News by M

The Master Builders Association Malaysia (MBAM) has welcomed the RM81 billion development expenditure allocated under Budget 2026, describing it as a critical boost for infrastructure and construction activity nationwide.

Property developer S P Setia Bhd has announced the launch of its year-end campaign, “Setia Secret Stash”, which will run until Dec 31, 2025.

TA Global Bhd has broken ground on the RM3 billion Ativo Annexe development, marking the next major phase of its 48-acre Damansara Avenue masterplan in Bandar Sri Damansara.

The Malaysian Anti-Corruption Commission (MACC) will oppose the legal bid by Ilham Tower and its operators—Ilham Tower Sdn Bhd and Ilham Baru Sdn Bhd—to prevent its company secretary from providing documents to the anti-graft agency, after the High Court allowed the MACC to intervene in the ongoing case.

A new step-free entrance to the London Underground station at Battersea Power Station opened on Oct 6, giving Tube customers a second fully accessible entrance for accessing Northern line services.

Effective Jan 1 next year, operators of food premises across 20 city areas will not be allowed to renew their business licences if they fail to ensure their toilets are at the bersih (clean), menawan (attractive) and wangi (pleasant-smelling) or BMW level, said Housing and Local Government Minister Nga Kor Ming.

Malayan United Industries Bhd (KL:MUIIND), or MUI, has secured a term loan facility of US$20 million (RM84.3 million) granted by Singapore-based direct lending fund Indies Special Opportunities LV Ltd.

EMKAY Group will soft launch The Ayu Residences this Sunday (Oct 12), introducing a low-density residential development within the freehold township of Bandar Seri Putra.

Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) will be delisted from the Main Market of Bursa Malaysia next Tuesday (Oct 14), after the stock exchange rejected its appeal for more time to submit a regularisation plan.

Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa told Parliament there was no official consent threshold in place when the Kampung Sungai Baru redevelopment project was approved in 2020.