Varia to jointly develop mixed development project in Putrajaya
Varia Bhd (KL:VARIA) has proposed to jointly develop a mixed development project in Putrajaya with United Malayan Land Bhd (UMLand) and Canada-based King George Financial Corp (KGFC).
Inta Bina bags RM227 mil contract for mixed development in Klang
Inta Bina Group Bhd (KL:INTA) said on Friday it has secured a RM227.08 million contract to carry out main building and infrastructure works for a mixed commercial strata development in Klang, Selangor.
IOI Properties 3Q profit soars on stronger Singapore contributions, land sale gains
IOI Properties Group Bhd (KL:IOIPG) posted a more than threefold jump in its third-quarter net profit, driven by the consolidation of its Singapore assets and a RM130 million land sale in Melaka, as well as broad operational improvements across all its business segments.
Mulpha returns to the black in 1Q on higher Australian property sales
Real estate developer Mulpha International Bhd (KL:MULPHA) swung back to profit in the first quarter, lifted by stronger property settlements in Australia and improved contributions from its hotel operations.
Loke orders probe into, punitive action against Prasarana over LRT derailment
Transport Minister Anthony Loke has ordered authorities to launch an investigation and take maximum punitive action against Prasarana Malaysia Bhd following the LRT derailment incident earlier on Thursday.
Penang CM defends rejection of IJM-Aspen bid by releasing part of tender documents
Penang Chief Minister Chow Kon Yeow released parts of the request for proposal (RFP) and tender documents for the Ladang Byram/Changkat project under Batu Kawan Industrial Park (BKIP) 2 to defend the state’s rejection of the IJM Properties-led consortium bid.
Sunway’s shares rise post 1Q results, though analysts warn of looming cost pressures
Sunway Bhd’s (KL:SUNWAY) shares climbed after its first-quarterly earnings booked a RM9.4 billion gain in net profit.
UOA Group co-founder CS Kong passes away
UOA Group co-founder and UOA Development Bhd (KL:UOADEV) executive director and managing director Kong Chong Soon @ Chi Suim, or better known as CS Kong, has passed away at the age of 85.
US seizes luxury apartment bought with 1MDB funds for Jho Low’s aide
US authorities have secured a court order to seize a luxury apartment in New York that was bought using funds allegedly misappropriated from 1Malaysia Development Bhd (1MDB).
E&O to prioritise RM1b sales target over passing on higher costs to buyers
Eastern & Oriental Bhd (KL:E&O) may absorb some rising construction costs driven by the ongoing conflicts in the Middle East rather than passing them entirely to homebuyers, as the property developer prioritises sustaining its RM1 billion annual sales.
