News about Malaysia

Nevertheless, he noted that increased demand and market shifts have led to an overall reduction in overhang units in 3Q2023, with a 22% decrease year-on-year from 3Q2022.

The board has declared a final dividend of two sen per share in 4Q2023, bringing total dividends declared for FY2023 to six sen per share.

CapitaLand Malaysia said the facility marks its largest loan facility to-date and is linked to the sustainability performance targets of Queensbay Mall.

Koe, 62, commenced his journey at S P Setia in 1997 as a senior project manager, gradually advancing through various business and operational roles until his appointment as senior executive vice president of the company in 2019.

There will be an exciting Travel Roadshow meant to be “perfectly aligned with the upcoming travel season”.

The addition of sustainability disclosures on the digital platform would allow for more standardised reporting and communication of such information, which is currently found in PLCs’ sustainability reports.

For the first nine months of this year, the Malaysian retail industry expanded by 3.

The MyPlace Awards, which recognises outstanding placemaking initiatives by organisations and communities in enhancing public spaces and fostering positive impacts for local communities, was judged by 30 experts and professionals in their respective fields.

Setia Bayuemas Lake Park took the Emerald Winner in Category 3: Community and Neighbourhood Park (Subcategory 2: Private sector) while South Creek Park, located in Setia EcoHill 2, Semenyih, emerged as the Diamond Winner title in Category 2: City and Town Park (Subcategory 1: Below 50 Hectares).

RM251 million gain on disposal of Malaysia Vision Valley land to Sime Darby Property Bhd.