News by justin Lim

Land & General Bhd (KL:L&G) reported a more than six-fold rise in quarterly net profit on Friday, on higher contributions from its property and education segments, as well as a higher share of results of joint ventures.

KLCCP Stapled Group (KL:KLCC) on Thursday reported a marginal rise in net profit for the third quarter, supported by a higher contribution from its management services segment.

Shareholders of Sunway Construction Group Bhd (KL:SUNCON) are set for a cash windfall as the group declared its maiden special dividend of 23 sen per share—payable on Jan 8, 2026—since its listing.

Paramount Corp Bhd (KL:PARAMON) posted a 52.65% year-on-year (y-o-y) jump in net profit for 3QFY2025, driven by the redemption of the remaining outstanding perpetual securities.

Pavilion Real Estate Investment Trust's (KL:PAVREIT) net property income (NPI) rose 10% to RM145.49 million for the third quarter ended Sept 30, 2025 (3QFY2025) from RM131.86 million a year earlier, driven by its newly acquired assets—Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur.

Practice Note 17 (PN17) company Meridian Bhd (KL:MERIDIAN) said it has obtained a further extension of time from Bursa Malaysia Securities to submit its regularisation plan.

Oriental Interest Bhd (KL:OIB) reported a 10.43% increase in its fourth quarter net profit, mainly driven by better performance in its property development and general construction segments.

Malayan United Industries Bhd (KL:MUIIND), or MUI, has secured a term loan facility of US$20 million (RM84.3 million) granted by Singapore-based direct lending fund Indies Special Opportunities LV Ltd.

Advancecon Holdings Bhd (KL:ADVCON) said the group has secured a favourable adjudication decision against China Communication Construction (ECRL) Sdn Bhd (CCC) in relation to a payment dispute involving the East Coast Rail Link (ECRL) project.

Matrix Concepts Holdings Bhd (KL:MATRIX) founder and group executive deputy chairman Datuk Seri Lee Tian Hock has transferred 10 million shares to his son Kelvin Lee Chin Chuan, who is also the company’s group executive director.