Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
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
Alpha Galaxy inks MoU with Billion Group for proposed B-Grocer at Galaxy Exchange

Alpha Galaxy inks MoU with Billion Group for proposed B-Grocer at Galaxy Exchange

news

Updated:
  • Alpha Galaxy Group and Billion Group signed an MoU for a B-Grocer supermarket.
  • It will be at Galaxy Exchange, a 166-acre mixed-use development.
  • The supermarket aims to serve nearby communities with fresh produce.
Read More
Pesona Metro’s 2Q net profit rises 47% on stronger property development

Pesona Metro’s 2Q net profit rises 47% on stronger property development

news

Updated:
  • Pesona Metro's 2Q net profit rose 46.7% to RM13.67 mil.
  • Revenue increased 46.2% due to strong property development contributions.
  • The company expects satisfactory performance for FY2026.
Read More
Frasers Property, Tan & Tan plan PJ Quarter mixed-use project in Section 13

Frasers Property, Tan & Tan plan PJ Quarter mixed-use project in Section 13

news

Updated:
  • Frasers Property and Tan & Tan will co-develop PJ Quarter, a mixed-use project.
  • Tan & Tan is acquiring F&N's 50% stake in Vacaron, which owns the site.
  • The first phase includes homes, retail, and a park, launching in 2027.
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
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
Bites
Teladan’s 2Q net profit rises 42% on higher development billings