Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
S P Setia, Maybank roll out Raya campaign with MyDeco financing offering

S P Setia, Maybank roll out Raya campaign with MyDeco financing offering

news

Updated:
  • S P Setia Bhd launched a Hari Raya Aidilfitri campaign with purchase incentives and referral rewards!
  • The campaign runs from March 16 to April 30, enhancing homeownership and community connections.
  • Key features include a RM4,000 reward for buyers and a referral fee of RM3,000 for successful introductions.
Read More
LSH Capital accepts RAC offer for 17.4-acre Selangor land development

LSH Capital accepts RAC offer for 17.4-acre Selangor land development

news

Updated:
  • Lim Seong Hai Capital Bhd has accepted an offer for two land parcels in Selangor totaling 17.4 acres.
  • Despite a 13.8% drop in net profit, the company continues to expand its development pipeline.
  • Strong construction order book and property pipeline are expected to ensure earnings visibility through 2029.
Read More
Matrix Concepts’ FY2026 revenue rises 18%, profit before tax up 8%

Matrix Concepts’ FY2026 revenue rises 18%, profit before tax up 8%

news

Updated:
  • Matrix Concepts Holdings Bhd reported a 3.9% rise in net profit to RM223.26 mil for FY2026.
  • Revenue increased 18.2% to RM1.36 bil, driven by property development and other segments.
  • The group declared a total dividend of 6.1 sen per share, down from 7.95 sen in FY2025.
Read More
UOA Group co-founder CS Kong passes away

UOA Group co-founder CS Kong passes away

news

Updated:
  • UOA Group co-founder CS Kong has passed away at 85 on May 27, 2026.
  • Kong Pak Lim will temporarily take over as managing director until a new appointment.
  • He significantly contributed to UOA Development's growth and success over his 42-year career.
Read More
Penang gazettes 15 heritage sites this year

Penang gazettes 15 heritage sites this year

news

Updated:
  • Penang has gazetted 50 cultural heritage items this year to preserve its cultural treasures.
  • This includes 15 heritage sites, 7 intangible elements, and 28 local food items.
  • The state aims to elevate its heritage for potential UNESCO recognition by 2026!
Read More
Train derails near Chan Sow Lin station; Rapid KL activates alternative plan

Train derails near Chan Sow Lin station; Rapid KL activates alternative plan

news

Updated:
  • An LRT train derailed on the Ampang/Sri Petaling Line near Chan Sow Lin station due to a faulty track switch.
  • Rapid KL has implemented free shuttle services and alternative train routes to assist affected commuters.
  • All 25 passengers were safely evacuated, and no injuries were reported during the incident.
Read More
US seizes luxury apartment bought with 1MDB funds for Jho Low’s aide

US seizes luxury apartment bought with 1MDB funds for Jho Low’s aide

news

Updated:
  • US authorities have secured a court order to seize a luxury NYC apartment linked to 1MDB funds.
  • The case aimed to recover over US$6 mil in assets misappropriated from the Malaysian fund.
  • Former PM Najib Razak was sentenced to 12 years for his role in the scandal, now reduced to six years.
Read More
JAKS’ Vietnam JV lifts 1Q profit as construction, property investment showed mixed operational trends

JAKS’ Vietnam JV lifts 1Q profit as construction, property investment showed mixed operational trends

news

Updated:
  • JAKS Resources reported higher contributions from its Vietnam power JV, offsetting weaker property results.
  • The construction division showed a smaller loss, while the power-energy segment turned profitable.
  • JAKS aims to grow through its power division and renewable energy projects, while enhancing property yields.
Read More
LBS Bina posts RM37.7 mil 1Q PBT, rides on Klang Valley projects and stronger construction earnings

LBS Bina posts RM37.7 mil 1Q PBT, rides on Klang Valley projects and stronger construction earnings

news

Updated:
  • LBS Bina Group Bhd reported a steady first quarter for FY2026, with RM296.5 mil in revenue.
  • Property drove earnings, contributing 85% of revenue, while construction and trading showed improvement.
  • The group remains cautiously optimistic, with strong sales momentum and a substantial landbank.
Read More
Bites
S P Setia, Maybank roll out Raya campaign with MyDeco financing offering