News by EdgeProp

How has the electric vehicle (EV) advancement transformed Malaysia’s industrial journey? What will shape Malaysia’s next industrial cycle? Zafrul gives his take on EVs, foreign direct investments (FDIs), and the country’s competitive edge in an exclusive with EdgeProp.

The national 5G rollout shifts to prioritise highways and industrial corridors, ensuring seamless connectivity, and enabling AI-powered automation across key sectors, including agriculture.

IOI Properties Group Bhd (IOI Properties) reported a sharp increase in earnings for the six months ended Dec 31, 2025 (6M FY2026), with profit before tax (PBT) rising more than fivefold to RM1.60 billion, from RM284.5 million a year earlier.

The Ministry of Housing and Local Government (KPKT) has responded to concerns over water overflow incidents in Taman Tun Dr Ismail (TTDI) following a video circulated on Instagram on Feb 24.

UEM Sunrise Bhd recorded a 27% year-on-year increase in revenue to RM1.7 billion for the financial year ended Dec 31, 2025 (FY2025), from RM1.3 billion previously, supported primarily by property development revenue of RM1.2 billion.

Berjaya Property Bhd, formerly Berjaya Land Bhd, is repositioning itself towards the ultra-luxury segment, underpinned by confirmed take-up rates at its premium domestic projects and a US$1.12 billion (RM4.35 billion) hospitality development in Japan.

Heng Guan Development has secured five anchor tenants for its upcoming Aera Business Centre in Sungai Petani North, strengthening the commercial foundation of its flagship Aera Township.

Ideal Property Group’s infrastructure development at the 880-acre Penang Technology Park @ Bertam has reached a milestone, with Phase 1 completed and Phase 2 currently 85% finished.

Malaysia’s data-centre sector is entering a new phase of rapid expansion, supported by strong hyperscaler demand, regional spillover effects from Singapore and sustained policy momentum.

Eastern & Oriental Bhd (E&O) reported a 105.6% year-on-year increase in net profit attributable to owners of the parent to RM63.51 million for the third quarter ended Dec 31, 2025 (3QFY2026), compared with RM30.90 million a year earlier.