News by EdgeProp.my

Sunway Construction Group Bhd (SunCon) has secured work orders worth a combined RM1.044 billion from a US-headquartered multinational technology company for mechanical, electrical and plumbing (MEP) fit-out works for two projects.

Alpha Galaxy Group has signed a memorandum of understanding (MoU) with Billion Group for the proposed development of a B-Grocer supermarket at Galaxy Exchange, its 166-acre mixed-use development in Puncak Alam, Selangor.

Pesona Metro Holdings Bhd’s net profit attributable to owners of the parent rose 46.7% year-on-year to RM13.67 million for the second quarter ended June 30, 2026 (2QFY2026), from RM9.32 million a year earlier.

Frasers Property Ltd and Tan & Tan Developments Bhd plan to jointly develop PJ Quarter, a 5.15-hectare (12.7-acre) mixed-use project in Section 13 here.

i-City Properties Sdn Bhd is collaborating with four property agencies to begin market engagement and prospective buyer registrations for AI Living @ i-City in Shah Alam ahead of the residential development’s targeted official launch in October.

Teladan Group Bhd’s net profit attributable to shareholders rose 42.4% to RM9.31 million for the second quarter ended June 30, 2026 (2QFY2026), from RM6.54 million a year earlier, as higher progressive billings from ongoing property developments lifted revenue.

Magma Group Bhd’s net loss widened 34% year-on-year to RM8.57 million for the second quarter ended June 30, 2026 (2QFY2026), as lower hotel revenue, higher operating expenses and financing-related costs weighed on its performance.

NCT Alliance Bhd posted a net profit attributable to shareholders of RM20.50 million for the second quarter ended June 30, 2026 (2QFY2026), as lower revenue recognition from NCT Smart Industrial Park (NSIP) Phase 1 weighed on its year-on-year performance.

7-Eleven Malaysia Holdings Bhd (SEM) has completed its RM19 million acquisition of a parcel of freehold agricultural land in Seri Kembangan, Selangor, intended for the development of a food commissary.

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.