News

about 1 month

Mah Sing Unit Ordered to Pay RM1.65 Million in Legal Costs After High Court Dismisses Lawsuit

"Mah Sing's subsidiary Elite Park Development has been ordered to pay RM1.65 million in legal costs after the High Court dismissed its claims in a lawsuit first filed in 2019." Kuala Lumpur, 29th July 2026, 01.51pm - Mah Sing Group Bhd's wholly owned subsidiary, Elite Park Development Sdn Bhd, has been ordered to pay RM1.65 million in legal costs after the Kuala Lumpur High Court dismissed its

about 2 months

IOI Properties Revises REIT Plan as Portfolio Valuation Rises to RM7.66 Billion

“IOI Properties has revised its proposed REIT exercise after an updated valuation increased its portfolio value to RM7.66 billion, while expanding the retail allocation for investors."

about 2 months

12 Developers Inducted into The Edge Malaysia Responsible Developer Hall of Fame 2026 at BMSPA

“The Edge Malaysia inducted 12 leading developers into its Responsible Developer Hall of Fame 2026 during the 10th Best Managed & Sustainable Property Awards (BMSPA), recognising excellence in sustainable property development."

about 2 months

Solar District Cooling Wins RM18.5 Million Contract to Upgrade Klang Valley Rail Station Systems

Solar District Cooling has secured an RM18.5 million contract to upgrade building management systems at Klang Valley rail transit stations over the next two years.

about 2 months

Government Approves RM207.2 Million for Pasir Puteh Projects to Support ECRL Industrial Hub

“The government has approved RM207.2 million for 46 projects in Pasir Puteh, including downstream industrial infrastructure to support the ECRL cargo station and logistics hub."

2 months

IMF: Data Centres and AI Boom to Support Malaysia's 4.7% Growth in 2026

“The IMF expects Malaysia's economy to grow 4.7% in 2026, supported by data centre investments, AI infrastructure and the global technology upcycle despite rising geopolitical risks."

2 months

ECM Libra Forms Hospitality JV to Manage Ormond Hotel Sandakan and The RuMa KL

“ECM Libra has formed a 50:50 joint venture with Plato Capital's subsidiary to manage Ormond Hotel Sandakan and The RuMa Hotel & Residences, expanding its hospitality business."

2 months

Anwar: Government to Develop Affordable Housing for Civil Servants on Idle Public Land

“The federal government plans to develop affordable housing for civil servants on idle public land, including Customs, Immigration and surplus school sites, says Prime Minister Anwar Ibrahim."

2 months

Data Centres to Consume One-Third of Malaysia's Electricity by 2035

“Malaysia expects data centres to account for one-third of national electricity consumption by 2035, prompting new measures to strengthen grid capacity and energy security."

2 months

TWL Awaits RM1.8 Million Refund After Terminating Three Klang Property Joint Ventures

“TWL Holdings says RM1.8 million remains outstanding for refund following the mutual termination of three Klang property joint ventures, with repayment due by June 2027."

2 months

Tropicana Expands into Hospitality with Malaysia's First Accor-Branded Condotel

“Tropicana is expanding into hospitality through Malaysia's first Accor-branded condotel at Tropicana Grandhill, strengthening its recurring income strategy."

2 months

TWL Ends Three Klang Property Joint Ventures Signed More Than a Decade Ago

“TWL Holdings has mutually terminated three long-running Klang property joint ventures signed between 2013 and 2014 after the projects became unworkable following expired completion timelines."

2 months

Anwar: 50 Acres in Bandar Malaysia to Be Gazetted as Malay Reserve Land

“Prime Minister Anwar Ibrahim says 50 acres within the RM140 billion Bandar Malaysia project will be gazetted as Malay Reserve Land to safeguard Bumiputera interests."

3 months

S P Setia HQ Retains GBI Platinum Status Among Malaysia's Top Green Buildings

“S P Setia's headquarters in Setia Alam has renewed its GBI Platinum certification with a 94-point score, remaining among only 32 Platinum-rated buildings in Malaysia."