News by Choy Nyen Yiau

Crescendo Corp Bhd has announced the disposal of a piece of vacant freehold land measuring 1.1 million sq ft in Pulai, Johor for RM132.47 million, or RM120 per sq ft.

Construction firm Nestcon Bhd has proposed to diversify its existing business operations to include renewable energy (RE), aiming to bolster future earnings and expand the group's income stream.

"Following the full settlement of the final consideration, the proposed acquisition has been completed."

Malaysia is open to proposals to extend the East Coast Rail Line to the border and integrate it with the Thai rail network or future infrastructure, Transport Minister Anthony Loke said on Wednesday.

Following the PAC's review of Lada on Nov 30 and Dec 13 last year, the committee discovered unresolved issues regarding the lease of Hotel St Regis Langkawi, which involved Lada and the hotel's operator, INR Sdn Bhd.

The Transport Ministry will be examining concept proposals for the Kuala Lumpur-Singapore high-speed rail (HSR) project with a focus on minimising financial implications for the government.

Plastic products manufacturer Scientex Bhd is set to acquire land in Batang Berjuntai, Kuala Selangor, for a total of RM335.68 million to enhance its property development land bank.

Rapid bus and rail service users in Klang Valley will soon have the option to pay fares using methods other than Touch 'n Go (TNG), as the government aims to expand cashless payment options.

Crockfords at Resorts World Genting (RWG) has once again been awarded the 5-star rating from the Forbes Travel Guide (FTG), marking the hotel's sixth consecutive year of being awarded the recognition, which also sets it apart as the only hotel in Malaysia to be so acknowledged by the guide.

Prime Minister Datuk Seri Anwar Ibrahim on Friday announced incentives for companies relocating their bases to the country’s new international financial centre (IFC), the Tun Razak Exchange (TRX) here.