"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...
"Licensed MM2H agent Second Home Plan says Malaysia’s revamped second home visa offers long-term appeal amid rising competition from ASEAN nations." Kuala Lumpur, 05th June 2025, 01.40pm - Second Home Plan Sdn Bhd, a newly launched licensed agent under the Malaysia My Second Home (MM2H) programme, has expressed strong confidence in the revamped visa framework, describing it as a credible and...
"IOI Properties and RHB launch innovative housing loans with renovation and green financing benefits, easing buyer burdens and supporting sustainable living." Kuala Lumpur, 04th June 2025, 11.00am - IOI Properties Group Bhd has entered into a strategic partnership with RHB Banking Group to offer enhanced home financing options, aimed at easing homeownership costs and promoting sustainable property...
"Jaya Tiasa acquires RM100m Sibu land for mixed-use project as it diversifies beyond palm oil. First property venture valued at RM612.7m upon completion." Kuala Lumpur, 03rd June 2025, 11.00am - Jaya Tiasa Holdings Bhd has announced a strategic diversification into property development with the acquisition of four leasehold land parcels in Sibu, Sarawak, for RM100 million in cash. In a filing with...
"IJM Corp's Q4 net profit falls 30% due to one-off credit loss. Construction revenue up 60%, order book at RM7.6b. Dividend declared." Kuala Lumpur, 30th May 2025, 12.10pm - IJM Corporation Bhd reported a 29.9% drop in net profit for the fourth quarter ended March 31, 2025 (4QFY2025) to RM128.95 million, weighed down by a RM54 million expected credit loss from its investment in West Coast Expressway...
"Paradigm REIT prices IPO at RM1 per unit; retail oversubscription mixed, institutional portion fully taken up. Bursa Malaysia listing set for June 10." Kuala Lumpur, 29th May 2025, 01.28pm - Paradigm Real Estate Investment Trust (Paradigm REIT) has priced its initial public offering (IPO) at RM1.00 per unit, as previously guided, ahead of its scheduled listing on the Main Market of Bursa Malaysia on...
