Construction firm GDB posts record 2Q earnings; targets RM1.8b new bids by 4Q
Net profit for the quarter jumped more than fivefold to RM21.75 million from RM4.16 million a year earlier.
Ivory Properties’ unit under receivership after default
Ivory Properties said Ivory Indah is not a major subsidiary, with its assets making up 15% of the group.
Ivory Properties CEO Low Eng Hock resigns amid MBI probe; delisting looms
Ivory Properties Group Bhd (KL:IVORY), a Practice Note 17 (PN17) company, announced that its group chief executive officer and executive director Datuk Low Eng Hock has resigned from all positions in the Penang-based property developer, effective Aug 22, citing personal reasons.
PAC: Outdated land formula costs govt RM136.8m in Kampung Bohol deal, needs review
The parliamentary Public Accounts Committee (PAC) found that an outdated formula to calculate land prices led to the government losing about RM136.8 million in revenue in the case of the Kampung Bohol flood retention pond project.
PAC calls for overhaul of KL land development system over unchecked approvals, ignored public objections and cheap land sales
The Public Accounts Committee (PAC) has called for the government to overhaul Kuala Lumpur’s land development system after uncovering serious issues, including unchecked approvals, ignored public objections, and the sale of public land below market value.
More than 80 residents associations in Klang Valley demand withdrawal of Urban Renewal Act
A coalition of more than 80 residents associations in Klang Valley is rejecting the Urban Renewal Act 2025 and calling on the government to withdraw the legislation.
I-Bhd partners AgiBot to transform i-City into Malaysia’s first AI, robotics centre
I-Bhd (KL:IBHD) on Friday announced it is partnering with Chinese embodied AI company AgiBot Innovation (Shanghai) Technology to transform i-City into the nation's first AI and Robotics Experience Centre.
Eversendai says work on Saudi ski village to proceed amid talk of Asian Winter Games relocation
Eversendai Corp Bhd (KL:SENDAI), which is undertaking steel works for Saudi Arabia’s Trojena Ski Village, said construction activities will continue “without interruption” following reports that the 2029 Asian Winter Games may be reassigned to a different host country.
Land & General's 1Q net profit more than doubles on stronger property, education earnings
Land & General Bhd’s (KL:L&G) net profit more than doubled in the first quarter on higher contributions from its property development and education divisions.
Ideal Capital's 2Q profit slips as cost accelerates; Ooi Kee Liang steps down as chairman
Property group Ideal Capital Bhd (KL:IDEAL) saw its net profit for the second quarter fall 14%, dragged down by a jump in cost of sales despite higher revenue.
