Malaysian Resources Corp Bhd (KL:MRCB) posted a 64.57% year-on-year (y-o-y) drop in its first quarter net profit due to lower sales and billings following the completion of two major projects.
Property developer Matrix Concepts Holdings Bhd (KL:MATRIX) said on Monday that its net profit rose 7.16% for the fourth quarter from a year earlier thanks to higher sales and a one-off writeback.
Engineering and construction company Gamuda Bhd (KL:GAMUDA) announced on Friday that it has secured contracts worth a combined value of RM1.74 billion to build a hyperscale data centre for Sime Darby Property Bhd (KL:SIMEPROP) at the latter’s Elmina Business Park.
Sime Darby Property Bhd (KL:SIMEPROP) said on Thursday it will build and lease out a hyperscale data centre at its Elmina Business Park in a deal worth RM2 billion, marking the group’s entry into the data centre segment.
Lagenda Properties Bhd (KL:LAGENDA) said it is buying 855 acres of freehold land in Kuala Muda, Kedah for RM148.98 million to capitalise on the demand for affordable housing.
The number of foreign workers in the country should not exceed 15% of the 17.1 million labour force projected by the Ministry of Economy.
Ho Hup Construction Company Bhd (KL:HOHUP) said its 52%-owned unit Golden Wave Sdn Bhd (GWSB) has applied with the High Court to be placed under judicial management.
Mitrajaya Holdings Bhd (KL:MITRA) has clinched a contract worth RM174.3 million to build a hospital in Shah Alam, Selangor.
Menang Corp (M) Bhd (KL:MENANG), a property development and management company, is venturing into healthcare by establishing a health and wellness-related development in Negeri Sembilan.
Former TIME dotCom Bhd (KL:TIMECOM) chief financial officer Shahnaz Farouque Jammal Ahmad has joined Malaysia Building Society Bhd (KL:MBSB) as the banking group’s new CFO.
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