India’s Eros Investments Ltd, along with its Immerso AI-IP division, is set to invest US$1 billion (RM4.33 billion) to establish an artificial intelligence (AI) park and film studio in Malaysia, according to a statement from Malaysia’s Ministry of Digital on Thursday.

Prime Minister Datuk Seri Anwar Ibrahim (pictured) said that a city’s greatness is measured by its government’s ability to serve and safeguard the interests of all its residents, irrespective of their socioeconomic status.

The 2024 Merdeka Eve celebrations organised by the Kuala Lumpur City Hall (DBKL) which was scheduled to take place at Dataran Merdeka on Aug 30 has been cancelled.

The search and rescue (SAR) operation to locate the victim of the Jalan Masjid India sinkhole incident continued on Thursday, utilising ground penetrating radar (GPR) by the Department of Mineral and Geoscience (JMG), a technology that has been employed since Tuesday.

KLCCP Stapled Group Bhd (KL: KLCC) said its second quarter net profit rose 5.67% to RM191.06 million from RM180.8 million a year ago, on the back of commendable performances from all businesses, especially the retail and hotel segments.

IOI Properties Group Bhd (KL:IOIPG) has declined the offer to purchase Singapore commercial property Shenton House from its chief executive officer and major shareholder Lee Yeow Seng.

SkyWorld Development, via wholly owned subsidiary Aspirasi Cekap Sdn Bhd (ACSB), has received a letter of acceptance (LOA) from PR1MA to build homes in Brickfields.

Sentoria Group Bhd (KL:SNTORIA) has confirmed on Wednesday the departure of its chief executive officer Datuk Loh Yuen Tuck from the company via a bourse filing. It also maintains that it does not accept Loh's constructive dismissal claim, saying it was Loh who repudiated his own service contract.

IOI Properties Group Bhd (KL:IOIPG) said on Wednesday its net profit jumped more than five times in the fourth quarter from a year earlier thanks largely to a revaluation gain.

AME Elite Consortium Bhd's (KL:AME) net profit for its first quarter ended June 30, 2024 (1QFY2025) dropped 36.7% to RM14.72 million from RM23.27 million a year earlier, due to lower contributions from property development and construction services, as well as share of loss from joint ventures.