News by Luqman Amin

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.

The state aims to be a digital and sustainable hub, having secured two major data-centre projects—one green facility in Nilai backed by US investors, and another artificial intelligence (AI)-focused centre by Gamuda Bhd in Port Dickson.

The zero-tax incentive for single-family offices (SFOs) in Forest City could be gazetted by the Ministry of Finance as early as this Thursday, according to the Securities Commission of Malaysia (SC).

The Johor-Singapore Special Economic Zone (JS-SEZ), as a bilateral initiative, must transcend political cycles, Minister of Economy Datuk Seri Mohd Rafizi Ramli said on Monday.

A comprehensive blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ) is expected to be finalised and unveiled by the end of 2025.

Six major local and international banks have signed letters of intent (LOIs) with the Ministry of Economy to help bring in investments to the Johor-Singapore Special Economic Zone (JS-SEZ), with RM2.35 billion in investment interest already secured.

As Singapore reaches its physical limits for data centre expansion, Malaysia—particularly Johor—is emerging as a preferred destination for global digital infrastructure providers, said Equinix Malaysia managing director Cheam Tat Inn.

Nasdaq-listed digital infrastructure company Equinix Inc has completed the second phase of its KL1 International Business Exchange (IBX) data centre in Cyberjaya, Selangor.

Billionaire investor Tan Sri Chua Ma Yu’s family office is one of the first to benefit from Malaysia’s new 0% tax incentive for single-family offices (SFOs) set up in Forest City, part of the Johor-Singapore Special Economic Zone (SEZ).