Transport Minister Anthony Loke said the recent Kuala Lumpur International Airport (KLIA) aerotrain disruption was caused by a failure in the airport’s older infrastructure, not the new train system.
The cause of death was not disclosed in the construction group's bourse filing.
The Penang government, through its investment promotion arm InvestPenang, on Tuesday launched the Silicon Research & Incubation Space (SRIS) and announced several chip innovations by its occupants.
Construction and property firm Kerjaya Prospek Group Bhd (KL:KERJAYA) has announced two major property moves—a RM112.8 million acquisition of land in Kuala Lumpur and the formation of a joint venture (JV) for a mixed-use development in Penang.
The Johor-Singapore Special Economic Zone (JS-SEZ) can boost cooperation, but success depends on reducing wage gaps and fixing worker movement and talent retention issues, according to Malaysian policymakers and industry leaders.
Johor, a rapidly growing economic hub in Malaysia, aims to attract up to RM100 billion in investments by the end of 2025.
Tower Real Estate Investment Trust (KL:TWRREIT), the REIT arm of the Hong Leong Group, announced that Martin Kung Boon Keat, the CEO of its REIT manager GLM REIT Management Sdn Bhd, will step down from his post on June 12, 2025.
East Malaysia-based consumer goods distributor Kim Teck Cheong Consolidated Bhd (KL:KTC) said it is acquiring 15.15 acres of land in Kota Kinabalu to develop a regional distribution and warehouse hub.
Property outfit NCT Alliance Bhd (KL:NCT) has proposed another acquisition of a majority stake in a Sabah landowner. The RM36 million acquisition will be settled via a share transfer.
The initiative, launched under the purview of Majlis Bandaraya Seremban (MBS), is designed to cut project approval times from 24 months to just 14 months.
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