News by Navineshkumar Selvakumar

PRG Holdings Bhd (KL:PRG) has appointed PKF Covenant Equity Consulting Sdn Bhd (PKF) to conduct an independent review of the transactions between the group’s construction unit Premier Construction International Sdn Bhd (PCI), and Premier De Muara Sdn Bhd (PDM).

Sime Darby Property Bhd's (KL:SIMEPROP) new venture fund should generate at least RM62 million in annual attributable net profit from the second half of 2027, according to Hong Leong Investment Bank.

Property developer Yong Tai Bhd (KL:YONGTAI) has applied for a fourth six-month extension to submit its draft circular for the proposed RM160 million sale of Courtyard by Marriott Melaka, nearly two years after the deal was announced.

Kerjaya Prospek Group Bhd (KL:KERJAYA) has secured two contracts worth RM102.6 million for construction works at Andaman Island, Penang, expanding its outstanding order book to RM4.4 billion.

Paramount Corporation Bhd (KL:PARAMON) said it has so far issued RM190 million under its RM500 million perpetual securities programme.

KPS Consortium Bhd (KL:KPSCB), which is mainly engaged in the manufacture of tissue-related products, has proposed to acquire three freehold properties in Rawang for RM45.4 million, for investment purposes.

Property developer Pasdec Holdings Bhd (KL:PASDEC) has promoted its vice-president of property and strategy development, Mohammad Ikhwan Mustapa Al Bakri, to chief executive officer, effective today.

Construction and property firm Bina Puri Holdings Bhd (KL:BPURI) is extending its financial year again, now combining nearly two years of results into a 23-month reporting period by switching to a May year-end.

Gadang Holdings Bhd (KL:GADANG) has posted a net loss of RM10.38 million for its third financial quarter ended Feb 28, 2026 (3QFY2026), a reversal from a net profit of RM9.08 million a year earlier, after it was hit by additional costs.

Ecobuilt Holdings Bhd (KL:ECOHLDS) has proposed to diversify into property development as well as the trading of building materials, a move that the company expects to contribute at least 25% of its net profit in the future.