News

Crescendo Extends RM200.9 Million Johor Industrial Land Sale Pending TNB Requirement

"Crescendo Corp has extended the conditional period for its RM200.88 million industrial land disposal in Kota Tinggi, Johor, pending fulfilment of a TNB-related requirement." Kuala Lumpur, 19th June 2026, 01.05pm - Crescendo Corp Bhd's proposed RM200.88 million disposal of industrial land in Kota Tinggi, Johor has been extended by another month after both parties agreed to revise the timeline under the...

MRCB to Develop RM2.1 Billion AI-Ready Data Centre in Bukit Jalil

"MRCB will develop a RM2.1 billion AI-ready data centre in Bukit Jalil with 65MW capacity, marking the group's entry into Malaysia's digital infrastructure sector." Kuala Lumpur, 18th June 2026, 02.15pm - Malaysian Resources Corporation Bhd (MRCB) is expanding into the digital infrastructure sector with plans to develop a RM2.1 billion AI-ready data centre in Bukit Jalil. The project will be...

Vincent Tan Increases Berjaya Corp Stake with RM20 Million Share Purchases

"Tan Sri Vincent Tan has acquired nearly RM20 million worth of Berjaya Corp and Berjaya Property shares, increasing his direct stake in the group after recent disposals." Kuala Lumpur, 16th June 2026, 04.00pm - Tan Sri Vincent Tan has increased his shareholdings in Berjaya Corp Bhd and Berjaya Property Bhd through transactions worth nearly RM20 million, just weeks after reducing his interests in the...

Tropicana Metropark Contributes RM5 Million for New Mosque in Subang Jaya

"Tropicana Metropark has pledged RM5 million towards the construction of the Taman Batu Tiga Mosque in Subang Jaya, supporting community development and ESG initiatives." Kuala Lumpur, 15th June 2026, 04.00pm - Tropicana Metropark has pledged RM5 million towards the construction of the Taman Batu Tiga Mosque in Subang Jaya, reinforcing Tropicana Corp Bhd's commitment to community development and...

Genting Launches RM80 Billion Johor Tech Smart City Within JS-SEZ

"Genting Property has launched the RM80 billion Johor Tech Smart City in Kulai, featuring AI and AgTech campuses within the Johor-Singapore Special Economic Zone." Kuala Lumpur, 14th June 2026, 01.30pm - Genting Property Sdn Bhd has launched Johor Tech Smart City, a 2,300-acre integrated development in Kulai with an estimated gross development value (GDV) of RM80 billion, making it one of Johor's...

Chin Hin Property Extends Johor Bahru Joint Development Agreement to December 2026

"Chin Hin Group Property and Kelana Megah have extended the conditional period for their Johor Bahru joint development agreement until Dec 9, 2026, as key conditions remain pending." Kuala Lumpur, 11th June 2026, 12.00pm - Chin Hin Group Property Bhd (CHGP) has extended the conditional period for its proposed joint development in Johor Bahru by another six months after conditions precedent under the...

Sime Darby Property Builds RM7.6 Billion Data Centre Income Pipeline Ahead of AGM

"Sime Darby Property's Elmina Business Park data centre projects could generate RM7.6 billion in recurring lease income as the group expands its industrial asset portfolio." Kuala Lumpur, 09th June 2026, 02.30pm - Sime Darby Property Bhd is strengthening its recurring income portfolio through large-scale data centre and industrial assets, with projects at Elmina Business Park potentially generating up...

Malaysia to Require Recycling Centres in Shopping Malls for Licence Approval and Renewal

"Malaysia will require shopping malls to provide recycling centres as part of licence application and renewal conditions, supporting waste reduction and circular economy goals." Kuala Lumpur, 08th June 2026, 10.40am - Malaysia will require shopping malls nationwide to provide recycling centres as part of licence application and renewal requirements, in a move aimed at improving waste management and...

PDC and Aspen Officially Close BKIP2 RFP Matter After Discussions

"PDC and Aspen have agreed to formally close all matters relating to the Batu Kawan Industrial Park 2 (BKIP2) RFP exercise following discussions that resolved outstanding issues between both parties." Penang, 04th June 2026, 12.15pm - Penang Development Corporation (PDC) and Aspen (Group) Holdings Ltd have agreed to formally close all matters relating to the Batu Kawan Industrial Park 2 (BKIP2) request...

SkyWorld Launches “SkyWorld 2040” 15-Year Plan Targeting Top 30 Southeast Asia Developers

"SkyWorld Development Bhd has unveiled its “SkyWorld 2040” strategy, a 15-year plan targeting RM1 billion profit, RM12 billion GDV launches, and expansion into Southeast Asia markets." Kuala Lumpur, 03rd June 2026, 01.15pm - SkyWorld Development Bhd has unveiled its long-term strategic roadmap, “SkyWorld 2040”, outlining a 15-year plan to position the group among the top 30 property developers...