CGS turns bullish on Sime Darby amid data centre demand, delayed vehicle tax changes
KUALA LUMPUR (Jan 26): CGS International has turned positive on Sime Darby Bhd, seeing tailwinds supporting the group’s industrial and motor segments.
Service tax on rentals for Malaysian MSMEs reduced to 6%
The tax exemption threshold for MSMEs will be increased to include those with an annual turnover of up to RM1.
MBAM hails govt’s SST response as step forward for industry
Effective July 1, 2025, the measures include a one-year exemption for non-reviewable contracts, separation of taxable service and non-taxable material components in mixed contracts, and exemption for residential portions in mixed developments.
Govt mulls green fund for steel players, backed by carbon tax that could roll out as early as 2026
Some of these mechanisms will limit the emissions of each steel manufacturer, after which the permits can be traded among themselves, creating a price for carbon.
Country Heights gets winding-up petition over RM312,560 tax arrears
The petition was filed under Section 465(1)(e) and Section 466(1)(a) of the Companies Act 2016.
Bina Puri faces two winding-up petitions from IRB over alleged tax debt
Bina Puri Properties Sdn Bhd was served a petition in relation to unpaid taxes amounting to RM849,499, while Bina Puri Sdn Bhd (BPSB) received a separate petition over a larger tax sum of RM4.
Ekovest narrows 3Q net loss on lower deferred tax expense
On prospects, Ekovest highlighted steady revenue growth from toll collections on Phases 1 and 2 of the Duke Highway and expects to gain further from the full opening of the SPE Highway.
S P Setia records 1QFY2025 profit before tax of RM141 mil, continues to reduce its borrowings by another RM156 mil
Remains committed to achieving its RM4.
Transparency needed before assessment tax hikes
DBKL should treat its underlying problems with financial accountability rather than increase rates that will cause inflation and make the rakyat suffer the domino effect down the supply chain.
