News by Emir Zainul

The NSRF addresses the use of the IFRS Sustainability Disclosures Standards issued by the International Sustainability Standards Board (ISSB) as the baseline for sustainability disclosures for companies in Malaysia. 

The Securities Commission Malaysia (SC) has outlined several conditions for single family office vehicles (SFOVs) to be eligible for the recently announced 0% concessionary tax rate, including assets under management (AUM) of at least RM30 million.

Country Heights Holdings Bhd (KL:CHHB) said it will request a contractor for the group's residential project in Kedah to withdraw its legal action against the group's subsidiary, Country Heights Smart Living Sdn Bhd, over alleged unpaid payments.

Transparency International Malaysia (TI-M) is calling on the Malaysian government to set up an independent expert panel to monitor the delivery of the Mass Rapid Transit 3 (MRT3) project.

IOI Properties Group Bhd (KL:IOIPG) is going to launch its IOI Industrial Park at Banting, Selangor by the second quarter of next year and is planning another one in Melaka that is expected to be launched two quarters later.

Kerjaya Prospek Property Bhd's (KL:KPPROP) chief executive officer Joanne Lee Sor Phaik has resigned from her role after only slightly more than a year helming the property developer.

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said on Friday that it will be undertaking a three-month public inspection exercise to gather feedback from members of the public on the planned MRT3 project, also known as the Circle Line.

KLCCP Stapled Group Bhd (KL: KLCC) said its second quarter net profit rose 5.67% to RM191.06 million from RM180.8 million a year ago, on the back of commendable performances from all businesses, especially the retail and hotel segments.

Bina Darulaman Bhd (KL:BDB), Kedah state government’s investment holding company, said it is facing a lawsuit over alleged trespassing of stray golf balls into a private property in the state.

Axis Real Estate Investment Trust (Axis REIT) (KL: AXREIT), which mainly focuses on industrial assets, has proposed to acquire two adjoining pieces of land together with buildings near Port Klang for RM158.64 million.