News by M

Malaysians have reacted positively after Merdeka 118, the second tallest tower in the world, located in Kuala Lumpur was featured in Marvel Studios’ latest superhero film Thunderbolts in its premiere showing in Malaysian cinemas on Thursday.

CIMB Group Holdings Bhd's (KL:CIMB) wholly owned CIMB Bank Bhd will buy 16 properties that it is currently leasing from the Employees Provident Fund Board (EPF) for RM209.81 million, cash.

Genting Malaysia Bhd (KL:GENM) is going to gain full control of loss-making Empire Resorts Inc in a US$41 million (RM177 million) deal from the Lim family's Kien Huat Realty III Ltd, by acquiring the remaining 51% stake in Genting Empire Resorts LLC (GERL) that it does not own. It currently holds 49% interest in GERL, which owns Empire Resorts.

TCS Group Holdings Bhd (KL:TCS) said the group has received the Kuala Lumpur City Hall's (DBKL) nod to resume construction works for the J Satine mixed development project in Wangsa Maju.

The government plans to introduce a direct cargo rail service between Kuala Lumpur and Bangkok to enhance trade between Malaysia and Thailand, while supporting deeper Asean economic integration.

It was recently reported that the Housing and Local Government Ministry (KPKT) has blacklisted 109 “errant developers” and their boards of directors.

The Federation of Malaysian Manufacturing (FMM) has proposed that the government formulate a National Action Plan on Labour Quarters to address the shortage of proper accommodation for workers, especially in key industrial areas and logistics hubs across the country.

Sentoria Group Bhd (KL:SNTORIA) is at risk of a trading suspension after failing to submit its 2024 annual report by the April 30, 2025 deadline. 

UDA Holdings Bhd has appointed real estate veteran Johari Shukri Jamil as its new president and chief executive officer effective immediately.

Shares of Eco World International Bhd’s (KL:EWINT) rose on Friday to its highest in two months following a planned pivot from foreign markets to the Malaysian market.