Thai-based hospitality management company ONYX Hospitality Group is expanding its Shama serviced apartment brand with five new properties in China, Malaysia and Thailand in 2024, to meet the increasing demand for serviced apartments in Asia.

Putrajaya is hoping that the revamped Malaysia My Second Home (MM2H) programme can attract “famous personalities” to invest in the country.

Priceworth International Bhd has proposed to acquire a firm that owns properties suitable for the expansion of the group's existing timber businesses and shipyard operation in Sandakan, Sabah.

Impiana Hotel Bhd has changed its company name to Magma Group Bhd effective immediately, its Bursa Malaysia filing on Friday showed.

Country Heights Holdings Bhd said MBSB Bank Bhd is seeking to sell two pieces of land belonging to its subsidiaries through a public auction over the subsidiaries' default on the payment of Islamic term financing facilities.

The Tourism, Arts and Culture Ministry has unveiled a revamped version of the Malaysia My Second Home (MM2H) programme which now has three tiers – silver, gold and platinum.

The High Court has struck out a civil suit by lawyer Mohd Hatta Sanuri against former prime ministers Tun Dr Mahathir Mohamad and Tan Sri Muhyiddin Yassin, the government of Malaysia and several others, over the cancellation of the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project in 2021.

Scientex Bhd’s results for the first quarter ended Oct 31, 2023 (1QFY2024) met the expectations of several research houses, prompting some analysts to adjust their target prices (TPs) for the stock.

MIDF Research has upgraded Eco World Development Group Bhd (EcoWorld) to “buy” at RM1, with an unchanged target price of RM1.14, and said the developer’s core net income of RM272.9 million for the financial year ended Oct 31, 2023 (FY2023) came in above consensus full-year expectations at 107%, but within MIDF’s estimate at 102%.

The government’s requirement for energy audits of all commercial buildings will drive the market towards greater compliance towards sustainability guidelines, said Local Government Development Minister Nga Kor Ming.