News

"Mah Sing's subsidiary Elite Park Development has been ordered to pay RM1.65 million in legal costs after the High Court dismissed its claims in a lawsuit first filed in 2019." Kuala Lumpur, 29th July 2026, 01.51pm - Mah Sing Group Bhd's wholly owned subsidiary, Elite Park Development Sdn Bhd, has been ordered to pay RM1.65 million in legal costs after the Kuala Lumpur High Court dismissed its claims...

"IOI Properties has revised its proposed REIT exercise after an updated valuation increased its portfolio value to RM7.66 billion, while expanding the retail allocation for investors." Kuala Lumpur, 24th July 2026, 02.51pm - IOI Properties Group Bhd (IOIPG) has revised its proposed real estate investment trust (REIT) exercise after an updated independent valuation increased the value of its proposed...

"The Edge Malaysia inducted 12 leading developers into its Responsible Developer Hall of Fame 2026 during the 10th Best Managed & Sustainable Property Awards (BMSPA), recognising excellence in sustainable property development." Kuala Lumpur, 21th July 2026, 12.16pm - Twelve of Malaysia's leading property developers have been inducted into The Edge Malaysia Responsible Developer Hall of Fame 2026...

"Solar District Cooling has secured an RM18.5 million contract to upgrade building management systems at Klang Valley rail transit stations over the next two years." Kuala Lumpur, 16th July 2026, 10.16am - Solar District Cooling Group Bhd (SDCG) has secured an RM18.5 million contract to upgrade building management systems (BMS) across railway transit stations and ancillary buildings in the Klang...

"The government has approved RM207.2 million for 46 projects in Pasir Puteh, including downstream industrial infrastructure to support the ECRL cargo station and logistics hub." Kuala Lumpur, 14th July 2026, 10.16am - The federal government has approved 46 development projects worth RM207.2 million for the Pasir Puteh parliamentary constituency in Kelantan under the 2026 development programme, with a...

"The IMF expects Malaysia's economy to grow 4.7% in 2026, supported by data centre investments, AI infrastructure and the global technology upcycle despite rising geopolitical risks." Kuala Lumpur, 09th July 2026, 12.25pm - Malaysia's expanding data centre industry and the global artificial intelligence (AI) technology boom are expected to remain key drivers of economic growth this year, according to...

"ECM Libra has formed a 50:50 joint venture with Plato Capital's subsidiary to manage Ormond Hotel Sandakan and The RuMa Hotel & Residences, expanding its hospitality business." Kuala Lumpur, 07th July 2026, 03.20pm - ECM Libra Group Bhd is expanding its presence in Malaysia's hospitality sector through a new joint venture and hotel management agreements covering two established hotel...

"The federal government plans to develop affordable housing for civil servants on idle public land, including Customs, Immigration and surplus school sites, says Prime Minister Anwar Ibrahim." Kuala Lumpur, 06th July 2026, 12.55pm - The federal government plans to accelerate the development of affordable housing for civil servants by optimising idle land owned by government agencies, Prime Minister...

"TWL Holdings says RM1.8 million remains outstanding for refund following the mutual termination of three Klang property joint ventures, with repayment due by June 2027." Kuala Lumpur, 03rd July 2026, 02.20pm - TWL Holdings Bhd has provided additional information to Bursa Malaysia regarding the mutual termination of three long-running joint venture agreements (JVAs) in Klang, revealing that RM1.8...

"Malaysia expects data centres to account for one-third of national electricity consumption by 2035, prompting new measures to strengthen grid capacity and energy security." Kuala Lumpur, 02nd July 2026, 01.50pm - Data centres are expected to account for nearly one-third of Malaysia's electricity consumption by 2035 as rapid growth in artificial intelligence (AI), cloud computing and digital...