News by M

Hyatt Regency, a global hospitality brand, announced the unveiling of Hyatt Regency Kuala Lumpur at KL Midtown, a five star hotel in Mont Kiara, which is to open its doors on Aug 26 this year.

A lawsuit filed in the US against Genting Malaysia Bhd (KL:GENM) by its business partner RAV Bahamas Ltd has been dismissed, though the court opened the door for an amended complaint.

The development of the Johor-Singapore Special Economic Zone (JS-SEZ) is expected to benefit not only areas surrounding Johor Bahru but also be felt across all 10 districts in the state, said Menteri Besar Datuk Onn Hafiz Ghazi.

Radium Development Bhd (Radium) has relaunched Chancery Ampang SOHO, featuring Kuala Lumpur city’s first pet-friendly high-rise park.

Technology stocks and construction companies building data centres fell on Monday morning, following reports of a draft US rule that will restrict exports of artificial intelligence (AI) chips to Malaysia and Thailand.

Malaysia Rail Link Sdn Bhd (MRL) has been instructed to closely monitor the implementation of the East Coast Rail Link (ECRL) project, which has now reached 85% progress.

Kim Hin Industry Bhd (KL:KIMHIN) is set to be taken private after its chairman Chua Seng Huat and family offered RM45 million to buy out the ceramic tile manufacturer.

Transport Minister Anthony Loke said the recent Kuala Lumpur International Airport (KLIA) aerotrain disruption was caused by a failure in the airport’s older infrastructure, not the new train system.

The ministry clarified that the SST revisions effective July 1 do not include any change in the service tax applied to hotel accommodation or F&B served at hotels.

Leong said the project benefits from the maturity of the township in Shah Alam, Selangor.