Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
Encorp’s 2Q net loss widens to RM2.35m despite higher revenue

Encorp’s 2Q net loss widens to RM2.35m despite higher revenue

news

Updated:
  • Encorp Bhd's net loss widened to RM2.35 mil in 2QFY2026, despite an 8.1% revenue increase.
  • Property development and construction segments drove higher revenue.
  • The Tilia project's completion significantly boosted sequential revenue.
Read More
Four agencies to market AI Living @ i-City

Four agencies to market AI Living @ i-City

news

Updated:
  • i-City Properties is partnering with four agencies for its AI Living @ i-City project.
  • This collaboration explores AI's role in the entire property ownership journey.
  • The official launch is set for October, with sales agreements in 2Q2027.
Read More
7-Eleven Malaysia completes RM19m Seri Kembangan land acquisition

7-Eleven Malaysia completes RM19m Seri Kembangan land acquisition

news

Updated:
  • 7-Eleven Malaysia acquired land in Seri Kembangan for RM19 mil.
  • This land will become a food commissary for the company.
  • The new facility aims to boost fresh food supply and product quality.
Read More
YTL Corp’s property revenue rises 43% in 4Q

YTL Corp’s property revenue rises 43% in 4Q

news

Updated:
  • YTL Corp's property revenue rose 43% in 4QFY2026, but recorded a pre-tax loss.
  • Group net profit fell 47.1% despite a 15.3% revenue increase.
  • Strong cement and data centre growth offset declines in other segments.
Read More
Teladan’s 2Q net profit rises 42% on higher development billings

Teladan’s 2Q net profit rises 42% on higher development billings

news

Updated:
  • Teladan Group Bhd's 2QFY2026 net profit rose 42.4% to RM9.31 mil due to higher progressive billings.
  • Revenue increased 31% to RM88 mil from ongoing property developments.
  • First-half net profit also grew by 50%, reaching RM19.48 mil.
Read More
Magma’s 2Q net loss widens to RM8.6m on lower hotel revenue, higher costs

Magma’s 2Q net loss widens to RM8.6m on lower hotel revenue, higher costs

news

Updated:
  • Magma Group Bhd's net loss widened in 2QFY2026 to RM8.57 mil.
  • This was due to lower hotel revenue and increased operating and financing costs.
  • The company plans to improve hotel operations and diversify income sources.
Read More
NCT Alliance posts RM20.5m 2Q profit, explores data centre development at NSIP

NCT Alliance posts RM20.5m 2Q profit, explores data centre development at NSIP

news

Updated:
  • NCT Alliance Bhd reported RM20.50 mil net profit in 2QFY2026, down 16.7% year-on-year.
  • Revenue fell 56.9% to RM87.05 mil due to lower NSIP Phase 1 recognition.
  • The company is exploring data centre development opportunities at NSIP.
Read More
LBS Bina’s 2Q profit falls 44% despite higher revenue

LBS Bina’s 2Q profit falls 44% despite higher revenue

news

Updated:
  • LBS Bina Group Bhd's 2Q net profit fell 44.4% to RM15.05 mil despite higher revenue.
  • This decline was due to a high base in the prior year from a contingency sum reversal.
  • The company declared an interim dividend of 0.85 sen per share.
Read More
Crest Builder’s 2Q revenue jumps 84% on construction progress

Crest Builder’s 2Q revenue jumps 84% on construction progress

news

Updated:
  • Crest Builder's 2QFY2026 revenue surged 84% to RM259.19 mil due to construction progress.
  • Profit attributable to shareholders rose 8% to RM2.84 million.
  • The company maintains a RM1.9 bil order book and expects continued growth.
Read More
Bites