News by EdgeProp

Eighteen families affected by the gas pipeline fire incident at Jalan Putra Harmoni, Putra Heights, Subang Jaya on April 1 yesterday received the keys of their rebuilt homes.

Paragon Globe Bhd has agreed to dispose of a 5.45-hectare freehold industrial parcel in Tanjung Kupang, Johor, to GSP Automotive Malaysia Sdn. Bhd. for RM64.47 million.

Desa ParkCity’s Year-End Light Festival at The Waterfront has returned with the iconic lakeside shining up nightly from 7pm to 10.30pm until Jan 4, 2026.

Suria KLCC has gained an entry into the Malaysia Book of Records for introducing the country’s first outdoor skating rink, unveiled under its ‘A Majestic Christmas’ campaign running from Nov 22 to Jan 4, 2026 in the city centre shopping mall.

Sunsuria Bhd today announced its financial results for the fourth quarter ended Sept 30, 2025 (4Q), recording revenue of RM104.39 million and pre-tax profit (PBT) of RM16.11 million. In comparison, the group recorded revenue of RM152.11 million and PBT of RM14.74 million in the same quarter last year.

Eastern & Oriental Bhd (E&O) reported a stronger set of results for the second quarter ended Sept 30, 2025 (2Q2025), with net profit rising 65.3% to RM50.24 million from RM30.39 million a year earlier.

IJM Corp Bhd posted higher revenue for its second quarter, although net profit slipped due to softer contributions from its property development and port operations.

The group recorded revenue of RM2.98 billion, representing a 31.9% increase from RM2.26 billion in the prior corresponding period. Gross profit rose 60.8% to RM555.9 million, with margins improving to 18.6% (9MFY24: 15.3%). Profit before tax (PBT) increased 19.4% to RM199.7 million.

Eastern & Oriental Bhd (E&O) has expanded its presence in the Klang Valley with the launch of its first clubhouse and a new commercial precinct within the City of Elmina in Shah Alam, Selangor. 

Malaysia’s industrial growth hinges on strategic clusters, as electric vehicle (EV) makers and electronics firms drive demand for green-rated, well-connected sites in emerging regions.