Malaysian Pacific Industries to buy Infineon’s Thai back-end manufacturing site for US$77.95m
MPI said the acquisition will deepen collaboration with Infineon, its key customer, and expand its semiconductor assembly and testing capacity.
Bandar Malaysia to compensate Sim Leisure for scrapping theme park deal
Leisure Group Ltd would have no recourse or any further claims against Bandar Malaysia once it receives the undisclosed compensation under the settlement agreement, the Singapore-listed firm said in an exchange filing.
MRCB buys EPF’s 80% stake in Bukit Jalil Sentral project for RM1.58b, explores data centre development
The land, it said, "can serve as an enlarged hub" for the Malaysian Research Accelerator for Technology & Innovation (MRANTI) Park, which is located 1.
Bank Negara Malaysia maintains overnight policy rate at 2.75%
At the current level, BNM said it “considers the monetary policy stance to be appropriate and supportive of the economy amid price stability”.
Malaysian Bar joins calls to defer Urban Renewal Bill, says compulsory acquisition clause 'illogical'
It criticised provisions that would allow compulsory acquisition from dissenting landowners once thresholds are met, calling it “illogical” and unfair.
Ivory Properties’ unit under receivership after default
The receivership happened because Ivory Indah failed to pay its debts by Aug 12, breaking the terms of its loan agreements with CIMB Islamic.
Landlords brace for slower leasing and softer rent under new SST regime
"Office tenants now face the dual challenge of higher rental costs and increased fit-out expenses due to the new construction services tax.
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Setia4Malaysia Unity Run 2025 to kick off at Setia Fontaines in Penang
Setia4Malaysia Unity Fest 2025 events will take place concurrently for the first time across selected flagship townships on 6 to 7 Sept 2025, including Setia Eco Gardens, Setia Bayuemas, Setia Alamsari, KL Eco City, Setia Alam Impian, Setia Eco Glades, Setia Warisan Tropika, and internationally in Setia Vietnam and Setia Melbourne.
Genting Malaysia’s loss-making Empire Resorts to sell non-gaming assets for RM2.2b to cut costs, clear debt
Genting Malaysia said the deal will see Empire Resorts sell key non-casino properties—including the 332-room Resorts World Catskills (RWC) and the 99-room Alder Hotel, a 18-hole Monster golf course, the 2,500-seat RWC Epicenter, and restaurants—to a local development body, Sullivan County Resort Facilities Local Development Corporation (SCRFLDC), which will run them as public assets.
Positive outlook for luxury hotel sector
Park Hyatt Kuala Lumpur general manager Herman Kemp stated that Hyatt Hotels Corporation is very confident in Malaysia’s premium hospitality market, with the increase in tourism and the improvement of Malaysia’s economy, following the Covid-19 pandemic.
