News by Myia S Nair

NCT Alliance Bhd registered a second-quarter 52.1% surge in revenue.

PNB Merdeka Ventures Sdn Bhd (PMVSB), a subsidiary of Permodalan Nasional Bhd (PNB), today presented its Grade A office offerings within Merdeka 118, the tallest tower in Southeast Asia. 

IGB Bhd reported a net profit of RM75.33 million for the second quarter ended June 30, 2025 (2QFY2025), a 0.2% rise from RM75.18 million a year earlier.

IOI Properties Group Bhd (KL:IOIPG) confirmed that it is planning a real estate investment trust, to be listed on Bursa Malaysia's Main Market, as it announced on Tuesday the incorporation of a subsidiary to be the REIT's manager.

Noteworthy:

• Built-up size: 3,220 sq ft
• Land size: 3,485 sq ft
• 5 bedrooms, 6 bathrooms
• Unfurnished
• Nearby amenities: Cyberjaya Lake Gardens, D’Pulze Shopping Centre, Gem In Mall, Hospital Putrajaya and Limkokwing University of Creative Technology
• Accessibility: MEX, ELITE, LDP, SKVE, Putrajaya Link

When: March 2025

Southern Score Builders, construction management specialist for high-rise residential buildings and civil infrastructure, reported a net profit of RM11.65 million for the fourth quarter ended June 30.

Penang’s residential landscape is evolving steadily, with notable differences between the island and the mainland in terms of market dynamics and housing trends.

Metro Healthcare Bhd (KL: METRO), which specialises in fertility, obstetrics and gynaecology services, has cancelled its planned RM9.5 million purchase of a four-storey shopoffice in Subang Jaya, Selangor.

UEM Sunrise Bhd reported a 6% year-on-year increase in net profit for the second quarter ended June 30, 2025 (2QFY2025), supported mainly by stronger contributions from its property development segment, which accounted for 75% of total revenue, up from 61% previously.

Sime Darby Property Bhd reported a net profit of RM143.5 million for the second quarter ended June 30, 2025 (2QFY2025), supported by steady sales momentum and progress in ongoing projects.