Kuala Lumpur News

Mall Summit 2026

The 15th Annual Shopping Malls Summit will spotlight Malaysia’s shift from traditional shopping centres to lifestyle-led, mixed-use destinations.
Showcased case studies include 3 Damansara’s RM40M Idea Live Arena and upgraded F&B zone, Sunway Pyramid’s 300,000 sq ft OASIS Wing with 100+ new stores, and the RM12B IOI Rio integrating retail, residential, offices, and parkland. Once-iconic Subang Parade and Atria are cited as cautionary examples of malls that failed to evolve.
The program covers asset repositioning, AEIs, tenant curation, placemaking, mixed-use integration, ancillary revenue, demographic targeting, and next-generation tools. Group packages are available; agenda and registration details are in the attached PDF, with submissions via email as instructed.

Taylor’s Taps Luminaries

Taylor’s University has appointed four performing-arts heavyweights as Adjunct Professors for its Bachelor of Performing Arts (Honours): actresses Siti Saleha binti Mohd Baharum and Datin Hajah Marlia binti Musa (Performance Track), music icon Dato’ Dr Haji Mohamad Nasir bin Mohamed Sam (Music Track), and internationally renowned ballerina and Ballet Nights SEA Director Maria Sascha Khan (Dance Track). The appointments aim to connect classroom learning with industry practice across screen acting, arts education, songwriting/production, and global dance collaboration.
“We are incredibly honoured to welcome these distinguished industry leaders as Adjunct Professors in our Performing Arts programme,” said Raziman bin Sarbini, Programme Director of the Bachelor of Performing Arts (Honours) at Taylor’s University. “Their insights and mentorship will greatly enrich our students’ learning experience, offering them authentic industry perspectives and inspiring them to push creative boundaries within their chosen tracks.”

Polymer Link IPO

Polymer Link Holdings Berhad has launched its ACE Market prospectus, aiming to raise RM24.3 million via 97,145,700 new shares at RM0.25 each. Proceeds are earmarked for Australia expansion (RM5.0m), working capital (RM6.2m), capex (RM3.6m), debt repayment (RM2.0m) and listing expenses (RM7.4m).
Founded in 2011, the Group supplies plastic powder and colour masterbatch for rotational moulding across Malaysia, the Philippines, India, the United States and Australia, serving customers in 10+ countries. It listed on the LEAP Market in 2018 and voluntarily delisted in 2020.
Koh Song Heng, Executive Vice Chairman/ President and Group Chief Executive Officer, said, “This IPO is a defining moment for Polymer Link. It signifies our transition from a regional player to a global player in the rotational moulding supply chain. The funds raised will be channelled towards expanding our footprint, enhancing our innovation capabilities, and strengthening our ability to serve customers across different geographical markets. We are excited to move forward into this next phase of growth.”
Phang Siew Loong, Head of Equity Markets at Hong Leong Investment Bank Berhad, said, “Polymer Link’s focused business model, geographically diversified growth and operational track record makes it an attractive proposition in today’s industrial landscape. We are honoured to be part of this IPO milestone and are confident in the Group’s ability to deliver sustainable growth in the years ahead.”
Wan Asmadi Wan Ahmad, Managing Principal of DWA Advisory Sdn. Bhd., said, “Polymer Link’s journey towards a public listing marks a key milestone not only for the Group, but also for Malaysia’s broader manufacturing sector, particularly in export-driven industries. We are proud to have played a role in this journey and look forward to seeing the Group realise its next phase of growth as it strengthens its global presence and operational capabilities.”
Applications for the Public Issue are open, with listing targeted for 25 November 2025. Upon listing, market capitalisation is expected at RM140.0 million based on the IPO price and enlarged share base of 560.0 million shares. Hong Leong Investment Bank Berhad is the Principal Adviser, Sponsor, Sole Placement Agent and Sole Underwriter; DWA Advisory Sdn. Bhd. is Financial Adviser.

SCIB Wins PR1MA

Sarawak Consolidated Industries Berhad (SCIB) said its unit SIBS has accepted a revised letter of award from PR1MA to serve as main contractor for 632 housing units in Kota Bharu, with a revised contract value of RM172.4 million. The 36-month EPCC scope reflects a net addition of RM9.95 million versus the original contract, driven by added preliminaries and construction cost adjustments. The deal underscores SCIB’s IBS-led role in affordable housing and nation-building.
“We are pleased to reaffirm our role in this key national housing initiative through the revised award,” said Executive Chairman Datuk Chong Loong Men.

MR D.I.Y. Wins

MR D.I.Y. Group (M) Berhad has been named the FMCG Category Winner at the ASEAN Business Awards (ABA) 2025, organised by the ASEAN Business Advisory Council with a rigorous process involving national gateways and judges from each member state. The ceremony took place at MITEC during ABIS 2025 on 26 October 2025.
“Winning this award is a fantastic milestone for us,” said Adrian Ong, Chief Executive Officer of MR D.I.Y..
“We are deeply honoured to be recognised in the FMCG category alongside many outstanding regional brands. Congratulations to all the other award recipients. It’s a privilege to share the stage with such innovation, leadership, and purpose.”
With operations across 14 countries and over 5,000 stores, MR D.I.Y. continues to expand its value-focused retail model and commitment to accessibility and convenience. The award underscores the brand’s growing regional impact and purpose-led growth.