PETALING JAYA (April 3): KLK Land Sdn Bhd, the property development arm of Kuala Lumpur Kepong Bhd (KLK), is progressing towards the opening of Coalfields Retail Park on Aug 20, 2026, with approximately 85% occupancy secured ahead of launch.
KUALA LUMPUR (Feb 13): Berjaya Land Bhd is all set to have a new name: Berjaya Property Bhd.
The hybrid lifestyle mall will feature a curated tenant mix spanning groceries, lifestyle, dining, wellness and entertainment.
Segmentally, the retail division was the largest revenue contributor in the quarter with RM137.
They specifically highlighted the proposed 8% tax on commercial rental and leasing services, deeming its timing "gravely misguided".
"Defer the SST on rentals until after Visit Malaysia Year 2026 to preserve industry stability and support tourism-linked growth.
Lulu Group had six retail outlets in Malaysia, according to a press release in October 2022, when it opened a store in Johor Bahru.
NPI for the second quarter ended Dec 31, 2024 (2QFY2025) grew to RM21.
Distributive trade totalled RM149.
The Malaysia Retailers Association is strongly urging the government to reconsider the electricity tariff hike, scheduled to take effect from July 2025, and to hold immediate dialogues with stakeholders to address their concerns and explore alternative solutions.
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