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News by theedgemalaysia.com

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Chin Hin, Fiamma and PIJ Property jointly launch Amberwood Resort Residences in JB

03 June, 2025

The leasehold development spans 3.49 acres and comprises two towers—490 units in Tower A and 334 units in Tower B. 

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news

Jaya Tiasa diversifies into property development with RM100m land purchase in Sarawak

02 June, 2025

Palm oil and timber producer Jaya Tiasa Holdings Bhd (KL:JTIASA) is buying four parcels of land sited one kilometre away from the Sibu town in Sarawak for RM100 million in cash, as it bids to expand into property development.

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Minority shareholders seek court order to access records for Kumpulan Jetson EGM to remove board

02 June, 2025

A group of Kumpulan Jetson Bhd’s (KL:JETSON) minority shareholders, who were blocked from holding an extraordinary general meeting (EGM) to remove the entire board, have asked the court to compel the company to give them access to its shareholder records so they can hold the meeting.

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Appellate court dismisses Hydroshoppe and Menara KL’s appeal for temporary injunction to halt awarding of new concession

02 June, 2025

A three-member Court of Appeal bench on Friday dismissed an appeal by the former operator of the Kuala Lumpur Tower for an ad interim injunction (temporary injunction) to halt the government’s award of the KL Tower concession to a subsidiary of Lim Seong Hai Capital Bhd (KL:LSH), LSH Service Master Sdn Bhd.

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Exsim Hospitality bags RM46m hotel fit-out job in Port Dickson

02 June, 2025

Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has bagged a RM46 million contract to carry out interior fit-out works on an 11-storey hotel in Port Dickson.

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AME Elite’s 4Q net profit rises 40% on strong construction revenue

02 June, 2025

AME Elite Consortium Bhd (KL:AME) on Friday reported a 40.11% increase in net profit for its fourth quarter ended March 31, 2025 (4QFY2025), mainly driven by higher revenue from its construction services segment.

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Tropicana group CEO Mark Victor redesignated as non-executive director

02 June, 2025

Tropicana Corp Bhd (KL:TROP) has redesignated its group chief executive officer Datuk Mark Victor Rozario as a non-independent non-executive director.

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Mah Sing seeks new partners for Bangi data centre project; 1Q net profit rises 10%

02 June, 2025

Mah Sing Group Bhd (KL:MAHSING) announced on Friday that it is seeking new partners to develop data centre facilities on 17.55 acres of freehold land in Southville City, Bangi, after talks with Bridge Data Centres lapsed.

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Eco World International's split with EcoWorld deemed ‘fair and reasonable’ by MIDF

30 May, 2025

Minority shareholders of Eco World International Bhd or EWI (KL:EWINT) have been advised to support the property developer’s proposals, including ending its collaboration with Eco World Development Group Bhd (KL:ECOWLD), to pave the way for entry into the Malaysian real estate market.

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news

Avaland posts 1Q net profit of RM20.2m, plans RM1.3b launches for 2025

30 May, 2025

Avaland Bhd (KL:AVALAND) reported a 4.7% drop in net profit for the first quarter ended March 31, 2025 (1QFY2025), mainly due to lower earnings from completed projects like Aetas Damansara and Alira Subang.

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    TRENDING NOW
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