News by M

AmanahRaya Real Estate Investment Trust (AmanahRaya REIT) (KL:ARREIT) has entered into a tenancy agreement with Urban Collection Sdn Bhd for the long-term lease and operation of the former Holiday Villa Alor Setar, a 21-storey property that has remained vacant since 2018, marking the revival of a key hospitality asset in Kedah.

Prime Minister Datuk Seri Anwar Ibrahim has defended Khazanah Nasional Bhd’s RM600 million investment for the restoration of heritage buildings in Kuala Lumpur, including Carcosa Seri Negara, describing them as significant landmarks that embody the nation’s history and identity.

Setia Foundation, the charity arm of S P Setia Bhd recently completed the first phase of its STEM Stars Programme, under its Sekolah Angkat Madani initiative, benefitting 1,255 students from Standards 4 to 6 across nine schools in Penang, Selangor, and Johor.

Puchong Member of Parliament Yeo Bee Yin has called on the government to scale up solar and energy-saving upgrades in 10,500 government buildings to help Malaysia reach its net-zero carbon goal.

Muar member of Parliament Syed Saddiq Syed Abdul Rahman has questioned the rationale behind Khazanah Nasional Bhd’s RM600 million investment for the restoration of Carcosa Seri Negara.

Malaysia Rapid Transit Corp Sdn Bhd (MRT Corp) has launched a series of tenders and expressions of interest (EOI) for the Penang Light Rail Transit (LRT) Mutiara Line, inviting bids from qualified local and international contractors as the project enters its implementation phase.

The new Wisma KePKAS, with an estimated development cost of RM70 million, will be located at Jalan Wisma Budaya, on a site measuring approximately 1.1 acres.

The township’s development includes the Sedenak Tech Park (STeP) East, which currently houses several data centres and has attracted investments from foreign players. 

Of the total, Pahang recorded the highest number of cases, at 24 cases, followed by Terengganu (seven cases) and Kelantan (one case).

The price tag is a premium of nearly 10% to Genting Malaysia's last price of RM2.14 last Friday before trading of the stock was suspended for the announcement.