IJM says takeover offer reflects low point in earnings while asset value stays high
IJM Corporation Bhd (KL:IJM) said a takeover bid now on the table reflects the low point in its earnings cycle as the company urged shareholders to reject the offer.
BNM keeps OPR at 2.75% amid global uncertainties
Bank Negara Malaysia (BNM) has kept its benchmark overnight policy rate (OPR) unchanged at 2.75% on Thursday, in line with expectations.
EXSIM Hospitality secures RM55m water park contract
EXSIM Hospitality said the contract is expected to contribute positively to its net assets per share, earnings and gearing throughout the contract period.
LSH Capital inks development deals with combined GDV of RM904 mil
Lim Seong Hai Capital Bhd (KL:LSH) has entered into two deals for mixed development projects in Kuala Lumpur and Selangor, with a combined estimated gross development value (GDV) of RM903.9 million.
KSL posts record 4Q profit and revenue, proposes 10 sen dividend
KSL Holdings Bhd (KL:KSL) closed 2025 on a strong note, delivering record fourth-quarter results with net profit surging 66.4% to RM258.41 million from RM155.25 million a year earlier.
UOA Development’s 4Q profit surges on revaluation gains
UOA Development Bhd (KL:UOADEV) posted a 50.3% jump in fourth-quarter net profit, lifted by a sizeable revaluation surplus on its investment properties, despite weaker revenue from slower progress billings.
Cahya Mata 4Q net profit down 70% without forex gains; pays three sen dividend
Cahya Mata Sarawak Bhd (KL:CSMB) reported a 70.3% drop in fourth-quarter net profit, due to the absence of RM48.41 million in foreign exchange (forex) gains, higher precommissioning costs for its phosphate plant and lower contributions from associates.
Anthony Loke orders probe into repeated Kelana Jaya LRT disruptions
Transport Minister Anthony Loke has expressed disappointment over repeated breakdowns on the LRT Kelana Jaya Line, which has disrupted travel for thousands of Klang Valley commuters on Tuesday.
GDB enters Sarawak property market with RM32.72m land purchase
GDB Holdings Bhd (KL:GDB) is acquiring three parcels of leasehold land in Kuching, Sarawak for RM32.72 million, marking its expansion into property development there.
High Court orders KSK Land to pay RM102m to GDB unit over 8 Conlay works
GDB Holdings Bhd (KL:GDB) said its wholly-owned subsidiary Grand Dynamic Builders Sdn Bhd has obtained a favourable High Court judgment against KSK Land Sdn Bhd, which is in liquidation, to recover amounts owed for works on the 8 Conlay project.
