Wawasan Dengkil bags RM24.8 mil road and landscape job from Gamuda unit

Wawasan Dengkil bags RM24.8 mil road and landscape job from Gamuda unit

news

Updated:
  • Wawasan Dengkil Holdings Bhd secured a RM24.8 million subcontract for a data centre in Selangor.
  • The work includes road and landscape construction, starting May 15, 2026.
  • This project is expected to enhance the company's financial metrics during its duration.
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UDA hands over UDA Heights in Johor

UDA hands over UDA Heights in Johor

news

Updated:
  • UDA Holdings Bhd has delivered keys to over 70 buyers of UDA Heights in Johor, ahead of schedule.
  • The project features bungalows and semi-detached houses, with prices starting at RM1.7 million.
  • UDA plans to launch three new projects in Bandar UDA Utama this year, focusing on quality and affordability.
Paramount's FY2025 net profit up 16% to RM118.82 mil

Paramount's FY2025 net profit up 16% to RM118.82 mil

news

Updated:
  • Paramount Corporation Bhd reported a net profit of RM118.82 million for FY2025, up 16%.
  • Revenue fell 9% to RM946.87 million, mainly due to declines in property and investment segments.
  • The company expects a positive outlook for FY2026, with unbilled sales of RM1.5 billion.
Berjaya Land to be renamed Berjaya Property

Berjaya Land to be renamed Berjaya Property

news

Updated:
  • Berjaya Land Bhd will be renamed Berjaya Property Bhd after shareholder approval.
  • The change reflects the company's focus on property and its strategic evolution in various sectors.
  • “The rebranding to Berjaya Property Bhd enhances the group’s corporate identity."
Gamuda Land reaffirms Malaysia focus, highlights 'Money Mari Home' initiative

Gamuda Land reaffirms Malaysia focus, highlights 'Money Mari Home' initiative

news

Updated:
  • Gamuda Land emphasises Malaysia as its core market while expanding regionally.
  • The 'Money Mari Home' initiative aims to support first-time buyers with financial assistance.
  • A recent appreciation dinner celebrated partnerships that enhance homeownership and community development.
Tropicana Foundation and VitaHealth deliver CNY cheer to two elderly homes

Tropicana Foundation and VitaHealth deliver CNY cheer to two elderly homes

news

Updated:
  • Tropicana Corp's Tropicana Foundation partnered with VitaHealth to support two elderly care homes for CNY.
  • The two homes were Yi Xing USJ Old Folks Home and Rumah Charis Home for the Aged
  • The initiative emphasises community engagement and aligns with the foundation's broader ESG goals.
KIP REIT to fund RM160 mil Kinta City Mall expansion, securing 25-year lease with AEON

KIP REIT to fund RM160 mil Kinta City Mall expansion, securing 25-year lease with AEON

news

Updated:
  • KIP Real Estate Investment Trust will invest RM160 million to expand AEON Mall Kinta City.
  • The expansion will increase leasable space by 27% and secure a 25-year lease extension with AEON.
  • This project aims for an 8% yield, boosting KIP REIT's annual rental income to RM12.8 million.
MBSB IB sees marginal property sector growth in 2026

MBSB IB sees marginal property sector growth in 2026

news

Updated:
  • Malaysia's property sector is set for marginal growth in 2025, driven by steady demand.
  • Loan applications for property purchases rose 6.9% y-o-y in December 2025, despite a 9% drop from November.
  • Investors are becoming more selective in property stocks, focusing on key sector themes.
High Court orders KSK Land to pay RM102m to GDB unit over 8 Conlay works

High Court orders KSK Land to pay RM102m to GDB unit over 8 Conlay works

news

Updated:
  • GDB Holdings' subsidiary won a High Court judgment for RM102.08 million against KSK Land in liquidation.
  • The dispute arose from late payments on a RM1.25 billion contract for the 8 Conlay project.
  • GDB's shares fell 1.3% to 38.5 sen, despite an 8.5% increase over the past year.
Oriental Kopi firms up deal to buy head office for RM23m

Oriental Kopi firms up deal to buy head office for RM23m

news

Updated:
  • Oriental Kopi Holdings Bhd will acquire its Puchong office and warehouse for RM23 million in cash.
  • The deal, formalised with Icon Facade Sdn Bhd, aims to save costs by eliminating rental expenses.
  • Icon Facade is owned by Heng Ngeng Choo and Siau Fui Chen.
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Wawasan Dengkil bags RM24.8 mil road and landscape job from Gamuda unit