News

"Malaysia’s LRT3 Shah Alam Line is expected to start operations by June 2026 after technical testing delays, with trial runs ongoing and project costs revised to RM21.93 billion." Kuala Lumpur, 24th February 2026, 05.50pm - The Light Rail Transit 3 (LRT3) line, also known as the Shah Alam Line, is expected to begin operations by June 2026 following delays caused by technical issues, Transport...

"Exsim Hospitality plans to diversify into construction and centralised procurement, targeting at least 25% net profit contribution while strengthening project management and reducing reliance on hospitality operations." Kuala Lumpur, 11th February 2026, 03.40pm - Exsim Hospitality Bhd has proposed diversifying into construction works and centralised procurement of building materials and household...

"Sime Darby Property celebrates Malaysian craftsmanship at the Piala Seri-Ibu Kraf 2026 prize-giving ceremony, empowering over 500 artisans and showcasing heritage-inspired creations at KLGCC Mall through a collaboration with CIMB." Kuala Lumpur, 10th February 2026, 02.45pm - Sime Darby Property Berhad (“Sime Darby Property” or the “Group”) today hosted the Piala Seri-Ibu Kraf Prize Giving...

"An economist urges postponement of Sunway’s RM11 billion takeover of IJM, citing valuation gaps, governance issues and national interest concerns as regulators face calls for scrutiny." Kuala Lumpur, 09th February 2026, 12.00pm - An economist has urged that Sunway Bhd’s proposed RM11 billion acquisition of IJM Corp Bhd be postponed, citing concerns over governance, valuation and potential...

"Malaysia will enforce community service for convicted littering offenders on Feb 13, while over 40,000 PR1MA sick project homes have now been completed, says Nga Kor Ming." Kuala Lumpur, 05th February 2026, 02.30pm - All individuals convicted by the courts for littering offences will carry out their Community Service Orders (CSO) simultaneously on Feb 13, according to Housing and Local Government...

"Glomac Berhad appoints FD Idzham Iskandar as Group Executive Director, strengthening leadership succession, governance and long-term growth strategy." Kuala Lumpur, 04th February 2026, 10.00am - Glomac Berhad has announced the appointment of FD Idzham Datuk Seri FD Iskandar as its Group Executive Director, effective immediately. The appointment, approved by the Board of Directors, forms part of...

"Radium Development Bhd donates RM30,000 to upgrade facilities at SMK St Mary, Kuala Lumpur, supporting safer and more conducive learning environments." Kuala Lumpur, 28th January 2026, 03.30pm - Radium Development Bhd has donated RM30,000 to support the upgrading of facilities at SMK St Mary, Kuala Lumpur, as part of its ongoing commitment to community development. Group managing director Datuk...

"Kuala Lumpur Golf & Country Club has entered a RM30 million, five-year partnership with Jebsen & Jessen to enhance course quality using advanced turf, irrigation and sustainability-driven technologies." Kuala Lumpur, 27th January 2026, 11.10am - Kuala Lumpur Golf & Country Club (KLGCC), the flagship leisure asset of Sime Darby Property Bhd, has formalised a five-year strategic partnership...

"Strategic collaboration under the Affinita programme strengthens financial confidence and access to structured financing for women buyers." Kuala Lumpur, 27th January 2026, 10.55am - Glomac Berhad (“Glomac”), has entered into a strategic partnership with AFFIN Group (“AFFIN”) under the Affinita programme to support women homebuyers through structured financing and informed access to...

"Cross-subsidy practices in Malaysia’s housing market are pushing up open-market home prices and squeezing M40 homeownership, say industry experts, who warn current policies are distorting affordability." Kuala Lumpur, 26th January 2026, 10.45am - Cross-subsidy practices in Malaysia’s housing sector are distorting the market and driving open-market home prices higher, making homeownership...