News by theedgemalaysia.com

The 20.7km Setiawangsa-Pantai Expressway (SPE) will be officially open in its entirety to motorists at 11.59pm on Friday.

While Bank Negara Malaysia's (BNM) decision to keep the overnight policy rate (OPR) unchanged at 3% in its final monetary policy committee meeting for the year was well expected by economists following Malaysia's positive economic growth, they, however, appear divided on the central bank's stance going forward.

Atrium Real Estate Investment Trust’s (Atrium REIT) asset manager Atrium REIT Managers Sdn Bhd (ABSB) has acquired buildings and leasehold land in Shah Alam, Selangor from a related party, Amazing Blitz Sdn Bhd (ABSB), for RM41 million cash.

Stella Holdings Bhd received shareholders’ approval to buy construction firm Pembinaan Teguh Maju Sdn Bhd (PTM) in an extraordinary general meeting (EGM) on Thursday.

The Malaysian government is still searching for a suitable financing method for the Kuala Lumpur-Singapore High-Speed Rail (HSR) project before bringing it to the Singapore government for further discussions, says Transport Minister Anthony Loke.

Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 3% in its Monetary Policy Committee (MPC) meeting on Thursday.

The additional RM4.7 billion allocation for the LRT3 project, as announced in Budget 2024, will be used for various purposes, according to Transport Minister Anthony Loke.

HIL Industries Bhd has proposed to acquire a three-acre piece of land in Kuala Lumpur for RM47 million cash to undertake  a condominium development.

IJM Land Bhd signed a memorandum of understanding (MOU) with OCBC Bank (Malaysia) Bhd on Wednesday to offer a Green Home Financing scheme that consists of competitive financing rates, fast turnaround upon approval, and a cashback programme to encourage green homeownership among homebuyers.

Singapore-based property management company Bespoke Habitat has marked its foray into the Malaysian market with its co-living space in Johor Bahru.