Wawasan Dengkil’s 2QFY2026 net profit falls to RM700,000; no update on January MoU

Wawasan Dengkil’s 2QFY2026 net profit falls to RM700,000; no update on January MoU

news

Updated:
  • Wawasan Dengkil Holdings Bhd reported a net profit drop to RM700,000 for 2QFY2026.
  • Revenue increased slightly to RM49.39 million, but profit before tax fell significantly.
  • Shares closed at 17 sen, near a 52-week low, with no dividend declared for the quarter.
Read More
Yong Tai to issue RM1.5 mil RCPS under ongoing fund-raising exercise

Yong Tai to issue RM1.5 mil RCPS under ongoing fund-raising exercise

news

Updated:
  • Yong Tai Bhd is issuing 1.5 million redeemable convertible preference shares for RM1.5 million.
  • The targeted closing date for this issuance is set for Feb 24, 2026.
  • The stock remains low, trading below its 52-week high, as investors await news on a hotel disposal.
Read More
IOI Properties’ CEO Lee Yeow Seng buys additional 9.4m shares during closed period

IOI Properties’ CEO Lee Yeow Seng buys additional 9.4m shares during closed period

news

Updated:
  • Datuk Lee Yeow Seng acquired 9.4 mil shares of IOI Properties, raising his total interest to 3.7 bil shares.
  • The Employees Provident Fund also adjusted its stake, acquiring 25,000 shares while disposing of 1.7 mil.
  • IOI Properties' stock rose 3.18% following these insider transactions, indicating positive market sentiment.
Read More
Penang quit rent revision needed to correct long-standing disparities, says CM

Penang quit rent revision needed to correct long-standing disparities, says CM

news

Updated:
  • The Penang government will increase quit rent in 2026 and gazette 25 new townships to address inequities.
  • Chief Minister Chow Kon Yeow noted the last rate revision was in 1994, leading to unfair disparities.
  • To ease the impact, a 50% rebate will be provided to affected landowners facing increased rates.
Read More
E&O to highlight forest-adjacent Seri Embun in City of Elmina during CNY showcase

E&O to highlight forest-adjacent Seri Embun in City of Elmina during CNY showcase

news

Updated:
  • E&O will host a Chinese New Year celebration at City of Elmina from Feb 28 to March 1, 2026!
  • The event, 'Huat Come Home', features family activities, lion dances, and traditional snacks.
  • Seri Embun, the new residential township, emphasies long-term liveability, green spaces and wellness.
Read More
EPF and Maybank trade Sunway, IJM shares amid takeover bid

EPF and Maybank trade Sunway, IJM shares amid takeover bid

news

Updated:
  • Sunway Bhd reported share transactions involving key stakeholders amid its takeover offer for IJM Corp.
  • The Employees Provident Fund and Maybank were noted for significant trades in Sunway and IJM shares.
  • Disclosures enhance transparency and allow investors to track shareholder movements during takeover process.
Read More
Econpile set to surge despite slower project rollout, says RHB IB after cutting targets

Econpile set to surge despite slower project rollout, says RHB IB after cutting targets

news

Updated:
  • RHB Investment Bank expects Econpile Bhd's share price to rise to 44 sen despite cutting earnings forecasts.
  • The firm maintains a "buy" rating, citing a strong order book and earnings recovery.
  • Econpile's order book has reached RM700 million, bolstered by new job wins this financial year.
Read More
Andrew Tan trades 28.65m Tanco shares, ends with marginal net gain

Andrew Tan trades 28.65m Tanco shares, ends with marginal net gain

news

Updated:
  • Datuk Seri Andrew Tan Jun Suan traded shares in Tanco Holdings Bhd, acquiring 14.36 million shares.
  • His direct interest increased by 61,600 shares, totaling 1,142,150,492 shares (18.955%).
  • The filings show no change in control, with indirect interests remaining at 2,086,141,352 shares (34.622%).
Read More
FBG bags RM238 mil contract to build 25-storey hotel at JB's Mid Valley Southkey

FBG bags RM238 mil contract to build 25-storey hotel at JB's Mid Valley Southkey

news

Updated:
  • FBG Holdings Bhd has secured a RM238.1 million contract for a 25-storey hotel in Johor Bahru.
  • The project will add 375 rooms and is set to be completed by June 30, 2028.
  • This contract boosts FBG's order book to RM1.23 billion, enhancing its growth prospects.
Read More
Radium completes RM45m Ampang land acquisition

Radium completes RM45m Ampang land acquisition

news

Updated:
  • Radium Development Bhd has completed its RM45 million land acquisition in Bandar Ampang, Selangor.
  • The sale became unconditional on July 23, 2025, with full payment made on Feb 13, 2026.
  • Vacant possession was delivered on Jan 31, 2026, after extensions were granted without penalties.
Read More
Bites
Wawasan Dengkil’s 2QFY2026 net profit falls to RM700,000; no update on January MoU