IGB Bhd’s (KL:IGBB) net profit for the third quarter climbed 32.3% to RM97.48 million from RM73.69 million a year ago, driven by stronger contributions from its retail, commercial, hotel and property development divisions.
Chin Hin Group Property Bhd (KL:CHGP) said it is buying 25.9 acres of land just outside Kuala Lumpur for RM91 million in cash to develop a housing project with an estimated gross development value (GDV) of RM560 million.
Kuala Lumpur Kepong Bhd (KL:KLK) saw its fourth-quarter net profit soar 14-fold, boosted by stronger plantation and property results, despite notching RM123.7 million in non-cash losses from its UK chemicals investment, Synthomer plc, including a RM60 million impairment.
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When: June 2025
S P Setia Bhd is preparing for the launch of its latest premium residential phase, Casa D'Arcadia, within the arts-inspired township of Setia AlamImpian.
UOA Development Bhd (KL:UOADEV) more than doubled its earnings in the third quarter thanks to a surge in progress billings while expenses remained largely steady.
Seremban-based developer Matrix Concepts Holdings Bhd (KL:MATRIX) reported marginally higher earnings for the second quarter as higher project contributions and lower operating expenses offset product mix effects.
Kerjaya Prospek Group Bhd's (KL:KERJAYA) unit has bagged a contract worth RM350.62 million from Pixel Valley Sdn Bhd for the completion of building contract works in Batu Kawan, Seberang Perai Selatan, Penang.
Industry experts and developers have urged closer coordination between government agencies, local councils, utility providers, and the private sector to strengthen Malaysia’s industrial development.
The floods throughout the Northeast monsoon period do not only depend on rainfall but also are affected by land factors such as land-use change, population density and the effectiveness of local drainage systems.
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