08/06/2026

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BIZ & FINANCE MONDAY | JUNE 8, 2026

Proton posts strong sales in May

bringing YTD sales to 14,687 units after the first five months of 2026. Leading the charge is the Proton e.MAS 7 PHEV, which recorded its second consecutive best-ever monthly sales performance with 1,181 units delivered in May. Just four months after its launch on Feb 4, the model has rapidly established itself as Malaysia’s best-selling plug-in hybrid electric vehicle, with cumulative sales now reaching 2,936 units. The Proton e.MAS 7 also enjoyed a breakthrough month, reclaiming its position as Malaysia’s best-selling electric vehicle. With completely knocked-down production now stabilised, deliveries surged to 958 units, marking the model’s second highest monthly sales total since launch and bringing its year-to-date volume to 2,394 units. PETALING JAYA: Hyundai Motor Malaysia’s locally produced Hyundai Staria is making its international debut in Thailand with the first export shipment having departed on June 3. The 10-seater Staria will be officially available for sale to customers in Thailand beginning June 12, marking a landmark milestone for Hyundai Motor Malaysia’s export ambitions and commitment to the Malaysian automotive industry. “The export of the Hyundai Staria to Thailand marks the beginning of Malaysia being an export hub for Hyundai. This is a milestone we are proud of, as it reflects our brand’s unwavering commitment to deliver vehicles of global quality, while continuing to invest in Malaysia’s growth and development. Driven by our tagline Sentiasa di Sisi Anda , we are just getting started,”said managing director, Jahabarnisa Haja Mohideen. The Hyundai Staria is Hyundai Motor Malaysia’s first locally produced model, alongside its assembly partner Inokom, Sime Motors’ assembly facility in Kulim, Kedah. Its seven-seater variant was named MPV ICE of the Year at the Malaysia Car of the Year 2025. Hyundai Motor Malaysia ships Staria to Thailand

breadth of our success. The Proton Saga remains Malaysia’s favourite car, the Proton X50 continues to lead the SUV market, while our e.MAS range is establishing itself as the benchmark for electrified mobility in Malaysia. “As we continue to invest in new products, our retail network and after-sales capabilities, our focus remains on delivering vehicles and services that exceed customer expectations while strengthening Proton’s position as a leading auto motive brand in Malaysia.” Proton e.MAS continued its strong momentum in May, cementing its position as one of the driving forces behind Malaysia’s transition to electrified mobility. Combined deliveries of Proton e.MAS models reached 3,022 units during the month across domestic and export markets,

dominate sports utility vehicle (SUV) sales, by being the best-seller in its class and segment with 2,793 units delivered in May bringing the YTD total to 12,967 units, 33.6% ahead of 2025. Also leading its segment is the Proton X90. Launched on March 11 with a new i-GT engine, better connectivity and better value, it has undergone a sales renaissance to lead the D-segment SUV market, as 402 units delivered in May elevate its YTD total by 38.6% more than in 2025. Proton deputy CEO Datuk Abdul Rashid Musa said, “Proton’s per formance in 2026 shows Malaysians continue to respond positively to products that deliver strong value, advanced technology, and a re warding ownership experience. What is especially encouraging is the

expanding portfolio of internal combustion engine (ICE), electric vehicle (EV) and plug-in hybrid electric vehicle (PHEV) models. For the first five months of the year, Proton delivered 84,294 vehicles, representing year-to-date growth of 38% and an estimated market share of 26.7%. Year-to-date (YTD) sales now stand at 37,375 units, a 41% increase over the same period in 2025. Bolstering ICE model sales were strong performances posted by the Proton S70 and the Proton X50. The former achieved 2,350 units to bring its YTD total to 10,525 units, 32.5% ahead of last year. It is the third consecutive month the C-segment sedan has breached the 2,000-unit barrier, which it did only once in 2025. The Proton X50 continues to

PETALING JAYA: National auto motive company Proton continues to widen the gap between itself and other original equipment manu facturers (OEM) after recording sales of 16,995 units in May, despite an estimated 15.4% decline in total industry volume (TIV) compared to the previous month. The strong performance re inforces the company’s position as one of Malaysia’s fastest-growing automotive brands in 2026 and highlights the growing appeal of its o Saga and e.MAS 7 PHEV claim top spots in respective segments

GD Properties breaks ground on KL360 @ Menara GD PETALING JAYA: GD Properties has broken ground on KL360 @ Menara GD, its RM1.37 billion gross development value (GDV) mixed use project in Kuala Lumpur Central Business District (CBD), adjacent to the Raja Uda MRT station along Jalan Tun Razak.

The project revives a long-abandoned development with a bold new vision for an architectural and tourism landmark in Kuala Lumpur, marking a new chapter for buyers who had waited for nearly a decade for progress. Besides delivering on promises made to buyers and stakeholders, the development of KL360 @ Menara GD is expected to contribute to the local economy through job creation, business opportunities and increased commercial vibrancy in the surrounding area. On Saturday, a groundbreaking ceremony was held on the project site, officiated by Housing and Local Government Minister Nga Kor Ming who said the revival of the project reflects broader national efforts by the government to address abandoned housing developments and safeguard the interests of homebuyers. GD Properties group deputy chairman Datuk Wong Seng Tong said: “At GD Properties, we are a firm believer in the role of public-private sector collaboration as a driver of positive social impact. Through this project, we are firmly aligned with KPKT’s aspiration to achieve zero abandoned housing projects by 2030.” He added that the groundbreaking reflects its

From left: China State Construction Engineering (M) Sdn Bhd general manager Xu Xiao Bing, National Housing Department director-general Dr Tan Awang Besar, Wong, Nga, GD Properties executive director Lee Yuen Yee and chief project officer Heng Yeow Hee, and Veritas Design Group president

David Mizan Hashim at the groundbreaking ceremony. commitment to ensure this development is delivered successfully and responsibly. “By taking on the role of a ‘white knight’ to revive and deliver this project, GD Properties will revitalise this project with a renewed vision, strengthened execution framework, and strategic partnerships,”Wong said.

According to the Ministry of Housing and Local Government, more than 1,500 housing projects involving over 176,000 residential units with a combined GDV exceeding RM140 billion have been successfully revived or removed from abandoned status since 2023 through various government-led initiatives.

Education retains its importance in the Malaysian landscape for parents, students and stakeholders. The changes are fast paced with new developments in new fields of study such as cybersecurity, data protection, augmented and virtual reality, machine learning in education, digital education and artificial Intelligence. Leading the way are universities, who are invited to showcase their latest programmes, curriculum and content in our Education Focus for 2026.

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