News by M

The Malaysian Anti-Corruption Commission (MACC) has sent asset declaration notices to 22 people identified as close relatives and associates of the late Tun Daim Zainuddin and his widow, Toh Puan Na’imah Khalid, as part of the ongoing Ilham Tower investigation.

Hektar Real Estate Investment Trust (KL:HEKTAR) said it has entered into a deal to buy two parcels of leasehold land in Melaka, totalling 41.8 acres, for RM40 million.

Keretapi Tanah Melayu Bhd (KTMB) has rebranded its Integrated Ticketing System (KITS) as the KITS Style SuperApp in an effort to establish a more efficient, safe, sustainable and competitive transport system that helps improve the people’s quality of life.

Malaysian Resources Corp Bhd (KL:MRCB) has firmed up the partnership to jointly develop Ipoh Sentral, a transit-oriented development project in the Perak capital with a gross development value of RM6.25 billion. 

Nestled within the city’s vibrant pulse, SJCC East One keeps you perpetually connected to a world of convenience that includes shopping, recreation, education and healthcare.

Noteworthy:

• Built-up size: 1,650 sq ft
• Land size: 1,650 sq ft
• 1 bathroom
• Unfurnished
• Nearby amenities: BMC Mall, Cheras Sentral Mall, Columbia International School, UTAR Sungai Long Campus, Sungai Long Specialist Hospital
• Accessibility: Cheras-Kajang Expressway, Grand Saga Highway, PLUS Highway, SILK Highway

When: February 2025

Ho Hup Construction Company Bhd (KL:HOHUP) has been served with a winding-up petition by the Inland Revenue Board (IRB) over tax arrears amounting to RM23.72 million.

NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, is buying an industrial property in Petaling Jaya for RM28.5 million to boost production and efficiency for current and future projects. The move aims to bring research, design, and production under one roof, improving cost efficiency, quality control, and output.

Avaland Bhd (KL:AVALAND) has signed a deal to acquire a 3.194-acre parcel of land on Jalan Putra here from a unit of Tan Chong Motor Holdings Bhd (KL:TCHONG) for RM148.8 million, which it plans to develop into a mixed-use commercial project.

Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour on the overnight policy rate (OPR).