News by Halim Yaacob

The company will acquire a 17-acre site at the managed industrial park, located near the West Coast Expressway. 

The construction group said the contract covers the construction of 61 three-storey terrace houses and one electrical substation.

The consideration for Sejati Sentral was revised down to approximately RM17 million from the indicative RM17.55 million, while that for FYT Land was increased to approximately RM21.87 million from RM21.27 million.

The Court of Appeal also allowed the plaintiffs' appeal against the High Court's dismissal of their application to amend the writ and statement of claim. 

The 35,332 sq m (8.73-acre) site was sold to buyers Lim Chee Cheng and Lim Chee Meng.

The completion of the transaction, known as MKH Acquisition 2, makes MKH a subsidiary of Batu Kawan's Whitmore.

The Penang Mutiara Line has entered its next phase with the award of a RM3.028 billion railway systems contract, allowing railway systems design to proceed alongside ongoing civil works as construction of Penang's first metro rail project gathers pace, according to Mass Rapid Transit Corporation Sdn Bhd (MRT Corp).

Three recent Bursa Malaysia filings have revealed a major industrial land assembly in Kapar, with WG Malaysia VIII Sdn Bhd, a DayOne-linked acquisition vehicle, acquiring about 157 acres of adjoining freehold land for a combined RM687.89 million.

Malaysia has more than doubled its representation on Forbes Asia's Best Under A Billion 2026 list, with 19 publicly listed companies making this year's annual ranking, as the country's artificial intelligence (AI) infrastructure boom continues to drive growth among small and mid-sized businesses.

The future Sungai Nibong LRT station may eventually become one stop along Penang's first urban rail network, but the state's ambitions extend well beyond building another station.