Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Maxim Global’s 2Q net profit halves to RM4m

Maxim Global’s 2Q net profit halves to RM4m

news

Updated:
  • Maxim Global's 2QFY2026 net profit fell 50.4% to RM4 mil due to project completion.
  • Revenue rose 2.2% to RM98.8 mil from new projects and construction revenue.
  • Ongoing developments and new launches are expected to boost future performance.
Read More
NCT, RHB and SJPP hold SME financing seminar series

NCT, RHB and SJPP hold SME financing seminar series

news

Updated:
  • NCT Group, RHB Bank, and SJPP held seminars for SMEs.
  • They covered financing, government schemes, and business growth.
  • The events showcased NCT's industrial park developments.
Read More
Mah Sing to sell Southville City land for RM617.9m, expands digital push

Mah Sing to sell Southville City land for RM617.9m, expands digital push

news

Updated:
  • Mah Sing Group Bhd has agreed to sell 78.8 acres of land for RM617.9 mil to WG Malaysia X Sdn Bhd.
  • This sale supports Mah Sing's new digital infrastructure strategy and capital recycling efforts.
  • Mah Sing DC Hub @ Southville City is within the group's 428-acre freehold Southville City township.
Read More
Bintai Kinden gets PLUS award to develop 103-acre Ayer Keroh land with RM296.5m GDV

Bintai Kinden gets PLUS award to develop 103-acre Ayer Keroh land with RM296.5m GDV

news

Updated:
  • Bintai Kinden received a RM296.54 mil development award from PLUS Malaysia.
  • Its subsidiary will develop 103 acres in Melaka for residential and commercial use.
  • This project should boost earnings from financial year 2029 onward.
Read More
PropNex showcases more properties for August open house on Aug 22 and 23

PropNex showcases more properties for August open house on Aug 22 and 23

news

Updated:
  • PropNex Malaysia is hosting an open house this weekend.
  • They will showcase 35 properties in Selangor, Kuala Lumpur and Penang.
  • Featured properties include condos, bungalows, and terrace homes.
Read More
YTL Power to develop new gigawatt data centre campus in Johor

YTL Power to develop new gigawatt data centre campus in Johor

news

Updated:
  • YTL Power plans a new gigawatt data centre in Johor with JLand Group.
  • The campus will be in Sedenak Tech Park West on 145 acres, with expansion options.
  • This adds to YTL's existing Kulai data centre and AI infrastructure.
Read More
SC approves IOI Properties REIT manager’s fund-management application

SC approves IOI Properties REIT manager’s fund-management application

news

Updated:
  • IOI Properties Group Bhd received conditional SC approval for its REIT manager's fund-management.
  • This is a key step for the proposed IOIPG REIT establishment and listing.
  • The REIT will acquire nine properties for RM7.58 bil.
Read More
UEM Sunrise’s 2Q net profit more than doubles to RM46.85m

UEM Sunrise’s 2Q net profit more than doubles to RM46.85m

news

Updated:
  • UEM Sunrise Bhd's 2Q net profit more than doubled to RM46.85 mil.
  • Revenue rose 37% due to strong property development contributions.
  • Sales exceeded the full-year target by 13%.
Read More
S P Setia posts RM98m 2Q profit, secures RM864m sales

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

news

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.
Read More
Sime Darby Property signs SPA to buy Wisma Unirazak for RM160m

Sime Darby Property signs SPA to buy Wisma Unirazak for RM160m

news

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.
Read More
Bites
Maxim Global’s 2Q net profit halves to RM4m