News about Malaysia

The buyout comes at a time when Genting Malaysia is bidding for a casino licence in New York as part of a US$5.

The award reflects SkyWorld’s holistic approach to sustainability, where ESG principles are embedded across its operations.

Teh, 47, was appointed in April 2022, replacing Yong Su-Lin, who stepped down after six years.

MPI said the acquisition will deepen collaboration with Infineon, its key customer, and expand its semiconductor assembly and testing capacity.

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.

The land, it said, "can serve as an enlarged hub" for the Malaysian Research Accelerator for Technology & Innovation (MRANTI) Park, which is located 1.

At the current level, BNM said it “considers the monetary policy stance to be appropriate and supportive of the economy amid price stability”.

It criticised provisions that would allow compulsory acquisition from dissenting landowners once thresholds are met, calling it “illogical” and unfair.

The receivership happened because Ivory Indah failed to pay its debts by Aug 12, breaking the terms of its loan agreements with CIMB Islamic.

"Office tenants now face the dual challenge of higher rental costs and increased fit-out expenses due to the new construction services tax.