News by theedgemalaysia.com

Malaysia’s iconic skyscraper, Menara Merdeka 118, has clinched two World Gold awards in the Office and Sustainable Development categories at the prestigious FIABCI World Prix d’Excellence Awards 2026.

Scottish-based global data and analytics company Wood Mackenzie (WoodMac) warns that Johor’s data centre projects could consume 40% of the state’s electricity demands by 2035, an increase of around 24%, putting pressure on the state’s grid infrastructure to keep up with demand.

Co-working space provider International Workplace Group (IWG) has launched Malaysia's first Regus Express at Crowne Plaza Kuala Lumpur City Centre (KLCC).

Sunway Construction Group Bhd (KL:SUNCON) said it has secured additional change orders worth RM664.4 million for two data centre-related projects in Johor, bringing the total contract value to RM865.6 million.

After telling the investing public that it was business as usual at Tanco Holdings Bhd (KL:TANCO) despite the collapse of its share price, group managing director Datuk Seri Andrew Tan Jun Suan also continued his trading as usual.

Country Heights Holdings Bhd (KL:CHHB) is searching for a new CEO after Mohd Rizal Zubair resigned from the position barely two months after taking the helm.

Tan Sri Vincent Tan has increased his direct shareholding in Berjaya Corp Bhd (KL:BJCORP), just a few weeks after ceasing to be a substantial shareholder in the group.

Mycron Steel Bhd (KL:MYCRON) is moving to take ownership of the Shah Alam property housing its manufacturing operations in a RM30 million deal that it says will reduce rental costs and provide greater flexibility for future expansion plans.

The Malaysian REIT Managers Association (MRMA) has appointed Derek Teh Wan Wei as chairman of the association at its annual general meeting.

MBSB anticipates retail sales to moderate to 5.5% in 2026 from 6.1% a year ago, as a healthy labour market and positive income growth, including salary adjustments for the public sector, are expected to establish steady support for consumption activity.