Recent deals between Quantum Alpha Sdn Bhd (QASB) a subsidiary of Eco World Development Group Bhd (EcoWorld) and Google affiliate, Pearl Computing Malaysia Sdn Bhd (Pearl Computing) will form part of EcoWorld’s recurring income strategy.
Avaland Bhd achieved its highest-ever net profit of RM98.9 million in financial year ended Dec 31, 2024 (FY2024), which was a 50% surge from the RM66.1 million recorded in 2023.
IOI Properties Group Bhd registered a revenue of RM1.42 billion for the first half of financial year 2025 (6M FY2025), which ended on Dec 31, 2024.
REHDA Malaysia is “heartened” by the positive growth as revealed by the National Property Information Centre (NAPIC) in its Property Market Report 2024.
Noteworthy:
When: January 2025
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Sime Darby Property Bhd delivered its strongest financial and operational performance to date, marking its third consecutive year of record revenue, profitability and sales performance.
EXAL Group has partnered with Solarvest Holdings Bhd to bring clean energy infrastructures to EXAL’s architectural developments in Sarawak.
Homebuyers searching for properties in the Federal Territory of Kuala Lumpur (KL FT) can look forward to a robust supply of affordable high-rises between 2025 and 2028, especially in the northern regions of the city.
Noteworthy:
When: November 2024
The Urban Renewal Bill (URB) is now open for public feedback until March 7.
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