LTAT aims to reduce strategic asset holdings to 35% under Project Earth, says CEO
Currently, 62.9% of LTAT’s portfolio consists of strategic assets.
Inta Bina clinches RM181m mixed development construction contract
Inta Bina Group Bhd (KL:INTA) has secured a RM181 million contract to undertake the construction of a mixed commercial development project in Kuala Langat, Selangor.
IJM Corp’s 3Q profit rises 13%, sees stronger growth from construction, property divisions
IJM Corp Bhd (KL:IJM) reported a 12.9% year-on-year increase in net profit for the third quarter ended Dec 31, 2024 (3QFY2025), driven by higher construction activities and a land sale in Penang.
Paramount's 4Q net profit surges 92%, boosted by investment in Eco World International
Paramount Corp Bhd (KL:PARAMON), which has set a property sales target of RM1.5 billion for 2025, on Friday posted a 91.9% jump in net profit for the fourth quarter ended Dec 31, 2024 (4QFY2024).
Hektar REIT buys industrial asset in Penang for RM30 mil from MQ Tech’s unit
Hektar Real Estate Investment Trust (KL:HEKTAR) is acquiring a light industrial asset in the Bayan Lepas Free Industrial Zone, Penang, for RM30 million from Microlead Precision Technology Sdn Bhd (MPT), a wholly owned subsidiary of MQ Technology Bhd (KL:MQTECH).
Data centre jobs remain intact despite US export rules — IJM Corp
Data centre jobs in Malaysia appear intact despite the US’ attempt to curb exports of advanced chips thanks to strong demand for digital infrastructure, said IJM Corporation Bhd (KL:IJM).
Matrix Concepts sells Seremban land for RM91m in related-party deal
Seremban-based property developer Matrix Concepts Holdings Bhd (KL:MATRIX) is divesting 38.65 acres of land in the town for RM90.91 million in a related-party transaction.
IJM to invest RM460m in new logistics hub in City of Elmina, eyes boost in recurring income
IJM Corp Bhd (KL:IJM), through its joint-venture (JV) company Exio Logistics Sdn Bhd, will invest RM460 million in a new logistics hub in Sungai Buloh to support Malaysia’s supply chain and e-commerce.
Compugates to jointly develop Cyberjaya land into RM1.36 bil GDV project
Compugates Holdings Bhd (KL:COMPUGT) said it has teamed up with a property developer to undertake a mixed-use development on a 14.5-hectare land in Cyberjaya with an estimated gross development value (GDV) of RM1.36 billion.
DXN scraps plans to develop medicine facility and wellness centre
DXN Holdings Bhd (KL:DXN) said it is terminating its plan to develop a medicine facility and a wellness centre due to a lack of progress and failure to achieve the expected benefits.
