UEM Sunrise Bhd (KL:UEMS) expects little impact from the expanded Sales and Service Tax (SST) as most of its new projects are residential and mostly exempt from the 6% tax on construction services, said its officer-in-charge and chief financial officer Hafizuddin Sulaiman.
Spanning approximately 43,000 sq ft, the new facility marks Harvey Norman’s first standalone, solar-powered outlet in Malaysia and is scheduled to open in October 2025.
The 600-acre site is located in SD Guthrie’s Sengkang Estate in the district of Port Dickson.
Biswas said Tuesday’s Court of Appeal decision does not follow the 2009 High Court decision that was upheld by the Court of Appeal and Federal Court—namely that the company "retains beneficial ownership of the land".
The appellate court also dismissed Semantan Estate's appeal to acquire the land and its buildings.
The KTMB line, damaged by floods in 2006 and left idle since, presents a right-of-way that could allow ECRL to build a line parallel to KTMB’s — as done from Serendah to Jalan Kastam in Selangor, Darwis said.
“Upon arrival, they will undergo a failure-free testing on-site."
LBS Bina Group Bhd (KL:LBS) has launched Centrum Iris, the second phase of its Cameron Centrum township, marking it as the largest mixed commercial development in Cameron Highlands with a gross development value of RM472 million.
The Johor-Singapore Special Economic Zone (JS-SEZ) can boost cooperation, but success depends on reducing wage gaps and fixing worker movement and talent retention issues, according to Malaysian policymakers and industry leaders.
Johor, a rapidly growing economic hub in Malaysia, aims to attract up to RM100 billion in investments by the end of 2025.
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