News

MaiStorage Technology Targets Bursa Malaysia IPO by 2028, Focuses on IC Design, AI, and Talent Growth MaiStorage Technology Sdn Bhd, a newly launched integrated circuit (IC) design and storage technology provider, is setting its sights on a Bursa Malaysia listing by 2028. The announcement was made by founder and CEO Datuk Pua Khein Seng during the company’s official launch event, which was officiated by...

LIMA’25 Opens in Langkawi: Aerobatics, Naval Power, and Global Innovation Take Centre Stage The Langkawi International Maritime and Aerospace Exhibition 2025 (LIMA’25) has officially taken off, filling Langkawi’s skies with the roar of fighter jets and the seas with warships from around the globe. Held under the theme “Today’s Innovation, Tomorrow’s Achievements,” this 17th edition of LIMA...

Ekovest Secures Greenlight for DUKE Phase 2A Links Ekovest Bhd (KL:EKOVEST) has announced government approval for the construction of two critical links under Phase 2A of the Duta-Ulu Kelang Expressway (DUKE) project. The approved links are Laluan Istana Kiara and the Kampung Baru Link, forming part of a broader infrastructure plan to enhance connectivity across the Klang Valley. Project Details:...

Gamuda Land’s GL Play Expands Attractions at Gamuda Cove Gamuda Land’s leisure and hospitality arm, GL Play, has announced strategic collaborations to introduce exciting new attractions at Gamuda Cove, Selangor. Through memoranda of understanding (MOUs) with four partners—Enfiniti Escapes (M) Sdn Bhd, One Universal Production Sdn Bhd (OUP), Wonderful Wildlife & Recreation Management Sdn Bhd...

ASEAN Summit 2024: Klang Valley Road Closures & Traffic Diversions from May 23–28 In preparation for the 46th ASEAN Summit, which Malaysia is hosting this year, significant road closures and traffic diversions will be enforced across Klang Valley from May 23 to May 28. The summit will see the participation of regional leaders and delegates, with major events centered around Kuala Lumpur Convention...

Kimpton Naluria Kuala Lumpur: A New Luxury Lifestyle Hotel in TRX IHG Hotels & Resorts is set to debut its luxury lifestyle brand Kimpton in Malaysia with the opening of Kimpton Naluria Kuala Lumpur in the fourth quarter of 2025. Strategically located within the Tun Razak Exchange (TRX), the hotel will be a 26-storey urban sanctuary featuring 466 rooms, blending luxury, lifestyle, and wellness. Why...

Pavilion REIT Expands Hospitality Portfolio with RM480 Million Acquisition Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholders’ approval to acquire two prime hospitality assets, Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), for RM480 million. This strategic acquisition will expand Pavilion REIT’s portfolio, reinforcing its presence in the Bukit...

Malaysia Property Market 2024: Exceptional Performance Amid Mixed Sentiment The Malaysian property market recorded an exceptional performance in 2024, with the total transaction value hitting RM232.3 billion and the volume of transactions reaching 420,545. This marked a significant 18% increase in value and 5.4% rise in volume compared to 2023, achieving levels not seen since 2011. However, despite this...

Melaka Property Market 2025: Rising Prices and Strategic Investment Opportunities Melaka’s property market continues to thrive, recording steady growth in both residential prices and transaction volume. According to Rahim & Co International Property Consultants Sdn Bhd, the average transacted price of residential properties in Melaka rose to RM340,000 in 2024, compared to RM214,000 in 2015. This...

Khaya Residences – A New Landmark in Bangsar Located at the prestigious junction of Jalan Bangsar and Jalan Pantai Baharu, Khaya Residences is set to redefine urban living in Kuala Lumpur. Developed by the renowned Melati Ehsan Group through Bayu Mantap Sdn Bhd, this iconic 61-storey L-shaped tower comprises 795 serviced apartments, perfectly designed for those seeking luxury, privacy, and an elevated...