Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Mulpha returns to the black in 1Q on higher Australian property sales

Mulpha returns to the black in 1Q on higher Australian property sales

news

Updated:
  • Mulpha International Bhd returned to profit in 1QFY2026, posting RM9.41 mil net profit.
  • Revenue increased by 37% to RM289.57 mil, driven by strong property sales in Australia.
  • The company anticipates challenges in the residential market but expects hospitality to remain robust.
Read More
Whitmore continues buying MKH, MKH Oil Palm shares below offer prices

Whitmore continues buying MKH, MKH Oil Palm shares below offer prices

news

Updated:
  • Batu Kawan's unit, Whitmore, bought more MKH and MKHOP shares below offer prices.
  • Whitmore is making mandatory takeover offers for both companies.
  • Advisers gave mixed recommendations on the offers to shareholders.
Read More
MACC says no Johor state officials or agencies linked to RM1.6m housing-lot probe

MACC says no Johor state officials or agencies linked to RM1.6m housing-lot probe

news

Updated:
  • MACC clarifies no Johor officials are linked to a Felda Tenggaroh 2 housing probe.
  • A committee chairman was detained for allegedly soliciting RM1.6 mil.
  • MACC urges no speculation and promises a transparent investigation.
Read More
Scientex 4Q net profit rises 29.5% on stronger property, packaging contributions

Scientex 4Q net profit rises 29.5% on stronger property, packaging contributions

news

Updated:
  • Scientex Bhd's 4Q net profit rose 29.5% to RM199.92 mil, driven by property and packaging.
  • Revenue increased 17.7% to RM1.40 bil for the quarter.
  • Full-year net profit grew 16.8% to RM620.17 mil, with a 6 sen dividend.
Read More
Hektar REIT appoints Jamil Bidin as chairman

Hektar REIT appoints Jamil Bidin as chairman

news

Updated:
  • Datuk Seri Jamil Bidin is the new chairman of Hektar REIT.
  • He brings extensive experience from various leadership roles.
  • Jamil's appointment fills a vacancy since 2023.
Read More
AZRB redesignates Wan Zakariah as chairman

AZRB redesignates Wan Zakariah as chairman

news

Updated:
  • Ahmad Zaki Resources Bhd (AZRB) named Datuk Seri Wan Zakariah Wan Muda as its new chairman.
  • He owns a 0.8% stake in the company.
  • This follows the resignation of Tan Sri Dr Madinah Mohamad.
Read More
Crescendo receives balance payment for RM263m Johor data centre land sale

Crescendo receives balance payment for RM263m Johor data centre land sale

news

Updated:
  • Crescendo Corp Bhd received the balance payment for a RM263.21 mil land sale.
  • The payment, including late-payment interest, was made by MSFusion Sdn Bhd.
  • This resolves a prior default on the sale of land intended for a data centre.
Read More
Centurion's RM214.5m Pasir Gudang buy to be its largest in Malaysia

Centurion's RM214.5m Pasir Gudang buy to be its largest in Malaysia

news

Updated:
  • Centurion Corp will acquire a 7,974-bed worker accommodation in Pasir Gudang, Johor for RM214.5 mil.
  • This deal will make it Centurion's largest worker accommodation asset in Malaysia.
  • The acquisition boosts Centurion's Malaysian bed capacity by 22% to 43,980 beds.
Read More
TRC Synergy unit secures RM149.98m data centre subcontract

TRC Synergy unit secures RM149.98m data centre subcontract

news

Updated:
  • TRC Construction secured a RM149.98 mil subcontract from Gamuda Engineering.
  • This is for underground services at a hyperscale data centre.
  • The project runs from Aug 14 to Nov 25, boosting TRC Synergy's earnings.
Read More
Whitmore buys more MKH, MKHOP shares after adviser urges rejection of palm-oil offer

Whitmore buys more MKH, MKHOP shares after adviser urges rejection of palm-oil offer

news

Updated:
  • Whitmore Holdings acquired more shares in MKH and MKHOP.
  • This occurred after an adviser recommended that shareholders reject Whitmore's offer.
  • The adviser deemed the offer "not fair and not reasonable" for MKHOP.
Read More
Bites
Mulpha returns to the black in 1Q on higher Australian property sales