Kerjaya Prospek reports 24% rise in 1Q net profit, raises dividend payout
Kerjaya Prospek Group Bhd (KL:KERJAYA) reported a 24% rise in first-quarter net profit from a year earlier as higher property sales offset lower construction billings.
Kerjaya Prospek Group Bhd (KL:KERJAYA) reported a 24% rise in first-quarter net profit from a year earlier as higher property sales offset lower construction billings.
MKH Bhd (KL:MKH) surged to a nine-year high and crossed the billion-ringgit valuation mark after Batu Kawan Bhd (KL:BKAWAN) unveiled a RM2-per-share takeover offer for the property and plantation group.
Hospitality operator EXSIM Hospitality Bhd (KL:EXSIMHB) has secured a RM45 million contract from AmFIRST Real Estate Investment Trust (AmFIRST REIT) (KL:AMFIRST) to redevelop Summit Hotel USJ in UEP Subang Jaya, Selangor, into a 17-storey hotel with three basement levels.
Batu Kawan Bhd (KL:BKAWAN), through its wholly-owned subsidiary Whitmore Holdings Sdn Bhd, has agreed to acquire a combined 47.7% stake in MKH Bhd (KL:MKH) for RM549.8 million, or RM2 a share, from the Chen family.
Kerjaya Prospek Group Bhd (KL:KERJAYA) has secured two contracts worth RM102.6 million for construction works at Andaman Island, Penang, expanding its outstanding order book to RM4.4 billion.
Construction and property company Vizione Holdings Bhd (KL:VIZIONE) on Tuesday said that its wholly-owned subsidiary, Bina Permai Sdn Bhd, has secured a RM65.62 million contract for main building works on a residential development project in Sentul, Kuala Lumpur.
Both companies declared interim dividends of 20 sen per share for the quarter.
Sunway Construction Group Bhd (KL:SUNCON) kicked off the financial year ending Dec 31, 2026 (FY2026) on a strong footing, with higher contributions across all operating segments driving a sharp increase in first-quarter earnings, while the group rewarded shareholders with total dividends of 22.8 sen per share.
WCT Holdings Bhd’s (KL:WCT) Taiwan unit has secured a RM152.7 million contract for construction works on a 4.1 kilometre stretch between the Gaoke and Gangshan interchanges at Taiwan’s Sun Yat-Sen Freeway in Kaohsiung.
Property developer Gold Li Holdings Bhd (KL:GOLDLI) said it is targeting revenue growth of about 10% for its financial year 2026, citing stable demand from its core markets in Muar, Tangkak and Batu Pahat in Johor.