News by Halim Yaacob

Its 99.99%-owned subsidiary, Sunsuria City Sdn Bhd, entered into a conditional sale and purchase agreement with the buyer on Sept 28. The vacant land is proposed for data processing services and infrastructure.

The payment came four days after CHGP’s wholly owned subsidiary BKG Development Sdn Bhd, FHB and SUSB agreed to extend the repayment deadline for the outstanding RM35.4 million by one month, from Sept 21 to Oct 21.

The freehold serviced residence development comprises a single 50-storey tower. It is Asiabina’s first project in the Klang Valley, following developments in Perak, Penang and Kedah.

BYD Malaysia confirmed on Sept 10 that its proposed Tanjong Malim facility would not proceed. It said it remained committed to local vehicle assembly and was finalising an arrangement with an established Malaysian assembly partner, which it did not name.

Located in Batu Kawan’s central business district, the project is being developed by the group’s wholly owned subsidiary Kerjaya Property Sdn Bhd. It was launched on Sept 26.

Taghill Aman intends to seek approval for two apartment blocks comprising 333 and 306 units respectively. The proposed apartments would have built-up areas of about 761 sq ft each.

Sunway Medical Centre Sdn Bhd signed the sale and purchase agreement with Sunway Sentral Seremban Sdn Bhd on Friday. The agreement supersedes a letter of offer accepted in May.

The share buy-back authority and the renewal of the shareholders’ mandate for recurrent related-party transactions of a revenue or trading nature each received 100% of votes cast on their respective resolutions.

Invest Penang said in a press statement on Friday (Sept 25) that Chief Minister Chow Kon Yeow had said the existing incubation space at GBS TechSpace is fully occupied by seven companies from the programme’s first two batches. Applications for Batch 3 are now open.

The Rehda Institute Youth Initiative (RIYI) 2026 survey found that 41.6% of student respondents considered one to three months a realistic timeframe for fresh graduates to begin adding commercial value at work, compared with just 2.9% of employer respondents.