News by M

Residents living near the data centre development at Nusajaya 2 Industrial Park, Gelang Patah, Johor, raised concerns over dust pollution and construction hours at a townhall session convened on Feb 12 by Kota Iskandar assemblyman Datuk Pandak Ahmad.

Construction services outfit GDB Holdings Bhd (KL:GDB) clarified on Monday that it has not issued, authorised or circulated any share investment scheme promising investors a 20% annual return.

The Ministry of Housing and Local Government (KPKT) has moved to reinforce governance and monitoring mechanisms for the MyKiosk initiative following a review by the Malaysian Anti-Corruption Commission (MACC), which found no evidence of criminal misconduct, corruption or abuse of power in the programme’s implementation.

GDB Holdings Bhd (KL:GDB) is acquiring three parcels of leasehold land in Kuching, Sarawak for RM32.72 million, marking its expansion into property development there.

The Ministry of Transport is intensifying efforts to expedite the opening of the Light Rail Transit Line 3 (LRT3), connecting Shah Alam and its surrounding areas to help ease traffic congestion in the Klang Valley.

The main structural framework of Wisma ELM in Bukit Damansara remains intact and structurally sound following an independent engineering assessment, according to AmanahRaya-Kenedix REIT Manager Sdn Bhd.

UEM Sunrise Bhd (KL:UEMS) has completed the issuance of Islamic medium-term notes (IMTN) totalling RM500 million in nominal value, under its existing IMTN programme.

PR1MA Corporation Malaysia has appointed Brian Iskandar Zulkarim as its group chief executive officer (CEO), effective Jan 1, 2026.

UDA Holdings Bhd has handed over keys to more than 70 buyers of its UDA Heights landed residential project in Bandar UDA Utama, Johor, two months ahead of schedule.

Paramount Corp Bhd saw its profit attributable to ordinary shareholders rise 16% to RM118.82 million for the financial year ended Dec 31, 2025 (FY2025), compared with RM102.45 million a year earlier, according to its latest filing with Bursa Malaysia.