news

Updated:
  • Tropicana Corp's Clarissa Serviced Suites in Langkawi is 20% taken up.
  • This is the final phase of its Tropicana Cenang development.
  • The company also launched its T Journey Hospitality app.
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Boustead targets to grow revenue to RM30 bil in five years