UEM Group Bhd, a wholly owned infrastructure arm of sovereign wealth fund Khazanah Nasional Bhd, has confirmed the appointment of Datuk Amran Hafiz Affifudin as its managing director (MD) effective immediately, replacing Datuk Mohd Izani Ghani who has stepped down to take the helm at airport operator Malaysia Airports Holdings Bhd.

The journey towards sustainable construction may be riddled with challenges, but with the sharing of knowledge and best practices at events such as The Edge Malaysia and YTL Cement's Sustainable Construction: The Next Level Symposium that was held on Wednesday at JW Marriott Hotel Kuala Lumpur, industry players can come together and look at how they can overcome such challenges and drive innovation.

Fairfield by Marriott announced the opening of its third hotel in Malaysia in a press statement on Wednesday.

Tourism-related property developer Yong Tai Bhd (KL:YONGTAI) said on Wednesday that it is selling its five-star hotel Courtyard by Marriott Melaka for RM160 million. 

UEM Group Bhd confirmed on Wednesday that its managing director Datuk Mohd Izani Ghani is leaving the engineering-based infrastructure company to take over as the MD of Malaysia Airports Holdings Bhd or MAHB (KL:AIRPORT).

Noteworthy:

• Freehold
• Built-up size: 1,800 sq ft
• Land size: 1,650 sq ft
• 4 bedrooms, 3 bathrooms
• Semi-furnished
• Nearby amenities: LRT Ara Damansara, LRT Lembah Subang, Tropicana Golf & Country Resort, Sultan Abdul Aziz Shah Airport, CITTA Mall, Thomson Hospital Kota Damansara,
• Accessibility: NKVE, SPRINT-Damansara Link and Penchala Link, DASH, Subang-Kelana Jaya Link, LDP

When: April 2024

Avillion Bhd’s (KL:AVI) external auditor has flagged material uncertainty that would affect the hotel-and-travel company’s ability to continue as a going concern.

Datuk Amran Hafiz Affifudin, executive director and head of Malaysian investments at sovereign wealth fund Khazanah Nasional Bhd, has been tipped to take over the reins of UEM Group Bhd from managing director Datuk Mohd Izani Ghani, according to sources.

Bursa Malaysia Bhd (KL:BURSA) will only move its “front office” to the Tun Razak Exchange (TRX), not its entire operation, according to its chairman Tan Sri Abdul Wahid Omar.

American tyre company Goodyear has put its factory in Shah Alam’s Section 15 up for sale, following its March decision to shut down its manufacturing facility in Malaysia as part of its cost restructuring efforts.