Berjaya Assets Bhd (KL:BJASSET), the developer of Times Square, said on Wednesday it narrowed net loss for the fourth quarter with accounting gains and revenue growth.

Property developer MB World Group Bhd, which was once a publicly listed entity, on Wednesday launched its 732-acre MBW Innexus Industrial City development in Tanjung Langsat, Johor Bahru, Johor.

Avaland Bhd (KL:AVALAND) expects stronger earnings in the coming months from its newly-launched developments after a weaker second quarter.

Eco World Development Group Bhd’s (KL:ECOWLD) wholly owned subsidiary, Eco World Perpetual Capital Bhd, has established a rated perpetual sukuk wakalah programme with a nominal value of RM2 billion.

EUPE Corp Bhd (KL:EUPE) announced that its Est8 @ Seputeh, a serviced residential development with a gross development value of RM658 million that is located in Kuala Lumpur, is 99% sold.

The 86th National Council for Local Government (MNKT) meeting on Wednesday agreed to implement the Government Service Efficiency Commitment Act 2025 (Act 867) at the state and local authority levels to strengthen the public service reform agenda.

Property developer Eastern & Oriental Bhd (KL:E&O) has signed a deal to sell two adjoining freehold land parcels in London, covering 1.329 acres, for at least £75 million (RM427.8 million) and up to £90.54 million (RM515.8 million).

Titijaya Land Bhd (KL:TITJAYA), via its wholly-owned subsidiary, Titijaya Development (Pulau Pinang) Sdn Bhd, has signed a joint venture agreement with Mines Heights Development Sdn Bhd to develop a 3-acre parcel of land in Taman Connaught, Cheras, into a transit-oriented development (TOD).

Noteworthy:

• Freehold
• Built-up size: 3,505 sq ft
• Land size: 3,200 sq ft
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Damai Hillpark, AEON Mall Cheras Selatan, The Mines Shopping Mall, The Mines Resort & Golf Club, UCSI College, Columbia Asia Hospital
• Accessibility: Cheras–Kajang Expressway, SILK, MRR2, SUKE, Persiaran Damai Perdana

When: February 2025

S P Setia Bhd reported a net profit of RM99.8 million for the second quarter ended June 30, 2025 (2QFY2025).