News about li

KUALA LUMPUR (April 23): The current global energy crunch has highlighted that Malaysia’s long-standing development model — characterised by suburban living and car-dependent commuting — may no longer be viable.

PETALING JAYA (April 23): AmFIRST Real Estate Investment Trust (AmFIRST REIT) has ended its financial year ended March 31, 2026 on its strongest occupancy footing in over a decade, with committed portfolio occupancy climbing to 88.

KUALA LUMPUR (April 23): Fresh from staving off a takeover, IJM Corporation Bhd (KL:IJM) is now aiming to list its mainstay construction business before the end of 2027.

KUALA LUMPUR (April 22): Hong Leong Investment Bank (HLIB) has decided to downgrade Malaysia’s real estate investment trust (REIT) sector from “overweight” to “neutral”, citing narrow yield spreads against other asset classes and rising competition from high-dividend alternatives.

KUALA LUMPUR (April 21): Malaysian Resources Corp Bhd (MRCB) completed its proposed acquisition of 80% equity interest in Bukit Jalil Sentral Property Sdn Bhd (BJSP), with the balance of the purchase consideration fully paid to the vendor on Monday (April 20).

KUALA LUMPUR (April 20): Sarawak Consolidated Industries Bhd (KL:SCIB) group managing director and CEO Ku Chong Hong (pictured) has emerged as a substantial shareholder of property developer Axteria Group Bhd (KL:AXTERIA) with an indirect 27.

IPOH (April 20): Issues regarding electric vehicle (EV) manufacturer BYD’s large investment in Perak will be discussed with Prime Minister Datuk Seri Anwar Ibrahim to achieve the best possible outcome, said Housing and Local Government Minister Nga Kor Ming (pictured).

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

PETALING JAYA (April 18): Exsim Hospitality Bhd's (EHB) wholly-owned subsidiary Exsim Concepto Sdn Bhd (ECSB) has accepted a letter of award from Binastra Builders Sdn Bhd (BBSB) for nominated sub-contract works valued at RM138 million.

KUALA LUMPUR (April 17): SGX Mainboard-listed InnoTek Ltd has committed S$5 million (RM15.