News by M

Tropicana Corp Bhd reported a net profit of RM1.25 million for the three months ended June 30, 2025 (2QFY2025).

NCT Alliance Bhd registered a second-quarter 52.1% surge in revenue.

WCT Holdings Bhd reported a 47% year-on-year increase in revenue to RM553.78 million for the second quarter ended June 30, 2025 (2QFY2025), driven by higher sales and billings in the property development segment and revenue from land sales.

Berjaya Land Bhd reported a narrower net loss of RM15.43 million for the fourth quarter ended June 30, 2025 (4QFY2025), a significant improvement from RM79.91 million a year earlier, driven by higher profits from its hotels and resorts, contributions from associates, and foreign exchange gains.

IGB Bhd (IGB) yesterday announced that its wholly owned subsidiary, IGB Corp Bhd (IGBCB) entered into a Shareholders Agreement with Southkey City Sdn Bhd (SCSB) to establish Enrich Horizon Sdn Bhd (EHSB) to acquire and develop two parcels of leasehold land in Southkey, Johor Bahru.

Surrounded by innovation hubs, universities, business parks, medical centres, and retail conveniences, the development offers access to a thriving ecosystem of over 800 companies, including top multinational corporations, tech firms, and government agencies.

Construction and property group Malaysian Resources Corp Bhd (KL:MRCB) posted a 70.6% year-on-year fall in net profit for the second quarter on lower construction billing.

KLCCP Stapled Group (KL:KLCC) said its second quarter net profit rose 4.9% to RM200.45 million from RM191.06 million a year earlier, supported by higher contributions from the retail and hotel segments.

IJM Corp Bhd (KL:IJM) posted a 10.04% increase in its first-quarter net profit, underpinned by stronger contributions from its construction and industry divisions.

The Malaysian Bar has urged the government to defer the second reading of the Urban Renewal Bill 2025 (URA Bill), joining a growing chorus of critics warning that the proposed law could undermine homeowners’ rights and displace vulnerable communities.