News by M

Kuala Lumpur has been ramping up its urban transformation initiatives ahead of the Asean Summit 2025 to strengthen its image as a progressive, clean, safe and competitive global city.

The rooftop solar quota under the Net Energy Metering (NEM) mechanism for residences (NEM Rakyat) has been fully taken up, according to the latest data published by the Sustainable Energy Development Authority (Seda).

The Penang Undersea Tunnel project remains relevant and is expected to bring positive impact to the people and the state’s development, said State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari.

Hektar Real Estate Investment Trust (REIT) (KL:HEKTAR) aims to grow its non-retail assets from 13% to 20%, and double its portfolio size to RM3 billion within five years.

S P Setia Bhd today announced its financial results for 1QFY2025, with revenue standing at RM771 million for the period being reviewed.

WORQ and Sunway Property have announced the launch of their second collaborative co-working outlet with the opening of the 20,000 sq ft WORQ Sunway Velocity at Sunway V2 Tower in Cheras.

The Port Klang Free Zone (PKFZ) has unveiled the highlights of its PKFZ 2.0 Masterplan, a roadmap aimed at transforming the free zone into a next-generation logistics and industrial ecosystem, integrating sustainability, technology and investor-oriented services to enhance Malaysia’s standing in regional trade and supply chains.

Axis Real Estate Investment Trust (KL:AXREIT) has proposed the establishment of a sukuk programme of up to RM3 billion in nominal value.

Kuala Lumpur City Hall (DBKL) has denied a claim that its online service system was hacked and held hostage to a ransom demand of US$55 million (RM236.17 million).

Bina Puri Holdings Bhd (KL:BPURI) said its wholly owned subsidiary has been served with a winding-up petition by Fujifilm Business Innovation Asia Pacific Pte Ltd, formerly Fuji Xerox Asia Pacific Pte Ltd, over an alleged outstanding debt of RM309,129.