News by M

The government is seeking to forfeit funds in accounts belonging to Ilham Tower Sdn Bhd and an individual connected to the investigation into the late former finance minister Tun Daim Zainuddin.

Prasarana Malaysia Bhd is taking the issue of cable theft seriously, which has caused losses estimated at RM20.6 million in the past three years, thus affecting rail service operations and the safety of public transport users.

Sunway Construction Group Bhd (KL:SUNCON) said on Thursday its unit has received a work order valued at RM570 million to carry out core and shell works for a data centre in Johor.

Advancecon Holdings Bhd (KL:ADVCON) has secured a RM19.33 million contract for earthworks related to a proposed industrial development in Ijok, Selangor.

Gamuda Bhd (KL:GAMUDA) said on Thursday it has secured another two contracts worth over RM8 billion in Australia.

Malaysia’s property and real estate investment trust (REIT) sectors are entering a policy-driven upcycle, anchored by the government’s plan to deliver one million affordable homes between 2026 and 2035 under the 13th Malaysia Plan, BIMB Securities Research said.

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the appointment of Hannah Yeoh as Minister in the Prime Minister’s Department (Federal Territories), along with Datuk Lo Su Fui as her deputy, will not undermine the Malay agenda in the Federal Territories.

I-Bhd (KL:IBHD) has soft-opened its AI World Experience Centre on Thursday at its 72-acre i-City development in Shah Alam, Selangor. The AI World Experience Centre will be officially opened to public on Jan 13, 2026.

Magma Group Bhd has formalised a global marketing partnership with Savills Malaysia for its boutique branded residential development, Wolo Mont Kiara KL.

YNH Property Bhd (KL:YNHPROP) announced a board shake-up on Wednesday, after the group’s largest shareholder Datuk Dr Yu Kuan Chon’s son failed to get re-elected at its annual general meeting (AGM) on Wednesday.