News

Jesselton International Launches RM1.5 Billion Waterfront Project in Likas Bay

"Jesselton International launches The V by Jesselton, a RM1.5 billion mixed-use waterfront project in Likas Bay, featuring 1,754 suites, retail park, and Malaysia’s first 100m seafront infinity pool. Completion by 2030." Kuala Lumpur, 06th November 2025, 01.20pm - Jesselton International has unveiled its latest signature project, The V by Jesselton, a RM1.5 billion mixed-use waterfront development...

Techbond Buys Industrial Land in Eco Business Park 7 for RM27.76 Million

"Techbond Group Bhd acquires three industrial land parcels in Eco Business Park 7, Negeri Sembilan, for RM27.76 million. The purchase supports its long-term operational expansion and future development plans." Kuala Lumpur, 05rd November 2025, 01.30pm - Techbond Group Bhd has announced plans to acquire three parcels of industrial land in Eco Business Park 7, Negeri Sembilan, for a total cash...

YTL Hotels Expands to New Zealand with RM388 Million Hotel Indigo Auckland Acquisition

"YTL Hotels expands its global portfolio with the RM388 million acquisition of Hotel Indigo Auckland — New Zealand’s second-largest hotel transaction. The deal marks YTL’s first entry into the country’s hospitality market and strengthens Malaysia–New Zealand investment ties." Kuala Lumpur, 03rd November 2025, 10.41am - YTL Hotels, the hospitality arm of YTL Corporation Bhd, has made its first...

Pavilion REIT Q3 Profit Rises 20% to RM94.6 Million on Strong Retail & Hotel Contributions

"Pavilion REIT’s Q3FY2025 profit rose 20% to RM94.6m, driven by Banyan Tree and Pavilion Hotel Kuala Lumpur acquisitions and strong Pavilion Bukit Jalil performance." Kuala Lumpur, 31th Octorber 2025, 12.25pm - Pavilion Real Estate Investment Trust (Pavilion REIT) reported a 10% year-on-year increase in net property income (NPI) to RM145.49 million for the third quarter ended Sept 30, 2025...

JLand Group and CGS International Ink Three-Year Deal to Boost Cross-Border Investments in Johor–Singapore SEZ

"JLand Group and CGS International sign a three-year MOU to attract global investors and boost cross-border capital into the Johor–Singapore Special Economic Zone." Kuala Lumpur, 30th Octorber 2025, 12.25pm - JLand Group (JLG) has signed a three-year memorandum of understanding (MOU) with CGS International Securities Malaysia Sdn Bhd (CGS MY) to explore a strategic collaboration that will strengthen...

Khazanah Invests Over RM6 Billion in Johor’s Medini Iskandar and Desaru Coast, Says MOF

"The MOF confirms Khazanah Nasional has invested over RM6 billion in Johor’s Medini Iskandar and Desaru Coast to drive long-term growth and job creation." Kuala Lumpur, 29th Octorber 2025, 01.00pm - Khazanah Nasional Bhd has channelled more than RM6 billion into the development of Medini Iskandar and Desaru Coast in Johor to date, according to the Ministry of Finance (MOF). In a written reply to...

Gamuda Land Expands UK Presence with RM600 Million Student Housing Project in London

"Gamuda Land acquires London site for RM600m student housing near UCL, expanding its UK portfolio to over 1,200 PBSA beds." Kuala Lumpur, 24th Octorber 2025, 01.11pm - Gamuda Land, the property development arm of Gamuda Bhd, has acquired a site at 14 Marshgate Lane, Stratford, London, to develop a purpose-built student accommodation (PBSA) project worth an estimated RM600 million in gross development...

Rapid Bus to Launch Unified ‘Rapid On-Demand’ App, Expand Service Zones in Klang Valley

"Rapid Bus will launch a new unified app, Rapid On-Demand, and expand its service zones in the Klang Valley this November to enhance convenience and connectivity for commuters." Kuala Lumpur, 23th Octorber 2025, 01.23pm - Rapid Bus Sdn Bhd, the operator of Rapid KL’s On-Demand van services, is set to roll out a new integrated booking platform and expand its service zones across the Klang Valley...

Shin Yang Group to Acquire Industrial Land in Sabah for RM26.6 Million to Boost Logistics Expansion

"Shin Yang Group Bhd will acquire a 5.37-hectare land in Kota Kinabalu for RM26.6 million to expand its warehouse and logistics operations in Sabah." Kuala Lumpur, 22th Octorber 2025, 02.24pm - Shipping and logistics company Shin Yang Group Bhd has announced plans to acquire a 5.37-hectare industrial land parcel in Kota Kinabalu, Sabah, from its controlling shareholder, Shin Yang Sdn Bhd (SYSB), for...

Federal Court Allows Empire City Damansara Buyers’ Lawsuit Against Developer to Proceed

"The Federal Court has ruled in favour of 58 Empire City Damansara buyers, allowing their lawsuit against developer Cosmopolitan Avenue to proceed amid ongoing delays in strata title issuance." Kuala Lumpur, 17th Octorber 2025, 12.50pm - A group of 58 purchasers of Empire City Damansara units who have yet to receive their strata titles scored a legal victory at the Federal Court on Thursday, after...