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Country View more than doubles dividends after 79% rise in 4Q net profit

Country View more than doubles dividends after 79% rise in 4Q net profit

news

Updated:
  • Country View Bhd doubled its dividend payout for 4QFY2025, declaring 13 sen per share.
  • Net profit rose 79.37% to RM18.78 million, driven by increased revenue of RM83.63 million.
  • The company anticipates continued growth in FY2026 from ongoing property developments in Iskandar Puteri.
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SkyWorld breaks ground on first Vietnam project in Binh Duong near Ho Chi Minh City

SkyWorld breaks ground on first Vietnam project in Binh Duong near Ho Chi Minh City

news

Updated:
  • SkyWorld Development Bhd launched SkySOLIS, its first project in Vietnam.
  • The project is located in Lái Thiêu Ward, Thuan An City, Binh Duong Province, Vietnam, near Ho Chi Minh City.
  • The project introduces a "Healthy Home" concept and QLASSIC quality system.
PTL Properties opens sales gallery for 664-unit The Rimbun in Bukit Mertajam

PTL Properties opens sales gallery for 664-unit The Rimbun in Bukit Mertajam

news

Updated:
  • PTL Properties opened the sales gallery for The Rimbun townhouse development in Penang.
  • Indicative prices start from RM400,000, with various layouts and amenities.
  • The sales gallery opening drew over 1,000 visitors and featured many activities.
Paragon Globe proposes RM141.1 mil Sedenak land acquisition for RM1.69 bil industrial park plan

Paragon Globe proposes RM141.1 mil Sedenak land acquisition for RM1.69 bil industrial park plan

news

Updated:
  • Paragon Globe Bhd plans to acquire land in Johor for RM141.14 mil.
  • They aim to develop an industrial park with a RM1.69 bil GDV.
  • The project includes factories, commercial units, and a workers' hostel.
Lagenda realignment triggers RM543 mil reverse takeover of Epicon

Lagenda realignment triggers RM543 mil reverse takeover of Epicon

news

Updated:
  • Lagenda Properties plans to inject its construction business into Epicon Bhd.
  • This involves selling 60% stakes in two subsidiaries for RM543.16 mil.
  • Lagenda will become Epicon's majority shareholder, streamlining operations.
Tanco inks more Smart AI Port MOUs, including with China’s SPG Qingdao for funding

Tanco inks more Smart AI Port MOUs, including with China’s SPG Qingdao for funding

news

Updated:
  • Tanco Holdings signed two MOUs for its Smart AI Container Port project.
  • One MOU is with SPG Qingdao Port Group for project participation and funding.
  • The other MOU secures armour rocks for land reclamation at the Port Dickson site.
From gridlock to growth: Can Malaysia adapt the Singapore, Hong Kong TOD models?

From gridlock to growth: Can Malaysia adapt the Singapore, Hong Kong TOD models?

news

Updated:
  • In Malaysia, the national conversation is shifting decisively from volume to location.
  • Transit-Oriented Developments (TODs) aim to reduce car dependency and boost urban efficiency.
  • TOD can help deliver a Malaysia that is less congested, more fuel-resilient and more liveable.
Strata system under pressure from awareness gaps, financing, ageing assets

Strata system under pressure from awareness gaps, financing, ageing assets

news

Updated:
  • Malaysia's strata system faces challenges despite a strong legal framework.
  • Issues include low awareness, weak enforcement, and ageing infrastructure.
  • The Housing Ministry is reviewing the Strata Management Act 2013 to address these gaps.
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