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News by theedgemalaysia.com

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Eversendai's 2Q profit jumps as it logs record revenue

29 August, 2025

Eversendai Corp Bhd's (KL:SENDAI) net profit jumped exponentially in the second quarter, as the group recorded its highest ever quarterly revenue, while finance costs and expenses fell by half.

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AME Elite 1Q earnings more than double on stronger property, construction segments

29 August, 2025

AME Elite Consortium Bhd (KL:AME) reported on Thursday that its net profit more than doubled for the first financial quarter, lifted mainly by stronger contributions from its property development and construction segments.

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Inta Bina secures RM68 mil residential construction job in Cyberjaya

29 August, 2025

Inta Bina Group Bhd (KL:INTA) clinched a RM67.79 million contract on Thursday to undertake the construction of houses in Cyberjaya.

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Urban Renewal Bill: Govt to raise consent threshold to 80% for all projects, demographics to be considered as debate pushed back to next Parliament sitting

29 August, 2025

The government will raise the consent threshold for urban renewal projects to 80% across the board, Housing and Local Government Minister Nga Kor Ming said on Thursday.

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OSK Holdings’ 2Q net profit rises 10%, pays 2.5 sen dividend

29 August, 2025

OSK Holdings Bhd's (KL:OSK) second-quarter net profit rose 10.33% to RM142.0  million from RM128.7 million a year earlier, on the back of higher earnings from its operating businesses.

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Nanta Linggi: Construction industry rebounded in 4Q2024 with project values doubling to RM42b from two years ago

29 August, 2025

Malaysia’s construction industry has staged a strong rebound, with project values in 4Q2024 having doubled to RM42.05 billion compared with two years ago, said Works Minister Datuk Seri Alexander Nanta Linggi.

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Mulpha’s 2Q profit jumps on Aveo stake sale, key divisions drag down revenue

29 August, 2025

Mulpha International Bhd’s (KL:MULPHA) net profit surged to RM270.9 million in the second quarter ended June 30, 2025 (2QFY2025), up over six times from RM43.4 million a year earlier, mainly due to the sale of its 15.8% stake in Aveo Group’s parent company, Hydra RL TopCo Pty Ltd, for A$339.3 million (RM936.5 million).

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Anwar says Urban Renewal Bill can be improved, urges critics to give it a chance

28 August, 2025

Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that the government is prepared to refine and amend the proposed Urban Renewal Bill 2025 (URA Bill), ahead of its second reading in the Dewan Rakyat.

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MRCB sees 70% drop in 2Q profit on lower billings

28 August, 2025

Construction and property group Malaysian Resources Corp Bhd (KL:MRCB) posted a 70.6% year-on-year fall in net profit for the second quarter on lower construction billing.

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KLCCP Stapled Group’s 2Q profit rises on retail strength, declares 9.2 sen dividend

28 August, 2025

KLCCP Stapled Group (KL:KLCC) said its second quarter net profit rose 4.9% to RM200.45 million from RM191.06 million a year earlier, supported by higher contributions from the retail and hotel segments.

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