Kuala Lumpur News

ES Sunlogy Completes Solar Plant

ES Sunlogy Berhad has marked the completion of the Selarong Pertama Energy solar photovoltaic plant in Kulim, Kedah, under Malaysia’s Corporate Green Power Programme, strengthening its role in the country’s clean energy transition.
The 29.99MWac utility-scale solar plant was developed under the New Enhanced Dispatch Arrangement framework through a joint venture involving ES Sunlogy’s unit Savelite Engineering, Solarvest Holdings Berhad and TNB Renewables. Renewable energy from the plant will be supplied virtually to Micron Memory Malaysia under a 21-year Corporate Green Power Agreement bundled with Renewable Energy Certificates.
Managing Director of ES Sunlogy, Mr. Khor Chuan Meng, commented, “The completion of the SPE solar photovoltaic plant marks an important milestone in our renewable energy journey, demonstrating our ability to deliver utility-scale clean energy infrastructure alongside established industry partners. This project strengthens our presence in Malaysia’s energy transition landscape while supporting our long-term strategy of building recurring income streams through renewable energy assets.”
The company said the project expands its footprint beyond conventional M&E engineering into long-term renewable energy assets, as demand rises from sectors including semiconductors, advanced manufacturing and data centres.

Inspace Launches IPO

Inspace Creation Berhad has launched its prospectus for an ACE Market listing on Bursa Malaysia, with the interior fitting-out specialist aiming to raise about RM17.13 million from its initial public offering.
The company said proceeds from the IPO would be used for capital expenditure, working capital, repayment of bank borrowings and listing expenses.
Inspace Creation, which focuses on commercial office properties, has delivered more than 110 projects with a total contract value exceeding RM170 million.
Wong Chong Siong, Executive Director of Inspace Creation Berhad, commented, “The launching of our prospectus marks an exciting new chapter for Inspace Creation. The IPO will strengthen our operational capabilities, enabling us to establish dedicated storage and mock-up facilities that will enhance our procurement efficiency and design presentation. We intend to leverage our listing status to gain wider recognition, allowing us to secure larger commercial projects and expand our footprint into regional markets beyond the Klang Valley. We remain dedicated to delivering high-quality, innovative workspace solutions that create long-term value for our stakeholders.”
Applications for the public issue opened on April 13 and will close on April 22, with the company scheduled to list on May 8, 2026.

BMS Opens Shah Alam Showroom

BMS Holdings Berhad has opened a new showroom in Shah Alam, Selangor, as the tiles, stone surfaces, bathware and kitchenware retailer expands its footprint in one of Malaysia’s busiest renovation and building materials hubs.
The new outlet in Seksyen 15 includes an 11,000 sq ft showroom and a 3,100 sq ft warehouse, allowing the company to display a wider product range while improving inventory and fulfilment capabilities. BMS said the location was chosen for its strong access to homeowners, contractors and interior designers.
Ang Kwee Peng, Managing Director of BMS Holdings, commented, “The opening of our Shah Alam showroom represents a strategic move to deepen our presence in one of the Klang Valley’s most vibrant renovation and building materials corridors. By positioning ourselves closer to both homeowners and industry professionals, we are able to better capture project-driven demand while enhancing customer accessibility and experience.”
He added, “This expansion reflects our continued focus on strengthening our retail footprint, elevating customer engagement and reinforcing our brand presence. We believe the Shah Alam showroom will play an important role in supporting our long-term growth as we continue to scale our operations nationwide.”

Identity Risks Rising

About two-thirds of cyber breaches are now linked to identity issues, with stolen or reused credentials behind more than four in 10 incidents, according to Sophos.
The cybersecurity firm said attackers are increasingly exploiting authentication gaps, while inconsistent multi-factor authentication and weak privileged access management continue to create avoidable risks. Sophos also noted attackers can escalate privileges and target identity systems within hours.
Victor Garcia, Field CISO Associate at Sophos, comments: “The key takeaway is clear: identity is now the primary security perimeter. Attackers are no longer breaking in – they are logging in, as mentioned in the report “who needs CVEs and exploits to get in when you have got passwords?”. When identity is compromised, trust is automatically granted, making identity protection the foundation of modern cybersecurity. During reported breaches due to credential compromise, credentials were not stolen once they were reused everywhere.
What makes this shift more critical is how invisible these attacks have become. With stolen credentials and authentication abuse, malicious activity often looks like normal user behavior. This means organizations must move beyond basic login controls and adopt continuous identity verification based on context, behavior, and risk, moving toward a more preventive approach: monitoring user fingerprints, removing dormant accounts, conducting posture checks, and monitoring for leaked credentials on the deep web and dark web.
Speed is also a defining factor. Attackers can escalate privileges and target core identity systems within hours, leaving little room for delayed response. Strong identity controls – like least privilege, rapid session revocation, and tight access governance- are essential to contain threats before they spread.”

Manforce Launches Prospectus

Manforce Group Berhad has launched its prospectus ahead of its ACE Market listing on Bursa Malaysia, with plans to raise RM30.40 million to fund expansion and digital growth.
The IPO comprises 79.99 million new shares and 19.99 million existing shares, with the new shares priced at RM0.38 each. Manforce said the proceeds will go towards new recruitment quotas, IT and operational system upgrades, working capital and listing expenses.
Datuk Wong Boon Ming, Managing Director of Manforce Group Berhad said, “We are humbled by the strong response and confidence shown by investors. This milestone reflects the market’s recognition of Manforce’s track record and commitment to delivering reliable, compliant, and technology-driven workforce solutions. The proceeds from our IPO will be channelled towards expanding our worker management capacity, enhancing digital systems, and strengthening operational efficiency to support future growth.”

Golden Destinations Opens Above IPO Price

Golden Destinations Group Berhad made its debut on the ACE Market of Bursa Malaysia on Thursday, opening at RM0.49 a share, up 8.89 per cent from its IPO price of RM0.45.
Listed under the stock name GDGROUP with the code 0398, the company raised RM90 million from its IPO, with proceeds earmarked for a new headquarters, branding and marketing, geographic expansion, IT upgrades, and working capital.
Golden Destinations operates as a business-to-business outbound travel experience curator under its flagship GD brand, working with more than 800 travel agents nationwide to distribute curated travel packages.
Mita Lim, Managing Director of Golden Destinations Group Berhad remarked, “Today’s listing marks a significant milestone in Golden Destinations’ corporate journey. We are grateful for the strong support shown by investors throughout our IPO process. This achievement reflects the dedication of our team and IPO working group, together with the confidence the investment community has placed in our business model and long-term growth prospects.”
He added, “With the proceeds raised from our IPO, we are well positioned to strengthen our operational capabilities, enhance our brand presence and expand our curated travel offerings. We remain committed to delivering distinctive travel experiences while continuing to broaden our presence in the outbound travel market.”

Sarawak Eyes Singapore Travellers

Sarawak Tourism Board has wrapped up a three-day activation at the 38th Travel Malaysia Fair 2026 in Singapore, using the event to strengthen its regional presence and support Visit Malaysia Year 2026.
Held from 10 to 12 April, the fair saw STB promote Sarawak’s Culture, Adventure, Nature, Food and Festivals offerings, while also highlighting the Rainforest World Music Festival 2026, which will run from 26 to 28 June at the Sarawak Cultural Village.
Singapore remains one of Sarawak’s key regional source markets, with visitor arrivals from the city-state rising 7.53 per cent year on year in 2025. STB said the fair also provided a platform to showcase Sarawak’s wider attractions across Kuching, Sibu and Miri, supported by direct flight connectivity from Singapore.
“Singapore continues to play an important role as a regional gateway, bringing together travellers from across different markets who are seeking deeper and more meaningful experiences. Through platforms such as the Travel Malaysia Fair, we are able to share what makes Sarawak distinctive, from our cultural diversity to signature events like the Rainforest World Music Festival, while supporting the broader aspirations of Visit Malaysia Year 2026,” said STB CEO Dr Sharzede Datu Haji Salleh Askor.

CelcomDigi Launches Endless Aisle

CelcomDigi has rolled out its Endless Aisle retail concept across more than 300 stores nationwide, making it the first telco in Malaysia to offer a seamless end-to-end consumer electronics shopping experience in-store. The platform, developed in collaboration with Samsung Malaysia, is now available at all CelcomDigi Store and CelcomDigi Express outlets.
Originally piloted at The Gardens Mall and Sunway Pyramid, Endless Aisle allows customers to browse and purchase Samsung products including smartphones, wearables, smart TVs, home appliances and other lifestyle electronics during a single store visit. CelcomDigi said in-store staff will also help customers set up and connect their devices.
“Physical retail continues to be a strategic lever for us, driving our continued commitment to explore new ways and forge innovative partnerships that will enhance how our customers experience connected living in retail. Our collaboration with Samsung Malaysia reflects this ambition, allowing us to be among the first in the country to bring a more seamless and future-ready retail experience into our stores, where customers can easily explore and enjoy the latest devices and home technologies. This initiative reinforces our customer-first commitment by making technology more accessible and continuing to drive digital experiences that supports Malaysia’s next phase of digital living.”
Customers can receive 15% off as existing users or by signing up for any CelcomDigi plan, while those taking up a CelcomDigi-Samsung device package can enjoy 30% off. Additional exclusive offers are also available for CelcomDigi ONE Plan customers.
“At Samsung, we are committed to making innovation more accessible and meaningful in everyday life. Our collaboration with CelcomDigi allows us to bring our ecosystem of connected devices closer to Malaysians, enabling a seamless journey from discovery to ownership. Together, we aim to simplify how consumers experience smart living, while delivering greater convenience.”

AIZO Wins Approval

AIZO Group Berhad has secured Bursa Malaysia Securities’ approval for a multi-part corporate exercise aimed at strengthening its balance sheet and supporting future growth.
The proposals include a private placement, rights issue with free warrants, share capital reduction, and allocations to investors and key management. If approved by shareholders at an upcoming extraordinary general meeting, the plan will allow AIZO to tap several funding avenues, including the issuance of up to 763.9 million placement shares and more than 3.31 billion rights shares.
The company said proceeds from the private placement are expected to be used mainly for its capital injection into the Large Scale Solar 5 project, following the formalisation of its Power Purchase Agreement with Tenaga Nasional Berhad announced on April 28, 2025. AIZO said the solar project is expected to support future earnings visibility as it expands further into renewable energy and infrastructure.
Datuk Abang Abdillah Izzarim, Executive Chairman of AIZO, commented, “The approval from Bursa Securities marks a step forward in executing our capital strategy. These Proposals are designed not only to strengthen our balance sheet, but also to equip AIZO with the financial flexibility required to support our next phase of growth.”
“As we expand our presence in areas such as renewable energy and infrastructure, having the right capital structure is critical. The LSS5 project is a key growth driver for the Company, and this fundraising exercise will enable us to execute it effectively while positioning AIZO for sustainable long-term value creation.”