News by theedgemalaysia.com

IHG Hotels & Resorts is bringing its Vignette Collection brand to Malaysia for the first time through a partnership with Franky Group of Companies.

Majestic Gen has acquired three adjoining parcels of freehold land along Jalan Anson in George Town for RM75 million.

Vantage Data Centers has finished its four-building, six-acre campus in Cyberjaya, with the last 16-megawatt (MW) facility now operating. It is one of the company’s three campuses in Malaysia.

Advancecon Holdings Bhd (KL:ADVCON) has secured a second favourable adjudication decision in its payment dispute with China Communications Construction (ECRL) Sdn Bhd (CCC) over works carried out for the East Coast Rail Link (ECRL) project.

Bina Puri Holdings Bhd’s (KL:BPURI) has received its sixth winding-up petition this year, after the Inland Revenue Board (IRB) filed action against its wholly owned unit BPI (WM) Sdn Bhd for allegedly failing to pay outstanding taxes.

Palm kernel expeller manufacturer Muar Ban Lee Group Bhd (KL:MBL) has acquired two parcels of industrial land together with existing buildings in Muar, Johor, for a total consideration of RM9.5 million, as part of its ongoing capacity expansion strategy.

Gabungan AQRS Bhd (KL:GBGAQRS) has entered into an agreement with the owner of a 7.92-acre site in Bangi to jointly undertake a commercial and residential project with a potential gross development value of up to RM600.47 million.

Sabah’s Bumiputera housing quota approach should be adopted by other Malaysian states, which retains the 30% allocation but provides homebuyers with more flexibility in terms of unit selection and removal of the holding period for reselling, according to participants of the Real Estate and Housing Developers' Association (Rehda) Institute’s workshop on housing quota on Wednesday.

The High Court of Malaya has ruled that architects have statutory rights to prepare and submit planning applications, invalidating long-standing restrictions imposed by local authorities.

YTL Hotels & Properties Sdn Bhd, a subsidiary of YTL Corp Bhd (KL:YTL), announced that it will open JW Marriott Hotel Johor Bahru on Dec 1, 2026, at a signing ceremony with Marriott International Inc held at JW Marriott Hotel Kuala Lumpur on Wednesday.