"YTL Corp reports RM419.38 mil net profit for 3QFY2025. Cement segment surges 81%, while utilities drag down group earnings. No dividend declared." Kuala Lumpur, 23th May 2025, 12.05pm - YTL Corporation Berhad reported a 15.5% year-on-year decline in net profit for the third quarter ended 31 March 2025 (3QFY2025), posting RM419.38 million compared to RM496.23 million a year earlier. The drop was...
"Kuala Lumpur intensifies beautification, infrastructure upgrades and smart surveillance ahead of ASEAN 2025 Summit to position itself as a progressive, clean and secure global city." Kuala Lumpur, 22th May 2025, 01.00pm - As Malaysia prepares to host the ASEAN Summit 2025, Kuala Lumpur is undergoing a sweeping urban transformation aimed at positioning the capital as a clean, green, safe, and globally...
"Port Klang Free Zone launches PKFZ 2.0 Masterplan to create a sustainable, tech-driven logistics hub; final land parcels set for release as occupancy and green initiatives ramp up." Port Klang, 21th May 2025, 01.00pm - The Port Klang Free Zone (PKFZ) has announced its transformative PKFZ 2.0 Masterplan, aiming to reposition the free trade zone as a future-ready, sustainable, and investor-centric...
"Sime Darby Property wins All-Stars Award for the third year at StarProperty Awards 2025, earning 12 accolades including ROI and township honours for City of Elmina and Bandar Bukit Raja." Kuala Lumpur, 19th May 2025, 10.15am - Sime Darby Property Berhad has once again cemented its reputation as a top-tier Malaysian property developer, securing the All-Stars Award for the third consecutive year at the...
"LBS Bina and Oriental Holdings sign MoU for a RM7 billion industrial development in Klebang, Melaka, set to transform the area into a key SME and logistics hub under the SM-WEZ growth corridor." Melaka, 16th May 2025, 01.09pm - LBS Bina Group Bhd has signed a Memorandum of Understanding (MoU) with Oriental Holdings Bhd to jointly develop a RM7 billion mixed-use industrial project in Klebang, Melaka,...
"Thailand proposes extending Malaysia’s ECRL to Sungai Golok to connect with its rail network and strengthen regional trade, while eyeing halal industry collaboration to tap into GCC and China markets." Kuala Lumpur, 15th May 2025, 01.02pm - Thailand has proposed that Malaysia extend its East Coast Rail Link (ECRL) to the Sungai Golok border, a move aimed at enhancing cross-border rail connectivity...
"Kerjaya Prospek wins RM75.46 million in an adjudication ruling against Yong Tai’s subsidiary over unpaid works on The Apple project in Melaka. Legal disputes and counterclaims continue." Johor Bahru, 14th May 2025, 01.02pm - Kerjaya Prospek Group Bhd has secured a RM75.46 million adjudication award against Yong Tai Bhd’s subsidiary over an alleged unpaid construction contract for a mixed-use...
"WM Senibong sells out Kew Green 1 in Leisure Farm, Iskandar Puteri within three months. The eco-luxury homes reflect rising demand driven by cross-border interest and upcoming RTS & SEZ projects." Johor Bahru, 13th May 2025, 02.38pm - Property developer WM Senibong Sdn Bhd has achieved a 100% take-up rate for Kew Green 1, the first residential precinct in its 38-acre master-planned development,...
"Bursa Malaysia queries Genting Malaysia over its US$41 million deal to fully acquire Empire Resorts, raising governance and valuation concerns amid persistent losses." Kuala Lumpur, 09th May 2025, 12.50pm - Bursa Malaysia Securities has raised concerns over Genting Malaysia Bhd’s proposed US$41 million (RM175.5 million) acquisition of Empire Resorts Inc, questioning the rationale, valuation, and...
"Equinix says Johor is emerging as the preferred alternative for data centres as Singapore faces expansion limits, positioning Malaysia as a key digital infrastructure hub in Southeast Asia." Kuala Lumpur, 08th May 2025, 01.26pm - As Singapore faces physical constraints in expanding its digital infrastructure, Malaysia—particularly Johor—is rapidly becoming a key destination for global data centre...
