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.
Malaysian Bar joins calls to defer Urban Renewal Bill, says compulsory acquisition clause 'illogical'
The Malaysian Bar has urged the government to defer the second reading of the Urban Renewal Bill 2025 (URA Bill), joining a growing chorus of critics warning that the proposed law could undermine homeowners’ rights and displace vulnerable communities.
Lagenda logs record quarterly property sales; profit down 6.5% on higher admin expenses
Property developer Lagenda Properties Bhd (KL:LAGENDA) logged record quarterly property sales of RM413.4 million in the second quarter, but net profit dropped 6.5% due to lower revenue and higher administrative expenses.
Paramount aims to secure land with RM6b GDV potential by year end to support future property projects
Paramount Corp Bhd (KL:PARAMON) is accelerating its land replenishment drive with plans to secure land with gross development value (GDV) potential of up to RM6 billion by year end, as the property developer seeks to sustain its pipeline while keeping to its core markets in the Klang Valley, Penang and Kedah
Architects institute urges refinements to Urban Renewal Bill to better protect public interest
The Malaysian Institute of Architects (PAM) has voiced support for the government’s initiative to introduce a structured and sustainable Urban Renewal Bill, while urging key improvements to ensure that public interest is fully safeguarded.
Minister confirms no withdrawal of Urban Renewal Bill, second reading set for Thursday
The debate session on the Urban Renewal Bill 2025 (URA Bill) has been pushed back by a day, as Housing and Local Government Minister Nga Kor Ming confirmed it will not be withdrawn amid continued criticism.
Al-Aqar REIT’s 2Q net income down 2.5%, declares 1.73 sen DPU
Al-Aqar Healthcare Real Estate Investment Trust (Al-Aqar REIT) (KL:ALAQAR), which owns and manages hospitals, wellness and health centres and health colleges, has reported a 2.5% year-on-year fall in its second-quarter net income.
Hyatt Regency Kuala Lumpur at KL Midtown officially opens
Hyatt Regency Kuala Lumpur at KL Midtown officially opened its doors on Tuesday, marking the return of the Hyatt Regency brand to Kuala Lumpur and representing Hyatt Hotels Corporation’s seventh property in the city.
E&O pitches its Andaman Island as site of RM10 bil Penang International Financial Centre
Eastern & Oriental Bhd (KL:E&O) is pitching its Andaman Island as the site of the proposed RM10 billion Penang International Financial Centre.
Kerjaya Prospek eyes land acquisitions to expand property pipeline
Kerjaya Prospek Group Bhd (KL:KERJAYA) said it is eyeing new land acquisitions to bolster its property development pipeline, while also exploring opportunities in industrial park projects.
