News by theedgemalaysia.com

Exchange 106 in Tun Razak Exchange (TRX), Kuala Lumpur, on Friday announced it has reached 75% committed tenancies, securing a total of 1.7 million sq ft of lettable space, positioning the development to reach its financial breakeven target by the third quarter of 2026.

Johor-based developer Joland Group has officially broken ground on a serviced apartment project called Paragon Signature Suites in Johor Bahru. The project is nearly 90% taken-up since the launch in 2Q2025.

Construction and property developer Mudajaya Group Bhd (KL:MUDAJYA) has proposed to consolidate every five shares held by its shareholders into one share.

CBH Engineering Holding Bhd (KL:CBHB), through its wholly-owned subsidiary CBH Engineering Sdn Bhd, has secured a RM20.67 million contract from an undisclosed client—referred to as Company A—for the design and installation of high-voltage early works at a 275kV substation in a data centre located in Johor.

Propel Global Bhd (KL:PGB) has secured a contract worth approximately RM70 million for the civil and structural works of a data centre development in Johor Bahru.

A group of Empire City Damansara unit holders who had not been issued a strata title succeeded in the Federal Court on Thursday to have their lawsuit against the developer heard.

Bagan member of Parliament Lim Guan Eng has proposed the establishment of a special financial zone (SFZ) in Penang as a new economic catalyst to sustain growth in the state, amid escalating global trade tensions.

KTI Landmark Bhd (KL:KTI) has clarified that its recent announcement regarding the proposed redevelopment of Wisma Budaya in Kota Kinabalu does not constitute a contract award, but merely a non-binding Letter of Intent (LOI) from the Ministry of Tourism, Culture and Environment Sabah (KePKAS).

Malaysia Airports Holdings Bhd (KL:MAHB) will appoint an independent assessor to review the power supply design and installation quality of the Kuala Lumpur International Airport (KLIA) aerotrain system following the latest disruption on Wednesday night.

A total of 5,972 foreign nationals have obtained Malaysia My Second Home (MM2H) visas under the revamped programme as of Aug 31, 2025, Tourism, Arts and Culture Minister Tiong King Sing said.