News by Myia S Nair

Kerjaya Prospek Group Bhd's (KL:KERJAYA) net profit rose 21% in the fourth quarter ended Dec 31, 2024 as progress of construction work activities improved.

KSL Holdings Bhd (KL:KSL) achieved record-high annual profit for the second consecutive year, following a 16% growth in fourth-quarter earnings.

OSK Holdings Bhd (KL:OSK) has proposed a bonus issue exercise involving one bonus share for every two existing shares held.

Maybank Investment Bank (Maybank IB) believes Eco World Development Group Bhd (KL:ECOWLD) is "actively in talks" with data centre players for projects in its business parks in Klang Valley and Johor.

MIDF Research has raised concern over the sharp selloff in Malaysian construction stocks, suggesting that market reaction may be overdone. 

Kenanga Research said Genting Plantations Bhd's (KL:GENP) proposed disposal of its Melaka land is accretive in nature and outweighs the loss of crude palm oil (CPO) income from the estate.

Sentral Real Estate Investment Trust (KL:SENTRAL) is poised for modest earnings growth in fiscal year 2025 (FY2025), driven largely by rental reversion across the REIT’s portfolio, according to analysts.

The long-awaited transformation of Johor into a key investment hub is “finally happening” after a couple of “false dawns”, says Jefferies.

The potential implementation of export limitations by the US government on artificial intelligence (AI) chips is not expected to impact the operations of existing data centres in Malaysia, according to deputy minister of investment, trade and industry (Miti) Liew Chin Tong.

Kenanga Research has downgraded its sector call on real estate investment trusts (REITs) to “neutral” from “overweight”.