Inta Bina secures RM68 mil residential construction job in Cyberjaya
Inta Bina Group Bhd (KL:INTA) clinched a RM67.79 million contract on Thursday to undertake the construction of houses in Cyberjaya.
Inta Bina Group Bhd (KL:INTA) clinched a RM67.79 million contract on Thursday to undertake the construction of houses in Cyberjaya.
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.
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.
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.
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).
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.
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.
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.
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.
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.