News by BERNAMA

The Sultan of Pahang, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, has reaffirmed his commitment to voicing concerns over land encroachment in the state until the illegal activity is completely eradicated.

BWYS Group Bhd (KL:BWYS) has entered into a sale and purchase agreement with Yusin Machinery (Malaysia) Sdn Bhd for the proposed disposal of industrial properties in Banting, Selangor, for a total cash consideration of RM67 million.

The proposal to establish Rapid Transit System 2 (RTS 2) to connect Tuas and Iskandar Puteri is among the key topics being discussed by Johor and Singapore.

The Kita Selangor Rail project has progressed to the stage of finalising financing strategies and identifying suitable investment partners.

A new and more comprehensive project management mechanism will be introduced to facilitate more strategic and effective planning and implementation of development projects.

A total of one million affordable housing units will be developed by the federal government, state authorities and private developers between 2026 and 2035 to provide more Malaysians with access to safe and comfortable homes, Prime Minister Datuk Seri Anwar Ibrahim announced today.

UEM Sunrise Bhd (KL:UEMS) has completed the issuance of Islamic medium-term notes (IMTNs) worth RM500 million under its existing IMTN programme.

Johor has secured RM1.34 billion in investment commitments from five Singapore-based companies under the Johor-Singapore Special Economic Zone (JS-SEZ), Menteri Besar Datuk Onn Hafiz Ghazi said.

Johor approved 42 data centre construction projects in the second quarter of this year (2Q2025), positioning the state as a leader in the country’s digital investment and a strategic destination for high-tech, knowledge-based economic growth in the region, said Johor Housing and Local Government Committee chairman Datuk Mohd Jafni Md Shukor.

The system upgrade will be carried out in two phases, with Phase 2 scheduled from Aug 9 to Sept 14 involving 10 stations from KLCC to Gombak, while Phase 3 will take place from Oct 11 to Nov 22, covering 17 stations from Lembah Subang to Ampang Park.