News about ST

This article appeared in the April 9, 2026 issue of the monthly print edition.

BATU KAWAN (April 11): PE Land Group will anchor Capstone Corporate Suites with a 35,000-sq ft regional office upon completion, marking a key milestone for the 36-storey Grade-A office tower in Bandar Cassia, and reinforcing Batu Kawan’s emergence as Penang mainland’s business hub.

KUALA LUMPUR (April 10): The High Court has fixed Dec 16 to deliver its decision on the amount of compensation the Malaysian government must pay to Semantan Estate (1952) Sdn Bhd.

GEORGE TOWN (April 10): Penang on Tuesday launched its Publicity and Public Participation Programme for the Final Report of the Draft of the Penang Silicon Island Local Plan (RTPSI) 2050, which was specifically designed for a greenfield area or fully reclaimed development.

PETALING JAYA (April 10): Nestcon Bhd is venturing into property development for the first time, proposing to acquire three parcels of freehold commercial land in Iskandar Puteri, Johor Bahru for a total of RM95 million through its indirect 70%-owned subsidiary, Nestcon Iskandar Puteri Sdn Bhd.

PETALING JAYA (April 10): Menara Merdeka 118 is set to be recognised by the Kuala Lumpur Fire and Rescue Department as the first building in Malaysia to implement the Automatic Fire Monitoring System (SPKA), marking a new benchmark in high-rise fire safety standards.

PUTRAJAYA (April 10): The government will explore a privatisation model for the proposed southern alignment of the West Coast Expressway (WCE), following deliberations at the 50th meeting of the National Physical Planning Council (NPPC) chaired by Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR (April 9): Amanah Hartanah Bumiputera (AHB) has declared an interim income distribution of 2.

KUALA LUMPUR (April 9): Capitaland Malaysia Trust’s (KL:CLMT) manager, CapitaLand Malaysia REIT Management Sdn Bhd, said CLMT MTN Bhd, a special purpose vehicle wholly owned by CLMT via MTrustee Bhd as the trustee, has lodged documents with the Securities Commission Malaysia (SC) for a proposed medium-term note (MTN) programme of up to RM3 billion.

KUCHING (April 8): The federal government is reviewing all proposals and recommendations to address rising construction material costs following tensions in West Asia, Deputy Works Minister Datuk Seri Dr Ahmad Maslan said.