News by Myia S Nair

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.

Southern Score Builders Bhd, formerly known as G Neptune Bhd, announced that its 51%-owned subsidiary SJEE Engineering Sdn Bhd has received a RM19.31 million subcontract from Sunway Construction Group Bhd’s Sunway Construction Sdn Bhd.

Malton Bhd held its first topping-out ceremony of the year, marking the structural completion of River Park Bangsar South.

Milestones Group, a property developer and design-and-build contracting business, has officially launched LINX Avenue at Kapar, Klang on Aug 15.

ECM Libra Group Bhd entered into an agreement to dispose of an 11-storey hotel in George Town, Penang, together with adjoining freehold land, for a total cash consideration of RM51.89 million on Aug 15 (Friday).