News by Emir Zainul

The toll collection for Section 1 of the West Coast Expressway (WCE), which connects the Banting Interchange to the South Klang Valley Expressway (SKVE) Interchange, will commence next Monday (Sept 30), according to WCE Holdings Bhd (KL:WCEHB).

Mechanical and electrical (M&E) services specialist Bintai Kinden Corp Bhd (KL:BINTAI) is doubling down on its construction division as part of its proposed regularisation plan to uplift the company from its Practice Note 17 (PN17) status.

The recently announced incentives are expected to attract international capital to Forest City’s special financial zone (SFZ) and Johor, which is considered the country's new main growth engine, said Prime Minister Datuk Seri Anwar Ibrahim.

The Johor state government is in the midst of finalising a local transport network designed to complement the Johor Bahru-Singapore Rapid Transit System (RTS) Link.

The NSRF addresses the use of the IFRS Sustainability Disclosures Standards issued by the International Sustainability Standards Board (ISSB) as the baseline for sustainability disclosures for companies in Malaysia. 

The Securities Commission Malaysia (SC) has outlined several conditions for single family office vehicles (SFOVs) to be eligible for the recently announced 0% concessionary tax rate, including assets under management (AUM) of at least RM30 million.

Country Heights Holdings Bhd (KL:CHHB) said it will request a contractor for the group's residential project in Kedah to withdraw its legal action against the group's subsidiary, Country Heights Smart Living Sdn Bhd, over alleged unpaid payments.

Transparency International Malaysia (TI-M) is calling on the Malaysian government to set up an independent expert panel to monitor the delivery of the Mass Rapid Transit 3 (MRT3) project.

IOI Properties Group Bhd (KL:IOIPG) is going to launch its IOI Industrial Park at Banting, Selangor by the second quarter of next year and is planning another one in Melaka that is expected to be launched two quarters later.

Kerjaya Prospek Property Bhd's (KL:KPPROP) chief executive officer Joanne Lee Sor Phaik has resigned from her role after only slightly more than a year helming the property developer.