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S P Setia posts RM98m 2Q profit, secures RM864m sales

S P Setia posts RM98m 2Q profit, secures RM864m sales

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Updated:
  • S P Setia Bhd reported stable 2Q net profit despite lower revenue.
  • The company secured RM864 mil in sales for the quarter.
  • They also reduced borrowings and maintained disciplined cost management.
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Sime Darby Property signs SPA to buy Wisma Unirazak for RM160m

Sime Darby Property signs SPA to buy Wisma Unirazak for RM160m

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Updated:
  • Sime Darby Property will acquire Wisma Unirazak for RM160 mil.
  • They plan to redevelop the site into high-rise serviced apartments.
  • The project has an estimated GDV of RM900 mil.
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CHGP, UCSI partner to develop education hub in Melaka waterfront township

CHGP, UCSI partner to develop education hub in Melaka waterfront township

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Updated:
  • CHGP and UCSI Group are partnering to build an education hub in Melaka.
  • CHGP holds a 30% stake in this joint venture.
  • The school will form the education anchor of CHGP's wider waterfront development.
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Eco Grandeur, UiTM launch community living lab in Puncak Alam

Eco Grandeur, UiTM launch community living lab in Puncak Alam

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Updated:
  • Eco Grandeur and UiTM Selangor signed an LOI for an urban community living lab.
  • This lab in Puncak Alam will offer health, education, and entrepreneurship programmes.
  • Eco Grandeur will provide the space and cover operational expenses for three years.
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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

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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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Bites
S P Setia posts RM98m 2Q profit, secures RM864m sales