News by M

The Dewan Rakyat on Thursday passed the Johor Bahru-Singapore Rapid Transit System (RTS) Link Bill 2026 to strengthen the legal framework for cross-border transport operations between the two countries.

Melati Ehsan Group announced long-term lifestyle partnerships with integrated café hétam and Anytime Fitness for its Khaya Residences in Bangsar, Kuala Lumpur.

A total of 9,375 participants have undergone Building Information Modelling (BIM) training through platforms such as the myBIM Centre and the nationwide myBIM Satellite network, supporting the digitalisation of Malaysia’s construction industry.

Malaysia and Singapore have agreed to finalise their respective domestic laws governing the cross-border operations of the Rapid Transit System (RTS) Link by June 30.

The Malaysian REIT Managers Association (MRMA) has appealed for the continuation of the withholding tax framework for real estate investment trusts (REITs), calling it a critical support mechanism as the sector enters a new growth phase.

The Malaysian Anti-Corruption Commission (MACC) is collaborating with the United Kingdom’s Serious Fraud Office (SFO) in an ongoing investigation involving IJM Corporation Bhd (KL:IJM) over financial transactions and overseas investments amounting to approximately RM2.5 billion.

Property developer Sunsuria Bhd (KL:SUNSURIA) reported sharp drops in its first quarter net profit and revenue, primarily due to lower progressive profit recognition from its completed property projects.

TXCD Bhd (KL:TXCD), a construction and property development player formerly known as Ageson Bhd and a Practice Note 17 (PN17) company, announced it has secured subcontracts valued at RM119.14 million for construction work in Kuala Lumpur from Vestland Bhd (KL:VLB).

Country Heights Holdings Bhd (KL:CHHB) said it has postponed its extraordinary general meeting (EGM), which sought shareholders’ approval to commence legal action against the liquidator of Mines Waterfront Business Park Sdn Bhd (MWBP), in order to allow further review of its circular by shareholders.

In a landmark judgement last week involving a property development project in Penang, the Court of Appeal (COA) ruled that for mixed developments, a single joint management body (JMB) should operate, and there should not be different managements for commercial and residential properties in the running of maintenance and management of the development.