<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 6): Tropicana Corp Bhd (KL:<a href="/askedge/klse/5401" class="ce-stock" target="_blank">TROP</a>) has achieved the structural framework completion of its integrated development called SouthPlace 2 Shoppes &amp; Residences at its 88-acre Tropicana Metropark township in Subang Jaya, Selangor. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>According to a press statement issued on Tuesday (May 5), the project has recorded an 80% take-up rate and is targeted for delivery by March 2027.</p></div>

<div class=newsTextDataWrapInner><p>“With its well-balanced mix of residential, commercial, educational and recreational components, and enhanced connectivity via a dedicated link bridge to the Federal Highway, Tropicana Metropark has been well-received by the market. Building on the success of SouthPlace 1, which achieved full take-up, the strong response to SouthPlace 2 reflects buyers’ confidence in our developments,” said Tropicana managing director of project Loke Wei Feng in the statement.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The residential units range from 583 to 1,044 sq ft and feature green elements such as water-efficient fittings and air-conditioner inverters.</p></div>


Tropicana Corp Bhd (KL:TROP) has achieved the structural framework completion of its integrated development called SouthPlace 2 Shoppes & Residences at its 88-acre Tropicana Metropark township in Subang Jaya, Selangor.

Tropicana Metropark’s SouthPlace 2 hits topping-off milestone with 80% take-up

The Attorney General’s Chambers (AGC) said it decided not to proceed with four charges against former prime minister Tan Sri Muhyiddin Yassin after concluding that continuing the prosecution posed litigation risks that could compromise the remaining charges against him.

Pressing on with Bukhary Equity-linked charges posed risks to broader case against Muhyiddin — AGC

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.

AirAsia Group, EcoWorld, KPJ, YTL Power, Cuscapi, Hextar Retail, Pestech, Butterfield FB, Crest Builder, PTT Synergy, Frontken, UUE

US Treasury Secretary Scott Bessent said he will meet this weekend with his Chinese counterpart, He Lifeng, ahead of a summit between President Donald Trump and Xi Jinping later this month.

Bessent to meet Chinese counterpart He ahead of Trump-Xi summit

Eco World Development Group Bhd (KL:ECOWLD) has emerged as the top bidder for a residential site at Lorong Puntong/Sin Ming Avenue in Singapore, with an offer of S$208.1 million (RM667.62 million).

Eco World tops bids for Singapore residential site with S$208.1 mil offer

OpenAI is working on steps to address artificial intelligence safety issues with its top competitors Anthropic PBC and Google DeepMind, escalating industry efforts to respond to a groundswell of concern that the technology poses an economic and security threat.

OpenAI says working with Anthropic, Google on AI safety

The US poverty rate edged down to the lowest on record in 2025, while median household income hit a record high, the Census Bureau said on Tuesday. There were 34.5 million people in poverty in 2025, the agency said.

US poverty rate dips to lowest on record, Census Bureau says

Meta Platforms said on Tuesday it is launching "Meta One" subscription service for better AI capabilities and new features across its social media apps, including Instagram, Facebook and WhatsApp.

Meta launches subscriptions with enhanced AI features

Oil prices edged higher on Tuesday after attacks on Saudi Arabian energy infrastructure left the kingdom's East-West Pipeline offline, raising fears that damage to energy infrastructure and transport routes could take longer to repair.

Oil prices edge higher as attacks, pipeline outage deepen Saudi supply concerns

The Attorney General must provide a detailed explanation for seeking a discharge not amounting to an acquittal (DNAA) to discontinue part of the prosecution against former prime minister Tan Sri Muhyiddin Yassin, said Democratic Action Party (DAP) national chairman Gobind Singh Deo.

Gobind calls on AG to explain decision to drop part of Muhyiddin's charges mid-trial

KUALA LUMPUR (Sept 15): YTL Power International Bhd (KL:YTLPOWR) said it has acquired four additional gas turbine units from Siemens Energy via reservation agreements.

The new reservations add to the three units previously secured by YTL Power, bringing the total to seven units, with a ...

YTL Power secures four more Siemens gas turbines to meet rising regional energy and AI demand

<p>KUALA LUMPUR (Sept 15): YTL Power International Bhd (KL:YTLPOWR) said it has acquired four additional gas turbine units from Siemens Energy via reservation agreements.</p>

<p>The new reservations add to the three units previously secured by YTL Power, bringing the total to seven units, with a ...

<p>Grab Holdings Ltd agreed to buy a majority stake in Singapore-based buy-now-pay-later platform Atome Financial for US$1.49 billion (RM6.1 billion), staking a major bet on financial services as it builds out a new pillar of growth.</p>


Grab to buy most of Atome for US$1.49 bil to spur lending push

<p>Tan Boon Seng has emerged as a substantial shareholder of Cuscapi Bhd (KL:CUSCAPI), purchasing a 10.618% interest in the company via a direct business transaction as existing shareholders exit.</p>


Tan Boon Seng emerges as substantial shareholder in Cuscapi

<p>Istanbul-based technology company BBS Teknoloji has denied any involvement in an alleged election-manipulation operation in Malaysia, following a report by US artificial intelligence (AI) firm Anthropic that linked its name to the campaign.</p>


Turkish company BBS Teknoloji denies involvement in alleged Malaysia election manipulation 

<p>KPJ Healthcare Bhd (KL:KPJ) has discontinued its legal action against seven of 11 former directors it was suing over the RM119.92 million sale of a 49% stake in its previously wholly-owned subsidiary, Lablink (M) Sdn Bhd, in 2018.</p>


KPJ drops lawsuit against seven ex-directors over Lablink deal, retains case against four

<p>A summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.</p>


FBM KLCI down 1.11% to 1,679.21 on Sept 15, 2026

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


<p>The takeover offer for Hextar Retail Bhd (KL:HEXRTL) by its major shareholders has turned unconditional after the offerors secured more than 50% of the company’s voting shares.</p>


Hextar Retail takeover offer turns unconditional after offerors cross 50% threshold

<p>The children of former top judges on Tuesday reminded current members of judiciary and the public on the need to be guided by integrity as they reminisced about the lessons imparted by their parents. &nbsp;</p>


Children of former top judges recall the values imparted by their parents  

<p>Pestec International Bhd (KL:PESTEC) said on Tuesday that it was unaware of a winding-up petition filed against the group by its China-based supplier Shandong Power Equipment Co Ltd (SPECO) until it was informed by Bursa Malaysia Securities.</p>


Pestec says unaware of  winding-up petition until Bursa notification, disputes Chinese supplier's claim

<p>LVMH is poised to lose its crown as France’s most valuable company and drop out of Europe’s top 10 listed firms, a symbolic reversal for the luxury giant that led the region’s market during the post-pandemic boom.</p>


LVMH, once Europe’s biggest stock, exits top 10 as luxury slumps

<p>Eco World Development Group Bhd (KL:ECOWLD) has emerged as the top bidder for a residential site at Lorong Puntong/Sin Ming Avenue in Singapore, with an offer of S$208.1 million (RM667.62 million).</p>


<p>A senior Taiwan Semiconductor Manufacturing Co (TSMC) executive likened artificial intelligence (AI) to a toddler with extraordinary powers that doesn’t know right from wrong, explaining why the company adopts a cautious approach to using the technology.</p>


TSMC co-COO says AI is like a ‘three-year-old superman’

<p>UUE Holdings Bhd (KL:UUE) is forming a joint venture with a unit of Singapore-listed EGP Energy Corporation Ltd to build, develop and deliver power-grid infrastructure, including extra-high-voltage (EHV) electrical systems.&nbsp;</p>


UUE Holdings forms JV with Singapore-listed EGP Energy unit to tap power projects

<p>The Attorney General’s Chambers (AGC) said it decided not to proceed with four charges against former prime minister Tan Sri Muhyiddin Yassin after concluding that continuing the prosecution posed litigation risks that could compromise the remaining charges against him.</p>


<p>Negeri Sembilan Menteri Besar Datuk Ismail Lasim said on Tuesday he has no unilateral power to remove or vacate the position of the state’s Yang di-Pertuan Besar, while questioning the legal validity of a disputed proclamation bearing his signature.</p>


Negeri Sembilan MB says he has no unilateral power to remove state ruler

<p>The Attorney General must provide a detailed explanation for seeking a discharge not amounting to an acquittal (DNAA) to discontinue part of the prosecution against former prime minister Tan Sri Muhyiddin Yassin, said Democratic Action Party (DAP) national chairman Gobind Singh Deo.</p>


<p>Frontken Corp Bhd's (KL:FRONTKN) 93.4%-owned subsidiary Ares Green Technology Corp (AGTC) has won the tender for an industrial property in Tainan, Taiwan, for NT$920 million (RM118.16 million) that it was bidding for as part of its strategic plan to meet future capacity requirements.</p>


Frontken unit wins bid for RM118 mil industrial property in Taiwan for expansion

<p>PTT Synergy Group Bhd’s (KL:PTT) unit, Pembinaan Tetap Teguh Sdn Bhd (PTTSB), has secured a contract worth RM83.26 million from Sime Darby Property Sdn Bhd (KL:SIMEPROP).</p>


PTT Synergy unit bags RM83m contract from Sime Darby Property

<p>Indonesia plans to start trading at its new commodity exchange on Jan 4, 2027, with tin and ferronickel to be included in the opening transactions, the chief supervisor of the commodity exchange said on Tuesday.</p>
