Ekovest sees positive full-year financial results after 3Q net loss narrows
Ekovest Bhd (KL:EKOVEST) reported on Friday a smaller loss in its latest quarterly results compared with a year earlier despite still grappling with high finance costs.
Analysts see Gamuda clinching more hyperscale data centre projects
Analysts foresee Gamuda Bhd (KL:GAMUDA) to bag more project portfolios in the data centre (DC) sector, after the engineering and construction company recently secured contracts for the construction of a hyperscale DC in Elmina Business Park, with a combined value of RM1.7 billion.
Sime Darby Property surges to fresh six-year high on data centre venture
Shares of Sime Darby Property Bhd (KL:SIMEPROP) surged to a fresh six-year high on news of the developer’s entry into the data centre space while analysts scrambled to raise their target prices.
Sime Darby Property confident of defending profit margin
Amid challenges posed by rising construction material costs and potential fuel subsidy rationalisation, Sime Darby Property Bhd (KL:SIMEPROP) said it is confident of continuing to defend its profit margin via a strategic product mix.
KLK, Batu Kawan post lower 2Q earnings despite improved performance by plantation segment
KLK’s net profit fell 38.65% to RM117.07 million or 10.8 sen per share, from RM190.81 million or 17.70 sen per share a year earlier.
S P Setia soars to near six-year high as analysts bet on extended rally
Shares of S P Setia Bhd (KL:SPSETIA) soared to their highest in nearly six years after the property developer reported a 39% year-on-year gain in net profit for the first quarter of the year.
Solarvest gets RM40.40m contract from Scientex to install rooftop solar PV systems
Solarvest Holdings Bhd (KL:SLVEST) said on Thursday that it has secured a contract worth RM40.40 million to install rooftop solar photovoltaic systems.
PHB to independently manage AHB funds, aims to quadruple fund size to RM20b
Presently, the funds under AHB are managed by Maybank AB while its sponsor is PHB and its trustee is AmanahRaya Trustees Bhd.
JAKS partners CALB to tap into SE Asia's battery energy storage systems market
JAKS Resources Bhd's unit has signed a memorandum of understanding (MOU) with China-based CALB Group Co Ltd to explore opportunities in the battery energy storage system (BESS) market, with a particular focus on the Southeast Asia region.
Eden's major shareholder proposes land transfer to settle RM45.65m debt owed to company
Eden Inc Bhd’s major shareholder Tan Sri Abd Rahim Mohamad is proposing to settle a RM45.65 million debt his company owes Eden by transferring the ownership of a 2.4 million sq ft (about 55 acres) leasehold land to the listed entity.
