News by EdgeProp

LBS Bina Group Bhd’s net profit attributable to shareholders fell 44.4% year-on-year to RM15.05 million for the second quarter ended June 30, 2026 (2QFY2026), from RM27.08 million, despite higher revenue.

Crest Builder Holdings Bhd’s revenue for the second quarter ended June 30, 2026 (2QFY2026) rose 84% year-on-year to RM259.19 million from RM141.06 million, mainly on higher construction progress recognised for its ongoing projects.

YTL Corp Bhd’s property investment and development revenue rose 43% year-on-year to RM135.45 million in the fourth quarter ended June 30, 2026 (4QFY2026), supported by higher contributions from projects in Ipoh and Selangor, a land sale and its Brabazon project in the UK.

Hektar Real Estate Investment Trust’s (Hektar REIT) net property income (NPI) rose 9.5% year-on-year to RM17.36 million in the second quarter ended June 30, 2026 (2QFY2026), as lower property operating expenses lifted its NPI margin.

TSiC Bhd has completed its RM1.35 million acquisition of two industrial land parcels in Taman Perindustrian Bukit Rambai, Melaka, from three of its directors.

Sime Darby Property Bhd and Pertubuhan Akitek Malaysia (PAM) have opened registration for the Concept Home 2035 (CH2035) Competition, which seeks residential design proposals for a proposed 171.93-acre site at Elmina Hills in the City of Elmina township, Selangor.

NCT Group of Companies, RHB Bank Bhd and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) have concluded a two-part seminar series on financing facilities and government guarantee schemes available to small and medium enterprises (SMEs).

Mah Sing Group Bhd has agreed to sell approximately 78.8 acres of commercial land within Mah Sing DC Hub @ Southville City in Selangor to WG Malaysia X Sdn Bhd for RM617.9 million, as the property developer expands into digital infrastructure.

Get ready to check out more properties on the subsale market this weekend (Aug 22 and 23), courtesy of PropNex Malaysia.

Maxim Global Bhd’s net profit attributable to shareholders fell 50.4% to RM4 million for the second quarter ended June 30, 2026 (2QFY2026), from RM8.06 million a year earlier, as earnings from Residensi Maxim Risen declined as the project neared completion, while its investment-holding segment recorded higher losses related to the recently concluded unconditional mandatory takeover offer.