News by Luqman Amin

Malaysia’s headline inflation slowed in February 2025 as food prices stabilised while housing and utilities costs moderated, according to official data released on Friday.

TSR Capital Bhd (KL:TSRCAP), a construction and property developer, has been awarded a RM219 million contract by Kwasa Land Sdn Bhd for infrastructure and water reservoir construction at the Kwasa Damansara township in Sungai Buloh, Selangor.

The other shareholders of Cyberview — the master developer of Cyberjaya — include Sime Darby Property Bhd (KL:SIMEPROP), with a 5.17% stake, and Permodalan Nasional Bhd, with a 2.59% stake.

Mohd Iskandar has been serving in the acting role following the departure of Tunku Rozita Tunku Abdul Malek in January.

Conglomerate IJM Corp Bhd (KL:IJM) said on Wednesday it has secured a 143-year leasehold interest in 25 Finsbury Circus — formerly known as 1-5 London Wall Buildings — for £72.5 million (RM407.9 million) from private equity firm TPG Angelo Gordon.

Property developer UEM Sunrise Bhd (KL:UEMS) said on Thursday that it is taking a measured approach in utilising its land bank in the Johor region, prioritising sustainable development and product delivery over rapid monetisation.

UEM Sunrise Bhd (KL:UEMS) said on Thursday it will jointly develop some of its land in Iskandar Puteri, Johor, with Singapore-listed GuocoLand Ltd.

“The objective is to enhance operational efficiency and productivity while ensuring LTAT’s subsidiaries remain competitive in their respective industries,” Mohamed Khaled said without disclosing further details on the restructuring process.

The government is reviewing the possibility of aligning electricity tariff adjustments at Kulim Hi-Tech Park (KHTP) in Kedah with the scheduled tariff hike across Peninsular Malaysia — which is set to take effect in July, said the Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof.

Opposition Member of Parliament Datuk Wira Mas Ermieyati Samsudin (PN-Masjid Tanah) on Wednesday raised concerns over investments totalling more than RM600 million by government-linked company Pelaburan Hartanah Bhd.