News by Navineshkumar Selvakumar

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.

Binastra Corporation Bhd (KL:BNASTRA) is poised to close its financial year 2026 with a "bang", according to RHB Research, who is projecting a sharp 60% to 100% jump in its upcoming fourth-quarter earnings, driven by its strong RM7 billion order book.

Plastic packaging company and property developer Scientex Bhd (KL:SCIENTX) saw its earnings grow by 9.1% in the recently-ended quarter from a year earlier thanks to improvement in both its property and packaging businesses.

IGB Bhd (KL:IGBB), the developer of Mid Valley City, said on Friday its net profit rose over 20% in the last quarter of 2025, thanks to a surge in rental income and home sales.