Zukri Samat appointed BSN chairman as Awang Adek’s term ends
The appointment takes effect on Oct 12. Zukri previously led Bank Islam Malaysia Bhd and chaired Perbadanan Insurans Deposit Malaysia.
Investment & Expansion
Foreign and domestic investment, new plants, expansion plans and funding.
Lim Seong Hai Capital plans public square near KL Tower
The square is awaiting approval, while a cable car linking Kuala Lumpur attractions remains an aspiration outside the original tender proposal.
Penang land auction attracts no bidders
The six-acre plot carries a reserve price of RM313.632 million, with sale proceeds intended to help complete the Ayer Itam road bypass.
PEN SJ pledges over US$70 million for Penang facility
The company plans to hire more than 1,000 employees, including engineers, for its operations at Batu Kawan Industrial Park 3.
PEN SJ Electronics pledges over US$70 million for Penang facility
The project is expected to create more than 1,000 jobs, with thermal interface materials planned for the first production phase.
ECRL board committees assess readiness during inspection train trip
MRL reported a journey time of about 85 minutes from Gombak to KotaSAS, with a similar duration on the return leg.
Malaysia’s first-half tax receipts rise 9% to RM129.6 billion
The government will keep SST while incorporating GST features to prevent cascading taxation, Deputy Finance Minister Liew Chin Tong told Parliament.
Elridge Energy commits RM45 million to activated carbon production
The investment will use internally generated funds, with production at the Pulau Indah plant expected to start in two phases in 2027.
Dialog JV awarded exploration concession in Thailand
The L8/66 block carries a US$14.3 million (RM58.4 million) minimum work commitment, with the award still subject to an agreement and conditions.
ECRL fares expected in October, ticket sales targeted for November
Phase 1 was 98.16% complete as of September, with Malaysia Rail Link confident of starting commercial operations in mid-December 2026.
