News by Myia S Nair

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.

Hextar Technologies Solutions Bhd has terminated its proposed disposal of four adjoining parcels of vacant freehold industrial land in Nilai Industrial Estate, Negeri Sembilan, to Widad Development (Nilai) Sdn Bhd for RM31 million. 

S P Setia Bhd reported a net profit of RM99.8 million for the second quarter ended June 30, 2025 (2QFY2025).

Property developer Radium Development Bhd recorded higher earnings for the second quarter ended June 30, 2025 (2QFY2025), supported by contributions from its three ongoing projects—Suite Canselor, Residensi Desa Timur and Radium Arena.

Worker dormitories are increasingly viewed not only as regulated housing solutions but also as emerging investment assets, with a shift in focus towards community well-being, sustainability, and long-term viability.

Manufacturer of tissue-related products KPS Consortium Bhd  entered into an agreement to acquire a parcel of leasehold industrial land measuring 16,363 sq m in Klang, Selangor, from Pelangi Technowood Sdn Bhd for a cash consideration of RM30 million.