News by M

A preferential withholding tax on dividends from real estate investment trusts (REITs), which expired at the end of 2025, is likely to be renewed with existing terms, said Kenanga Investment Bank.

Mah Sing Group Bhd completed M Astra in Setapak ahead of schedule, recording an 89% Quality Assessment System in Construction (QLASSIC) score, the highest achieved by the group to date and the first development under its M Series to reach the rating.

The National House Buyers Association Malaysia (HBA) has welcomed the move to require greater disclosure and early consultation in urban development, and stresses that democratic participation must take place before decisions affecting communities are finalised.

Real estate solutions provider Hartamas Real Estate has entered into a Memorandum of Understanding (MOU) with UCAN Technologies Sdn Bhd to collaborate on the adoption of artificial intelligence (AI)-driven solutions.

The Seremban High Court has fixed May 19 to deliver its decision on mesne profit sought by Semantan Estate (1952) Sdn Bhd in its legal battle against the Malaysian government over the acquisition of the 'Duta Enclave'.

The fare structure for Malaysia’s East Coast Rail Link (ECRL) is expected to be finalised by the end of this year, Transport Minister Anthony Loke said.

The Ministry of Housing and Local Government (KPKT) will expand the use of local technology to convert food waste into agricultural fertiliser as part of efforts to strengthen the circular economy and support the national food security agenda.

Binastra Corporation Bhd (KL:BNASTRA) has secured a RM742.9 million contract for the main building works of a high-rise development in Johor Bahru.

Sunway Bhd (KL:SUNWAY) said it is proceeding with its takeover offer for IJM Corp Bhd (KL:IJM) despite an ongoing probe by the Malaysian Anti-Corruption Commission involving the target company.

IJM Corp Bhd (KL:IJM) said the freezing of several of its bank accounts by the Malaysian Anti-Corruption Commission (MACC) has no impact on the group’s day-to-day business operations.