13MP: Govt to introduce new rent-to-own scheme model to boost homeownership
A new rent-to-own (RTO) scheme model will be introduced to offer a more flexible and affordable rental system, aimed at enhancing homeownership opportunities for the rakyat.
EcoFirst’s 4Q net profit down 67% on lower investment property gains, higher costs
EcoFirst Consolidated Bhd (KL:ECOFIRS) has reported a 66.5% drop in fourth-quarter net profit to RM13.95 million, from RM41.70 million a year earlier, weighed down by reduced fair value gains on investment properties and higher costs.
Paramount says not eyeing other F&B biz following Envictus stake buy
Paramount Corp Bhd (KL:PARAMON) has no plan to acquire additional F&B businesses after the acquisition of a 28% stake in Singapore-listed Envictus International Holdings Ltd, said group chief executive officer Jeffrey Chew Sun Teong.
BNM likely to keep OPR unchanged at 2.75% until mid-2026 amid global headwinds—analyst
Ng said the central bank's recent 25-basis-point rate cut to the OPR in July was a preemptive measure.
Econpile wins RM98m bored piling job for industrial project in Kapar
Econpile Holdings Bhd (KL:ECONBHD) has secured a RM98.2 million contract to undertake bored piling works for a proposed industrial development in Kapar, Klang.
Ho Hup unit gets winding-up petition from IRB over RM24 mil tax arrears
Ho Hup Construction Company Bhd (KL:HOHUP) has been served with a winding-up petition by the Inland Revenue Board (IRB) over tax arrears amounting to RM23.72 million.
Econpile secures RM27 mil piling contract for apartment project
Econpile Holdings Bhd (KL:ECONPILE) has secured a RM27 million contract for piling and pile cap works at a serviced apartment project in Kelana Jaya, Petaling Jaya.
Malaysian tech stocks, builders fall amid reports of draft AI restriction, US policy uncertainties
Technology stocks and construction companies building data centres fell on Monday morning, following reports of a draft US rule that will restrict exports of artificial intelligence (AI) chips to Malaysia and Thailand.
Despite higher electricity costs, data centre boom in Malaysia will last, supporting builders—Kenanga
After a sluggish start amid concerns over US policy, data centre investments have picked up, and the upcycle may extend into the second half of the year.
Crescendo flags higher costs after sharp 1Q profit drop on absence of land sale
Property firm Crescendo Corp Bhd (KL:CRESNDO) flagged higher operating costs from the minimum wage adjustments, subsidy rationalisation for fuel and electricity, as well as the expanded scope of the sales and service tax (SST), after posting a steep 97.5% year-on-year decline in its first-quarter net profit.
