IJM Corporation Bhd (KL:IJM) said it expects a strong showing from its construction division in the current financial year, after stronger construction activities helped lift its first-quarter net profit by 43.7%.
This is the first time Ong has lost his substantial unitholder status — falling below a 5% stake — in Hektar REIT since he emerged in December 2023.
Property tycoon Tan Sri Desmond Lim Siew Choon and his wife, Puan Sri Tan Kewi Yong, have transferred all of their units in Pavilion Real Estate Investment Trust’s (KL:PAVREIT) into a vehicle.
Construction firm Vestland Bhd (KL:VLB) has proposed to raise up to RM60.44 million via a private placement of up to 10% of its enlarged share base to fund working capital for current as well as future projects.
The government expects construction material prices and supply to remain stable after fuel prices moderated following tempered tensions in West Asia.
Radium Development Bhd (KL:RADIUM) managing director and major shareholder Gan Kah Siong’s brother, Tan Sri Gan Yu Chai, has emerged as a substantial shareholder of the property developer.
Data centres are expected to consume one-third of Malaysia’s electricity supply by 2035 and the government is taking steps to ensure stable and reliable power.
Some 32,800 completed homes worth RM16.37 billion remained unsold in the first quarter of 2026 (1Q2026), with nearly half priced below RM300,000, said Deputy Housing and Local Government Minister Datuk Aiman Athirah Sabu, citing National Property Information Centre data.
Contractors appointed for the LRT Shah Alam Line, or otherwise known as LRT3, are liable for RM2.729 million in liquidated damages for every day the project is delayed, Deputy Transport Minister Datuk Hasbi Habibollah told the Dewan Rakyat.
IOI Properties Group Bhd (KL:IOIPG) will rejoin the FBM KLCI as a constituent after being expelled more than a decade ago.
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