Genting to privatise Genting Malaysia in RM2.35-per-share buyout
The price tag is a premium of nearly 10% to Genting Malaysia's last price of RM2.14 last Friday before trading of the stock was suspended for the announcement.
Sarawak Economic Development Corp no longer a substantial shareholder in Cahya Mata Sarawak
SEDC now only holds a 4.973% stake in CMSB, below the 5% threshold that defines substantial shareholding under regulatory guidelines.
Imperio signs Cold Storage as anchor tenant for historic Tai Kuan site
Imperio Group has signed a lease agreement with GCH Retail (Malaysia) Sdn Bhd to open a Cold Storage outlet at Tenz Emporium in Alor Setar, marking the supermarket chain’s first presence in Kedah.
GameOn partners with CapitaLand, EcoWorld to open new family entertainment centres
GameOn Theme Park has partnered with CapitaLand Malaysia and Eco World Development Group Bhd (KL:ECOWLD) to open new family entertainment centres at the developers’ projects in the Klang Valley.
Barely months into operations, KLIA aerotrain racks up nearly two dozen incidents
The aerotrain system at the Kuala Lumpur International Airport has reported 19 incidents since it resumed operations on July 1, according to the Transport Ministry.
Magma, KLCC Holdings sell Impiana KLCC hotel for RM315m to Valiram-backed buyer
Magma Group Bhd (KL:MAGMA) and KLCC Holdings Sdn Bhd are selling the 519-room Impiana KLCC hotel for RM315 million to Harum Aspirasi, mostly owned by the Valiram family, which runs a luxury retail group.
Property consultants call Budget 2026 balanced yet muted for the industry
Budget 2026, which was tabled by Prime Minister Datuk Seri Anwar Ibrahim on Friday, Oct 10, drew a mixed but measured response from property consultants, noting its focus on regional growth and targeted stimulus.
Mah Sing calls for revival of Home Ownership Campaign to sustain market momentum
Mah Sing Group Bhd (KL:MAHSING) urges the government to consider reintroducing the Home Ownership Campaign (HOC), citing its proven impact in easing homebuyers' financial burden and stimulating the broader property market.
MBAM: RM81b Budget 2026 allocation signals infrastructure push
The Master Builders Association Malaysia (MBAM) has welcomed the RM81 billion development expenditure allocated under Budget 2026, describing it as a critical boost for infrastructure and construction activity nationwide.
TA Global breaks ground on RM3b Ativo Annexe in Bandar Sri Damansara
TA Global Bhd has broken ground on the RM3 billion Ativo Annexe development, marking the next major phase of its 48-acre Damansara Avenue masterplan in Bandar Sri Damansara.
