Lagenda Properties' 2Q net profit rises 46% on higher property development, construction performance
Quarterly revenue grew 25.2% to RM245.8 million from RM196.4 million in the previous year.
EcoFirst to acquire 4.5-acre land in Kajang for RM35m for mixed development
The development will include serviced apartments, small office home office, small office virtual office, and shop offices.
Higher contribution from plantation boosts KLK, Batu Kawan 3Q earnings
The increase was attributed to higher selling prices and sales volumes of crude palm oil and palm kernel, lower production costs, and a reduced fair value loss on unharvested fruit.
Encorp suspends group CEO to facilitate internal probe after MACC allegations
The company did not reveal the details of the allegations, but it confirmed that three of its officers were arrested by the MACC on August 8.
Kitacon bags RM111.23 mil contract to build factories in Klang
Kumpulan Kitacon Bhd (KL:KITACON) has secured a contract worth RM111.23 million for the construction of factories and industrial facilities in Klang, Selangor.
MK Land reaches settlement with tax authority, shrinking final bill by 85%
MK Land Holdings Bhd (KL:MKLAND) said on Thursday it has reached a settlement with the tax authority that would cut the additional bills and penalty imposed on its unit by nearly 85%.
BMI: Planned data centre sustainability framework may affect domestic competitive dynamics
The government's proposal to introduce regulations aimed at enforcing sustainability-linked standards for the domestic data centre market will see some of the data centres becoming non-compliant with the requirement, carrying implications for domestic competitive dynamics, according to Fitch Solutions company BMI.
Businessman Robert Tan offloads half his stake in Paragon Globe, ceases to be substantial shareholder
Businessman Tan Sri Robert Tan Hua Choon has ceased to be a substantial shareholder of Paragon Globe Bhd after disposing of half his stake in the Johor-based developer.
Ecobuilt to be suspended from Aug 9 following High Court approval of winding-up petition
Trading of the shares in Ecobuilt Holdings Bhd (KL:ECOHLDS) will be suspended, after the High Court approved a winding-up petition against the company.
YTL Hospitality REIT’s 4Q NPI up 9.7%, declares 4.09 sen distribution
YTL Hospitality Real Estate Investment Trust (KL:YTLREIT) reported a 9.7% increase in net property income (NPI) for its fourth quarter ended June 30, 2024 (4QFY2024), rising to RM65.8 million from RM59.9 million a year earlier, driven by higher contributions from both the hotel and property rental segments.
