Matrix Concepts' 3Q profit climbs 15.5% on stronger revenue recognition, take-ups

Matrix Concepts' 3Q profit climbs 15.5% on stronger revenue recognition, take-ups

news

Updated:
  • Matrix Concepts Holdings Bhd reported a 15.5% rise in net profit to RM50.04 million for 3QFY2026.
  • Revenue increased by 31.8% to RM370.14 million, driven by strong project take-up rates.
  • The company anticipates growth from new acquisitions and planned launches exceeding RM800 million.
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Berjaya Property’s ultra-luxury gambit

Berjaya Property’s ultra-luxury gambit

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Updated:
  • Berjaya Property Bhd is shifting towards the ultra-luxury market, with strong sales in premium projects.
  • It reported a net loss of RM121.76 million due to currency impacts, but core property revenue grew 2.3%.
  • Analysts suggest a potential REIT structure could unlock value, aligning with broader industry trends.
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IJM Land launches RM92.9 mil Sutera Phase 2 at S2 Heights Aman

IJM Land launches RM92.9 mil Sutera Phase 2 at S2 Heights Aman

news

Updated:
  • IJM Land Bhd has launched Sutera Phase 2 at S2 Heights Aman, valued at RM92 million.
  • This phase includes 104 two-storey link homes with built-ups from 1,949 sq ft.
  • The development features green areas and is near lifestyle hubs, promoting a family-friendly environment.
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Kerjaya Prospek eyes industrial park expansion, land bank growth

Kerjaya Prospek eyes industrial park expansion, land bank growth

news

Updated:
  • Kerjaya Prospek Group Bhd is seeking new industrial park opportunities beyond its Penang joint venture.
  • The group reported a 54% profit increase and is in talks for the Batu Kawan Industrial Park project.
  • They also plan land acquisitions in Kuala Lumpur, Penang, and Johor to enhance their property portfolio.
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Kerjaya Prospek sees 53% earnings jump in 4Q, declares 3.5 sen dividend

Kerjaya Prospek sees 53% earnings jump in 4Q, declares 3.5 sen dividend

news

Updated:
  • Kerjaya Prospek Group Bhd's net profit surged 53.36% to RM66.73 million in 4QFY2025.
  • Revenue increased 12.3% to RM671.66 million, driven by a 123.9% rise in property development.
  • The group declared a higher dividend of 3.5 sen per share, supported by a strong order book of RM3.9 billion.
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Heng Guan Development secures five anchor tenants for Aera Business Centre in Sungai Petani

Heng Guan Development secures five anchor tenants for Aera Business Centre in Sungai Petani

news

Updated:
  • Heng Guan Development has secured five anchor tenants for the Aera Business Centre in Kedah.
  • The centre will feature around 50 shopoffices and is set to complete by 2Q2026, with nearly 70% occupancy.
  • Aera Township aims to integrate residential and commercial spaces within a 150-acre master plan.
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Ideal Property Group’s Penang Technology Park @ Bertam completes Phase 1, Phase 2 at 85%

Ideal Property Group’s Penang Technology Park @ Bertam completes Phase 1, Phase 2 at 85%

news

Updated:
  • Ideal Property Group's Penang Technology Park has completed Phase 1 and is 85% through Phase 2.
  • The park is becoming a key part of Penang's semiconductor ecosystem, attracting foreign investments.
  • Major projects include a lithium battery facility and a silicon carbide wafer production base.
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Malaysia’s data-centre footprint expands as cloud and AI investments deepen across Asean

Malaysia’s data-centre footprint expands as cloud and AI investments deepen across Asean

news

Updated:
  • Malaysia's data-centre sector is rapidly expanding due to strong hyperscaler demand and policy support.
  • Cyberjaya and Kuala Lumpur are key hubs, while Johor is emerging as the fastest-growing area for data centres.
  • New Industrial Master Plan 2030 highlights digital infrastructure as vital for economic growth in Malaysia.
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E&O 3Q net profit rises 105.6% to RM63.5m on stronger property billings

E&O 3Q net profit rises 105.6% to RM63.5m on stronger property billings

news

Updated:
  • Eastern & Oriental Bhd reported a 105.6% increase in net profit to RM63.51 million for 3QFY2026.
  • Revenue rose 45.4% to RM243.92 million, driven by strong performance in the property segment.
  • The company declared an interim dividend of one sen per share.
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Matrix Concepts' 3Q profit climbs 15.5% on stronger revenue recognition, take-ups