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Citaglobal extends deadline for Zeqna, Koridor Mentari stake acquisitions

Citaglobal extends deadline for Zeqna, Koridor Mentari stake acquisitions

news

Updated:
  • Citaglobal extended its acquisition deadline for 70% stakes in Zeqna and Koridor Mentari by one month.
  • The deadline has been extended from July 11 to Aug 10, 2026.
  • The proposed acquisitions were first announced on Aug 11, 2025 and involve Citaglobal Renewable Energy.
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Eco Ardence, Missi Care ink MoU for 24-hour Care Hub at new low-rise villas

Eco Ardence, Missi Care ink MoU for 24-hour Care Hub at new low-rise villas

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Updated:
  • Eco Ardence and Missi Care will open a 24-hour Care Hub at Eco Ardence's new villas.
  • The hub offers 24/7 caregiver support, health advice, and emergency response services.
  • This initiative aims to provide comprehensive care for multi-generational families within the community.
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Johor leads Apac data centre boom as Malaysia tops construction — C&W

Johor leads Apac data centre boom as Malaysia tops construction — C&W

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Updated:
  • Johor leads Asia Pacific in data centre capacity, with significant operational and future growth.
  • Malaysia dominates Southeast Asia in data centre construction, driven by Johor's expansion.
  • New regulations in Johor aim for sustainable growth amid increasing power and resource demands.
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Magna Prima posts RM1.82m 2Q loss despite higher revenue

Magna Prima posts RM1.82m 2Q loss despite higher revenue

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Updated:
  • Magna Prima Bhd reported a net loss of RM1.82 mil in 2QFY2026, despite revenue growth.
  • A significant tax expense of RM3.30 mil exceeded its pre-tax profit.
  • First-half results showed a profit, driven by property development activities.
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IGB 2Q profit nearly doubles as development, property investments lift earnings

IGB 2Q profit nearly doubles as development, property investments lift earnings

news

Updated:
  • IGB's Q2FY2026 profit nearly doubled to RM146.66 mil, driven by retail and commercial property investments.
  • Revenue increased by 16.1% to RM525.20 mil, with property development revenue jumping 171%.
  • The company remains optimistic about its retail and commercial segments, despite rising cost pressures.
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Paramount 2Q profit rises 33% on stronger property segment

Paramount 2Q profit rises 33% on stronger property segment

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Updated:
  • Paramount Corp Bhd's 2Q profit rose 33% to RM29.02 mil, driven by its property segment.
  • Revenue increased 20% to RM276.97 mil; a three sen dividend was declared.
  • The company plans RM1.6 bil in new project launches for the second half of 2026.
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Sunsuria 3Q net profit more than doubles to RM19m, aided by KLCG gains

Sunsuria 3Q net profit more than doubles to RM19m, aided by KLCG gains

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Updated:
  • Sunsuria Bhd's 3QFY2026 profit more than doubled to RM19.02 mil, aided by KLCG subsidiary gains.
  • Quarterly revenue slightly decreased, but PBT rose due to these gains.
  • The company is expanding its development pipeline with new projects like RIA Sunsuria.
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MUI Properties slips into 4Q loss on impairments; FY2026 profit jumps

MUI Properties slips into 4Q loss on impairments; FY2026 profit jumps

news

Updated:
  • MUI Properties Bhd reported a net loss of RM25.07 mil in 4QFY2026.
  • This was due to impairment losses, fair value losses, and lower revenue.
  • Full-year profit, however, surged to RM83.42 mil, driven by significant land sales.
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UOA Development 2Q profit rises 4.2% as revenue jumps 70%

UOA Development 2Q profit rises 4.2% as revenue jumps 70%

news

Updated:
  • UOA Development Bhd's 2Q net profit rose 4.2% to RM95.59 mil due to strong revenue growth.
  • Revenue surged 69.9% to RM221.20 mil from progressive property recognition.
  • However, first-half net profit declined 17% to RM137.53 mil despite increased revenue.
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Bites
Citaglobal extends deadline for Zeqna, Koridor Mentari stake acquisitions