News by M

Sunway Real Estate Investment Trust (SunREIT) has joined forces with HSBC to execute its first sustainability-linked cross currency swap (CCS) in Malaysia, which is worth RM200 million.

Boustead Holdings Bhd is set to be delisted on June 28 from the Main Market of Bursa Malaysia Securities Bhd.

Analysts have kept their "buy" calls on Gamuda Bhd, following its results for the third financial quarter ended April 30, 2023 (3QFY2023), which largely met expectations.

Eco World Development Bhd (EcoWorld) is on track to meet its sales target of RM3.5 billion in the financial year 2023 (FY2023) as it has achieved 68.5% of the target, which is about RM2.4 billion secured in the first seven months of FY2023, according to analysts.

Retaining walls in Malaysia have been peppering news reports with frequent incidents of failures and landslides. In the latest incident at Wisma YPR, a life was lost. It was just last month, but overtaken by other concerns, most of us have probably pushed the episode to the back of our memories.

S P Setia’s INC @ KL Eco City, formerly named KL Eco City Mall, is hosting its LearnINC x BUKU book swap event in collaboration with BUKU by PJ Preloved House tomorrow (June 24).

Gamuda Bhd has renewed Datuk Lin Yun Ling's contract as group managing director, a post he has held for over four decades, for another five years until mid-2028.

Gamuda Bhd’s net profit for the third quarter ended April 30, 2023 (3QFY2023) edged up 0.85% to RM223.36 million from RM221.49 million a year ago, on the back of stronger overseas construction earnings.

JKG Land Bhd posted a 24.2% increase in net profit for its first quarter ended April 30, 2023 (1QFY2024) to RM2.25 million from RM1.81 million a year ago, driven by improved revenue from its property development segment.

The Penang South Island (PSI) reclamation project, which has been scaled down from three islands to one following a request from the prime minister, will finally kick off with Gamuda Bhd starting Phase 1 of the reclamation works worth RM3.717 billion on July 1.