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Mah Sing posts decade-high RM2.51b sales in FY2025, sets RM2.76b target for 2026

Mah Sing posts decade-high RM2.51b sales in FY2025, sets RM2.76b target for 2026

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Updated:
  • Mah Sing Group Bhd achieved RM2.51 billion in property sales for FY2025, marking a decade-high performance.
  • Company plans to launch RM3.45 billion worth of projects in 2026, targeting Klang Valley, Penang, and Johor.
  • With RM3.24 billion in unbilled sales, Mah Sing is well-positioned for future growth and profitability.
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Lagenda secures RM475 mil inaugural sukuk to fund affordable township expansion

Lagenda secures RM475 mil inaugural sukuk to fund affordable township expansion

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Updated:
  • Lagenda Properties secured RM475 mil in its first sukuk issuance.
  • The issuance follows the establishment of the RM1.5 bil sukuk wakalah programme.
  • The programme strengthens their financial flexibility and capital structure.
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Rivertree STF Synergies defers CLQ management diversification pending definitive agreement

Rivertree STF Synergies defers CLQ management diversification pending definitive agreement

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Updated:
  • Rivertree STF Synergies Bhd postponed its CLQ diversification.
  • The delay is pending a definitive agreement's finalisation.
  • The company still intends to pursue this business later.
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Country View's 2Q profit rises 15% despite lower revenue on stronger margins

Country View's 2Q profit rises 15% despite lower revenue on stronger margins

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Updated:
  • Country View Bhd's 2Q net profit rose 15.3% to RM21.1 mil despite lower revenue.
  • Higher-margin sales and land disposal boosted profits.
  • The company remains cautious on the Johor property market outlook.
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Mah Sing tops out fully-sold M Zenya, targets completion 13 months ahead of schedule

Mah Sing tops out fully-sold M Zenya, targets completion 13 months ahead of schedule

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Updated:
  • Mah Sing Group's M Zenya in Kepong has topped out, completing its structure ahead of schedule.
  • This fully-sold project highlights strong demand and Mah Sing's efficient development model.
  • The company plans further expansion and new launches across Malaysia.
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Sime Darby Property launches world's first green sukuk for data centre financing

Sime Darby Property launches world's first green sukuk for data centre financing

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Updated:
  • Sime Darby Property launched a RM2.6 billion Green Sukuk for hyperscale data centres.
  • This funds digital infrastructure and logistics, boosting recurring income.
  • It's the world's first Green Sukuk for energy-efficient data centres.
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Putrajaya monorail project not viable — Transport Ministry

Putrajaya monorail project not viable — Transport Ministry

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Updated:
  • The Putrajaya monorail project is not viable due to poor infrastructure.
  • Further studies are needed to assess the abandoned structure.
  • The Nadi Putra Bus service offers an alternative transport solution.
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Magma announces RM850m Wolo Mont Kiara project to help it return to profit

Magma announces RM850m Wolo Mont Kiara project to help it return to profit

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Updated:
  • Magma Group Bhd anticipates returning to profitability by 2026, driven by its Wolo Hotel & Residences project.
  • This RM850 million development in Mont'Kiara launches soon, with 60% of units already showing interest.
  • The project features serviced apartments, a hotel, and retail, aiming for strong sales and global reach.
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Aminuddin: No land acquisition for AI-powered Smart Port project in Port Dickson

Aminuddin: No land acquisition for AI-powered Smart Port project in Port Dickson

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Updated:
  • The Smart Port project in Port Dickson will use only Tanco Holdings' land.
  • No land acquisition or forest reserves will be affected.
  • This RM3.4 billion project aims to boost Port Dickson's economy.
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