Berjaya Property’s ultra-luxury gambit

Berjaya Property’s ultra-luxury gambit

news

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.
Read More
Sunway’s healthcare arm eyes Southeast Asia expansion

Sunway’s healthcare arm eyes Southeast Asia expansion

news

Updated:
  • Sunway Healthcare Holdings Bhd is considering expansion into Southeast Asia as part of its growth strategy.
  • The group plans to focus on domestic growth first, with new hospital developments in East Malaysia and Pahang.
  • SHH is set to raise RM2.86 billion from its IPO, marking Malaysia's largest listing in nine years.
Read More
KPKT implements immediate mitigation measures over TTDI water overflow

KPKT implements immediate mitigation measures over TTDI water overflow

news

Updated:
  • The Ministry of Housing and Local Government addressed flooding concerns in Taman Tun Dr Ismail.
  • They initiated technical measures to improve drainage and mitigate overflow from recent heavy rains.
  • Ongoing actions include upgrading retention ponds and inspecting drainage systems to prevent future incidents.
Read More
SD Guthrie, Selangor govt explore massive 5,000-acre development on Carey Island

SD Guthrie, Selangor govt explore massive 5,000-acre development on Carey Island

news

Updated:
  • SD Guthrie Bhd and the Selangor government have partnered for a major development on Carey Island.
  • The MOU outlines plans for a 2,500 to 5,000-acre project linked to the Carey Island Port expansion.
  • This initiative aims to enhance the island's economic potential and support Selangor's growth agenda!
Read More
Astaka ventures into healthtech as new growth driver, signs exclusive deal with Evergrown

Astaka ventures into healthtech as new growth driver, signs exclusive deal with Evergrown

news

Updated:
  • Astaka Holdings Ltd is entering the healthtech sector by partnering with Evergrown Holdings Bhd.
  • They will manufacture healthtech light products to enhance hygiene in built environments.
  • Astaka aims to launch its brand in Singapore by 3Q2026, expanding regionally thereafter.
Read More
YTL Hospitality REIT eyes RM99 mil private placement for debt repayment

YTL Hospitality REIT eyes RM99 mil private placement for debt repayment

news

Updated:
  • YTL Hospitality REIT plans to raise RM99 million by placing up to 90 million new units.
  • The units will represent about 5% of the REIT's enlarged capital, priced at RM1.10 each.
  • The REIT currently has RM1.41 billion in borrowings and manages 18 properties.
Read More
YTL 1HFY2026 earnings hit by lower power prices, Malayan Cement bright spot

YTL 1HFY2026 earnings hit by lower power prices, Malayan Cement bright spot

news

Updated:
  • YTL Corp Bhd's net profit fell 21.01% to RM784.51 million in 1HFY2026 due to lower electricity prices.
  • YTL Power's net profit dropped 43.13% to RM436.56 million.
  • Malayan Cement saw a 26.15% profit rise to RM232.98 million.
Read More
UEM Sunrise FY2025 revenue rises 27% to RM1.7b, proposes higher 1.43 sen dividend

UEM Sunrise FY2025 revenue rises 27% to RM1.7b, proposes higher 1.43 sen dividend

news

Updated:
  • UEM Sunrise Bhd reported a 27% revenue increase to RM1.7 billion for FY2025, driven by property development.
  • The company proposed higher dividends of 1.43 sen per share, exceeding last year's payout.
  • For FY2026, UEM Sunrise targets RM1.3 billion in sales and plans to focus on attainable homes in key regions.
Read More
Chin Hin 4Q net profit up 5% to RM38 mil on turnaround in property business

Chin Hin 4Q net profit up 5% to RM38 mil on turnaround in property business

news

Updated:
  • Chin Hin Group Bhd's net profit rose 5.37% to RM37.99 million in 4QFY2025, driven by property development.
  • Revenue increased 9.71% to RM1.09 billion, with the property segment's revenue tripling to RM282.86 million.
  • For FY2025, net profit fell 9.75% to RM103.63 million, despite a revenue rise to RM4.07 billion.
Read More
Bites
Berjaya Property’s ultra-luxury gambit