SD Guthrie To Dispose Of Kuala Selangor Land For RM798.31 Mln

KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.

Life Water To Acquire 90 Pct Stake In Hung Tai Group For RM46.8 Mln

KUALA LUMPUR, July 15 (Bernama) -- Sabah-based beverage manufacturer Life Water Bhd has entered into a share sale agreement (SSA) to acquire a 90 per cent equity interest in the Hung Tai Group for RM46.8 million.

Epicon To Acquire 60 Pct Stakes In Rantau Urusan, LPB Construction For RM543.16 Mln

KUALA LUMPUR, July 14 (Bernama) -- Epicon Bhd has entered into a conditional share sale agreement with  Lagenda Properties Bhd to acquire a 60 per cent stake in Rantau Urusan (M) Sdn Bhd and LPB Construction Sdn Bhd (the target companies) for RM543.16 million. 

REHDA Calls For Data-driven Framework To Stabilise Housing Market

PETALING JAYA, July 14 (Bernama) -- The Real Estate Housing Developers' Association (REHDA) has called for a more dynamic, data-driven framework to help build a more balanced and inclusive housing market.

Milux Proposes To Acquire 100 Pct Stake In Movon For RM150 Mln

KUALA LUMPUR, July 13 (Bernama) -- Home appliance distributor Milux Corporation Bhd has proposed to acquire a 100 per cent equity interest in Movon Sdn Bhd from Abletech Solutions Sdn Bhd (ASSB) and Datuk Dr Lim Jee Gin for RM150 million.

Indonesia’s Creative Sector Leverages AI Solutions, Opens Doors For Selangor Collaboration

BANDUNG, July 11 (Bernama) -- The visit to Indonesia’s creative industry under the Selangor International Business Summit (SIBS)@ASEAN highlighted how artificial intelligence (AI) is becoming a supporting infrastructure for everyday life, as Selangor and Indonesia explore opportunities for collaboration and the deployment of AI solutions across industries.

Vietjet Introduces Vietnam Halal Connect To Support Muslim Travel

KUALA LUMPUR, July 10 (Bernama) -- Vietjet has introduced Vietnam Halal Connect, a proposed initiative to foster closer collaboration among airlines, airports, tourism businesses, halal certification bodies and technology partners in support of Muslim travel to Vietnam.

Selangor Eyes September Groundbreaking For Carey Island Port, Reviews Potential Operators

By Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) -- Selangor is ready to break ground on the proposed third port terminal on Carey Island as early as September, subject to the Ministry of Transport's (MOT) approval of the port licence, as the state reviews potential operators for the terminal, Menteri Besar Datuk Seri Amirudin Shari said.

MAHB, Mitsui Fudosan To Develop RM80 Mln Subang Air Cargo Logistics Complex

SUBANG, July 9 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) and Mitsui Fudosan Group (Mitsui Fudosan) will undertake an RM80 million investment to develop a new air cargo logistics complex, with MAHB holding a 30 per cent stake and Mitsui Fudosan owning the remaining 70 per cent.

Chin Hin Plans RM3.60 Bln GDV Golden Triangle Project Via RM455 Mln Land Acquisition

KUALA LUMPUR, July 8 (Bernama) -- Chin Hin Group Property Bhd (CHGP) plans to develop a mixed-use project with an estimated gross development value (GDV) of RM3.60 billion in Kuala Lumpur's Golden Triangle and a total development cost (TDC) of RM2.72 billion.

Banks Must Move Beyond AI Adoption To Trusted Implementation -- AICB

KUALA LUMPUR, July 8 (Bernama) -- There is a need for banks to move beyond Artificial Intelligence (AI) adoption towards trusted implementation, backed by stronger governance, assurance, resilience and future-ready talent, said the Asian Institute of Chartered Bankers (AICB).

Govt To Streamline Policies, Incentives To Accelerate EV Ecosystem -- Sim

KUALA LUMPUR, July 8 (Bernama) -- The government is streamlining policies and incentives to accelerate the development of the electric vehicle (EV) ecosystem, including expanding charging facilities nationwide, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.