News by Emir Zainul

Malton said BENLG is assessing the possibility of establishing a presence in the Malaysian electric motorcycle market and is seeking a local partner for the initiative.

Chief Minister Chow Kon Yeow said the state government is in talks with Bank Negara Malaysia, the Securities Commission and the Labuan Financial Services Authority to ensure that proposals for the Penang International Financial Centre meet national regulatory and policy requirements.

Exsim Concepto Sdn Bhd, a wholly owned subsidiary, accepted the letter of appointment from HAB Construction Sdn Bhd on Monday for the supply and installation of fit-out works covering serviced apartment units from Levels 7 to 46, according to the group's Bursa Malaysia filing.

GuocoLand (Malaysia) Bhd (KL:GUOCO) managing director Noorbaizura Hermeyney has resigned effective Jan 24 (Saturday), after helming the property developer for close to two years.

Mulpha International Bhd (KL:MULPHA) has subscribed to US$20 million (RM80.8 million) worth of bonds issued under Sun Hung Kai & Co (BVI) Ltd’s US$3 billion Guaranteed Medium Term Note (MTN) Programme.

IJM Corp Bhd (KL:IJM) on Tuesday refuted money laundering allegations and denied that it is being probed by UK authorities, as the Malaysian Anti-Corruption Commission (MACC) launched investigations into allegations of a RM2.5 billion money laundering scheme involving the group.

Perak Corp also entered into a joint venture with major shareholder Perak State Development Corp (PKNP) in January 2025 to co-develop the Silver Valley Technology Park Industrial Hub in Hulu Kinta.

Kumpulan Jetson Bhd (KL:JETSON) is disposing of its entire equity interest in GRP Sdn Bhd, an indirect wholly owned subsidiary, for a total consideration of RM14.8 million, as part of a portfolio rationalisation exercise.

Sarawak-based oil palm planter Rimbunan Sawit Bhd (KL:RSAWIT) is disposing of a 1,504-hectare parcel of plantation land in Miri for RM28 million, cash, as it moves to exit the remote estate that has been weighing on its operating efficiency and profitability.

Selangor Dredging Bhd (KL:SDRED) is acquiring a freehold commercial land in Petaling Jaya for RM63 million to expand its land bank, with the site earmarked for a proposed development carrying an estimated gross development value (GDV) of RM507 million.