Sime Darby Property Bhd’s (KL:SIMEPROP) net profit for the third quarter ended Sept 30, 2025 (3QFY2025) rose 31.2% year-on-year (y-o-y) to RM168.23 million from RM128.26 million, boosted by stronger sales and cost efficiency in its property development business.
Haily Group Bhd (KL:HAILY) has secured two construction contracts worth a combined RM80.3 million for residential projects in Taman Bestari Perdana, Plentong, Johor Bahru.
Ibraco Bhd (KL:IBRACO) is disposing of approximately 4.2 acres of vacant land in Kuching, Sarawak for RM35.4 million, in a move aimed at unlocking the land’s value and supporting the expansion of private healthcare services in Sarawak.
Nestcon Bhd (KL:NESTCON) has secured a RM355 million contract to construct two 57-storey serviced apartment blocks in northern Kuala Lumpur.
Three agreements that together form the Klang Valley’s first integrated reclaimed-water supply chain for data centre operations were formalised on Thursday, in a ceremony witnessed by the Ministry of Energy Transition and Water Transformation (Petra).
GuocoLand (Malaysia) Bhd (KL:GUOCO), the property arm of Hong Leong Group, said its first quarter net profit more than doubled to RM6.1 million from RM2.91 million a year earlier on stronger contributions from its property and hotel divisions.
Industrial packaging firm L&P Global Bhd (KL:L&PBHD) is disposing of a leasehold industrial property in Kulim, Kedah, for RM13.88 million cash, to unlock the value of the underutilised property and redeploy capital.
Pharmaniaga Bhd (KL:PHARMA) is acquiring two industrial buildings in Terengganu and Sarawak for a total of RM30.5 million.
The sukuk wakalah will have a perpetual tenure, unless cancelled, while the ICP programme will have a seven-year tenure.
The dividend's entitlement date has been set for Nov 12, with payment to be made on Nov 25.
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