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MRCB 2Q profit slips 4% as construction revenue falls; BJSP gain lifts PBT

MRCB 2Q profit slips 4% as construction revenue falls; BJSP gain lifts PBT

news

Updated:
  • MRCB's 2Q profit fell 3.8% due to lower construction revenue.
  • A large gain from an acquisition boosted pre-tax profit significantly.
  • The company has a strong property launch pipeline and increased order book.
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Sapura Industrial proposes RM42.33m sale of 10.12-acre Bangi industrial land

Sapura Industrial proposes RM42.33m sale of 10.12-acre Bangi industrial land

news

Updated:
  • Sapura Industrial Bhd plans to sell two industrial land parcels for RM42.33 mil cash.
  • This sale is expected to generate a pro forma gain of about RM29.14 mil.
  • The proceeds will fund expansion and working capital, not a separate JV financial assistance.
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Sunway MCL targets ‘a few’ Singapore land parcels a year as development pipeline grows

Sunway MCL targets ‘a few’ Singapore land parcels a year as development pipeline grows

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Updated:
  • Sunway MCL aims to acquire several land parcels annually in Singapore.
  • They seek opportunities across segments, focusing on location and value.
  • This expansion follows Sunway's acquisition of MCL Land last year.
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Penang’s healthcare economy runs wider than its medical tourism numbers

Penang’s healthcare economy runs wider than its medical tourism numbers

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Updated:
  • Malaysia's medical tourism revenue grew 23.2% to RM3.35 bil in 2025, with 1.85 million patient arrivals.
  • Penang led this growth, accounting for 45% of national revenue and treating over 527,000 foreign patients.
  • Medical tourism boosting demand for serviced apartments and longer-stay accommodation in Penang.
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Sharing is caring: How KongsiKL reshapes placemaking

Sharing is caring: How KongsiKL reshapes placemaking

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Updated:
  • KongsiKL transforms abandoned spaces into vibrant community hubs.
  • It emphasises sharing resources and fostering collective purpose.
  • This initiative promotes arts, river revitalisation, and community engagement.
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Ukay Heights bungalow enters market at RM3.35m

Ukay Heights bungalow enters market at RM3.35m

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Updated:
  • A two-story bungalow in Ukay Heights, Ampang, is for sale at RM3.35 mil.
  • It offers spacious living, a private pool, and five bedrooms.
  • The property is in a low-density area with easy access to KLCC and amenities.
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Should you buy or lease your headquarters?

Should you buy or lease your headquarters?

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Updated:
  • The article argues that buying a headquarters should align with a company's long-term business strategy.
  • It introduces the B.E.S.T.
  • Framework for making informed real estate decisions.
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Tengku Zafrul: Selangor, Johor lead investment as real estate records RM33.5b

Tengku Zafrul: Selangor, Johor lead investment as real estate records RM33.5b

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Updated:
  • Selangor and Johor led Malaysia's investments in 1H2026, totaling RM129.4 bil.
  • Services and manufacturing were key drivers, with digital investments boosting Selangor.
  • Overall, Malaysia saw RM218.5 bil in approved investments, expected to create 99,030 jobs.
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MRCB 2Q profit slips 4% as construction revenue falls; BJSP gain lifts PBT