Nestcon wins RM355m apartment construction job
Nestcon Bhd (KL:NESTCON) has secured a RM355 million contract to construct two 57-storey serviced apartment blocks in northern Kuala Lumpur.
Paramount’s 3Q profit boosted by redemption of perpetual securities
Paramount Corp Bhd (KL:PARAMON) posted a 52.65% year-on-year (y-o-y) jump in net profit for 3QFY2025, driven by the redemption of the remaining outstanding perpetual securities.
UOA REIT profit dips slightly in 3Q on higher maintenance costs
UOA Real Estate Investment Trust (KL:UOAREIT) posted a marginal 0.2% decline in net profit to RM10.45 million for the third quarter ended Sept 30, 2025 (3QFY2025), compared with RM10.48 million a year earlier, despite an 8.3% rise in gross rental income.
Transport Ministry studying feasibility of Trans Borneo Railway, findings expected by mid-2026
The Transport Ministry said it has commenced a feasibility study on the proposed Trans Borneo Railway project to assess the potential development of a rail network across Sabah and Sarawak.
IGB buys former Movie Animation Parks Studios site in Perak for RM43.65m
IGB Bhd (KL:IGBB) is acquiring the site of Perak’s shuttered theme park, Movie Animation Parks Studios (MAPS), for RM43.65 million to replenish its land bank.
ECRL works on MRR2 halted after temporary canopy collapses on passing car
Malaysia Rail Link (MRL) has halted East Coast Rail Link (ECRL) works near the Gombak Toll Plaza after a temporary steel canopy collapsed and hit a passing car on the Batu Caves–bound stretch of Jalan Lingkaran Tengah 2 (MRR2) on Tuesday.
NCT Group, Speedex sign MOU to deliver logistics services at NCT Smart Industrial Park
NCT Group of Companies, through its subsidiary NCT Land Sdn Bhd, has signed a memorandum of understanding (MOU) with Speedex Express Logistics (M) Sdn Bhd to provide integrated logistics solutions at the NCT Smart Industrial Park.
Malaysia's data centre boom to lower Industry 4.0 costs for SMEs, says Mida
Malaysia's growing investment in hyperscale and artificial intelligence (AI)-ready data centres will lower the barriers for small and medium enterprises (SMEs) to adopt Industry 4.0 technologies, said Malaysian Investment Development Authority (Mida) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.
Govt, Semantan asked to update court on how assessment for compensation will be done
The High Court on Monday (Nov 17) instructed the government and Semantan Estate (1952) Sdn Bhd to update the court on how the assessment for the payment of compensation/damages will take place following the illegal acquisition of the "Duta enclave" land in 1956.
OSK Property’s unveils Bayu68, its first commercial hub in OSK Iringan Bayu in Seremban
OSK Property, the property arm of the OSK Holdings Bhd (KL:OSK), has unveiled Bayu68, the first commercial development within its 1,717-acre township OSK Iringan Bayu in Seremban.
