Encorp inks initial pact for Felda staff housing project
Encorp Bhd (KL:ENCORP) has signed an initial pact that may lead to a contract to build staff housing for the Federal Land Development Authority.
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Vincent Tan cuts Berjaya Corp stake for at least RM115m, exits substantial shareholder list in six firms
Tan Sri Vincent Tan Chee Yioun has reduced his stake in Berjaya Corporation Bhd (KL:BJCORP) and ceased to be a substantial shareholder in six listed companies, according to filings with Bursa Malaysia.
Mulpha returns to the black in 1Q on higher Australian property sales
Real estate developer Mulpha International Bhd (KL:MULPHA) swung back to profit in the first quarter, lifted by stronger property settlements in Australia and improved contributions from its hotel operations.
Sunway’s shares rise post 1Q results, though analysts warn of looming cost pressures
Sunway Bhd’s (KL:SUNWAY) shares climbed after its first-quarterly earnings booked a RM9.4 billion gain in net profit.
US seizes luxury apartment bought with 1MDB funds for Jho Low’s aide
US authorities have secured a court order to seize a luxury apartment in New York that was bought using funds allegedly misappropriated from 1Malaysia Development Bhd (1MDB).
Gold Li targets 10% revenue growth for 2026 on demand from Johor property market
Property developer Gold Li Holdings Bhd (KL:GOLDLI) said it is targeting revenue growth of about 10% for its financial year 2026, citing stable demand from its core markets in Muar, Tangkak and Batu Pahat in Johor.
Sentral REIT sees improving occupancy levels as it posts marginal gains for 1Q earnings
Sentral Real Estate Investment Trust (KL:SENTRAL) sees improving occupancy levels and steady leasing activity for 2026 as its Klang Valley office portfolio navigates a competitive tenant-driven market and mounting cost pressures.
Luxury property supports Malaysian developers still unscathed from Iran war fallout, says RHB
Malaysia’s developers, still unscathed from the Iran war fallout, are benefiting from strong demand for luxury and premium homes, RHB Research said.
KJTS to let JV take over KIP REIT malls contracts
KJTS Group Bhd (KL:KJTS) said on Friday that it has signed an agreement to let its joint venture take over a contract involving works for eight retail malls.
MGB wins RM35m contract to build residential villas in Saudi Arabia
Construction firm MGB Bhd (KL:MGB) has bagged a RM34.76 million contract to build residential units in Jeddah, Saudi Arabia.
