News by M

Boutique property developer Bon Estates Sdn Bhd has topped out its Bon Kiara development in Mont’Kiara, marking a key milestone for the 410-unit project slated for completion in the third quarter of 2026.

Nestcon Bhd (KL:NESTCON) has secured a RM355 million contract to construct two 57-storey serviced apartment blocks in northern Kuala Lumpur.

Paramount Corp Bhd (KL:PARAMON) posted a 52.65% year-on-year (y-o-y) jump in net profit for 3QFY2025, driven by the redemption of the remaining outstanding perpetual securities.

UOA Real Estate Investment Trust (KL:UOAREIT) posted a marginal 0.2% decline in net profit to RM10.45 million for the third quarter ended Sept 30, 2025 (3QFY2025), compared with RM10.48 million a year earlier, despite an 8.3% rise in gross rental income.

The Transport Ministry said it has commenced a feasibility study on the proposed Trans Borneo Railway project to assess the potential development of a rail network across Sabah and Sarawak.

IGB Bhd (KL:IGBB) is acquiring the site of Perak’s shuttered theme park, Movie Animation Parks Studios (MAPS), for RM43.65 million to replenish its land bank.

Malaysia Rail Link (MRL) has halted East Coast Rail Link (ECRL) works near the Gombak Toll Plaza after a temporary steel canopy collapsed and hit a passing car on the Batu Caves–bound stretch of Jalan Lingkaran Tengah 2 (MRR2) on Tuesday.

NCT Group of Companies, through its subsidiary NCT Land Sdn Bhd, has signed a memorandum of understanding (MOU) with Speedex Express Logistics (M) Sdn Bhd to provide integrated logistics solutions at the NCT Smart Industrial Park.

Malaysia's growing investment in hyperscale and artificial intelligence (AI)-ready data centres will lower the barriers for small and medium enterprises (SMEs) to adopt Industry 4.0 technologies, said Malaysian Investment Development Authority (Mida) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

The High Court on Monday (Nov 17) instructed the government and Semantan Estate (1952) Sdn Bhd to update the court on how the assessment for the payment of compensation/damages will take place following the illegal acquisition of the "Duta enclave" land in 1956.