Sime Darby Property rises after strong results, set for third straight day of gains
Sime Darby Property Bhd (KL:SIMEPROP) rose on Friday after reporting a set of stronger-than-expected results, and analysts are now unanimously bullish on the stock.
Sime Darby Property Bhd (KL:SIMEPROP) rose on Friday after reporting a set of stronger-than-expected results, and analysts are now unanimously bullish on the stock.
KLCCP Stapled Group (KL:KLCC) on Thursday reported a marginal rise in net profit for the third quarter, supported by a higher contribution from its management services segment.
Shareholders of Sunway Construction Group Bhd (KL:SUNCON) are set for a cash windfall as the group declared its maiden special dividend of 23 sen per share—payable on Jan 8, 2026—since its listing.
Practice Note 17 (PN17) company Ireka Corp Bhd (KL:IREKA) said it has secured a RM15.5 million subcontract to build a government health clinic and integrated quarters in Mak Mandin, Seberang Perai, Penang.
Sime Darby Property Bhd (KL:SIMEPROP) is well-positioned to take on more debt to fund its income-generating industrial and data centre projects.
Sime Darby Property Bhd (KL:SIMEPROP) expects its newly opened KLGCC Mall in Bukit Kiara to break even sooner than initially projected as early operating indicators on the mall operation have exceeded internal forecasts.
Sime Darby Property Bhd’s (KL:SIMEPROP) net profit for the third quarter ended Sept 30, 2025 (3QFY2025) rose 31.2% year-on-year (y-o-y) to RM168.23 million from RM128.26 million, boosted by stronger sales and cost efficiency in its property development business.
Pekat Group Bhd (KL:PEKAT) has secured a RM33.8 million subcontract from Gamuda Engineering Sdn Bhd for works at a hyperscale data centre in Eco Business Park V, Puncak Alam, Selangor.
Haily Group Bhd (KL:HAILY) has secured two construction contracts worth a combined RM80.3 million for residential projects in Taman Bestari Perdana, Plentong, Johor Bahru.
Ibraco Bhd (KL:IBRACO) is disposing of approximately 4.2 acres of vacant land in Kuching, Sarawak for RM35.4 million, in a move aimed at unlocking the land’s value and supporting the expansion of private healthcare services in Sarawak.