Kuala Lumpur News

JETOUR Launches T2 i-DM Hybrid

JETOUR Malaysia has launched the T2 i-DM, a plug-in hybrid SUV priced at RM162,800.
It pairs a 1.5-litre turbocharged petrol engine with a dual-motor electric system for a combined output of up to 265kW and 610Nm. JETOUR claims up to 1,200km of combined driving range and more than 100km on electric power alone. The battery is an 18.4kWh lithium iron phosphate unit, and DC fast charging takes it from 30% to 80% in 27 minutes or less, according to the company.
The first 2,000 customers get an Early Bird Package worth up to RM3,000, with a choice of a free 7kW wallbox charger with installation or RM2,000 in ChargeSini charging credit, plus a free V2L adapter cable. Financing rates start at 1.68%, subject to terms and conditions.
The car comes with a seven-year or 150,000km vehicle warranty, an eight-year or 160,000km battery warranty and five free services.

New Jalan Alor Seafood Restaurant

Canteen Malaya has opened on Jalan Alor in Kuala Lumpur, offering live seafood and an open kitchen in an air-conditioned, four-level restaurant.
Diners choose their own crab, tiger prawns or fish, which is then cooked to order in view of the dining floor. Crab is the focus of the menu, with more than 30 flavours and preparations, including 12 signature dishes such as Salted Egg Crab, Kam Heong Crab and White Pepper Crab.
The restaurant seats up to 700 guests. The ground and first floors hold the dining areas and private rooms, and the second floor has an event hall for up to 250.
“Our focus is simple: to serve fresh, honest seafood to everyday diners,” said Ms Patricia Wong, Management Representative of Canteen Malaya. “We wanted an open kitchen where guests can watch their seafood being prepared, in a space where they can take their time over a meal.”
Canteen Malaya is at 28, 28A-C, 30 and 30A-C Jalan Alor and is open daily from 11am to 2am.

L&G AGM Backs Growth Push

Land & General Berhad (L&G) secured shareholder approval for all nine resolutions at its 63rd AGM today, including a final dividend of 0.8 sen per share for FY2026. Combined with the 0.2 sen interim dividend paid in May, total FY2026 dividends reached 1.0 sen — up 25% from FY2025. The final dividend is payable 16 October to shareholders on record as at 2 October.
Shareholders also approved the re-election of three directors, the reappointment of KPMG PLT as auditors, a general share issuance mandate, and a proposed share buy-back.
The vote follows a record FY2026: Group revenue rose 70.6% to RM490.5 million, pre-tax profit climbed 25.6% to RM74.2 million, and net profit attributable to owners grew 38.7% to RM50.5 million. The momentum carried into 1QFY2027, with revenue up 61.5% year-on-year to RM159.0 million and net profit up 88.7% to RM21.5 million. Unbilled sales stood at RM513 million as at 30 June, backed by RM1.5 billion in planned FY2027 launches.
L&G is also broadening beyond its traditional property development base into a three-pillar structure spanning property, education (via its Sri Bestari schools) and industrial development. The centrepiece is a planned industrial park on its roughly 2,500-acre Lembah Beringin landbank, with the first phase targeted for FY2027 and revenue recognition expected from FY2028, alongside a RM500 million stratified industrial and commercial project on 13.74 acres in Tampoi, Johor.

KEB Inks IPO Underwriting Deal

Property developer KEB Berhad has signed an underwriting agreement with M & A Securities Sdn Bhd ahead of its planned listing on the ACE Market of Bursa Malaysia.
M & A Securities will underwrite 66.18 million new shares, comprising 44.12 million shares for the Malaysian public and 22.06 million shares for eligible directors, employees and contributors to the Group.
The IPO involves a public issue of 138.54 million new shares and an offer for sale of 88.24 million existing shares, totalling 226.78 million shares. The remaining shares will be placed privately with MITI-approved Bumiputera investors and selected investors.
Proceeds from the public issue will go towards landbank acquisition, project working capital, repayment of bank borrowings and listing expenses.
Founded in 2004, KEB has completed 14 projects and has two ongoing developments worth RM773.29 million in gross development value (GDV), with four future projects valued at RM940.74 million. Its construction arm, KEB Utama Sdn Bhd, is a CIDB Grade G7 contractor.
M & A Securities is the principal adviser, sponsor, placement agent and underwriter, while Eco Asia Capital Advisory Sdn Bhd is the financial adviser.

CARSOME Academy Marks Fifth Year

CARSOME Academy has marked its fifth anniversary with more than RM2 million in funding and scholarships to train Malaysians for automotive careers.
This includes the RM1.65 million Accelerate with TVET Programme, anchored by Maybank Islamic Berhad, and more than RM350,000 in Selangor State Government scholarships for Asnaf and B40 students.
The Academy has also signed an MoU with JETOUR Automobile Malaysia to offer work placements, and launched two automotive sales TVET programmes with SKM certification.
Since 2021, 593 students have registered with the Academy, with 90% finding jobs within three months.