Engineering and construction outfit George Kent (Malaysia) Bhd (KL:GKENT) slipped into the red in the first financial quarter ended June 30, 2025 (1QFY2026), with a net loss of RM8.10 million compared with a net profit of RM236,000 a year ago.

A thorough cost-benefit analysis is needed to determine if Terengganu's Tasik Kenyir can become a data centre and artificial intelligence hub, as proposed by a lawmaker from the state, according to the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Telecommunications services provider Silver Ridge Holdings Bhd’s (KL:SRIDGE) plan to build six data centres in Cyberjaya has collapsed after its joint venture partner, Selangor Industrial Corporation Sdn Bhd (SIC), a Perbadanan Kemajuan Negeri Selangor (PKNS) unit, withdrew from the deal.

Manufacturer of tissue-related products KPS Consortium Bhd  entered into an agreement to acquire a parcel of leasehold industrial land measuring 16,363 sq m in Klang, Selangor, from Pelangi Technowood Sdn Bhd for a cash consideration of RM30 million.

Star Media Group Bhd (KL:STAR) slipped into the red with a net loss of RM231,000 for the second quarter ended June 30, 2025 (2QFY2025), against a net profit of RM7.49 million a year earlier.

Malaysia is targeting a 40% national recycling rate, urging communities to go beyond Reduce, Reuse, Recycle by adding a fourth “R”: Rethink—promoting conscious consumption for a sustainable, responsible future.

Noteworthy:

• Freehold
• Built-up size: 4,000 sq ft
• 4 bedrooms, 4 bathrooms
• Semi-furnished
• Nearby amenities: IKEA, The Curve, IGB International School, ELC International School, Sungai Buloh Hospital, Sierramas Community Club
• Accessibility: NKVE, LDP, MRR2, Jalan Sierramas Utama

When: February 2025

The Ministry of Housing and Local Government (KPKT) will table the Urban Renewal Bill (PSB) in the Dewan Rakyat for the first reading this Thursday, said its Minister Nga Kor Ming.

Astaka Holdings Ltd on Tuesday unveiled Phase 3B of its RM3.6 billion gross development value (GDV) integrated project—One Bukit Senyum in Johor Bahru. The new phase consists of a mixed-use development with a GDV of RM1.2 billion.

Government’s upcoming technical study on extending the East Coast Rail Link (ECRL) to the Malaysia–Thailand border will look into addressing some challenges, including track gauge differences and flood risks, said Transport Minister Anthony Loke Siew Fook.