News by M

Bank Negara Malaysia (BNM) has kept its benchmark overnight policy rate (OPR) unchanged at 2.75% on Thursday, in line with expectations.

Exsim Hospitality Bhd (KL:EXSIMHB) announced the partnership with developer Majestic Gen to introduce professionally-managed accommodation in selected developments nationwide, with a potential pipeline of over 3,000 keys over the next four years.

Property developer Bedi Bhd (KL:BEDI), which was known as WMG Holdings Bhd up until September 2025, is buying an 8.7-acre parcel of land in Penampang, Sabah, for RM15.92 million.

Semantan Estate (1952) Sdn Bhd has filed a discovery application to obtain survey and acquisition plans from before Merdeka for its compensation hearing over the “Duta Enclave” land, which the court ruled the government had trespassed on. The survey and acquisition plans date from 1956 to 1960.

Every day, Malaysian workers navigate surfaces that could mean the difference between a safe shift and serious injury, or worse, their last day.

Sustainability is no longer a marketing edge, it’s fast becoming a base specification across Malaysia’s industrial landscape.

Mah Sing Group Bhd has opened the M Aurora sales gallery in Old Klang Road, marking its first project in the area, with the initial Tower B Phase 1A recording a 96% take-up rate.

Tropicana Corp Bhd (Tropicana) reported revenue of RM1.5 billion for the financial year ended Dec 31, 2025 (FY2025), up 6% from the preceding year, supported by higher progress billings across projects in the Klang Valley, southern and northern regions.

Malaysian contractors and building materials companies may face margin pressure from rising costs amid escalating conflict in the Middle East, CIMB Securities said.

Malaysia’s anti-graft agency said it has opened an investigation paper linked to Sunway Bhd’s (KL:SUNWAY) ongoing takeover offer for IJM Corp Bhd (KL:IJM).