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Gamuda Unit Bags Two EPC Contracts In Australia Worth RM3.12 Bln

KUALA LUMPUR, May 20 (Bernama) -- Gamuda Bhd’s wholly owned subsidiary in Australia, DT Infrastructure, has secured two engineering, procurement and construction (EPC) contracts worth AU$1.1 billion (approximately RM3.12 billion) for the delivery of Smoky Creek and Guthrie’s Gap solar power stations.

Lendlease REIT Completes Full Acquisition Of PLQ Mall, Posts Positive Rental Reversion

KUALA LUMPUR, May 19 (Bernama) -- Lendlease Global Commercial REIT (Lendlease REIT) completed the acquisition of the remaining 30 per cent interest in PLQ Mall on March 26, 2026, achieving full ownership of the Singapore retail asset as it undertakes enhancement works aimed at improving space utilisation and rental income.

Red Sea Global Opens First Joint Venture-Developed Resort At Shura Island

KUALA LUMPUR, May 19 (Bernama) -- Red Sea Global (RSG), the regenerative tourism developer, has reached a major milestone as Four Seasons Resort and Residences Red Sea at Shura Island welcomed its first guests beginning May 20.

Bursa Gold Dinar Platform Attracts More Than 150,000 Registrations Since 2024

KUALA LUMPUR, May 19 (Bernama) --  Bursa Gold Dinar, the Shariah-compliant gold trading platform, has attracted more than 150,000 registrations since it was introduced in January 2024, said Bursa Malaysia Bhd’s Derivatives and Carbon Markets director, Mohd Saleem Kader Bakas.

Malakoff Subsidiaries Secure PPA Extensions For 1,732MW Lumut Power Plants

KUALA LUMPUR, May 18 (Bernama) -- Malakoff Corporation Bhd’s subsidiaries, GB3 Sdn Bhd and Segari Energy Ventures Sdn Bhd (SEV), have signed power purchase agreements (PPAs) with Tenaga Nasional Bhd to extend the operations of two gas-fired power plants in Lumut, Perak.

SIC Bets On Premium Positioning For Driving Experience Centre Despite Slow Take-up

KUALA LUMPUR, May 18 (Bernama) -- Sepang International Circuit (SIC) is maintaining a premium positioning for its newly completed Driving Experience Centre (DEC) despite modest early utilisation as the initiative forms part of efforts to sweat its non-race assets and diversify revenue streams.

​​​​​​​Malaysia Well-positioned To Gain From Global Supply Chain Shift -- Apex Securities

KUALA LUMPUR, May 18 (Bernama) -- Malaysia is well-positioned to benefit from the ongoing global supply chain restructuring as multinational corporations continue diversifying operations beyond China and Taiwan amid persistent geopolitical tensions, according to Apex Securities Bhd.

LSH Capital Receives RAC Letter Of Offer For RM197.9 Mln Land Project

KUALA LUMPUR, May 15 (Bernama) -- Lim Seong Hai Capital Bhd (LSH) has received an offer letter from Railway Assets Corporation (RAC) for the proposed sale and development of two parcels of land with a combined value of RM197.90 million in Petaling, Selangor.

Taiwan’s ALP Launches RM500 Mln Smart Cold Chain Facility In Shah Alam

KUALA LUMPUR, May 15 (Bernama) -- Taiwan property developer and operator of smart logistics infrastructure company, Ally Logistic Property (ALP), has launched its first purpose-built smart cold chain facility in Malaysia and second OMEGA project in the Klang Valley for approximately RM500 million.

Iran Conflict May Boost Drilling Activities Off Sabah, Says Labuan O&G Player

LABUAN, May 15 (Bernama) -- The unresolved conflict involving Iran is expected to indirectly drive more active oil drilling activities in Sabah waters, said Labuan Chamber of Commerce (LCC) Oil and Gas Bureau chairman Masnawi Nawe.

Fima Corp's Unit Bags Three Contracts From MOE Worth RM197.09 Mln

KUALA LUMPUR, May 14 (Bernama) -- Manufacturing, plantation and property management company, Fima Corporation Bhd’s wholly-owned subsidiary, Percetakan Keselamatan Nasional Sdn Bhd (PKN) has accepted three letters of acceptance (LOA) from the Ministry of Education (MOE) worth RM197.09 million.

Allianz General Boosts Business Resilience With Tailored Solutions

KUALA LUMPUR, May 12 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd said it was committed to empowering small and medium enterprises (SMEs) with tailored insurance solutions to strengthen resilience and help them adapt to an evolving risk environment amid economic headwinds.