Scientex 1Q net profit up 11% as margin strengthens, flags intense competition
Scientex Bhd (KL:SCIENTX) saw its earnings grow 11% in the recently-ended quarter from a year earlier thanks to cost-cutting efforts and sales of higher-margin products.
Scientex eyes Sarawak expansion in affordable housing push
Plastic manufacturer and property developer Scientex Bhd (KL:SCIENTX) is looking to expand its affordable housing footprint into East Malaysia, particularly Sarawak.
Gamuda-Samsung joint venture wins RM2.7 bil contract in Australia
Gamuda Bhd (KL:GAMUDA) said on Wednesday its joint venture has secured a construction contract worth close to RM2.7 billion in Australia.
Bank Pembangunan seals RM97.6m financing facility with Johor-based Coronade Properties
The development is predicted to generate more than RM9 billion in economic growth and create up to 60,000 jobs persistently.
Malaysian REIT earnings beyond seasonal 4Q uplift to be boosted by asset injections, improved occupancy—HLIB
"Looking ahead, we expect sector earnings to be underpinned by company-specific strategies such as asset injections, tenant remixing, and improving occupancies."
KUTS Hydrogen project to be relocated—Sarawak Metro
This follows Sarawak Metro Sdn Bhd's award of contract to Linde EOX Sdn Bhd for the relocation of Sarawak Energy Bhd’s hydrogen production plant and refuelling station.
Ann Joo partners Transyear to develop RM203m industrial park in Kedah
The estimated total cost attributable to Ann Joo’s indirect subsidiary Gurun Heavy Industrial Park Sdn Bhd (GHIP), including land, amounts to RM82.2 million.
Turiya shareholders block Wisma Sentral Inai deal; chairman Shamir to take over property unit to complete deal
The minority shareholders representing 20.19 million shares, or 95.9% of total votes, rejected two resolutions.
Pasukhas bags RM64m data centre construction job in JB
Pasukhas said its wholly-owned Midtown Engineering Sdn Bhd had on Monday received a letter of appointment from “one of the leading multinational technology corporations headquartered in the US”, without disclosing the client’s identity.
LBS Bina launches Aulica, low-density lakeside living in D’Island enclave
LBS Bina Group Bhd (KL:LBS) has launched Aulica, an RM83 million leasehold residential development within the D’Island Residence township in Puchong, Selangor. The low-density project offers 79 double-storey terraced homes.
