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.
Urban challenges such as loneliness and depression could be addressed through better city projects that encourage social interaction and well-being.
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When: May 2025
Majestic Labs within Eco Majestic brought the Semenyih community together for its Merdeka & Malaysia Day Picnic and Night Market over the weekend, attracting an estimated 1,500 to 2,000 visitors.
Tropicana Corp Bhd reported a net profit of RM1.25 million for the three months ended June 30, 2025 (2QFY2025).
NCT Alliance Bhd registered a second-quarter 52.1% surge in revenue.
WCT Holdings Bhd reported a 47% year-on-year increase in revenue to RM553.78 million for the second quarter ended June 30, 2025 (2QFY2025), driven by higher sales and billings in the property development segment and revenue from land sales.
Berjaya Land Bhd reported a narrower net loss of RM15.43 million for the fourth quarter ended June 30, 2025 (4QFY2025), a significant improvement from RM79.91 million a year earlier, driven by higher profits from its hotels and resorts, contributions from associates, and foreign exchange gains.
IGB Bhd (IGB) yesterday announced that its wholly owned subsidiary, IGB Corp Bhd (IGBCB) entered into a Shareholders Agreement with Southkey City Sdn Bhd (SCSB) to establish Enrich Horizon Sdn Bhd (EHSB) to acquire and develop two parcels of leasehold land in Southkey, Johor Bahru.
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