News by M

The investment performance was supported by an 86.7% year-on-year growth in private equity and venture capital investments.

The proposed acquisition by Enrich Horizon Sdn Bhd (EHSB) of two parcels of leasehold land measuring about 859,897 sq ft in Mukim Plentong, Daerah Johor Bahru, Johor, was completed yesterday. 

Monterra is scheduled for completion in 2030 and is expected to add new residential, retail and commercial offerings to the Tebrau corridor.

Urban Hallmark Properties founder Datuk Jeffrey Ng said the company deliberately reduced the number of units from the 108 units permitted under local planning guidelines.

The group has entered into two “build and lease” agreements at Elmina Business Park with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of Singapore-based Raiden APAC Pte Ltd, in respect of hyperscale data centre developments. 

The fund supports the group’s SHIFT32 strategy to grow recurring income streams via investment yield and fee-based income. 

The acquisition from Maybank Trustees Bhd, acting as trustee for AmFIRST REIT, covers Menara AmBank together with related assets and rights, including existing tenancies, licences, operational assets, and essential contracts. 

Heavy selling emerged in the final hour of trading in shares of property developer Tanco Holdings Bhd (KL:TANCO) on Monday, extending the counter's losing streak to a fourth consecutive day as it hit limit-down.

Malaysia’s introduction of the stamp duty self‑assessment system marks an important step towards modernising tax administration. It is designed to improve efficiency, reduce processing time, and place greater responsibility on taxpayers and practitioners. 

Motor vehicle distributor Kia Malaysia will move its local car assembly operations to Stellantis Malaysia's plant in Gurun, Kedah, by the third quarter of 2026.