The study on implementing a congestion charge in the city centre is expected to be completed by the end of this year and will be submitted to the Cabinet Committee on Road Safety and Traffic Congestion, said Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa.
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.
Citaglobal Bhd’s (KL:CITAGLB) net profit jumped five times to RM6.73 million in its fourth quarter ended Dec 31, 2024 (4QFY2024) from RM1.22 million, driven by strong contributions from the civil engineering & construction (CEC), property and manufacturing segments.
The Light Rail Transit 3 (LRT3), which connects Bandar Utama, Petaling Jaya to Johan Setia, Klang, is scheduled to begin operations on September 30 this year, said Transport Minister Anthony Loke.
Axis Real Estate Investment Trust (KL:AXREIT) is selling a warehouse property in Petaling Jaya, called The Annex, for RM24.2 million.
Chin Hin Group Property Bhd (KL:CHGP) is planning a bonus share issue, its first in nearly two decades, despite a sharp drop in net profit in the final quarter of 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.
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