News by theedgemalaysia.com

The government will proceed with the commercialisation of autonomous public buses on Malaysian roads once the necessary guidelines and legal framework are in place, said Transport Minister Anthony Loke Siew Fook.

A three-member Federal Court bench has, on Monday, granted leave to two people representing two non-governmental organisations (NGOs) to challenge the degazettement of Bukit Cherakah as a forest reserve for development.

Binastra Corp Bhd (KL:BNASTRA) has secured a project worth RM574.4 million from Exsim Jalil Link Sdn Bhd for a proposed development of a data centre. 

Malaysia’s property transaction value soared to RM105.65 billion in the first half of 2024 (1H2024), marking a 23.8% year-on-year (y-o-y) increase — the highest in five years — according to the National Property Information Centre (Napic).

Marriott International Inc officially opened the Penang Marriott Complex along Gurney Drive in George Town, Penang, on Sunday.

The High Court here has allowed Messrs Chellam Wong to set aside a restraining order obtained by public-listed Country Heights Holdings Bhd (KL:CHHB) for filing a winding-up petition against it (Country Heights) over RM425,060 in unpaid debt since September 2023, over legal services the law firm had provided in relation to the company’s corporate exercise.

RHB Research has upgraded the basic construction materials sector to 'overweight' from 'neutral', amid a positive outlook on aluminium and cement companies under its coverage.

JHM Consolidation Bhd is buying a leasehold land with two factories in Sungai Petani, Kedah for RM20.9 million.

The earnings prospect for real estate investment trusts (REITs) in the second half of this year is expected to remain positive, due to the bright outlook for the retail industry and industrial segment in Malaysia, according to MIDF in a note on Friday.

Permodalan Negeri Selangor Bhd (PNSB) and Gagasan Nadi Cergas (KL:NADIBHD) has announced the commencement of construction for its Rumah Idaman Amani in Shah Alam. The project has a gross development value (GDV) of RM286 million.