News by M

Lim Seong Hai Capital Bhd (KL:LSH) plans to seek shareholders’ approval to partner with executive vice-chairman Datuk Lim Keng Guan’s Besteel Engtech Sdn Bhd and inject RM484.8 million for the Morib rejuvenation project, covering the renovation of the Sri Morib Golf Club and development of a 150-acre land nearby for residential and commercial use.

Sentral REIT’s (KL:SENTRAL) manager Sentral REIT Management Sdn Bhd has appointed Tay Hui Ling as acting CEO effective Jan 22, with her appointment to be formalised once Securities Commission approves it, according to a bourse filing on Thursday.

Mah Sing Group Bhd (KL:MAHSING) has opened a new ingress and egress ramp and toll plaza to Bestari Perdana along the Senai-Desaru Expressway (SDE), a move expected to accelerate the growth of its 1,313-acre integrated township, Meridin East.

In a dense corner of Taoyuan, Taiwan, autonomous AGV (automated guided vehicle) robots glide through a smart warehouse with surgical precision, processing high-tech components from the second a sale is recorded, to final packing— all in under 12 minutes.

Malaysia’s central bank has kept the benchmark interest rate unchanged as expected, taking comfort in a resilient economy with moderate inflation.

A preferential withholding tax on dividends from real estate investment trusts (REITs), which expired at the end of 2025, is likely to be renewed with existing terms, said Kenanga Investment Bank.

Mah Sing Group Bhd completed M Astra in Setapak ahead of schedule, recording an 89% Quality Assessment System in Construction (QLASSIC) score, the highest achieved by the group to date and the first development under its M Series to reach the rating.

The National House Buyers Association Malaysia (HBA) has welcomed the move to require greater disclosure and early consultation in urban development, and stresses that democratic participation must take place before decisions affecting communities are finalised.

Real estate solutions provider Hartamas Real Estate has entered into a Memorandum of Understanding (MOU) with UCAN Technologies Sdn Bhd to collaborate on the adoption of artificial intelligence (AI)-driven solutions.

The Seremban High Court has fixed May 19 to deliver its decision on mesne profit sought by Semantan Estate (1952) Sdn Bhd in its legal battle against the Malaysian government over the acquisition of the 'Duta Enclave'.