Times Square owner Berjaya Assets shrinks 4Q loss with accounting gains
Berjaya Assets Bhd (KL:BJASSET), the developer of Times Square, said on Wednesday it narrowed net loss for the fourth quarter with accounting gains and revenue growth.
Silver Ridge’s Cyberjaya data centre project falls through as PKNS unit exits JV
Telecommunications services provider Silver Ridge Holdings Bhd’s (KL:SRIDGE) plan to build six data centres in Cyberjaya has collapsed after its joint venture partner, Selangor Industrial Corporation Sdn Bhd (SIC), a Perbadanan Kemajuan Negeri Selangor (PKNS) unit, withdrew from the deal.
Star Media slips into losses in 2Q amid lower contribution from property development
Star Media Group Bhd (KL:STAR) slipped into the red with a net loss of RM231,000 for the second quarter ended June 30, 2025 (2QFY2025), against a net profit of RM7.49 million a year earlier.
Asian Pac buys Salcon’s property development arm for RM42 mil
Asian Pac Holdings Bhd (KL:ASIAPAC) is acquiring a property development firm from Salcon Bhd (KL:SALCON) for RM42 million in cash, in a move to strengthen its presence in the Klang Valley.
Lim Seong Hai Capital assures no disruption to KL Tower ops amid appeal by former operator
Lim Seong Hai Capital Bhd (KL:LSH) said that the operations at the Kuala Lumpur Tower will continue without interruption, despite the appeal filed by its former operator Menara Kuala Lumpur Sdn Bhd, and its parent Hydroshoppe Sdn Bhd, against High Court ruling last month.
IJM Corp unit secures RM1.4 bil data centre project in Johor, its biggest yet
IJM Corporation Bhd (KL:IJM), via its wholly owned subsidiary IJM Construction Sdn Bhd, has secured a RM1.4 billion contract to build a large-scale data centre in Johor Bahru, its biggest data centre project to date.
Magma completes RM380 mil capital reduction exercise
Magma Group Bhd (KL:MAGMA), whose shares have risen over 77% year-to-date, has completed its RM379.81 million capital reduction exercise.
MGB clinches RM186 mil apartment construction job in Johor
MGB Bhd (KL:MGB) said it clinched an RM185.99 million contract on Tuesday to develop serviced apartments in Iskandar Puteri, Johor.
Classita unit sues Koperasi Felcra for RM9m over Perak housing project
The RM69.04 million project, known as Kampung Tersusun Generasi Kedua Felcra Seberang Perak, was awarded to Caely-M in 2013 and completed on Oct 3, 2022.
Inta Bina bags RM265m apartment construction job
The 38-month contract will commence on Aug 18.
