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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

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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.
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Gadang extends conditional period for Rumah Selangorku land disposal

Gadang extends conditional period for Rumah Selangorku land disposal

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Updated:
  • Gadang Holdings extended a land sale agreement.
  • The subsidiary and buyer agreed to a new deadline.
  • This allows more time to meet sale conditions.
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GDB wins as High Court strikes out KSK Land's originating summons

GDB wins as High Court strikes out KSK Land's originating summons

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Updated:
  • The Kuala Lumpur High Court struck out a summons by KSK Land against GDB Holdings' subsidiary.
  • This is a favourable outcome for Grand Dynamic Builders Sdn Bhd.
  • The court also ordered costs against KSK Land's liquidator.
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Lee Kim Yew's deemed stake in Country Heights rises to 43.91% after off-market share acquisition

Lee Kim Yew's deemed stake in Country Heights rises to 43.91% after off-market share acquisition

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Updated:
  • Country Heights founder Tan Sri Lee Kim Yew increased his stake.
  • His investment vehicle acquired six million shares off-market.
  • This boosted his total interest to 43.91%.
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Oriental Interest to acquire motorcycle financing and retail businesses in RM280m related-party deal

Oriental Interest to acquire motorcycle financing and retail businesses in RM280m related-party deal

news

Updated:
  • OIB plans to acquire two motorcycle financing and retail businesses for RM280 million.
  • This related-party deal diversifies OIB's portfolio beyond property development.
  • The acquisition will be satisfied by issuing new shares and redeemable preference shares.
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CapitaLand Malaysia Trust's 2Q net property income rises 12.5%, declares 1.29 sen DPU

CapitaLand Malaysia Trust's 2Q net property income rises 12.5%, declares 1.29 sen DPU

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Updated:
  • CapitaLand Malaysia Trust (CLMT) saw a 12.5% NPI increase in 2QFY2026.
  • Distributable income jumped 25.6% to RM43.4 mil for the quarter.
  • CLMT declared a DPU of 1.29 sen, with a 94.4% portfolio occupancy rate.
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Ex-PRG MD Lua Choon Hann urges Ng and Sheah to bury the hatchet in open letter to shareholders

Ex-PRG MD Lua Choon Hann urges Ng and Sheah to bury the hatchet in open letter to shareholders

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Updated:
  • Former MD Lua Choon Hann urged PRG's top shareholders to end their dispute.
  • He warned their conflict jeopardises the company's future and all stakeholders.
  • Lua called for dialogue to resolve issues and restore confidence in PRG.
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SkyWorld opens first overseas office in Vietnam, launches 1,101-unit SkySOLIS residential development

SkyWorld opens first overseas office in Vietnam, launches 1,101-unit SkySOLIS residential development

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Updated:
  • SkyWorld Development Bhd opened its first overseas sales gallery in Ho Chi Minh City, Vietnam.
  • This marks SkyWorld's expansion into Southeast Asia with the SkySOLIS residential project.
  • The gallery showcases SkyWorld's commitment to quality and healthy living principles.
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Beverly Group to launch RM1.1 bil serviced apartment project in TRX

Beverly Group to launch RM1.1 bil serviced apartment project in TRX

news

Updated:
  • Beverly Group plans to develop a RM1.1 bil luxury serviced apartment project in TRX.
  • It's a wellness-focused development with 315 units for urban professionals.
  • Their One Equine project also scored 85% on Qlassic.
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Matrix Concepts’ FY2026 revenue rises 19.4% to RM1.37 bil, launches RM1.99 bil of projects

Matrix Concepts’ FY2026 revenue rises 19.4% to RM1.37 bil, launches RM1.99 bil of projects

news

Updated:
  • Matrix Concepts reported a 19.4% revenue increase to RM1.37 bil in FY2026.
  • This growth was driven by property development and the Horizon Group acquisition.
  • The company launched RM1.99 bil in projects, achieving a 76.9% take-up rate.
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