News by theedgemalaysia.com

Titijaya Land Bhd (KL:TITIJYA) is gearing up for a commercial development in Likas, Kota Kinabalu, alongside ongoing progress on its purpose-built student accommodation project near Universiti Malaysia Sabah.

The Economy Ministry has defended the handling of the Johor-Singapore Special Economic Zone (JS-SEZ) master plan, saying the initiative remains on track and is being carefully coordinated despite calls from the Johor state government for its immediate release.

Data centres are expected to consume one-third of Malaysia’s electricity supply by 2035 and the government is taking steps to ensure stable and reliable power.

The High Court hearing for Semantan Estate (1952) Sdn Bhd's compensation according to the 1956 market rate will proceed on Aug 1 and 14, and Sept 1.

The proposed councillor system for Kuala Lumpur City Hall (DBKL) will not be introduced for now, as the government focuses on strengthening existing governance mechanisms.

Majestic Gen Sdn Bhd has appointed Wong Yik Fong as its new CEO effective July 1, 2026, as part of a strengthened leadership structure to drive its next phase of expansion and succession.

The long-awaited master plan and investment blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ) have been completed and approved by the Cabinet, but their launch will only take place after the Johor state elections.

Some 32,800 completed homes worth RM16.37 billion remained unsold in the first quarter of 2026 (1Q2026), with nearly half priced below RM300,000, said Deputy Housing and Local Government Minister Datuk Aiman Athirah Sabu, citing National Property Information Centre data.

Contractors appointed for the LRT Shah Alam Line, or otherwise known as LRT3, are liable for RM2.729 million in liquidated damages for every day the project is delayed, Deputy Transport Minister Datuk Hasbi Habibollah told the Dewan Rakyat.

Pavilion Group and joint-venture partner Canada Pension Plan Investment Board have achieved a major construction milestone with the topping-out of the 31-storey Corporate Suites-Hotel Tower at Pavilion Damansara Heights New Phase.