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Sapura Industrial plans RM42.33 mil land sale to fund automotive expansion

Sapura Industrial plans RM42.33 mil land sale to fund automotive expansion

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Updated:
  • Sapura Industrial Bhd will sell two industrial land parcels for RM42.33 mil.
  • This disposal aims to reallocate funds to core operations and expansion.
  • Expects to recognise an estimated net pro forma gain of about RM29.14 mil.
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Lagenda’s 2Q net profit rises 25% to RM56.57m

Lagenda’s 2Q net profit rises 25% to RM56.57m

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Updated:
  • Lagenda Properties' 2QFY2026 net profit rose 25% to RM56.57 mil due to its property development business.
  • Revenue increased 40.8% to RM336.24 million, driven by higher recognition from key projects.
  • The company also declared a 3.5 sen interim dividend and has record unbilled sales.
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Public Service DG Wan Ahmad Dahlan appointed as MRT Corp chairman

Public Service DG Wan Ahmad Dahlan appointed as MRT Corp chairman

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Updated:
  • Tan Sri Dr Wan Ahmad Dahlan Abdul Aziz is the new MRT Corp chairman.
  • He brings vast experience in public administration and leadership.
  • His role is crucial for major infrastructure projects and urban development.
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Puncak Niaga to sell two plots of land for RM237m to pare debt, buyer plans mixed development

Puncak Niaga to sell two plots of land for RM237m to pare debt, buyer plans mixed development

news

Updated:
  • Puncak Niaga plans to sell two land plots for RM237.15 million.
  • Proceeds will repay bank loans and unlock asset value.
  • This avoids substantial capital outlay for development.
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Malaysian CIQ complex, RTS station in separate structures to retain access to Singapore’s Public Utilities Board pipelines

Malaysian CIQ complex, RTS station in separate structures to retain access to Singapore’s Public Utilities Board pipelines

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Updated:
  • Malaysia's CIQ and RTS Link station are separate because of Singapore's PUB pipelines.
  • This differs from Singapore's integrated complex design.
  • The ART project will integrate with the RTS Link for city connectivity.
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Govt to build RM60m bridge between Bukit Chagar RTS Station and KTMB Komuter — Loke

Govt to build RM60m bridge between Bukit Chagar RTS Station and KTMB Komuter — Loke

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Updated:
  • A new bridge will link Bukit Chagar RTS Station and KTMB Komuter.
  • This RM60 million project improves public transport integration.
  • It will ease passenger access and encourage RTS Link use.
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Do not arbitrarily use term ‘customary land’ — Al-Sultan Abdullah

Do not arbitrarily use term ‘customary land’ — Al-Sultan Abdullah

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Updated:
  • The Sultan of Pahang stated "customary land" should not be used arbitrarily.
  • He clarified that Act 134 defines "Orang Asli Area" and "Orang Asli Reserve."
  • The Sultan said the state government had never intended to deny the rights of the Orang Asli.
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The Federal Kuala Lumpur reopens following refurbishment

The Federal Kuala Lumpur reopens following refurbishment

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Updated:
  • The Federal Kuala Lumpur reopened after renovations.
  • It now boasts 150 refurbished rooms and updated spaces.
  • The hotel offers a 'Rediscover Federal Package' for Malaysian residents.
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AmFIRST REIT 1Q profit before tax doubles to RM6.64m as occupancy improves

AmFIRST REIT 1Q profit before tax doubles to RM6.64m as occupancy improves

news

Updated:
  • AmFIRST REIT's Q1FY2027 profit before tax more than doubled to RM6.64 million.
  • This was driven by improved operations and a swing in unrealised valuation movements.
  • Portfolio occupancy reached 88.3%, the highest level since FY2014.
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