IJM Corp revenue inches up in 2Q; declares dividend
IJM Corp Bhd posted higher revenue for its second quarter, although net profit slipped due to softer contributions from its property development and port operations.
Nadma attributes flooding in low-risk areas to anomaly in rainfall
The National Disaster Management Agency (Nadma) attributed the recent flooding to a severe rainfall anomaly, noting that the unprecedented volume of water overwhelmed areas previously considered as low-risk.
Chin Hin Group 9MFY25 PBT rises 19% to RM199.7 mil on 32% revenue growth
The group recorded revenue of RM2.98 billion, representing a 31.9% increase from RM2.26 billion in the prior corresponding period. Gross profit rose 60.8% to RM555.9 million, with margins improving to 18.6% (9MFY24: 15.3%). Profit before tax (PBT) increased 19.4% to RM199.7 million.
KSL Holdings posts flat 3Q earnings as costs rise; sales exceed RM1b
Johor-based property developer KSL Holdings Bhd (KL:KSL) reported a flat third-quarter net profit as higher cost of sales, administrative expenses and finance costs offset revenue growth.
MUI Properties to buy RM605m Ijok land to rebuild development pipeline
MUI Properties Bhd (KL:MUIPROP) is acquiring eight parcels of freehold land in Ijok, Selangor, for RM605 million to rebuild its development pipeline following its recent land sale in Negeri Sembilan.
E&O unveils first clubhouse and commercial precinct in City of Elmina
Eastern & Oriental Bhd (E&O) has expanded its presence in the Klang Valley with the launch of its first clubhouse and a new commercial precinct within the City of Elmina in Shah Alam, Selangor.
Strategic clusters key to Malaysia’s industrial growth—LaBrooy
Malaysia’s industrial growth hinges on strategic clusters, as electric vehicle (EV) makers and electronics firms drive demand for green-rated, well-connected sites in emerging regions.
Semiconductor boom fuelled by local talent—Sidec
Malaysia is experiencing a major talent boom in the semiconductor sector, with recruitment drives attracting more than 5,000 students across the country.
FIABCI urges clarity as it supports Malaysia's Urban Renewal Bill
FIABCI-Malaysia has pledged full support for the federal government’s Urban Renewal Bill 2025 while urging the authorities to provide clear regulations, implementation guidelines and approved timelines to ensure effective execution.
Industrial sector outlook remains stable amid evolving global dynamics, says Rehda past president
The outlook for Malaysia’s industrial sector next year remains stable, supported by a steady pipeline of enquiries, though a slower momentum is expected compared to the past two years.
