News

"S P Setia launches the Setia AI & Proptech Innovation Challenge to promote inclusive homeownership and smarter construction using AI. Applications open from Aug 1–31, 2025." Kuala Lumpur, 06th August 2025, 01.13pm - S P Setia Bhd has officially launched the Setia AI & Proptech Innovation Challenge, a forward-looking initiative under the Bengkel Inovasi GLC (BIG) Programme, designed to...

"Mah Sing launches M Aurora, a new freehold serviced residence in Old Klang Road, offering smart, sustainable city living with excellent connectivity and eco-friendly features. GDV: RM660 million." Kuala Lumpur, 05th August 2025, 11.05am - Mah Sing Group Bhd is set to extend its popular M Series with the upcoming launch of M Aurora, a new freehold serviced residence development strategically located...

"KTMB begins trial runs for the ETS extension to Kluang, aiming to expand electric train services in southern Malaysia. Full rollout to Johor Bahru will proceed in phases." Kuala Lumpur, 04th August 2025, 01.20pm - Keretapi Tanah Melayu Bhd (KTMB) has confirmed that trial runs are currently in progress for the next phase of its Electric Train Service (ETS) extension to Kluang, Johor, as part of the...

"Under the 13th Malaysia Plan, new large-scale housing projects must include school construction to tackle overcrowding. RM67 billion is allocated for education upgrades and infrastructure." Kuala Lumpur, 01st August 2025, 01.58pm - The construction of schools will become a mandatory condition for planning approval of new large-scale housing projects under the 13th Malaysia Plan (13MP), Prime Minister...

"EcoFirst Consolidated Bhd’s Q4 profit drops 66.5% to RM13.95 million despite 88% revenue growth, as higher costs and lower fair value gains weigh in. Company warns of SST impact on future developments." Kuala Lumpur, 31th July 2025, 12.45pm - EcoFirst Consolidated Bhd reported a sharp 66.5% decline in net profit for the fourth quarter ended May 31, 2025 (4QFY2025), despite a strong surge in revenue...

"IGB REIT and IGB Commercial REIT report higher Q2 earnings driven by strong rental income. Both REITs declare August distributions as they navigate economic headwinds." Kuala Lumpur, 30th July 2025, 01.50pm - IGB Real Estate Investment Trust (IGB REIT) and IGB Commercial REIT (IGBCR) recorded solid second-quarter earnings, driven by higher rental income and stable operating costs, according to their...

"Infineon Technologies has launched a RM30 billion SiC chip facility in Kulim, creating 1,500 high-income jobs and boosting Malaysia’s position in the global semiconductor supply chain." Kuala Lumpur, 29th July 2025, 10.30am - Infineon Technologies has officially kicked off its RM30 billion expansion project in Malaysia, solidifying the country’s position as a global semiconductor manufacturing...

"KLGCC Mall by Sime Darby Property hits 85% committed occupancy ahead of its October 2025 launch. See which first-in-Malaysia brands are coming soon." Kuala Lumpur, 28th July 2025, 10.26am - Sime Darby Property Bhd announced that its upcoming KLGCC Mall in Bukit Kiara has achieved an impressive 85% committed occupancy as of July 2025, ahead of its scheduled opening in October this year. The update...

"Oriental Interest Bhd posts RM45.5 mil Q3 profit, up 80% YoY, driven by strong property sales and revenue growth from ongoing and new developments." Kuala Lumpur, 25th July 2025, 01.30pm - Oriental Interest Bhd (OIB) reported a substantial increase in net profit to RM45.48 million for its third quarter ended May 31, 2025 (3QFY2025), a 80% jump from RM25.23 million recorded in the same quarter last...

"SkyWorld launches SkyAwani PRIMA Residences in Brickfields with MyDeco 120% financing, offering affordable KL homes with custom interior solutions." Kuala Lumpur, 24th July 2025, 01.30pm - SkyWorld Development Bhd has officially launched SkyAwani PRIMA Residences, a new PR1MA housing project in Brickfields, Kuala Lumpur. This marks the latest addition to the developer’s award-winning SkyAwani...