Rapid Synergy sells Teluk Intan mall to Lotuss for RM41 mil
Rapid Synergy Bhd (KL:RAPID) said on Friday it is selling its Teluk Intan commercial property, Rapid Mall Seri Intan & Giant, to Lotuss Stores (Malaysia) Sdn Bhd for RM41 million.
Chin Hin, PTT Synergy team up to develop smart warehouses, logistics hubs
Builder and property developer Chin Hin Group Bhd (KL:CHINHIN) is partnering with PTT Synergy Group Bhd (KL:PTT) to jointly develop smart warehouses, industrial parks and digital logistics infrastructure.
Data centres consume only about half of declared power capacity, govt flags potential risk of stranded assets
Data centres across Malaysia are currently consuming less than half of their declared electricity demand, which could create the risk of stranded assets, the government flagged.
SCIB gets new revised RM172.4m contract for PR1MA housing in Kelantan
Sarawak Consolidated Industries Bhd (KL:SCIB) said it has accepted a second revised contract worth RM172.4 million to build affordable housing in Kota Bharu, Kelantan.
YTL Power completes first Nvidia-powered AI data centre in Johor, YTL AI Cloud now operational
Malaysia’s first Nvidia-powered AI data centre in Johor, developed by YTL Power International Bhd (KL:YTLPOWR) in partnership with tech giant Nvidia Corp, is now operational.
Penang LRT rolling stock contractor to be appointed by year-end, says Loke
The tender process for the package is currently in the final stage of technical and financial evaluation.
Loke: No compromise on crackdown against overloaded lorries
Transport Minister Anthony Loke Siew Fook has reiterated that there will be no compromise in enforcing laws against overloaded lorries, despite appeals from industry groups for leniency due to higher operating costs.
Housing Ministry eyes travel bans for blacklisted developers of abandoned housing projects
The Ministry of Housing and Local Government is reviewing the Housing Development (Control and Licensing) Act 1966 to impose stricter actions on blacklisted developers for abandoned housing projects, including possible travel bans for their directors.
I-Bhd's 3Q net profit jumps 81% on strong property and investment contributions
Property developer I-Bhd (KL:IBHD) posted an over 81% jump in net profit for the third quarter ended Sept 30, 2025 (3QFY2025), driven by stronger contributions from its property development and investment segments, efficient cost management, and a one-off fund recovery following project completions.
Johari: Developers in 14 quake hotspots must follow seismic standards
Malaysia has identified 14 earthquake 'hotspots' nationwide, with developers now required to ensure that new buildings in those areas comply with seismic-resistant design standards, said acting Natural Resources and Environmental Sustainability Minister Datuk Seri Johari Abdul Ghani.
