KSL Holdings' 4Q earnings up 16%, lifting annual profit to record high for second consecutive year
KSL Holdings Bhd (KL:KSL) achieved record-high annual profit for the second consecutive year, following a 16% growth in fourth-quarter earnings.
NCT Smart Industrial Park in Sepang receives five-diamond recognition at Low Carbon City Awards 2024
The NCT Smart Industrial Park (NSIP), by NCT Land Sdn Bhd, a subsidiary of NCT Group of Companies, has received a five-diamond recognition at the Low Carbon City Awards 2024 held at Sofitel Kuala Lumpur Damansara in Kuala Lumpur on Wednesday (Feb 26).
OSK Holdings plans one-for-two bonus issue; 4Q net profit jumps 51%
OSK Holdings Bhd (KL:OSK) has proposed a bonus issue exercise involving one bonus share for every two existing shares held.
Matrix Concepts says deferred revenue recognition drags down 3Q net profit to RM43m, will be recouped in coming quarters, declares 1.35 sen dividend
Matrix Concepts Holdings Bhd (KL:MATRIX) said on Thursday its net profit was down 24% in the third fiscal quarter from a year earlier on lower revenue and higher indirect expenses.
UEM Sunrise partners Singapore-listed GuocoLand to develop properties in Iskandar Puteri
UEM Sunrise Bhd (KL:UEMS) said on Thursday it will jointly develop some of its land in Iskandar Puteri, Johor, with Singapore-listed GuocoLand Ltd.
Glomac hands over affordable townhouse development in Bandar Saujana Utama to buyers
Glomac Bhd (KL:GLOMAC), via its wholly owned subsidiary Kelana Kuality Sdn Bhd, has handed over vacant possession of Seri Kenanga, a Rumah Selangorku affordable housing project at Saujana Perdana in Bandar Saujana Utama, Selangor.
ICW and BuildXpo 2025 aims to unite industry leaders, strengthen regional ties
The International Construction Week (ICW) and the Malaysia International Building and Construction Industry Exhibition (BuildXpo) 2025 will take place from Oct 28 to 30 at the Malaysia International Trade and Exhibition Centre, Kuala Lumpur.
How Urban Renewal Act proposals contravene Federal Constitution
The Urban Renewal Act (URA) is set to be presented in Parliament next month. Among its contentious proposals is an 80% consent threshold for properties of 30 years old and a 75% threshold for properties over 30 years old. This means that a property could be compulsorily redeveloped even if 20% or 25% of owners oppose it.
Zaliha: Govt studying city congestion charge, report expected by year end
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’ property investment segment records 53% growth
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.
