<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 3): Mudajaya Group Bhd has been awarded an RM118.6 million contract to build a 16-storey office block complex in Sungai Buloh, Selangor.</p></div>

<div class=newsTextDataWrapInner><p>The office complex to be called Hevea Tower is part of a proposed development extending over 2,330 acres of land owned by the Malaysian Rubber Board.</p></div>

<div class=newsTextDataWrapInner><p>Mudajaya, in a filing with Bursa Malaysia, said its wholly-owned subsidiary Mudajaya Corp Bhd accepted the contract from KLIAA-KLIACS Consortium.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>It said the project is expected to be completed by September 2019 and contribute positively to the group’s earnings for the financial year ending Dec 31, 2017 onwards.</p></div>

<div class=newsTextDataWrapInner><p>Mudajaya’s share price closed unchanged at RM1.12 for a market capitalisation of RM662.36 million.</p></div>


KUALA LUMPUR (Oct 3): Mudajaya Group Bhd has been awarded an RM118.6 million contract to build a 16-storey office block complex in Sungai Buloh, Selangor.

The office complex to be called Hevea Tower is part of a proposed development extending over 2,330 acres of land owned by the Malays...

Mudajaya wins contract to build office block in Sungai Buloh

KUALA LUMPUR (Jan 22): Bank Negara Malaysia (BNM) on Wednesday kept the benchmark interest rate unchanged as widely expected, comfortable with its outlook for sustained economic growth and manageable inflation.

BNM keeps OPR steady, takes comfort in sustained growth

The traffic flow on major highways is expected to increase significantly, reaching 2.6 million vehicles per day heading towards the east coast, north, and south for the Chinese New Year celebration from the Klang Valley.

CNY exodus: 2.6 million vehicles expected on major highways each day

KUALA LUMPUR (Jan 22): The government's decision to end toll-free travel during festive seasons and to introduce a "more targeted approach" is a reasonable move as the toll waivers only benefit a portion of households that use the highways during that time, according to analysts.

Profes...

Apt move to end toll waivers during festive seasons — analysts

SRC International Sdn Bhd’s former director Datuk Suboh Md Yasin told the High Court on Wednesday that he signed four blank cheques that led to RM19.5 million going to Umno and Umno Selangor.

Former SRC director says he signed blank cheques, didn’t know payments were to Umno

Malaysia's currency hit a six-week high and stocks advanced for a fourth straight session on Wednesday ahead of a central bank policy decision, while a gauge of emerging Asian equities reversed course weighed by China on US tariff plans.

Ringgit extends gains as BNM holds rates; China stocks drag 

Malaysia’s international reserves fell by US$700 million by mid-January this year, from a fortnight earlier, according to Bank Negara Malaysia (BNM).

BNM: Malaysia’s international reserves down to US$115.5b as at mid-January

KUALA LUMPUR (Jan 22): The risk of overbuilding of residential properties would become more apparent in the coming years, particularly in high-growth cities, according to JLL Properties Services (Malaysia) Sdn Bhd (JLL Malaysia).

JLL Malaysia: Risk of overbuilding as market sentiment improves

Johor Bahru’s residential sector remained active in the third quarter of last year (3Q2024) with transaction volume and value on an upward trend, says Olive Tree Property Consultants (Johor) Sdn Bhd CEO Samuel Tan when presenting The Edge Malaysia | Olive Tree Property Consultants Johor ...

The Edge Malaysia | Olive Tree Property Consultants Johor Bahru Housing Property Monitor 3Q2024: Property market maintains stable performance

The industrial subsector is expected to continue its positive trend in 2025, according to Henry Butcher Malaysia chief operating officer Tang Chee Meng. The Henry Butcher Perspective — Malaysia Property Outlook 2025 report, which was launched on Wednesday, noted that the volume of industrial transactions in the first nine months of 2024 (9M2024) increased by 6.5%, while the value rose 22.8%.

Henry Butcher: Malaysia's industrial subsector to continue strong performance

Debt costs pushed up UK government borrowing more than forecast last month, highlighting the fiscal challenges facing Chancellor of the Exchequer Rachel Reeves.

UK budget deficit soars more than forecast on debt costs

<p>Sunway Bhd (KL:SUNWAY) has started the ball rolling for the initial public offer (IPO) of its healthcare unit, sources told <em>The Edge.</em></p>

<p>Maybank Investment Bank Bhd and AmInvestment Bank Bhd are said to be the front-runners as principal advisers for the IPO of Sunway Healthcare Group, the sources said.</p>


Sunway shortlists bankers for healthcare unit's IPO 

<p>MIDF Research said&nbsp;the recent selldown of data centre-linked construction stocks&nbsp;may have been overdone as it sees the US’ AI chip export restrictions having minimal impact on data centre operations here.</p>

<p>In a note, MIDF Research said this prompted&nbsp;its upgrade on&nbsp;Sunway Construction Group Berhad (KL:SUNCON) to a “buy”, from “neutral”.</p>


MIDF says selldown on data centre-related stocks overdone, upgrades SunCon

<p>Malaysia's currency hit a six-week high and stocks advanced for a fourth straight session on Wednesday ahead of a central bank policy decision, while a gauge of emerging Asian equities reversed course weighed by China on US tariff plans.</p>


<p>KUALA LUMPUR (Jan 22): Malaysia’s property market is now showing signs of improvement that will lift Malaysian banking stocks under pressure from uncertainties over data-centre outlook, according to CIMB Securities.</p>


CIMB Securities: Malaysian property market now showing signs of improvement that will lift banking stocks

<p>(Jan 22): US&nbsp;President Donald&nbsp;Trump&nbsp;on Tuesday announced&nbsp;a&nbsp;private&nbsp;sector&nbsp;investment&nbsp;of up to US$500&nbsp;billion (RM2.23 trillion) to fund&nbsp;infrastructure&nbsp;for artificial intelligence (AI),&nbsp;aiming to outpace rival nations in the business-critical technology.</p>


Trump announces private-sector US$500 bil investment in AI infrastructure

<p>Founders of FashionValet Sdn Bhd Datin Vivy Yusof and her husband Datuk Fadzarudin Shah Anuar have been charged with the misappropriation of RM8 million from Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB), belonging to the company.</p>


FashionValet founders claim trial to alternative charges of fund misappropriation

<p>KUALA LUMPUR (Jan 22): TechStore Bhd, which provides hardware and software to businesses, has fixed its initial public offering (IPO) price at 20 sen per share ahead of its listing on the ACE Market of Bursa Malaysia.</p>


Enterprise hardware and software firm TechStore sets IPO price at 20 sen

<p>US President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the US via Mexico and Canada.</p>


Trump stirs tariff pot with fresh threats on EU, Feb 1 China deadline

<p>President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.</p>


Trump says he’s open to Elon Musk or Larry Ellison purchasing TikTok

<p>Analysts are positive on Sunway Real Estate Investment Trust’s (KL:SUNREIT) acquisition of AEON Mall Seri Manjung in Perak, prompting revisions of their earnings forecasts.</p>


Analysts raise Sunway REIT earnings forecasts after AEON Mall acquisition in Perak

<p>SRC International Sdn Bhd’s former director Datuk Suboh Md Yasin told the High Court on Wednesday that he signed four blank cheques that led to RM19.5 million going to Umno and Umno Selangor.</p>


<p>Global stocks rose on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the dollar near two-week lows.</p>


Stocks get tech boost, tariff uncertainty weighs on dollar 

<p>Indonesia's antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah (US$12.4 million or RM55.3 million) for unfair business practices related to its payment system services for Google Play Store, its software distribution platform.</p>


Indonesia fines Google US$12.4m for unfair business practices

<p>KUALA LUMPUR (Jan 22): Bank Negara Malaysia (BNM) on Wednesday kept the benchmark interest rate unchanged as widely expected, comfortable with its outlook for sustained economic growth and manageable inflation.</p>


<p>DAVOS, Switzerland (Jan 21): Prime Minister Datuk Seri Anwar Ibrahim said digitalisation is a "missing component" in all of Malaysia's previous free trade agreements (FTAs).</p>


PM: Malaysia seeks to upgrade its free trade agreements to cover digitalisation

<p>Over the past two years, the Biden administration struck a careful balance on artificial intelligence. The White House took steps to ensure the US stayed ahead of China in developing the technology while also trying to address some of AI’s many potential risks.</p>


Trump pushes to make US an AI superpower, with fewer guardrails 

<p>President Donald Trump faces a host of headwinds that could thwart his ability to generate a boom for the US economy, according to Harvard University professor Ken Rogoff.</p>


Trump’s plan to trigger boom risks coming undone, Rogoff warns

<p>Inflation in Malaysia eased slightly and was marginally slower than expected in December as prices of non-food items and services rose at a more moderate pace, official data released on Wednesday showed.</p>


Malaysia’s inflation in December slows as non-food price pressure eases, official data shows

<p>Datuk Seri Najib Razak denies seeking royalties from the Middle East to help stepson Riza Aziz over his alleged entanglement with 1Malaysia Development Bhd (1MDB) funds, the court heard on Wednesday.</p>


Najib says stepson was already servicing loan from Emerati prince, phone call only to formalise agreement

<p>Lawmakers in some of Asia’s key digital-assets markets are warming to the industry as Donald Trump’s pro-crypto agenda in the US ripples through the region.</p>
