Two of S P Setia Bhd’s commercial projects in Semenyih, Pines Avenue at Setia Ecohill 2 and Baris Place 2 at Setia Mayuri have recorded 100% take ups.

NEM Rakyat will be increased by 150 megawatts (MW) to 600MW, while NEM Nova will be increased by 300MW to 1,700MW. 

A sale-and-purchase agreement for the land, the site of the former Royal Malaysian Air Force base on Jalan Sungai Besi, Kuala Lumpur, was signed with Bandar Malaysia Sdn Bhd and Bandar Malaysia Land Sdn Bhd on Oct 4.

A total of 12 fraud cases involving home contractors, with claims amounting to RM237,794, have been recorded in Melaka from Jan 1 to today, compared to 16 cases with claims totalling over RM445,000 last year.

Grant Thornton highlighted the group’s and the company’s net losses of RM12.79 million and RM17.12 million, respectively, in the audited financial statements for the financial year ended Aug 31, 2024. 

In line with his resignation, Nan Yang will also vacate his role as an alternate director to MFCB’s executive chairman, Goh Nan Kioh, who is his brother. 

Kedah-based Imperio Group has signed an agreement with Accor Group to open an ibis Styles hotel at its upcoming The Tenz integrated development in Alor Setar, Kedah. The hotel will be the first international hotel in the city.

The Johor-Singapore Special Economic Zone (JS-SEZ) is set to be signed in Jan 2025. This bold initiative has sparked renewed optimism in Johor’s property market, fostering cross-border economic opportunities.

Trinity Group is equipping five of its flagship developments with automated external defibrillators (AEDs) and mobility-assistance equipment to enhance resident safety and as part of its environmental, social, and governance (ESG) initiatives.

Chai Woon Yun, daughter of Aset Kayamas founder Tan Sri Datuk Chai Kin Kong, has become the largest shareholder of Kanger International Bhd through a private placement.