IJM’s 1Q net profit climbs 10%, lifted by construction, industry divisions
IJM Corp Bhd (KL:IJM) posted a 10.04% increase in its first-quarter net profit, underpinned by stronger contributions from its construction and industry divisions.
Construction firm GDB posts record 2Q earnings; targets RM1.8b new bids by 4Q
Net profit for the quarter jumped more than fivefold to RM21.75 million from RM4.16 million a year earlier.
Sime Darby Property says Rehda in talks with govt on tax on construction services
Sime Darby Property Bhd (KL:SIMEPROP) said the Real Estate and Housing Developers' Association (Rehda) is still in talks with authorities on the expansion of the sales and service tax that raised costs for developers.
Censof wins RM12m Housing Ministry contract for one-stop centre licensing system
Censof Holdings Bhd (KL:CENSOF) has secured a RM12.4 million contract from the Ministry of Housing and Local Government to develop a one-stop centre licensing system for local authorities.
Times Square owner Berjaya Assets shrinks 4Q loss with accounting gains
Berjaya Assets Bhd (KL:BJASSET), the developer of Times Square, said on Wednesday it narrowed net loss for the fourth quarter with accounting gains and revenue growth.
Silver Ridge’s Cyberjaya data centre project falls through as PKNS unit exits JV
Telecommunications services provider Silver Ridge Holdings Bhd’s (KL:SRIDGE) plan to build six data centres in Cyberjaya has collapsed after its joint venture partner, Selangor Industrial Corporation Sdn Bhd (SIC), a Perbadanan Kemajuan Negeri Selangor (PKNS) unit, withdrew from the deal.
Star Media slips into losses in 2Q amid lower contribution from property development
Star Media Group Bhd (KL:STAR) slipped into the red with a net loss of RM231,000 for the second quarter ended June 30, 2025 (2QFY2025), against a net profit of RM7.49 million a year earlier.
Asian Pac buys Salcon’s property development arm for RM42 mil
Asian Pac Holdings Bhd (KL:ASIAPAC) is acquiring a property development firm from Salcon Bhd (KL:SALCON) for RM42 million in cash, in a move to strengthen its presence in the Klang Valley.
Lim Seong Hai Capital assures no disruption to KL Tower ops amid appeal by former operator
Lim Seong Hai Capital Bhd (KL:LSH) said that the operations at the Kuala Lumpur Tower will continue without interruption, despite the appeal filed by its former operator Menara Kuala Lumpur Sdn Bhd, and its parent Hydroshoppe Sdn Bhd, against High Court ruling last month.
IJM Corp unit secures RM1.4 bil data centre project in Johor, its biggest yet
IJM Corporation Bhd (KL:IJM), via its wholly owned subsidiary IJM Construction Sdn Bhd, has secured a RM1.4 billion contract to build a large-scale data centre in Johor Bahru, its biggest data centre project to date.
