YTL Hotels to open JW Marriott Hotel Johor Bahru in December 2026
YTL Hotels had announced the acquisition of the Thistle Johor Bahru hotel from GuocoLand Ltd for RM150 million in September this year.
YTL Hotels had announced the acquisition of the Thistle Johor Bahru hotel from GuocoLand Ltd for RM150 million in September this year.
Under the current year of assessment (YA) 2016-2025 structure, most investors enjoy a 10% final withholding tax, resident corporations face 0%, and non-resident corporations 24%.
The outlet is expected to serve over 62,000 residents of Seremban 2, which marks its 30th year as a master planned township.
The launch coincided with the start of Hextar World’s “A Classic Christmas” campaign, which runs until Jan 4, 2026 and includes weekend parades, festive markets, workshops, exhibitions and promotional activities.
Felda has “clear and strong" rights under the Land (Group Settlement Areas) Act 1960, which mandates the development of group settlement areas, in line with powers granted under the Land Development Act 1956.
The project is expected to have a gross domestic value (GDV) of RM27 billion, spanning 22 years.
Selangor Menteri Besar Datuk Seri Amirudin Shari: Without strata titles, many benefits cannot be enjoyed by residents, and for the state government, it affects our ability to implement the parcel rent more effectively.
In a statement, SD Guthrie group managing director Datuk Mohamad Helmy Othman Basha said industrial development is set to become an important pillar of the group’s future growth.
Deputy Minister Datuk Aiman Athirah Sabu: To ensure developers take this issue seriously, the ministry has taken stern action, including prosecution, compounds and blacklisting developers who fail to comply with regulations under Act 118.