News by M

YTL Corp Bhd (KL:YTL) on Thursday posted a 15.5% year-on-year drop in quarterly net profit, dragged by YTL Power International Bhd's (KL:YTLPOWR) weaker results, offset by a strong showing from Malayan Cement Bhd (KL:MCEMENT).

In a landmark decision, the Court of Appeal (COA) last month ruled that a private lease scheme involving the Special Economic Zone (SEZ)—as sanctioned by the local authority at Iskandar Malaysia in Johor—is valid.

Cahya Mata Sarawak Bhd’s (KL:CMSB) net profit fell 33.8% to RM25.34 million in its first quarter ended March 31, 2025 (1QFY2025) compared to RM38.25 million a year ago, dragged by unfavourable foreign exchange (forex), and lower contribution from associates and joint ventures.

The 21st MBAM Annual Safety and Health Conference 2025 was launched on Thursday morning by Department of Occupational Safety and Health (DOSH) director general Mohd Hatta Zakaria at Sunway Resort Hotel.

The Asean Summit will be a platform to integrate regional economies and promote trade through potential agreements, with an estimated RM300 billion in foreign direct investment (FDI) in the next five years, according to Juwai IQI.

Eco World Development Group Bhd (EcoWorld) unveiled its first 19 tenants at Majestic Labs, a new community and retail hub at its flagship township, Eco Majestic.

Advancecon Holdings Bhd’s wholly owned subsidiary, Advancecon Infra Sdn Bhd, has secured a RM47.5 million subcontract from Mujur Minat Sdn Bhd for the construction and completion of the proposed Gerbil Data Centre in Bandar Springhill, Port Dickson.

Central Global Bhd’s wholly-owned sub-subsidiary, Central Global Development Sdn Bhd, is acquiring three freehold residential properties in Selangor from Chew Hian Tat for a total cash consideration of RM3.67 million.

The state government is considering a new design change for the Penang Third Link project from an undersea tunnel to a bridge across the Penang Strait.

Looking to make your next big move? PropNex Malaysia has a fresh batch of standout listings across the Klang Valley ranging from luxury penthouses in the heart of the city to spacious family homes in peaceful suburban enclaves.