The Selangor State Development Corporation (PKNS) has launched its Buy & Win Campaign that will run until Nov 30, 2025.

Kuchai Development Bhd (KL:KUCHAI) has proposed a special dividend of 44.8 sen per share to be followed by the company's voluntary withdrawal from Bursa Malaysia.

IGB Real Estate Investment Trust (REIT) (KL:IGBREIT) has proposed to set up a RM5 billion medium-term notes (MTN) programme.

Chin Hin Group Property Bhd (KL:CHGP) is disposing of two freehold industrial plots in Johor Bahru for RM19.3 million cash to Miroad Rubber Industries Sdn Bhd.

Noteworthy

• Freehold
• Built-up size: 2,200 sq ft 
• Land size: 1,760
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: AEON Big Bukit Rimau, SJK(C) Chung Hua Kota Kemuning, MITstem International School, KPJ Shah Alam, Masjid Alam Impian.
• Accessibility: Lebuhraya Kemuning–Shah Alam (LKSA, E13), Shah Alam Expressway (Kesas, E5).

When: May 2025

The contract covers the installation and rental of AI-powered CCTV cameras, panic buttons and smart traffic lights, as well as the establishment of the Batu Pahat Smart Integrated Operations Centre.

The proposed facility with a storage capacity of two million pallet positions is aimed at accelerating the group’s expansion into logistics automation. 

The facility under construction will serve as GXO’s regional logistics hub, supporting supply chain operations for its customers across Southeast Asia.

Unsuitable locations and a mismatch between property prices and local income levels are the main factors driving the high proportion of unsold affordable homes in Malaysia.

S P Setia Bhd has appointed Tan Hwa Min as deputy chief executive officer and Datuk Yuslina Mohd Yunus as chief operating officer with effect from Nov 17, 2025 and Oct 1, 2025, respectively.