Living in Penang: What you need to know
Penang, often called the Pearl of the Orient, is a vibrant island-state known for its cultural depth, coastal beauty and diversified economy.
UEM Sunrise maintains profitability in 1QFY2026, posts RM22.5m PBT as property development revenue grows 24%
PETALING JAYA (May 20): UEM Sunrise Bhd maintained profitability in the first quarter ended March 31, 2026, posting a profit before tax (PBT) of RM22.
Sunway Property kicks off AI-powered traffic upgrade at Persiaran Kewajipan roundabout
PETALING JAYA (May 20): Sunway Property has commenced traffic improvement works at the Persiaran Kewajipan roundabout in Subang Jaya, in collaboration with Majlis Bandaraya Subang Jaya (MBSJ), targeting completion by year-end 2026.
Sunway REIT raises RM70m in first sustainability-linked commercial paper issuance under new RM3b programme
PETALING JAYA (May 19): Sunway Real Estate Investment Trust (Sunway REIT) has completed its first issuance of sustainability-linked commercial papers (SLCPs) amounting to RM70.
Malaysia launches Asia Pac Urban Agenda Platform to streamline city development regionally
PETALING JAYA (May 19): Malaysia has launched the Asia Pacific Urban Agenda Platform (AP-UAP) in a move to streamline regional urban cooperation into a structured, action-driven framework across Asia-Pacific countries.
Sunway Construction starts FY2026 on strong footing, declares total dividend of 22.8 sen
KUALA LUMPUR (May 18): Sunway Construction Group Bhd (KL:SUNCON) kicked off the financial year ending Dec 31, 2026 (FY2026) on a strong footing, with higher contributions across all operating segments driving a sharp increase in first-quarter earnings, while the group rewarded shareholders with total dividends of 22.
Citaglobal Tower JV deadline extended again as parties continue working through conditions precedent
PETALING JAYA (May 16): The proposed joint venture (JV) between Citaglobal Bhd and Varia Bhd to develop the Citaglobal Tower — a mixed development on a 1.
LSH Capital receives RM197.9m land offer from RAC for 17.4-acre Country Heights site in Petaling district
PETALING JAYA (May 16): Lim Seong Hai Capital Bhd (LSH Capital) has received a letter of offer from Perbadanan Aset Keretapi (RAC) for the proposed purchase and development of two parcels of land measuring approximately 17.
IJM: MACC probe into Sunway takeover offer concluded as 'no further action'
KUALA LUMPUR (May 15): IJM Corp Bhd (KL:IJM) said the Malaysian Anti-Corruption Commission’s (MACC) probe involving its chairman Tan Sri Krishnan Tan in relation to Sunway Bhd’s (KL:SUNWAY) takeover offer had been completed and classified as “no further action”.
Melati Ehsan tops out Bayu 2Sixty residences in Kemuning Prima, Shah Alam
KUALA LUMPUR (May 15): Melati Ehsan Holdings Bhd (KL:MELATI) topped out Bayu 2Sixty residences in Kemuning Prima, Shah Alam, on Friday.
