"KPKT refutes report on 100,000 unsold homes, citing Napic data showing a steady decline. Housing market remains stable ahead of Budget 2026." Kuala Lumpur, 05th September 2025, 11.28am - The Ministry of Housing and Local Government (KPKT) has dismissed a recent newspaper report claiming more than 100,000 unsold housing units nationwide, stressing that official data from the National Property...
"Scanfil invests RM15.8m to expand its Johor Bahru plant, boosting Malaysia’s electronics manufacturing and supporting NIMP 2030, NSS goals." Kuala Lumpur, 04th September 2025, 01.45pm - Scanfil plc, Europe’s largest listed electronics manufacturing services (EMS) provider, has invested RM15.8 million to expand and modernise its SRX Global (Malaysia) Sdn Bhd facility in Johor Bahru, according to...
"OSK Property buys 14.48 acres in Bandar Country Homes, Rawang, for RM58m to develop a RM1.26b township, marking its first entry into the area." Kuala Lumpur, 03rd September 2025, 02.30pm - OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd, has announced its entry into Rawang with the acquisition of three parcels of freehold land valued at RM58 million. The purchase, made via its...
"Malaysia targets stronger investments with the East Coast Rail Link (ECRL) Economic Accelerator Projects. Minister Tengku Zafrul confirms 85% project progress and Phase 1 completion by 2027." Kuala Lumpur, 02nd September 2025, 01.45pm - The government is planning to leverage the East Coast Rail Link (ECRL) as more than just a transportation project, with new strategies to attract investments and...
"Inta Bina Group Bhd secures a RM67.79 million housing construction contract in Cyberjaya’s Symphony Hills. The project adds to its RM1.5 billion order book, strengthening earnings visibility for the next 2–3 years." Kuala Lumpur, 29th August 2025, 01.30pm - Inta Bina Group Bhd has been awarded a RM67.79 million construction contract to develop semi-detached homes in Cyberjaya, strengthening its...
"KLCCP Stapled Group Q2 net profit rose 4.9% to RM200m, lifted by retail and hotel gains. Declares 9.2 sen payout; six-month earnings up 6% to RM402m." Kuala Lumpur, 28th August 2025, 01.05pm - KLCCP Stapled Group reported a 4.9% increase in second-quarter net profit to RM200.45 million for the period ended June 30, 2025 (2QFY2025), boosted by stronger performance in its retail and hotel...
"Eastern & Oriental proposes Andaman Island for RM10b Penang International Financial Centre, aiming to boost Penang’s role in finance and tech." Kuala Lumpur, 27th August 2025, 01.10pm - Eastern & Oriental Bhd has proposed its Andaman Island development in Penang as the site of the planned RM10 billion Penang International Financial Centre (PIFC). Managing Director Kok Tuck...
"KTMB launches ETS3 southern route on Aug 30, connecting KL Sentral to Kluang. Faster, modern rail travel with 10 trains by 2026." Kluang, 26th August 2025, 01.30pm - Keretapi Tanah Melayu Bhd (KTMB) will officially commence operations of its Electric Train Service 3 (ETS3) on the southern route starting August 30, connecting KL Sentral–Kluang–KL Sentral, announced Transport Minister Anthony...
"Malaysia to introduce incentives for property developers under the ‘build and sell’ housing model in 13MP to prevent abandoned projects by 2030, says Housing Minister Nga Kor Ming." Perak, 25th August 2025, 01.15pm - The Malaysian government will introduce incentives for property developers adopting the ‘build and sell’ housing model, as part of efforts to eliminate abandoned projects...
"Bursa rejects Ivory Properties’ extension to submit PN17 regularisation plan. Trading suspension starts Aug 29, with possible de-listing on Sept 3 unless the group appeals." Kuala Lumpur, 22th August 2025, 12.45pm - Ivory Properties Group Bhd, a Practice Note 17 (PN17) company, announced that Bursa Malaysia Securities has rejected its application for more time to submit a regularisation plan,...
