News by Izzul Ikram

The Housing and Local Government Ministry (KPKT) said its primary focus in 2025 will be tabling the Urban Renewal Act (URA) to redevelop dilapidated urban areas.

Tenaga Nasional Bhd (TNB) (KL:TENAGA), Malaysia's largest utility company, views data centres as highly attractive customers for its infrastructure projects, offering excellent returns on investment (ROI).

KLCC Property Holdings Bhd’s (KLCCP) (KL:KLCC) wholly owned unit Suria KLCC Sdn Bhd has upsized its sukuk murabahah programme to RM2 billion from RM600 million.

Andrew Khoo Boo Yeow, the son to whom Tan Sri Khoo Kay Peng passed the baton six years ago, has been in the thick of action to unlock the MUI group’s asset value over the past two years.

Cahya Mata Sarawak Bhd (KL:CMSB) has aborted its joint venture project to build a four-star hotel and serviced apartments in Kuching Isthmus, a business district in Kuching, Sarawak, with its joint venture (JV) partners.

The Malaysia Retailers Association (MRA) has expressed concerns about the government's decision to increase the base electricity tariff, arguing that it will negatively impact the country's competitiveness and economic recovery.

Gamuda Bhd is acquiring 389.7 acres of land in the Springhill Industrial Park, Port Dickson for RM424.4 million, cash, from a joint venture (JV) between MUI Properties Bhd (MUIPROP) and Chin Teck Plantations Bhd.

Paragon Globe Bhd’s (KL:PGLOBE) shareholders have approved the Johor-based property developer’s various land deals as well as its joint development with a unit of Tropicana Corp Bhd (KL:TROP).

The government has removed the 85% demand capacity cap for non-domestic users under its self-consumption (SelCo) programme, and to allow the installation of solar panels on the ground and over bodies of water.

Malaysian Resources Corp Bhd (KL:MRCB) has withdrawn from the Berjaya-led consortium bidding for the multi-billion-ringgit Kuala Lumpur-Singapore high-speed rail (HSR) project, Berjaya Group announced on Wednesday.