Chin Hin Group Bhd’s net profit for the second quarter ended June 30, 2022 (2QFY22) got a big boost from the revaluation of its 19.34% stake in Solarvest Holdings Bhd.

Police have arrested eight men, including four with the title of Datuk, for suspected involvement in the illegal transfer of three plots of government land worth more than RM100 million in Kluang.

Sime Darby Property Bhd said on Friday (Aug 26) labour shortage presents challenges to the property developer to fully recognise its profit and revenue due to delayed works at its construction sites.

Eco World Development Group Bhd (EcoWorld) and Public Bank Bhd signed a memorandum of understanding (MOU) today to provide green and sustainable development financing.

The construction Rumah Idaman Bukit Jelutong affordable homes took another step forward today with a ground-breaking ceremony.

The Kajang Municipal Council (MPKj) has warned that it “would not hesitate to take action” against property owners who build structures on common areas.

Berjaya Land Bhd (BLand) reported a higher net loss of RM133.44 million in the fourth quarter ended June 30, 2022 (4QFY22) up 5.61% from RM126.34 million a year ago, due to provisions it made to impair the balance proceeds of a mall it sold in China, which it feared it might not be able to collect.

YTL Corp Bhd returned to the black in the fourth quarter ended June 30, 2022 (4QFY22) with a net profit of RM8.68 million, compared with a net loss of RM407.48 million in 4QFY21, on the absence of impairment losses under its property business, while contribution from its utilities business strengthened.

Malaysia Building Society Bhd’s (MBSB) second quarter net profit slipped 64.7% to RM142.3 million, from RM403.4 million a year ago, due to higher operating expenses (opex) and net impairment allowance.

KSL Holdings Bhd's net profit for the second quarter ended June 30, 2022 (2QFY22) rose to RM55.34 million from RM34.02 million recorded in the same period last year.