Izwan Hasli will steer the next chapter of the Merdeka 118 precinct with a clear focus on 118 Mall, The View at 118 observation deck, the Merdeka Textile Museum and other upcoming components, PNB Merdeka Ventures said in a statement on Monday.
Selangor’s 30% local content rule, after Johor’s tighter rules, will result in fewer but bigger and more valuable data centre projects, said BIMB Securities Research.
TRC Synergy Bhd (KL:TRC) has secured a RM550.8 million contract from SRS Consortium Sdn Bhd for works related to the Penang Light Rail Transit (LRT) Mutiara Line project.
Noteworthy:
When: October 2025
Pelaburan Hartanah Bhd (PHB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has appointed Mazuki Abdullah @ Muhammad as its new group managing director, effective Jan 1, 2026.
Sapura Industrial Bhd (KL:SAPIND) announced it is selling its 35,332-square-metre freehold land in Seremban, Negeri Sembilan for RM24.72 million cash to fund general working capital needs.
Noteworthy:
When: August 2025
Malaysia’s home ownership is on the climb, with the figure seeing a moderate pick up last year compared to two years ago.
Tanco Holdings Bhd (KL:TANCO) said it has entered into a joint-venture deal with a China-backed construction firm to jointly bid for logistics warehouse and mega-storage construction projects.
Automotive solutions provider EP Manufacturing Bhd (KL:EPMB) has scrapped plans to jointly develop a commercial project in Kota Kinabalu, Sabah, following the winding up of the project’s turnkey contractor Bina Puri Properties Sdn Bhd (BPPSB), a wholly owned subsidiary of Bina Puri Holdings Bhd (KL:BPURI).
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