News

"Oriental Kopi plans to acquire its Puchong head office and warehouse for RM23 million to reduce rental costs and secure operational continuity. The purchase includes a factory lot on 5,260 sqm of leasehold land." Selangor, 20th June 2025, 02.16pm - Oriental Kopi Holdings Bhd is set to acquire a factory lot and leasehold land in Puchong, Selangor, for RM23 million, as part of its long-term plan to...

"Pahang is launching a high-tech zone in Kuantan to attract AI, automation, and big data firms. The state also eyes floating solar farms and renewable energy talent to support its net zero target by 2030." Pahang, 18th June 2025, 02.40pm - The Pahang state government has announced plans to establish a dedicated high-tech zone in Kuantan to attract companies in artificial intelligence (AI), automation,...

"CIMB warns Malaysian REITs could face profit pressures in 2H 2025 due to expanded SST and rising electricity tariffs. Axis REIT remains the top buy for its resilient portfolio." Kuala Lumpur, 17th June 2025, 04.08pm - Real estate investment trusts (REITs) in Malaysia are likely to face a more challenging second half of 2025 as the expanded Sales and Services Tax (SST) and rising utility costs squeeze...

"Residential properties under Malaysia’s HDA are exempted from the revised SST, following concerns from developers. Key building materials remain zero-rated, and only 2% of tariff codes are affected." Putrajaya, 16th June 2025, 10.08am - Residential properties developed under the Housing Development Act (HDA) will be exempted from the revised Sales and Services Tax (SST), following growing concerns...

"GDB Holdings appoints Datuk Chia Lui Meng as non-executive chairman, replacing Tan Sri Zaini Omar, who stepped down due to health reasons. Shares close slightly lower at 37 sen." Kuala Lumpur, 13th June 2025, 12.15pm - Construction services company GDB Holdings Bhd has announced the resignation of its non-executive chairman, Tan Sri Zaini Omar, due to health reasons. In a Bursa Malaysia filing on...

"Perak will propose to the federal government an upgrade and realignment of the East-West Highway (JRTB) to improve road safety, following a tragic bus accident that killed 15 UPSI students." Ipoh, 12th June 2025, 01.58pm - The Perak state government plans to submit a formal proposal to the federal government for the upgrading and realignment of the East-West Highway (Jalan Raya Timur-Barat, JRTB),...

"EcoWorld welcomes Jaya Grocer, Coffee Bean & TITAN Preschool as anchor tenants at Santai Square, Eco Spring—enhancing Tebrau’s latest lifestyle commercial hub." Johor, 11th June 2025, 01.08pm - EcoWorld has signed three major tenants at its newly launched lifestyle commercial hub, Santai Square at Eco Spring, marking a key milestone in the development’s transformation into a vibrant...

"Datuk Joseph Lau, CEO of Desa ParkCity developer Perdana ParkCity, acquires 11.1% stake in Crest Builder Holdings via RM11.7 mil private placement to support project financing and debt repayment." Kuala Lumpur, 10th June 2025, 10.00am - Datuk Joseph Lau, the chief executive officer of Perdana ParkCity Sdn Bhd, the developer behind the prestigious Desa ParkCity township, has emerged as the...

"Kelana Jaya LRT delays on June 3 due to track switch issue between Pasar Seni and Bangsar. Rapid Rail activates manual operation for safety; repairs underway." Kuala Lumpur, 09th June 2025, 01.55pm - Commuters on the Kelana Jaya Light Rail Transit (LRT) line faced delays on Monday morning due to a track switch malfunction between the Pasar Seni and Bangsar stations. In a statement, Rapid Rail Sdn...

"LicensMalaysia’s Cabinet assigns Finance Minister II to handle Singapore’s acquisition of Malaysian-owned land for Woodlands Checkpoint redevelopment." Kuala Lumpur, 06th June 2025, 12.55pm - The Malaysian government has tasked Finance Minister II Datuk Seri Amir Hamzah Azizan with leading follow-up actions in response to Singapore's plan to acquire two parcels of land owned by Malaysia for the...