News by EdgeProp.my

Fiamma Holdings Bhd’s net profit rose 15.9% year-on-year to RM16.17 million for the second quarter ended June 30, 2026 (2QFY2026), as revenue jumped 41.5% to RM117.25 million.

Hektar Real Estate Investment Trust (Hektar REIT) is seeking unitholders’ approval to acquire KYS College Sdn Bhd’s (KCSB) leasehold interest in part of a freehold site in Setapak, Kuala Lumpur, together with existing school buildings and a new building to be constructed, for RM125 million.

Mycron Steel Bhd is seeking approval from its non-interested shareholders for its proposed RM30 million acquisition of a leasehold industrial property in Shah Alam from its major shareholder, Melewar Industrial Group Bhd (MIGB).

Eastern & Oriental Bhd (E&O) posted a 27.9% year-on-year increase in net profit attributable to owners of the parent to RM58.11 million for the first quarter ended June 30, 2026 (1QFY2027), from RM45.42 million a year earlier, on higher revenue recognition from its property development projects.

There is a reason why it is called a convenience store. Its ubiquitous presence with the big red and white signboard around condos, offices, transportation hubs, hospitals, commercial streets and retail centres makes it so — well, convenient — to just grab a sandwich, chocolate bar, coffee, aspirin, a reload pin, or anything else you may need quick and fast.

Driven by a rising tech-centric and socially-conscious global business environment, Malaysia’s office market has embraced a new generation of developments built around sustainability, technology and employee experience. Yet, as the market moves forward, older buildings are increasingly being left behind.

Vestland Bhd’s net profit rose 11.8% to RM11.95 million for the second quarter ended June 30, 2026 (2QFY2026), from RM10.68 million a year earlier, as the construction group recorded higher revenue from its design-and-build segment.

SkyWorld Development Bhd’s net profit attributable to shareholders rose 84.3% to RM5.26 million for the first quarter ended June 30, 2026 (1QFY2027), from RM2.85 million a year earlier, as the property developer recorded higher progressive revenue recognition from its ongoing projects.

Inta Bina Group Bhd’s net profit attributable to shareholders rose 7.2% to RM10.36 million for the second quarter ended June 30, 2026 (2QFY2026), from RM9.66 million a year earlier, despite lower revenue.

Construction and property development group FBG Holdings Bhd is seeking to cease its collaboration with Penang Development Corporation (PDC) for the proposed MediCity development in Batu Kawan, Penang.