Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
E&O 1Q net profit rises 28% as property revenue surges

E&O 1Q net profit rises 28% as property revenue surges

news

Updated:
  • E&O's 1QFY2027 net profit rose 27.9% to RM58.11 mil due to property development.
  • Revenue increased 53.4% to RM281.47 mil, driven by strong property sales.
  • The company is cautiously optimistic, with new projects and hospital plans underway.
Read More
Hektar REIT seeks unitholders’ nod for RM125m KYS KL East school leasehold acquisition

Hektar REIT seeks unitholders’ nod for RM125m KYS KL East school leasehold acquisition

news

Updated:
  • Hektar REIT seeks approval to acquire KYS College's leasehold interest for RM125 mil.
  • The deal includes existing school buildings and a new one to be constructed.
  • This acquisition is expected to impact earnings and distributions initially, but improve long-term.
Read More
Mycron seeks shareholders’ nod for RM30m Shah Alam factory purchase from parent

Mycron seeks shareholders’ nod for RM30m Shah Alam factory purchase from parent

news

Updated:
  • Mycron Steel Bhd seeks approval to acquire a Shah Alam property from its major shareholder.
  • RM30 mil purchase is for a 5.33-acre leasehold industrial property currently rented by Mycron's subsidiary.
  • This acquisition aims to provide long-term operational certainty and cost savings for Mycron.
Read More
AZRB hit with fresh winding-up petition over RM408,000 debt

AZRB hit with fresh winding-up petition over RM408,000 debt

news

Updated:
  • Ahmad Zaki Resources Bhd faces a new winding-up petition for RM407,753 in unpaid bills.
  • This adds to several recent petitions against the company for outstanding payments.
  • Despite this, the company expects no significant financial impact and is negotiating a resolution.
Read More
Architects of the future: building Malaysia’s next generation of semiconductor talent

Architects of the future: building Malaysia’s next generation of semiconductor talent

news

Updated:
  • Malaysia's 1Q2026 investments were strong, with RM92.8 bil approved and 50,000 new jobs.
  • The focus is shifting from investment figures to high-skilled talent development.
  • This includes engineers and IC designers, crucial for future industry growth.
Read More
Do auction buyers inherit sellers’ strata arrears?

Do auction buyers inherit sellers’ strata arrears?

news

Updated:
  • Auction purchasers are not liable for prior owners' unpaid maintenance fees in specific judicial sales.
  • This applies when the sale is court-supervised, not a voluntary transfer.
  • Buyers must still perform due diligence for all auction types.
Read More
Spotting locations for expansion: MyNews combines market survey with data analytics

Spotting locations for expansion: MyNews combines market survey with data analytics

news

Updated:
  • MyNews, Malaysia's largest homegrown convenience store chain, uses a hybrid approach for expansion.
  • They combine data analytics with on-the-ground assessments to select new store locations.
  • This strategy helps them adapt to changing consumer habits and urban development patterns.
Read More
Growing price, performance gap prompt existential dilemma for ageing office buildings

Growing price, performance gap prompt existential dilemma for ageing office buildings

news

Updated:
  • Kuala Lumpur's office market faces a growing divide between modern, sustainable towers and ageing blocks.
  • Newer buildings offer better amenities, technology, and employee experience, attracting tenants.
  • Older offices struggle with demand, occupancy, and asset values.
Read More
Exsim Hospitality's full year profit doubles as hospitality management, fit-out revenues jump

Exsim Hospitality's full year profit doubles as hospitality management, fit-out revenues jump

news

Updated:
  • Exsim Hospitality Bhd's net profit more than doubled in FY2026 to RM40.75 mil.
  • This growth was driven by its expanding fit-out and hospitality management businesses.
  • The company secured new contracts, boosting its order book to RM495.09 mil.
Read More
Vestland’s 2Q net profit rises 12% on higher design-and-build revenue

Vestland’s 2Q net profit rises 12% on higher design-and-build revenue

news

Updated:
  • Vestland Bhd's 2QFY2026 net profit rose 11.8% to RM11.95 mil, driven by design-and-build revenue.
  • Revenue increased 17.4% to RM250.24 mil, with design-and-build accounting for 79.8%.
  • The company maintains a strong RM1.3 bil order book, ensuring future earnings visibility.
Read More
Bites
E&O 1Q net profit rises 28% as property revenue surges