News by M

Subscribers of Malaysia's Green Electricity Tariff (GET) will be exempted from a 1.6% surcharge on their electricity bills meant for the Renewable Energy Fund, the Ministry of Energy Transition and Water Transformation (Petra) said.

The Court of Appeal (COA) has upheld the broader principle of administrative law applied to protect public entities, particularly when they risk disrupting public administration and governmental functions, a judge who allowed the Government’s appeal in the Semantan case, said.

AME Real Estate Investment Trust (KL:AMEREIT) recorded a 11.5% increase in net property income (NPI) for its first quarter ended June 30, 2025 (1QFY2026), contributed by two new property acquisitions and higher rental rates from tenancy renewals.

SkyWorld Development Bhd launched SkyAwani PRIMA Residences yesterday, the newest addition to its award-winning Awani Series.

UOA Real Estate Investment Trust (KL:UOAREIT), which mainly manages commercial properties, saw its net rental income increase 8.9% to RM17.96 million for the second quarter ended June 30, 2025 (2QFY2025), compared with RM16.48 million a year ago, driven by improved occupancies.

HI Mobility Bhd (KL:HI) has denied claims that it reduced the salaries of its cross-border bus drivers, stating that all payments have been made in full and in accordance with employment contracts and statutory regulations.

TT Vision Holdings Bhd (KL:TTVHB) entered into an agreement with the Penang Development Corporation (PDC) on Wednesday to lease a 3.6-acre industrial plot in the Bayan Lepas Industrial Park.

Sentoria Group Bhd (KL:SNTORIA) has reached a settlement with its former CEO, Datuk Loh Yuen Tuck, in the Industrial Court.

UEM Sunrise Bhd (KL:UEMS) shared in a statement on Wednesday (July 23) that Prime Minister Datuk Seri Anwar Ibrahim’s latest address on economic growth and welfare initiatives signalled a favourable outlook for the property development sector.

Tan Sri Liew Kee Sin, executive chairman of Eco World Development Group Bhd (KL:ECOWLD), has disposed of a total of 100 million shares, or a 3.36% stake, in the company within two trading days—last Friday and Monday.